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us small car production


General Motors will build new small car in idled U.S. factory

General Motors announced this morning that it will build a future small car at existing U.S. production facilities beginning at some unspecified date. Also remaining unspecified is the location where the car will be built and the actual product. The announcement comes in the wake of the recently ratified modified contract with the UAW. The press release does say that the new production will raise GM's North American product sourcing from the current 67 percent to over 70 percent by 2013, which runs counter to some recent comments from CEO ... Read more →

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