General Motors is expected to announce a sweeping restructuring of its North American operations on Monday. The announcement is expected to include news that the automaker will cancel some slow selling models and cut production at several North American assembly plants.
News of the alleged restructuring began to hit Sunday evening in Canada. Reports state GM has informed Canadian union Unifor that it will not allocate any new products to the company’s Oshawa, Ontario assembly plant after December 2019; effectively stated the plant will close. The Oshawa facility employs about 2,500 and builds the Cadillac XTS and Chevrolet Impala, along with final production of the last-generation Chevrolet Silverado and GMC Sierra.
This morning an additional report has surfaced suggested GM’s restructuring will extend beyond the Canadian facility. Automotive News has been told by sources within GM that the company also plans to cut products currently produced at the company’s assembly plants in Lordstown, Ohio and its Detroit-Hamtramck plant in metro Detroit.
GM’s Lordstown plant currently produces the Chevrolet Cruze, while the Detroit-Hamtramck plant produces the Buick LaCrosse, Cadillac CT6, Chevrolet Impala and Volt. Both plants have seen shift reductions over the course of the last year as demand for sedans continues to drop across the entire industry.
Assuming GM confirms these reports later today, the company will be joining rivals Ford Motor Company and Fiat Chrysler Automobiles in slashing sedan production to cope with dramatic shifts in consumer demand.