NEW YORK, Oct 29 (Reuters) - General Motors Corp. plans to lay off temporarily more than 10,000 workers for as long as one month early next year at five plants that primarily produce sport utility vehicles and pickup trucks, the New York Times and Wall Street Journal reported on Friday. The layoffs -- which will last from one to four weeks -- were first reported by The Detroit Free Press on Thursday. Soaring incentives on sport utility vehicles have depressed prices and squeezed profits ...
Premium Content (PAID Subscription Required)
"GM set for 10,000 temporary layoffs - reports" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.