GM closing 4 truck and SUV plants. "He [Wagoner] said a market shift to smaller vehicles is permanent.GM shares rose 36 cents, or 2.1 percent, to $17.80 in premarket trading." Haha! Investors are rewarding GM management for permanently stopping to make SUVs! Sweet! General Motors plans to close 4 truck and SUV plants in US, Canada and Mexico GM closing 4 truck and SUV plants in North America: Financial News - Yahoo! Finance Hurry everyone! Run down to your local dealer and buy a Suburban before they're all gone! "Wagoner said GM's board approved the production schedule of the Chevrolet Volt, and the company plans to bring the plug-in electric car to showrooms by the end of 2010. The Volt runs on an electric motor and has a small engine to recharge its batteries."
And Hummer may be sold or get a remake! Maybe if there are still any companies around that make Conestoga wagon wheels, that should fit nicely in their product line!ound: Seriously though, I feel sorry for the auto workers, including those in my state, who are going to permanently lose their jobs as the plants that employed them, their fathers and grandfathers before them get shuttered. All thanks to the forward thinkers in GM management. What a shame. Jim
