GM Plant Shuts Down for 4 Weeks to Upgrade for Volt Production Boost
19 May 2011, 05:40 UTC · By: Alina Dumitrache / American auto giant General Motors announced today it will close the Detroit-Hamtramck Assembly plant for four weeks beginning in June in order to boost the Volt production, along with assembly of t...
Pontiac Is Going Out of Business
1 Nov 2010, 10:16 UTC · By: Andrei Costea / After 84 years, former performance division of General Motors is going out of business. On April 27, 2009, due to financial crisis and restructuring efforts, GM announced that by the end of 2010 the...
GM Closes Hummer and Begins Clearance Sale
7 Apr 2010, 08:17 UTC · By: Dan Mihalascu / General Motors is shutting down its Hummer brand, after failing to find a buyer for the troubled SUV manufacturer. The deal to sell Hummer to Sichuan Tengzhong Heavy Industrial Machinery failed to r...
AvtoVAZ Will Shutdown for a Month
22 Jul 2009, 12:03 UTC · By: Alexandru Radu Chis / Russia's largest car maker, AvtoVAZ faces more problems due to the current economic climatel. Faced with plunging sales, the auto maker is expected to close its gates and suspend production for...