Feb 2, 2009

UAW official says GM in talks with Isuzu to sell truck business


According to Mark Hawkins, chairman of UAW Local 598, General Motors is in talk with Isuzu to sell its medium-duty trucks business. Hawkins says that the move comes as GM plans to come with a long-range viability plan it must present to the U.S. Department of Treasury on Feb. 17th.
GM is talk in to Isuzu [...]


According to Mark Hawkins, chairman of UAW Local 598, General Motors is in talk with Isuzu to sell its medium-duty trucks business. Hawkins says that the move comes as GM plans to come with a long-range viability plan it must present to the U.S. Department of Treasury on Feb. 17th.


GM is talk in to Isuzu about a deal for the commercial trucks it builds at the Flint Assembly plant. Hawkins said that a part of the deal will include a provision that will keep work at the Flint plant until 2014.



“I don’t know if it’s a good thing. It’s better than the alternative,” he said. “This keeps the work here.”


Talks between GM and Navistar International Corp. to acquire the U.S. automakers medium-duty unit fell through last summer.


Source: Detroit Free Press








No comments:

Post a Comment