General Motors Says Factory Closings and Restructuring Will Cost 14,700 Jobs

The grill and bumper assembly are installed on a Chevrolet Camaro at GM's car assembly plant in Oshawa Ontario in May 2009

The three assembly plants that will close are: Oshawa Assembly in Oshawa, Ontario, Canada, Detroit-Hamtramck Assembly in Detroit, and Lordstown Assembly in Warren, Ohio.

General Motors says it plans to cease production of some models at three vehicle assembly plants in the USA and Canada in 2019.

In a dramatic move, GM will be "unallocating" Lordstown Assembly in OH, which builds the Chevrolet Cruze; the company's famed Detroit/Hamtramck Assembly, home of the Cadillac CT6, the Buick LaCrosse, the Chevrolet Volt, and the Chevrolet Impala; and Oshawa Car Assembly in Ontario, Canada, which produces the Impala, the Cadillac XTS, and recently picked up a few Chevrolet Silverado lines as well.

"The UAW and our members will confront this decision by GM through every legal, contractual and collective bargaining avenue open to our membership", the union said in a statement. The company offered buyouts to 18,000 white-collar workers in October, but hasn't said how many accepted. They'll be a lot of questions. Unifor doesn't know the details of the announcement, but noted that no product production has been planned at the plant beyond December 2019.

GM - whose brands include Chevrolet, Buick, Cadillac and GMC - said the cuts would save $6bn (£4.68bn) by the end of next year.

The company, she said, has invested in newer architectures for trucks and SUVs so it can cut capital spending while still raising investment in autonomous and electric vehicles. "They're all coming back". The US$6 billion in savings includes cost reductions of US$4.5 billion and lower capital expenditure annually of nearly US$1.5 billion.

Todd Smith, Ontario's minister of economic development, did take a swipe at Ontario Liberals when he said GM's decision speaks to "15 years of mismanagement". Workers had until last week to decide whether to leave the company.

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As for General Motors, Ford said he found out about the plant closure on Sunday afternoon. Two transmission plants - one in White Marsh, Md., and another in Warren, Mich. - are also set to stop production.

"Today our generation is facing a new Black Monday in the Mahoning Valley", Congressman Ryan said, "GM's announcement is devastating for the men and women working at Lordstown and everyone here in the Mahoning Valley".

"GM received record tax breaks as a result of the GOP's tax bill previous year, and has eliminated jobs instead of using that tax windfall to invest in American workers", he said in a statement. Most of the affected factories build cars that won't be sold in the US after next year.

The stepped up cost-cutting and restructuring at GM comes as many industry executives and analysts predict that overall vehicle sales in the United States will decline further in 2019 and 2020.

The GM auto plant has always been woven into the fabric of the town.

Too many of GM's factories are operating on a single shift to build models that have fallen out of favour, leading its plants to run about 1 million vehicles short of their full capacity, said Kristin Dziczek, vice president of industry, labor and economics for the Centre for Automotive Research in Ann Arbor, Michigan. But the automaking leader of the future may not be GM or one of its traditional rivals. Under Unifor's four-year contract signed in 2016, GM must give the union a year's notice before closing the plant.

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