Strike May Cause GM Plant Shutdown
Sales of the Chevrolet Cobalt have been surprisingly good for General Motors, up 56 percent through February, but the strike at American Axle & Manufacturing Holdings Inc. may slow that down.
The strike at American Axle is preventing GM’s Lordstown, OH, plant from receiving a brake part that it needs for production of the Cobalt. GM has stated that the plant may have to shut down April 4th if the part doesn’t start rolling in again soon. There’s also a limited supply of the vehicle, only 49 days worth as of February 1st, so spring Cobalts may be hard to come by.
A plant shutdown could affect about 3,000 people, 2,400 GM workers at the Ohio plant, and over 300 more at other factories. That’s aside from the 3,650 American Axle employees on strike.
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