Auto Industry is still Waning
The Portuguese Plant is Closing
GM is closing another major factory. The factory is in Portugal and it will close Oct. 31 of 2006. GM is constantly searching for ways to increase the profitability of the plant, but it seems that that’s not going to happen. Gerald Johnson, GM’s Europe director, announced the closing in a newspaper report on Friday.
Though Johnson has already stated the plant will close, the Portuguese government is doing everything they can to ensure it doesn’t close because it is a big source of revenue for them.
America is not the only country that’s hurting because of mismanagement in a few big companies. Germany and Portugal’s families have been hurt from layoffs and other things that sprung from our economy difficulties
See Also
- Have peace of mind about your auto
A powertrain warranty can protect your engine




New York City is expanding their hybrid-electric cabs this year. Soon NYC will have more
Everyone’s favorite
grandson to Bill Ford, announced that, in 2008, Ford would be back on their feet (maybe you can guess where I’m going with this article).
received some of the highest side impact crash ratings. The secret to their success is the new side impact airbags that were installed. The Impala and the Avalon both endured side impacts from an SUV size car.