GM's Monday Massacre And The Closing Of Detroit-Hamtramck Assembly
General Motors dropped a bomb on Monday, saying it will likely close three assembly plants including Detroit-Hamtramck in a pre-emptive move to cut costs and headcount ahead of an expected downturn.
The moves mean the elimination of as many as 14,000 jobs — including 1,500 at Detroit-Hamtramck — and the elimination of slow-selling sedans like the Chevrolet Volt and Impala and the Buick LaCrosse. A transmission plant in Warren could also close.
It's a particularly dubious cap to the saga of the Poletown plant, which rose during the 1980s after the two cities it straddles worked with GM to…
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