Sources say GM to close plants up to nine weeks

[tjbusa]

It pertains to production of vehicles already stock piled, hopefully not affecting the camaro. http://www.msnbc.msn.com/id/30353861/

[josh1147]

US Factories too....nothing about "international" factories....which Oshawa would be, right?

[Vash]

We need another thread on this! Because 1000 is not enough..

Sorry.. forgive me I just could not help it lol.

[tjbusa]

Originally Posted by josh1147

US Factories too....nothing about "international" factories....which Oshawa would be, right?

I certainly hope not, they can't build camaros fast enough to keep up with demand.

[DevilKnightFalcon]

Originally Posted by Nexus6

The plant where the Camaro is being built is in Canada

True. Are we 100% sure that this is limited to US factories?

[OUR72GTO]

Ya .......that's right......they are going to close the one plant that has presold orders waiting to Oct 09 for a NEW model change that does not take place for another 12 months.

Do any of you read what you type before you hit POST?

[a6pk2go]

Originally Posted by OUR72GTO

Ya .......that's right......they are going to close the one plant that has presold orders waiting to Oct 09 for a NEW model change that does not take place for another 12 months.

Do any of you read what you type before you hit POST?

+1

[Xmicro_SS]

Originally Posted by quickdraw

1. The article says U.S. Plants. The Camaro is built in Canada.
2. The article says during the normal time that plants retool for the model year change. They are already building the 2010 Camaro so no resaon to shut down and retool.
3. The article says because on slumping sales and growing inventories. There are already close to 15,000 presold Camaros that need to be built and zero inventory.
4. They also are doing this to deal with a cashflow issue. The quicker these cars are delivered the sooner they will flow all of our cash.

You are more likely to see a tire shortage from an infection to rubber trees in Malaysa than the Camaro plant shutting down.

There is no way that they would shut down that money making plant!

[Design1stCode2nd]

GM is already facing a June 1 deadline. So unless the bond holders convert their equity and there are further concession by the UAW it's going to be chapt. 11 anyway so I'm more concerned about that than a closedown because of too much product.

[Edrock]

Originally Posted by salphonso

Isn't the Camaro made in a canadian factory...? Not trying to sound insensitive and only worrying about my precious Camaro, but does this affect Camaro production. Why dont they take the Employees of the factories shitting down, send them to Canada and make Camaros Faster, that way its all a win win. No lost jobs and faster production for us psychotic Camaro freaks!!!

^^^Is that called a freudian slip??

[Vash]

Please. There are 1000's of threads on this. Use one.
http://www.camaro5.com/forums/showthread.php?t=19551

[Baughman]

Originally Posted by a6pk2go

+1

I really dont think that they do.... everyone is panicking on unofficial word

[lil_chef]

Originally Posted by orangeinfernoman

maybe that is to put pressure on us congress to give let says $3500.00 incitatives promotions to stemulate us sales

mean salesmen would just add $3,500 to the price of the cars.....

[Tomash]

Union's "US workers welfare plan":
1) Force GM to sign the most costly insurance/retiremen deal for its workers
2) Don't do anything despite seeing GM choking and focusing on its cheaper factories (untouched by deals with US Workers Union)
3) Have US GM factories closed due to having low ROR
4) ???
5) Profit!

Oh wait...

In unrelated news: GM factories in Europe (mosly Opel's, but also some of ex-Daewoo Europe) experience growth and don't really understand how GM (with growing sales of Opels and European "Chevrolets") could be in such deep shit.



Sarcasm aside.

As for the incentive: Germans did it very well (and Austria and France followed): "Schrottpremie", i.e. getting 2.5k Euros for buying a new car after scrapping an old (at least 10-yr old) one.