Monday, December 15, 2008

GM slashing car, truck production

Article


General Motors will suspend much of its North American production in January as it cuts 250,000 vehicles from its first-quarter output.

The company's car plants in Oshawa, Ont., will close for January, plus the first week of February.

Stew Low, a GM Canada spokesman, said the company's Oshawa truck plant will be down beginning the first week of January and not go back into production until the middle of March.

A total of 20 GM plants across the continent will be shut down for all or part of January. A GM spokesperson said normal production for the quarter would be about 750,000 cars and trucks.


Now why were we going to give these guys a few billion dollars ?

Oh yeah ! So they wouldn't fire everyone and shut all that plants down , thats why !


The Big Three automakers have been seeking $6.8 billion in loans and credit lines from Ottawa and Ontario.

Ken Lewenza, the president of the CAW, called on governments in Canada to go ahead with a support package for the Canadian auto industry, conditional on a U.S. bailout getting done.


We're gonna fire all those people, and we STILL want a wack of money from you anyways !!!!

Put the money into unemployment insurance and let these guys dangle, if you want my opinion.

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