GM plans to temporarily shut down Detroit factory, report says
General Motors vehicles go through assembly after GM celebrated the official launch of the Chevrolet Volt hybrid electric vehicle at GM’s Detroit-Hamtramck Assembly November 30, 2010 in Detroit, Michigan.
General Motors will close a Detroit factory for six weeks starting in mid-November due to weak sales, The Wall Street Journal reported Thursday, citing unnamed sources.
The move will affect 1,500 workers who work on four models that are in low demand among consumers: the Buick LaCrosse, the Cadillac CT6, the Chevrolet Volt and the Chevrolet Impala, the paper said.
The Detroit-Hamtramck plant will likely produce 20 percent fewer vehicles once production resumes in 2018, the Journal said.
GM declined to comment to the Journal and was not immediately available for comment to CNBC.
Correction: The Wall Street Journal on Thursday reported GM’s plan to temporarily close a Detroit plant. An earlier version misstated the day.