November 26, 2018 / 8:26 PM / 21 days ago

GM says no plans at the moment to announce plant closures outside North America

SAO PAULO, Nov 26 (Reuters) - General Motors in Brazil will not announce plans to close plants outside North America “at this moment”, a representative for the company said on Monday.

GM said on Monday it will cut production of slow-selling models and slash its North American workforce in the face of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles. It also said it would shut down two plants outside of North America by 2020, without naming them. (Reporting by Alberto Alerigi Jr. Editing by Susan Thomas)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below