August 22, 2017
GM won’t reveal plans for Lordstown complex
Published: 8/6/17 @ Vindy.com
We would like to believe that no news is good news when it comes to the future of General Motors’ Lordstown assembly complex, but with each passing month our anxiety level rises.
Let there be no doubt that the GM decision-makers in Detroit know what’s in store for the home of the Chevrolet Cruze, one of the company’s best-selling passenger cars. It should also come as no surprise that they’re holding their cards close to the vest.
Corporations do not turn on a dime when it comes to investments and the launching of new products. Thus, our belief that plans for the Lordstown plant are in the hopper.
We can only hope it’s positive news for the Mahoning Valley. Our note of caution stems from the fact that sales of the Cruze have been soft for some time, despite the fact that the compact car has been rated high for quality, value and driver satisfaction.
Last week, GM released sales figures for July that showed a 25 percent drop in sales of the Lordstown-built Cruze from July 2016. There were 10,218 sedans sold last month, compared with 13,723 in July of last year.
In addition, there were 2,060 Cruze hatchbacks sold in July. The cars, which are built in Mexico, weren’t on the market in July 2016.
But here’s the reason for our growing concern about the future of the Lordstown plant: GM has reacted to the drop in Cruze sales by eliminating the third shift and halting production of the car for several weeks.