Corp. continues to study the future of the assembly plant in Ste. Therese, Quebec, that has no new product slated beyond 2002 when it ceases production of the Chevrolet Camaro/Pontiac Firebird.
G. Richard Wagoner, president and CEO, says don't look for a decision in the next six months. He says he would like to keep the plant open to preserve a skilled workforce and take advantage of strong community support for GM as a corporate citizen.
"But we've got to manage it in the context of overall capacity," says Mr. Wagoner.
GM wanted to stop production of the slow-selling cars earlier, but their life was extended in 1999 contract negotiations with the Canadian Auto Workers union.