GM closes seven factories worldwide but maintains Alvear's one | Rosario3.com

The automaker General Motors (GM) announced Monday the closure of seven plants worldwide as a result of a restructuring plan providing for a 15% reduction of direct and contract staff. The company said that for the moment Mercosur is not participating in its adjustment program.

In a statement, GM announced the closure of two badembly plants and two engine production plants in the United States, one badembly plant in Canada and two other unidentified factories located outside of the United States. North by the end of 2019, in addition to another already announced. in South Korea.

The company hopes that the productive reorganization will save some $ 6,000 million and "increase the utilization of installed capacity", for which it will continue to work to optimize other manufacturing costs, productivity and competitiveness of wages and benefits, "said informed.

Regarding the transformation of the workforce, the company indicated that "measures are being taken to reduce the salaried staff and contractors by 15%, which includes 25% less in management levels for simplify decision-making ".

What's new with Argentina

The automaker has meanwhile ratified its "investment pledges in the region", which include an expenditure of 500 million US dollars until 2020 for the development of a new global model that will be produced at the factory in Alvear, near the city. of Rosario.

"General Motors does not currently advertise any shares related to activities outside of North America," said Telam agency at the announcement of the announcement. the parent company concerning the closure of 7 production plants in order to optimize its operation. the production

There are four factories in the United States, one in Canada and two not yet individualized. The company's Argentine subsidiary said this afternoon that "GM Mercosur is maintaining its investment commitments in the region," which allows for "security on the ads made".

The automaker has announced this year for its plant in Gran Rosario an investment of 500 million USD by 2020 (300 USD per GM and 200 USD of its badociated suppliers) to produce a new global model, whose details n & # Have not yet been disclosed. .

"The investment in Rosario will accelerate in 2019 and will be completed by 2020," they said, in order to dispel any uncertainty about their future as part of the productive reorganization of the company in the world.

New models

The terminal currently produces only the average Cruze sedan, which required an investment of US $ 750 million in the so-called Fenix ​​project, to be completed by the announcement of an additional US $ 500 million. which began to be disbursed this year.

The new model that will be launched in all markets in the coming years will come from an unprecedented global platform under construction in Alvear, whose production will be 80% export-oriented, in particular in the Brazilian market.

For the region, that is to say the production operations in Argentina and Brazil, the brand has launched a launch program of 20 new models, as well as the renewal of existing models, as part of the program. a plan that extends until the beginning of the next decade.