GM to cut 900 at truck plant

[Butta]

Friday, October 22, 2004

GM to cut 900 at truck plant

General Motors Corp., anticipating slumping demand for two of its most profitable vehicles, is cutting 900 hourly workers from its Pontiac, Mich., Truck Assembly Plant in January.

The company told employees this week that it was eliminating one of three production shifts it has operated at the plant since the fall of 2002. A spokesman said GM did not know how many of the 900 United Auto Workers members would get jobs at other plants or remain permanently laid off.

The Pontiac plant is one of four in North America that produces the Chevrolet Silverado and GMC Sierra.

Sierra and Silverado sales so far this year are up 9.9 percent and 1.9 percent, respectively, but have been driven in part by steep dis- counts and, for Silverado buyers, cash rebates.

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