Sunday, 15 April 2018

GM to cut more than 1,000 US jobs tied to small cars

GM to cut more than 1,000 US jobs tied to small carsGeneral Motors will cut more than 1,000 jobs in the US tied to production of sedans that are in low demand, the automaker said Friday. The cuts will affect GM's factory in Lordstown, Ohio, where the biggest US automaker produces the Chevrolet Cruze. Sales of the vehicle have dropped 32 percent in the last four years, the company said, part of a broader trend in the US that has seen consumers ignore small cars in favor of sports utility vehicles and larger "crossover" cars amid low gasoline prices and a recovering economy.




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