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March 17, 2010


GM to Stop Producing Medium-Duty Trucks



June 9, 2009


General Motors Corp, which filed for bankruptcy protection a week ago, said Monday that it would cease production of medium-duty trucks by July 31 after attempts to sell the operation failed.

"After four years of working with multiple potential buyers, General Motors has decided to wind down its medium-duty truck operations," the automaker said in a statement.

GM plans to cease production of Chevrolet Kodiak and GMC Topkick medium-duty trucks by July 31. The automaker sold about 20,000 of the vehicles last year, down from roughly 30,000 in 2007, as the U.S. economy sank into a deep recession.

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[From Reuters via CNN]


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March 17, 2010


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