GM To Temporarily Idle 4 North American Auto Plants
GovtSlaves.info
April 23, 2016
General Motors (GM.N) said on Friday it will close four North American plants that primarily make cars and not SUVs or trucks, for two weeks due to a parts shortage linked to the recent earthquake in Japan.
GM looked at parts availability and its North American plant operations and decided that these four plants would close to ensure adequate parts supply, a company spokeswoman said.
Operations at Lordstown, Ohio; Fairfax, Kansas; Spring Hill, Tennessee; and the Flex Oshawa plant in Ontario will be shut for two weeks beginning on April 25, GM said in a statement. (http://bit.ly/1NFs7v9)
GM will make up the production lost during the shutdowns by the end of this year, the company said.
“This temporary adjustment is not expected to have any material impact” on the company’s full-year production plan or either its second-quarter or full-year financial results for North America, GM said.
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