General Motors (GM) is calling it a “transformational acceleration,” or a fast-track of its plans laid out in 2015 to strengthen its core business, capitalize on the future of personal mobility and drive significant cost efficiencies. The company is also calling it an opportunity to allocate resources to self-driving and electric vehicles. The media and employee interests are calling it “job losses.” Analysts say the company is trying to reinvent itself. GM even has a new motto: “Zero Crashes, Zero Emissions, Zero Congestion.”
Whatever you call it, the company has announced that it will be shuttering three plants in 2019: the Oshawa Assembly in Oshawa, Ontario, Canada; the Detroit-Hamtramck Assembly in Detroit; and the Lordstown Assembly in Warren, Ohio.
Read the full article at Cantin Automotive Insider.