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GM is Going to Close Four Truck Plants and Maybe Kill or Sell HUMMER

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GM’s CEO is set to announce the closer of 4 of GM’s truck plants in North America.

The plants in Janesville, Wisconsin, Oshawa Ontario, Moraine, Ohio, and Toluca, Mexico, which are already running reduced production schedules are set to close by 2010. The models produced at these plants will either be discontinued or produced at GM’s other existing plants. The Jannesville plant produces medium trucks and SUVs, the Moraine plant produces the now archaic Trailblazer, GMC Envoy and Saab 9-7x SUVs. The other plants produce GM’s full size trucks. 10,000 workers are going to be affected by the closures that will save GM $1 billion a year.

GM’s CEO is also going to announce that GM is currently conducting a review of the HUMMER brand. GM is trying to decide if the automaker should continue ramp up the number of HUMMER models, sell it or kill the brand. There is no word on how long the review is going to last.

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