GM to close most of its plans for nine-weeks starting July

Posted: Apr 22, 2009
Filed under: GM, Industry News

According to two anonymous people familiar with the matter, GM is planning on temporarily closing most of its U.S. plants for nine weeks due to low demand and increasing inventories of unsold vehicles.

Exact dates of the closures are not known but insiders say that they will occur around the normal two-week shutdown in July when GM changes from one model year to the next.

Spokesman Chris Lee would not comment on the report.

- By: Omar Rana

Source: MSNBC

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  • The reality check
    Last time I checked, a month had 4 weeks.
    Funny title, sad story of a dying giant.
  • zermatt
    I wouldn't be surprised if they would have enough cars (most models) to last until the 2010 model introductions if they stopped production at the end of May.

    GM has so much production over capacity that they probably shouldn't reopen some plants, at all.
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