GM Adds a Month to Spring Hill Downtime

Aerial Photo of the Former Saturn Plant

Dan Strumpf from the Associated Press: As part of a larger General Motors Corp. production slowdown, a GM spokeswoman at Spring Hill says the plant will extend its downtime for the holidays by more than a month because of market conditions. Spring Hill plant spokeswoman Kate Neary said Friday that the holiday begins December 24 for GM's 3,481 employees at Spring Hill. She said production at the plant that makes the new Chevrolet Traverse had been set to resume January 5. That date has been moved to February 9. Neary said about two-thirds of employees are involved in production.

Random Article from the SaturnFans.com Archives

Report: Auto Loans Could Come by Friday

Tags:

David Shepardson from the Detroit News: Treasury Department officials are weighing the condition of the nation's banks before they loan money to General Motors and Chrysler, possibly by Friday. Treasury Secretary Henry Paulson said automakers would soon get emergency loans but the department is still asking detailed questions of automakers before it allocates any money from the $700 billion Troubled Asset Relief Program, or TARP.