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Here comes the hurt: GM will "temporary idle" 30% of its production next quarter

Citing "rapidly deteriorating market conditions," GM announced major reductions today for its production plans starting in the first quarter of 2009. Plants throughout the US, Canada and Mexico will have shifts and lines "temporary idled" while GM deals with declining sales. All told, about 250,000 units will be removed from production, GM said in a statement. Most, but certainly not all, of the idled plants currently build large vehicles, something GM recently apologized for. You can find a full list of the plants and vehicles after the jump, ... Read more →

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