Around 600 jobs are to be axed from a General Motors plant in northern Mexico because of falling sales in the US, reports said today.
Go deeper with GlobalData
The job losses will occur during this month and the next at the Ramos Arizpe factory.
News agency Reuters quoted GM spokesman Angel Sanchez as saying: “We are having to make an adjustment to our staffing due to the issue of demand. Orders for the local market, but to a large degree for the export market, are coming down.”
In December, GM announced that it would temporarily idle about 30% of its North American and Mexican vehicle assembly capacity in the first quarter of 2009, taking about 250,000 units out of the production schedule.
In Mexico the affected plants are Silao, which builds trucks and large SUVs; Ramos 2 (Chevy HHR, Saturn VUE, Chevy Captiva); and San Luis Potosi (Chevy Aveo, Pontiac G3).
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
