With the price of oil continuing to decrease, you would think auto makers would be able to get rid of the SUV's they have. Unfortunately this is not the case. GM is taking the initiative to notice a weak spot within the company, and they are making moves. They had already made plans to close down a few of the factories that produces the SUV's, but no one expected it to happen so fast. In December, they will be closing three of the factories in Moraine, Ohio, and Janesville. This will save GM money, and allow them to focus on making more fuel efficient cars. Monday, October 13, 2008
GM.. Saving Money, Closing Factories
http://money.cnn.com/2008/10/13/news/companies/GM_closure.ap/index.htm?postversion=2008101311
With the price of oil continuing to decrease, you would think auto makers would be able to get rid of the SUV's they have. Unfortunately this is not the case. GM is taking the initiative to notice a weak spot within the company, and they are making moves. They had already made plans to close down a few of the factories that produces the SUV's, but no one expected it to happen so fast. In December, they will be closing three of the factories in Moraine, Ohio, and Janesville. This will save GM money, and allow them to focus on making more fuel efficient cars.
With the price of oil continuing to decrease, you would think auto makers would be able to get rid of the SUV's they have. Unfortunately this is not the case. GM is taking the initiative to notice a weak spot within the company, and they are making moves. They had already made plans to close down a few of the factories that produces the SUV's, but no one expected it to happen so fast. In December, they will be closing three of the factories in Moraine, Ohio, and Janesville. This will save GM money, and allow them to focus on making more fuel efficient cars. 
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