Tags: Big | Three | Automakers | Will | Shut | Plants

Big Three Automakers Will Shut 7 Plants

Friday, 28 September 2001 12:00 AM

GM and Ford said the plant shutdowns in the United States and Canada were planned before the Sept. 11 terrorist attacks in New York and Washington and would last a week.

Big Three automakers began offering no- or low-interest loans this month to get people back in dealer showrooms after the terror attacks. Zero-financing deals cover nearly all 2001 and many 2002 model cars and light trucks. Interest rates rise with the length of the loan.

General Motors, the world's largest vehicle maker, said it will shut down three plants, a passenger car assembly plant in Orion Township, Mich., that makes Buick Park Avenue, Buick LaSabre and Oldsmobile Aurora sedans, and factories in Baltimore and Wentzville, Mo., that build Chevrolet Astro and GMC Safari vans and Chevrolet Express and GMC Savana full-sized vans,

The Michigan plant has 3,200 workers, the Maryland plant 1,000 and the Missouri plant 2,200.

Ford, the No. 2 automaker, will idle a plant in Oakville, Ontario, that makes the Windstar van and an Atlanta car plant that builds the Ford Taurus and Mercury Sable, laying off a total of 5,400 workers.

The Chrysler Group, the U.S. unit of Germany's DaimlerChrysler AG, will furlough 6,000 workers at two plants in Windsor, Ontario, that assemble Dodge and Chrysler mini- and full-sized vans.

Automakers are ramping down production to reduce inventories. Chrysler dealers had about a 90-day supply of minivans on hand at the beginning of September.

The Detroit News said Toyota was expected to cut overtime next week at its plant in Cambridge, Ontario, and that Volkswagen AG had idled production at two plants in Germany this week.

The Detroit Free Press said managers at GM, Chrysler and Ford were told to cut costs by slashing overtime not required by UAW contracts. Overtime was still scheduled at plants producing hot-selling vehicles like Ford's Escape small sport-utility vehicle and the Chrysler PT Cruiser.

Copyright 2001 by United Press International. All rights reserved.

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GM and Ford said the plant shutdowns in the United States and Canada were planned before the Sept. 11 terrorist attacks in New York and Washington and would last a week. Big Three automakers began offering no- or low-interest loans this month to get people back in dealer...
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2001-00-28
Friday, 28 September 2001 12:00 AM
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