General Motors to cut more than 1,000 US jobs tied to small carsStaff Writer | April 16, 2018
General Motors will cut more than 1,000 jobs in the US tied to production of sedans that are in low demand.
Auto industry The Ohio plant currently employs around 3,000 people
Sales of the vehicle have dropped 32 percent in the last four years, the company said, part of a broader trend in the US that has seen consumers ignore small cars in favor of sports utility vehicles and larger "crossover" cars amid low gasoline prices and a recovering economy.
The Ohio plant, which currently employs around 3,000 people, has built cars in two shifts. The ramp-down follows an "historic" shift in the market, a GM spokeswoman said in an email.
GM notified regulators that up to 1,500 jobs could be impacted by the move, with the final number to be determined in the coming weeks. ■