Although General Motors’ is still waiting to hear if it will land the emergency federal aid it needs to survive into next year, the Detroit-based automaker has announced that it will be drastically slashing production during the first quarter of 2009.
According to the Detroit Free Press, GM will be cutting 250,000 units from its production schedule during the first quarter of 2009. That total includes the already announced 60,000 units to be cut during the first three months of ’09.
GM has yet to release the full list of plants to be affect, but the majority of the automaker’s North American plants will be shut down for at least 30 percent of the first quarter.
The aforementioned 60,000 unit cut will be taking place at GM’s Fairfax facility in Kansas City, with workers at GM’s Spring Hill, Tennessee and Mansfield, Ohio plants receiving word they would be off the job until February 9th.
Despite the depth of the production cuts, industry analysts expect GM to announce more reductions in the coming months.
