GM cancels Volt, Cruze engine factory

Started by SVT666, January 28, 2009, 08:57:59 AM

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SVT666

January 28, 2009, 08:57:59 AM
GM cancels Volt, Cruze engine factory

General Motors announced last month that it was delaying construction of the Flint, Michigan factory scheduled to produce engines for the upcoming Chevrolet Cruze and Volt, but worsening economic conditions have forced the automaker to cancel the project altogether.

According to ABC12, GM has cancelled all construction contracts for the Flint plan. GM failed to give an official explanation for the cancellation, but it?s quite obvious the struggling automaker just doesn?t have the cash on hand to pay for the $370 million facility.

However, the cancellation doesn?t necessarily mean the city of Flint will miss out on the engine contract. ?Our commitment to the city of Flint hasn?t changed,? GM spokeswoman Sharon Basel said. ?Right now we are looking at all possible options and scenarios.?

Basel hinted that GM could use an existing structure to produce the 1.4L four-cylinder earmarked for use in the Chevy Cruze and Volt. However, GM gave no time table for the project, which could put both vehicles? scheduled launch dates in jeopardy.

the Teuton

#1
January 28, 2009, 09:14:39 AM
I bet it's not much more expensive to import the engines from China or Korea where they are already being produced.
2. 1995 Saturn SL2 5-speed, 126,500 miles. 5,000 miles in two and a half months. That works out to 24,000 miles per year if I can keep up the pace.

Quote from: CJ on April 06, 2010, 10:48:54 PM
I don't care about all that shit.  I'll be going to college to get an education at a cost to my parents.  I'm not going to fool around.
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cozmik

#2
January 28, 2009, 10:10:14 AM
Article I read on Autoblog said they plan on sourcing the engines from Germany, and that initially that's what they planned to do anyways, because the new plant wouldn't have been online for the launch to begin with.


2006 BMW 330xi. 6 Speed, Sport Package. Gone are the RFTs! Toyo Proxes 4 in their place

hotrodalex

#3
January 28, 2009, 10:53:51 AM
These are to two most important cars for GM right now, and they can't even afford them?

It's getting sadder and sadder every day.

Eye of the Tiger

#5
January 28, 2009, 01:14:13 PM
I guess O'bama will have to step in.
2008 TUNDRA (Truck Ultra-wideband Never-say-die Daddy Rottweiler Awesome)

Vinsanity

#6
January 28, 2009, 02:35:58 PM
Quote from: NACar on January 28, 2009, 01:14:13 PM
I guess O'bama will have to step in.

He'll need 5 loaves of bread and 2 fish

Submariner

#7
January 28, 2009, 02:40:09 PM
Quote from: Vinsanity on January 28, 2009, 02:35:58 PM
He'll need 5 loaves of bread and 2 fish

He need's no such things.  Not even Jesus holds a candle to him when it comes to healing powers.  ;)
2010 G-550  //  2019 GLS-550

Gotta-Qik-C7

#8
January 28, 2009, 11:14:04 PM
Quote from: Vinsanity on January 28, 2009, 02:35:58 PM
He'll need 5 loaves of bread and 2 fish
And be able to walk on water?  :lol:
2014 C7 Vert, 2002 Silverado, 2005 Road Glide

TBR

#9
January 29, 2009, 10:29:40 AM
I don't understand why they would be building anything at this point.

Vinsanity

#10
January 29, 2009, 11:04:06 AM
Quote from: gotta-qik-z28 on January 28, 2009, 11:14:04 PM
And be able to walk on water?  :lol:

Only if GM's health care plan doesn't cover leprosy  ;)
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