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Sagging pickup truck and sport utility vehicle sales have forced General Motors Corp. to shut down one shift each at four North American factories and lay off about 3,500 workers.The world's largest automaker by sales said Monday that the cuts,
General Motors Corp said on Monday it would cut truck production at four North American plants in the coming quarter because of weaker demand for its full-size pickup trucks and sport utility vehicles.GM said it would eliminate one shift of
Freightliner plans to cut about 1,500 jobs at its truck-manufacturing plant in Cleveland, N.C., a rural town 45 minutes north of Charlotte.The Portland-based company says a drop in demand for its heavy trucks has prompted the cuts, which are slated
The Mercedes SLK was first introduced to the market in 1996 and with the delivery of the 500,000th model, Daimler can celebrate yet another successful vehicle in their super sized portfolio.