GM halts electric van production in Ontario, lays off 1,200
On Friday, General Motors (NYSE: GM ) announced a temporary cessation of production for its electric commercial van at the company's assembly plant in Ontario. The pause in manufacturing, attributed to sluggish sales, is expected to last until October 2025. This decision by the Detroit-based automaker has led to the temporary layoff of 1,200 workers, as reported by Unifor, the union that represents the employees at the Ontario facility.
The suspension of the electric van production comes as a response to the lower-than-anticipated demand for the vehicle. Unifor disclosed the layoffs, emphasizing the impact on the workforce at the plant. The union is actively engaged with GM to discuss the implications for its members and to explore potential options during this hiatus.
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