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Tag Archives: General Motors

GM may enter another round of salaried job cuts

General Motors Corp., already trimming its salaried work force by 14 percent, is planning a new set of cuts this month that may be similar in severity in some units, people familiar with the talks said. The Detroit automaker won’t ...

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What if?

Wentzville officials are starting to contemplate what was once unthinkable: the permanent shutdown of the General Motors van-assembly plant. This summer General Motors will shut down its Wentzville assembly plant for seven weeks. The automaker said the plant will close ...

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GM extends Wentzville shutdown

The local economy will take another hit this summer with General Motors’ recent announcement that its Wentzville van-assembly plant will shut down for a total of seven weeks. Just how much of a ripple effect the extended closure will have ...

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Chicken producer’s case may impact GM bankruptcy

A ruling by the judge overseeing the reorganization of Pilgrim’s Pride Corp., the world’s largest chicken producer, may make it harder for states and cities to stop General Motors Corp. or Chrysler LLC from closing plants if they end up ...

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Court refuses request by General Motors to enjoin combination of neighboring dealerships

The Eighth Circuit today held that General Motors did not show that it would be irrevocably damaged by a GM dealership’s request to share space with a neighboring Chrysler dealership to ensure the economic survival of both family-owned businesses. The ...

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401(k): Is suspending a match the right thing to do?

“Eastman Kodak Suspends 401(k) Match” was a headline in December, when the company announced its latest plan to cut its losses and restore profitability. It seems that every month a corporation announces that it plans to cut losses by suspending ...

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