The GM plant in Ft. Wayne makes trucks. That may be the reason the Indiana operations were spared closings in five cities that will cost over 15,000 people their jobs.
Plants in Detroit; Oshawa, Ontario; Warren, Ohio; White Marsh, Maryland; and Warren, Michigan, will close, the company announced Monday. CNN reported the plants made sedans that are not as popular as they once were, including the Chevrolet Volt, Impala and Cruze, the Buick LaCrosse, and the Cadillac CT6 and XTS.
Two of the plants made engines and parts for those cars. The facilities made some trucks, but those trucks are also made at in Mexico.
GM said in a conference call with reporters that even though they are doing well, and sales are up, that cutting 15 percent of the workforce and 25 percent of the executive force, will put the company in a better financial position. It will also allow the company to make better use of its technology.
