Updated: Today
Topic:

Globalization

Timber! General Motors is falling

The automaker announces it will close most of its manufacturing plants for 30 percent of the first quarter of 2009. That includes a factory in Tennessee, by the way.

This just in, from the Detroit Free Press:

General Motors Corp., which is involved in a last-ditch effort to garner federal funds to help it survive through January, confirmed this morning that it is slashing approximately 250,000 units of production in the first quarter by shutting down most North American assembly plants for about 30 percent of the first quarter.

Of special note:

Workers at GM's Kansas City, Kan., car plant and its Spring Hill, Tenn., crossover plant this morning said they were notified this morning that they will be down from the holidays through Feb. 9.

Tennessee, of course, is represented by Republican Sen. Bob Corker, whose quest to kill the UAW sabotaged the bailout -- unless Bush, Paulson and  TARP ride to the rescue.

Globalization in the news

Loading...

Currently in Salon

  • The Democrats' lust to win at any cost stripped abortion from the healthcare bill. Can pro-choicers put it back?
  • Why the hopeless story of a ghetto teen is just the kind of movie black people need right now
  • The fall of the Berlin Wall, 9/11 and the collapse of Lehman Brothers: Each ushered in a new American era
  • Don Draper and the denizens of Sterling Cooper take drastic measures in the face of a brave new world
  • Inside the elaborate, disturbing and downright riveting world of child-beauty pageants
  • This just in from the Institute for the Advancement of Conservative Science: History began on 1/20/09!
  • The untold story of Johnny Cash, protest singer and Native American activist, and his feud with the music industry
  • A memoirist searches for the truth about a fatal shooting in 1960s Phoenix
  • My partner says he's just not attracted to me "right now"
  • The aftermath of Wall Street's meltdown reminds me of the aftermath of the Berlin Wall's fall. Not in a good way