Gas prices are starting to affect the GM in the U.S. GM is closing four truck and SUV plants in the U.S., Canada and Mexico. The plant closings are in Oshawa, Ontario, Moraine, Ohio, Janesville, Wisconsin, and Toluca, Mexico. The move will save the company $1 billion (yes with a “B”) per year starting in 2010.
GM’s CEO Rick Wagoner said the Hummer brand may be discontinued.
How high will gas prices go???
Source: news.yahoo.com
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