General Motors Faces Even More Havoc Over American Axle
Read 35,101 TimesPosted Mar 4, 2008, 2:38 ET by Jason
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More in: Chevrolet, General Motors, GMC, Hummer, SUV

After already shutting down four assembly plants, General Motors is now facing even more havoc over the American Axle strike with the temporary shut down of two more assembly plants. The first plant is in Moraine, Ohio which produces SUV's, including the Chevrolet Trailblazer and GMC Envoy. The second is a plant in Mishawaka, Indiana which produces the Hummer H2 SUV. "The halt in production of those vehicles is not expected to impact dealers right away", however analysts have reported, "a short work stoppage could allow GM to run down inventories of trucks and sport utility vehicles, but have cautioned that a longer disruption could be costly". Hopefully a decision will be made sooner than later.

Source: Yahoo Finance.


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