GM Holden Ltd. plans to partially close its production line in Australia by moving to a single shift, 2-crew operation at its plant in Elizabeth, South Australia. Output will be halved, but there will be no immediate layoffs. The new production slate, effective May 4, calls for about 310 car builds a day, down from 620, as the General Motors Corp. subsidiary aligns output with forecast demand in both domestic and export markets. The GM Holden announcement comes the same day the Federal ...
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