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Breaking: GM to announce plant closures as early as next week

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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 09:41 AM
Original message
Breaking: GM to announce plant closures as early as next week
Edited on Fri Oct-10-08 09:43 AM by RGBolen
AP Source: GM may announce production cuts, possible plant closures as early as next week
7 minutes ago
AP: DETROIT AP source: GM may announce production cuts, possible plant closures as early as next week.


http://news.ino.com/headlines/?newsid=689378777074790
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Blue_Tires Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 09:45 AM
Response to Original message
1. not good....
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 09:53 AM
Response to Reply #1
6. Probably is good, hopefully GM is accepting it's role as a much smaller player in things.
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 09:46 AM
Response to Original message
2. Maybe they expected a bailout from Bush n/t
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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 09:50 AM
Response to Reply #2
4. They recently got one...
US Congress passes 25 bln loan guarantees to automakers

Sept. 28


http://news.yahoo.com/s/afp/20080928/pl_afp/uscongressautocompany
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Skink Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 09:50 AM
Response to Original message
3. But they are still going to market the volt.
Yeah right.
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gateley Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-10-08 09:52 AM
Response to Original message
5. I'm so sorry to hear this. And just think of all the plant closures we're not
hearing about because they're not GM. :(
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