General Motors is laying off 510 workers at two Michigan auto plants. according to reports.
Local media in Detroit said that the move reflects higher stocks on small car models that are selling slowly amid low gasoline prices. The company is therefore choosing to cut production rather than use incentives to shift stock.
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The Detroit News reported that GM will lay off 350 workers at its Lansing Grand River Assembly plant in January.
The report said that those layoffs are in addition to the phased layoffs of 160 of the nearly 1,470 hourly workers at GM’s Orion Assembly plant in Orion Township. The report added that those layoffs, which begin in January, will conclude by the end of 2015. The plant builds the small Buick Verano and subcompact Chevy Sonic cars.
The Grand River plant builds the compact Cadillac ATS and ATS Coupe, and the midsize Cadillac CTS. Beginning in January, the Grand River plant will operate on a single shift until production of the next-generation Camaro starts, the Detroit News said.
