General Motors Corp. says today it will shutter four light-truck plants in North America and speed production of more passenger cars and cross/utility vehicles in response to a shift in consumer demand that threatens to jeopardize the auto maker’s turnaround plan. GM Chairman and CEO Rick Wagoner outlines the latest strategy, which also includes a review of the Hummer brand, prior to the auto maker’s annual meeting in Wilmington, DE, today. He cites sustained oil prices as the primary ...
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