By purging their product lines of passenger cars and closing or converting plants that build them, the Detroit Three automakers may have played a potentially losing hand should market and economic conditions suddenly change.
By Ed Garsten, Contributor. Forbes. Thu, 27 Dec 2018 15:46:00 -0500.
Detroit's biggest automaker announced plans in November to close five factories, including three assembly plants, and to cut 15 percent of its North American workforce. More than 14,000 employees are expected to lose their jobs.
CNBC. Fri, 21 Dec 2018 13:00 GMT.
General Motors' decision to idle four U.S. assembly and parts plants could provide ammunition for critics of President Donald Trump's new North American trade agreement.
AutoNews.com. Mon, 10 Dec 2018 00:01:00 EST. Subscription may be required.
Volkswagen's CEO said after a meeting at the White House that the German automaker was building an alliance with Ford and that they might use the U.S. automaker's plants to build cars.
AutoNews.com. Tue, 4 Dec 2018 14:35:54 EST. Subscription may be required.
The White House is threatening to curtail federal subsidies for electric cars in response to General Motors' decision to shut down auto production at plants in Ohio and Michigan. ...
Dave Boyer. Washington Times. Tue, 27 Nov 2018 13:56:30 -0500.