Wow..... and not for retooling... but forever!
Light & Medium Truck | GM Ceases Medium-Duty Truck Production
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GM Ceases Medium-Duty Truck Production
By Light & Medium Truck
General Motors Corp. has announced that production of its medium-duty truck lines will cease by July 31 after several years of failing to find a buyer for its commercial trucks. The shutdown affects the Chevrolet Kodiak and GMC Topkick Class 5 through 7 model lines.
"After four years of working with multiple potential buyers, General Motors has decided to wind down its medium-duty truck operations," the automaker said in a statement released June 8.
GM last year reached a tentative deal to sell the division to Navistar Inc. , but the agreement expired in August without a final sale being reached. Isuzu Commercial Truck of America, a long-time GM partner, also has been mentioned as a possible suitor.
“We were never able to get a suitable arrangement completed,” Jim Hopson, communication manager for Buick, Pontiac and GMC, told Light & Medium Truck. “We needed to go ahead and made a decision to wind down the operations. ”
The announcement comes just over a week after GM Fleet and Commercial Operations General Manager Jim Campbell issued a statement stating that the company remained “fully committed” to the fleet and commercial business. Campbell said in the June 1 release that GM intends to, “continue with vehicle production as outlined in previously communicated schedules. ”
Hopson said that other elements of the company’s Fleet & Commercial Operations, such as fleet vehicles and full-size cargo vans, will continue.
About 400 of a total 2,100 workers at GM’s Flint, MI plant are involved in medium-duty production, Reuters said.
The plant will continue to produce the full-size and heavy-duty Chevrolet Silverado/GMC Sierra pickup trucks, Hopson said.
GM Chief Executive Officer Fritz Henderson told reporters at an event in Warren, MI that the medium-duty truck division had not been successful for years. He said workers would be deployed to other facilities or offered buyouts, Reuters reported.
GM medium-duty sales totaled about 20,000 last year, down from roughly 30,000 in 2007, Reuters said.
Light & Medium Truck | GM Ceases Medium-Duty Truck Production
e-mail this article
GM Ceases Medium-Duty Truck Production
By Light & Medium Truck
General Motors Corp. has announced that production of its medium-duty truck lines will cease by July 31 after several years of failing to find a buyer for its commercial trucks. The shutdown affects the Chevrolet Kodiak and GMC Topkick Class 5 through 7 model lines.
"After four years of working with multiple potential buyers, General Motors has decided to wind down its medium-duty truck operations," the automaker said in a statement released June 8.
GM last year reached a tentative deal to sell the division to Navistar Inc. , but the agreement expired in August without a final sale being reached. Isuzu Commercial Truck of America, a long-time GM partner, also has been mentioned as a possible suitor.
“We were never able to get a suitable arrangement completed,” Jim Hopson, communication manager for Buick, Pontiac and GMC, told Light & Medium Truck. “We needed to go ahead and made a decision to wind down the operations. ”
The announcement comes just over a week after GM Fleet and Commercial Operations General Manager Jim Campbell issued a statement stating that the company remained “fully committed” to the fleet and commercial business. Campbell said in the June 1 release that GM intends to, “continue with vehicle production as outlined in previously communicated schedules. ”
Hopson said that other elements of the company’s Fleet & Commercial Operations, such as fleet vehicles and full-size cargo vans, will continue.
About 400 of a total 2,100 workers at GM’s Flint, MI plant are involved in medium-duty production, Reuters said.
The plant will continue to produce the full-size and heavy-duty Chevrolet Silverado/GMC Sierra pickup trucks, Hopson said.
GM Chief Executive Officer Fritz Henderson told reporters at an event in Warren, MI that the medium-duty truck division had not been successful for years. He said workers would be deployed to other facilities or offered buyouts, Reuters reported.
GM medium-duty sales totaled about 20,000 last year, down from roughly 30,000 in 2007, Reuters said.
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