No summer shutdown at most GM plants

By Chavon Sutton, staff reporter


NEW YORK (CNNMoney.com) -- General Motors said Thursday it will not shut down most of its assembly plants this summer, as it usually does, due to sizzling demand.

GM, the largest U.S. automaker, said that 9 of its 11 assembly plants will continue to operate from June 28 and July 9, a move that is expected to generate up to 56,000 additional vehicles.

"Our manufacturing teams are taking creative approaches to increase production and reduce the wait times for our dealers and customers," said Mark Reuss, president of GM North America, in a prepared statement.

Plants have traditionally closed for a short period during the summer to facilitate annual model changeover, maintenance and to manage employee vacation schedules.

The assembly plants that will stay open are located in Arlington, Texas; Bowling Green, Ky.; Detroit Hamtramck, Mich.; Fairfax, Kan.; Flint, Mich.; Fort Wayne, Ind.; Delta Township, Mich.; Lansing, Mich.; and Wentzville, Mo.

The company said that temporary workers are expected to be used to fill in for full-time employees during the period.

The only plants to take part in a summer shutdown will be the Lordstown, Ohio, and Shreveport, La., plants.

In February, GM announced that it would add 1,200 jobs to its Lordstown plant in order to ramp up production of its new Chevy Cruze model.

In 2009, GM filed for bankruptcy protection and received about $50 billion in bailout money from the government. In recent months, it has resurfaced with fewer brands -- Buick, Chevrolet, GMC and Cadillac -- and sales have rebounded sharply. Year-to-date sales are up 31% from the same period in 2009, according to Tom Henderson, a GM spokesman.

Combined year-to-date sales for several of its newest vehicles, including the Chevrolet Equinox, Buick LaCrosse and GMC Terrain, have more than quadrupled from the same period last year.

"Our products are doing well in the marketplace," said Henderson.  To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 16,805.41 127.51 0.76%
Nasdaq 4,483.72 30.92 0.69%
S&P 500 1,964.58 13.76 0.71%
Treasuries 2.27 -0.00 -0.09%
Data as of 7:42pm ET
Company Price Change % Change
Ford Motor Co 13.78 -0.62 -4.31%
Microsoft Corp 46.13 1.11 2.47%
Apple Inc 105.22 0.39 0.37%
Bank of America Corp... 16.72 0.12 0.72%
Yahoo! Inc 43.50 0.90 2.11%
Data as of Oct 24

Sections

New York headlines took a straight forward and direct approach with NYC's Ebola news. More

The midterm elections are around the corner, and the economy remains a top concern. With unemployment down and inflation low, why do people still feel the economy stinks? More

Shares of Facebook recently topped $80. They've more than quadrupled from their post-IPO lows of two years ago. Can Mark Zuckerberg keep the momentum in mobile going? More

Host a furniture market. Here's how small town High Point, N.C. rakes in this much money -- twice a year. More

If you're looking to fly this holiday season, the clock's ticking to get the best prices. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.