Tuesday, April 7, 2009

GM's Spring Hill workers worry

General Motors Corp.'s Spring Hill assembly plant could face a more difficult battle to survive a new round of auto industry cuts sought by the Obama administration in the wake of the ouster of GM's chief executive last week and the prospect of an even leaner GM.
In return for any continued federal financial support of GM, the Obama administration said, the automaker's reorganization plan must include steeper reductions in manufacturing capacity and labor costs, even though the company already has closed factories and reduced its work force by about 60,000 in the past year.


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GM says 7,500 took buyouts, including 310 at Spring Hill