GM to cut production in half by 250,000 cars
First quarter production for 2009 will be dramatically cut
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Comments (7)
radmeister
Interesting how everywhere i hear this magic figure of 30%, seems like everyone is cutting production by 30%. I have a friend that works at Emerson Electric, i work for one of the biggest steel producers, and i have another friend at Siemens, everyone is cutting production by 30% for this coming quarter....Interesting if you ask me.
December 15, 2008 6:06 pm
trailer
Yes, sell it whoever that respects the brand, and do not leave us without Insignia...
December 15, 2008 6:54 pm
porschekrazii
finally .. they should've done this a long while ago!
now it's not even for the sake of competing, it's for surviving .. pretty sad if you ask me
December 15, 2008 9:03 pm
Radmeister...it is interesting...most companies that I deal with seem to be cutting costs by 30% as well.
December 16, 2008 2:11 am
plasma_cluster
You lose Lemon. Watch as this wounded beast tries to stay afloat while the big boys have their feet up in the Maybach swallowing up British companies or whoever else we choose.
December 16, 2008 11:31 am
Joe_Limon
this is good news. The loss of jobs is a serious blow to the unions. The first step in the right direction... that and I have an underlying wish that all major automotive manufacturers go belly up... all part of one day wanting to own a car company.
December 16, 2008 12:59 pm
