GM Summer Shutdown?
 Thursday, April 23rd, 2009 by Connie T.
Finally someone at General Motors may have realized that they're making
too many freaking cars! In November of '08 we reported
that despite GM's sales having dropped 45% (now up to 48.8%), they were still producing more than 7 vehicles
per minute (at least 284,000 more per year than reasonably needed). With the state of
the economy, people are buying less automobiles, and there's no reason to continue
inflated production when there aren't enough buyers for the vehicles being manufactured.
Yesterday the Detroit
Free Press was told that General Motors Corp. will begin a summer shutdown, which will take effect at some
plants beginning in mid-May, and that most of its factories are to be closed for up to nine weeks.
A spokesperson for GM, however, declined to comment on this, saying that GM employees will
hear production news first. GM has asked for about $30 billion from the federal government,
$13.4 billion of which has been granted as a loan thus far.
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