General Motors announced today they will cut production in the first quarter of 2009 by 250,000 units, or approximately 30% of total capacity, affecting 21 plants in three countries.
This news follows the failure of the auto industry aid bill and news of other automakers slashing production. General Motors blames the "speed and severity" of the Carpocalypse. The list includes more than a dozen of the company's US plants. The cuts cover a wide range of vehicles, including nearly every truck line in addition to cars like the Chevy Malibu, Saturn Aura, Pontiac G6 and Cadillac CTS.