Earlier this week General Motors announced that it would be closing four plants in the United States and Canada in a cost-cutting exercise that see a reduction in GM’s production of trucks and SUV’s. That was probably to be expected as the cost of fuel rose and the demand for big vehicles diminished.
What was not so obvious though was that General Motors also planned to close part of its plant at Fisherman’s Bend Plant in Melbourne. Reports suggest that up to 500 jobs could be lost and Holden closes the four cyclinder engine production line.
General Motors’ Plant Closures Come to Australia