The 3,650 worker strike at American Axle, which is now in its fifth week, has forced GM to halt production at seven GM light-truck assembly plants in North America. With no progress being made between the UAW and American Axle, GM may soon be forced to close its first car assembly plants next week.
According to a report by the Associated Press, GM could stop producing the Chevrolet Cobalt and the Pontiac G5 in Lordstown, Ohio, by April 4 as a result of a shortage of brake parts made by American Axle. The Buick Lucerne and Cadillac DTS, which are produced at GM’s Detroit-Hamtramck plant, may also face a shot down.
Automotive News says that GM had 53 days supply of Chevrolet Cobalt and 110 days of Pontiac G5 as of March 1.
Automotive analysts are saying that the halt in production is ‘something that’s survivable’ and that GM could still afford to ‘stand on the sidelines a little while longer.’
Source: Automotive News (Subscription Required)