GM will idle plants for 9 weeks

[SVT666]

Breaking: GM to shutter most U.S. plants for nine weeks this summer

Facing slumping sales and extreme cost cutting, General Motors will shutter many of its U.S. plants for nine weeks this summer. General Motors has yet to confirm the plan, but two inside sources say the Detroit-based automaker has already decided to extend its summer shutdown.

According to the Associated Press, the shutdowns include GM?s already planned two-week shutdown in July. The extra seven weeks of closure will help GM and its dealers clear out some of the unsold inventory.

It remains unclear which plants will be impacted by the shut down and for how long, but it looks as though many of GM?s U.S. plants will be included in the closure.

GM has been living off a $13.4 billion government loan and could face bankruptcy if it can?t drastically turn around its North American operations.

[Speed_Racer]

Would GM just die already!

[giant_mtb]

They should have done this a long time ago when they first started noticing huge pile-ups of cars on their lots.

[Morris Minor]

How could the remedy of pumping all the billions of our dollars in to fix GM not have worked?

[SVT_Power]

They should have done this a long time ago when they first started noticing huge pile-ups of cars on their lots.

Wanna hear something funny?

Suzuki has a FIVE year supply of XL-7's at the current selling rate 

[giant_mtb]

Wanna hear something funny?

Suzuki has a FIVE year supply of XL-7's at the current selling rate 

Sweet Jesus.