Business in brief
From news services
Wednesday, June 10, 2009

AUTOMOTIVE
 

GM to add up to 4 weeks to some plant closings

General Motors says it will add as many as four weeks to the temporary closures of seven assembly plants because of the continued U.S. auto sales slump.
Spokesman Chris Lee says factories in Detroit, Lansing and Orion Township, Mich.; [...]

June 10, 2009

Spring Hill workers torn between buyout offer, GM plant’s uncertain future

By Bonna Johnson
THE TENNESSEAN
SPRING HILL — Andrew Mills has a weighty decision to make: stick with General Motors after 15 years at the Spring Hill plant as a second-generation auto worker or consider a buyout package that would leave him and his [...]

GM Salaried Retirees Face Two-Third Benefit Cut -Letter
June 09, 2009: 05:59 PM ET
(Adds current retirees will sustain deeper cuts than future retirees)

By

Sharon Terlep
Of DOW JONES NEWSWIRES
DETROIT -(Dow Jones)- General Motors Corp. (GMGMQ) is further slashing benefits to retired white-collar workers and their dependents, according to a letter sent to retirees.
GM will no [...]