Posted on 03/03/2012 10:32:59 AM PST by Lazlo in PA
General Motors told 1,300 employees at its Detroit-Hamtramck factory that they were being “temporarily laid off” for five weeks as the company halts production of the Chevrolet Volt, the Detroit Free Press reports.
“Even with sales up in February over January, we are still seeking to align our production with demand,” said GM spokesman Chris Lee.
“We needed to maintain proper inventory and make sure that we continued to meet market demand,” he told The Hill in a phone interview.
(Excerpt) Read more at theblaze.com ...
A VW with a small turbo diesel cruising at 70 on the interstate gets far in excess of 40 mpg. The Germans are going to bring in their small diesels and raise hell in the market.
The small turbo diesel will prevail adequately to disrupt the market. BMW,Mercedes, and VW building in the south will capture enough of the market to destroy Detroit.
American diesels are made by truck and machine companies engine who are so far behind on technology they will never catch up.
Ford is having a Jimmuh Carter moment.
Not to worry, they’ll start up again in five years to produce one sample that the then ex-POTUS Obama had promised to purchase.
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