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Official: GM invests $331 million, adds 110 jobs at Arlington plant

Filed under: GM, Earnings/Financials

GM Arlington Assembly

General Motors has committed to investing a total of $2 billion in 17 of its facilities here in the United States, and the latest to receive monitory support is the Arlington Assembly Plant in Texas. $331 million is being pumped into the Arlington facility for tooling and equipment in an effort to expand the plant. 110 jobs will also be added to the facility’s existing 2,400-person workforce.

Currently, the plant builds The General’s GMT900 sport-utility vehicles: the Chevrolet Tahoe, Suburban, GMC Yukon and Cadillac Escalade. GM likely has no plans to abandon this segment anytime soon, so it only makes sense that the plant will be updated in order to support the next generation of these full-size SUVs.

The Arlington Assembly investment comes after GM made efforts to expand its Detroit-Hamtramck, Bowling Green, Flint and Bay City facilities. Follow the jump for the official press blast.

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GM invests $331 million, adds 110 jobs at Arlington plant originally appeared on Autoblog on Thu, 26 May 2011 15:33:00 EST. Please see our terms for use of feeds.

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GM adding 750 jobs to build more heavy-duty pickups

Filed under: Truck, Hirings/Firings/Layoffs, Plants/Manufacturing, Work, Chevrolet

Chevrolet Silverado HD at Flint Assembly

General Motors has announced that it will add another shift at its Flint Assembly plant to produce more Chevrolet Silverado and GMC Sierra heavy-duty pickups. The third shift is expected to add a full 750 new jobs, and the first wave of employees will begin arriving at the facility during the second quarter of this year. Production will ramp up in the third quarter. Right now, Flint Assembly employs 2,100 workers, and last year, the factory churned out 115,000 vehicles. GM says that the first wave of positions will be filled by workers who were laid off at other facilities. The majority of those workers are expected to originate from Lansing.

The remainder of the positions will be taken by employees who were laid off at other plants, including Orion, Willow Run and Warren. GM won’t be hiring any new employees for the third shift. Hit the jump for the full press release.

[Source: General Motors]

Continue reading GM adding 750 jobs to build more heavy-duty pickups

GM adding 750 jobs to build more heavy-duty pickups originally appeared on Autoblog on Mon, 24 Jan 2011 13:01:00 EST. Please see our terms for use of feeds.

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Report: CAR projects Michigan will net up to 23,000 new auto jobs in 2011

Filed under: Chrysler, Ford, GM

Ford Explorer assembly line

The fourth quarter of 2010 showed strengthening auto sales, and analysts believe 2011 will reveal further sales growth. That will likely lead to more profit for automakers, and The Detroit News reports that Michigan jobs could follow. The report cites findings by the Center for Automotive Research (CAR) that show up to 23,000 new Michigan jobs in 2011 alone.

That’s a huge number of high wage jobs in a region still burdened with unemployment levels over 10 percent, and a big reason the Mitten State is projected to be a jobs winner is a shift in the competitive landscape. Ford and General Motors are making money in a down auto market and Chrysler was breaking even even before refreshing most of its vehicle lineup. CAR points out that the Detroit Three are also competitive on labor and legacy costs, quality and manufacturing efficiency, which frees up more money for product development.

CAR has reportedly been able to track at least $5.6 billion in announced projects in Michigan over the past 24 months, and the industry continues to recover from the Great Recession; a number that stands a good chance of increasing.

[Source: Detroit News | Image: M. Spencer Green/AFP/Getty]

Report: CAR projects Michigan will net up to 23,000 new auto jobs in 2011 originally appeared on Autoblog on Mon, 17 Jan 2011 08:00:00 EST. Please see our terms for use of feeds.

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Report: Saab cutting 200 jobs

Filed under: Hirings/Firings/Layoffs, Plants/Manufacturing, Saab, Earnings/Financials

LA 2010: 2012 Saab 9-4X – Click above for high-res image gallery

Saab may been been saved from an untimely death by Spyker, but sales have yet to rebound. According to Reuters, union representative Hakan Skott says the poor sales mean Saab will cut its workforce by 200 jobs, bringing overall employment at its Trollhättan complex from about 1,600 to 1,400. Skott claims this is no surprise, given that Saab’s sales forecast was revised downward from 45,000 units to between 30,000 and 35,000 for all of 2010.

Cutting nearly 15 percent of all factory jobs is a serious issue, but Skott feels (hopes?) sales will pick up in February or March. Saab didn’t comment on the report, though Spyker CEO Victor Muller reportedly told Dagens Industri that there was “no reason to worry,” adding that Saab still intends to build 80,000 vehicles in 2011. Muller added that temporary workers are the ones receiving pink slips.

Gallery: LA 2010: 2012 Saab 9-4X

LA 2010: 2012 Saab 9-4X

Photos copyright (C)2010 Jeff Glucker / AOL

[Source: Automotive News – sub. req.]

Report: Saab cutting 200 jobs originally appeared on Autoblog on Sun, 21 Nov 2010 19:02:00 EST. Please see our terms for use of feeds.

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Report: Post-bankruptcy GM has added nearly 7,000 jobs

Filed under: Hirings/Firings/Layoffs, GM, Canada

The Detroit Free Press is reporting that General Motors has added a total of 6,900 jobs since the automaker emerged from bankruptcy in 2009. The news came out of a radio interview with Steve Girsky, GM vice president. Girsky said that a portion of that figure is made up of workers who were originally laid off as part of the restructuring process and then later recalled as manufacturing picked back up. Of the nearly 7,000 jobs, 1,100 are situated in Michigan. GM has recently increased its workforce at its Delta Township and Brownstown Township facilities, amongst others.

The company has also hired around 2,800 workers at its Canadian operations as well. GM is set to release its financial statement for the most recent business quarter later this month, and Girsky says that the numbers continue to demonstrate a company on the mend. Last quarter, the company posted a $865 million profit.

While the addition of nearly 7,000 jobs is a good milestone for GM, it’s important to bear in mind that the figure marks a little more than a sixth of the workers laid off during restructuring.

[Source: The Detroit Free Press | Image: Bill Pugliano/Getty]

Report: Post-bankruptcy GM has added nearly 7,000 jobs originally appeared on Autoblog on Thu, 05 Aug 2010 16:32:00 EST. Please see our terms for use of feeds.

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Report: Teen car sales drop as jobs remain scarce

Filed under: Car Buying

We all remember our first car. There’s nothing quite like the memory of seeing your parents hand you the keys to a vehicle you can call your own, and the experience has historically happened somewhere between a child’s 16th and 18th year. Right?

Perhaps not. It seems that the time-honored act of buying your first new-to-you car in your teenage years is waning in popularity. And the same is also true of vehicles purchased from well-meaning parents for their children. According to CNW Marketing Research, in calendar year 2005, there were 7.5 million vehicles purchased by or for teens. In 2010, that number is expected to dwindle all the way down to 4.2 million.

Tellingly, this statistic is falling right alongside the flickering teen job market. CNW reports that 27 percent of all American teens have not worked full- or part-time so far this year, which is up dramatically from 2005. Not surprisingly, only 16 percent of teenagers that do happen to have their own set of wheels pay the full monthly payment themselves (that’s down from 21 percent).

Transaction prices are also down, which has led to another intriguing bullet point: 57 percent of cars purchased by or for teens are from domestic automakers, due largely to the fact that American cars tend to be less expensive on the used market.

[CNW Marketing Research | Image: Getty]

Report: Teen car sales drop as jobs remain scarce originally appeared on Autoblog on Fri, 23 Jul 2010 10:59:00 EST. Please see our terms for use of feeds.

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