The Conservative Cave
Current Events => Economics => Topic started by: RobJohnson on June 04, 2008, 12:06:25 PM
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WILMINGTON, Del. - General Motors is closing four truck and SUV plants in the U.S., Canada and Mexico, affecting 10,000 workers, as surging fuel prices hasten a dramatic shift to smaller vehicles
Wagoner said the GM board has approved production of a new small Chevrolet car at a plant in Lordstown, Ohio, in mid-2010 and production of the Chevrolet Volt electric vehicle in Detroit.
Wagoner announced the moves in response to slumping sales of pickups and SUVs brought on by high oil prices. He said a market shift to smaller vehicles is permanent.
GM shares rose 43 cents, or 2.5 percent, to $17.87 in midday trading.
The cuts will affect 10,000 hourly and salaried workers. Many will be able to take openings created when 19,000 more U.S. hourly workers leave later this year through early retirement and buyout offers.
http://news.yahoo.com/s/ap/20080603/ap_on_bi_ge/gm_shareholders
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....but you're in luck. My boss's Son-in-law can still build you a Ford Super Truck.
http://www.f650pickups.com/indexb.html
:-)
This is Chris and Christine with Shaq:
(http://www.f650pickups.com/deez2.jpg)
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....but you're in luck. My boss's Son-in-law can still build you a Ford Super Truck.
http://www.f650pickups.com/indexb.html
:-)
This is Chris and Christine with Shaq:
(http://www.f650pickups.com/deez2.jpg)
wow..cool pic!
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I never knew about his son-in-law, but every time I walked into his office, adjacent to mine, for our phone conferences I always noticed this:
(http://www.f650pickups.com/rides2.jpg)
Now, my boss retired as a CW3 back in about 1989 or something like that. He's 66 years old. Not a magazine generally found on the desk of an old white guy. :lmao:
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That is neat....a stretched out truck...I used to help a guy build limos in the 80's....the frames are a little scary...have a feeling they would fold up pretty good if you were ever t-boned....
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The GM Plant down the street from my house will be the only plant making full sized SUVs now.
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The GM Plant down the street from my house will be the only plant making full sized SUVs now.
That is great news for your area!
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The GM Plant down the street from my house will be the only plant making full sized SUVs now.
That is great news for your area!
Yeah, great news for them. GM thinks there will be enough demand for the 1 plant to run regular operations.