News and Commentary

General Motors Says It Plans To Cut Production, Close Plants, Lay Off Workers

Emily Zanotti

General Motors says it’s going to scale back production, closing plants and cutting up to 15% of salaried jobs nationwide in a move they say will help decrease production costs and keep the company “lean” and “agile,” though they stopped short of blaming Trump administration steel tariffs for an increase in production costs.

Automotive News reports that the Detroit-based automaker, which has been in and out of dire financial straits for nearly a decade, will end production on the Chevrolet Cruz, the Impala, and the all-electric Volt. The company will also end sales of Cadillac XTS and Buick LaCrosse, but only in the United States. Cadillacs, while not entirely popular in the United States, are among GM’s biggest sellers worldwide, particularly in China.

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