General Motors Kills Off Six Models As It Closes Down Plants

Anyone paying attention to the automotive industry lately would have noticed the slow death of sedans. Ford was the first to announce it was killing off all sedan models except for the Mustang,starting with the end of all national advertising.

For a few years now, we've heard rumors thatGeneral Motors would be taking a similar routeand now those rumors have panned. GM has today announced an aggressive cost-saving plan which includes the shut down three assembly plants and the death of six sedan models.

The three plants being shut down are Detroit-Hamtramck in Michigan, Lordstown in Ohio, and Oshawa in Ontario. These shutdowns will include a layoff of around 15% of the company's total salaried staff in an effort to save $6 billion in cash flow by 2020.

6,200 jobs are reportedly at stake including around 1,500 in Hamtramck, 1,600 in Lordstown, and 2,500 in Oshawa. GM made the move "in response to market-related volume declines in cars."

The Detroit plant is responsible for building the Chevrolet Volt and Impala, Buick LaCrosse, and Cadillac CT6, the Ohio plant builds the Chevy Cruze, and the Ontario plant builds the Cadillac XTS and Chevrolet Impala.