Friday, February 15, 2013

Current Event Paper About Gm 2009

Good News for GM

According to a recent patronage journal, GM provide be summoning back 2,400 workers (“GM to bring,” 2009). It seems as though GM is currently in the assist of retooling many of their factories in order to begin production on new products (“GM to bring,” 2009). For example, they have appointed their Fairfax, Kan., manufacturing plant to stimulate the first U.S plant to produce small cars for the North American market as of 2011(“GM to bring,” 2009). This type of corporate regrouping has give-up the ghost GM to appoint some of their plants to be on secondary capacity, while closing others (“GM to bring,” 2009).
Because of these current changes GM is prognostication to increase labor hours as well. For instance, a third transubstantiation is expected to be added in April at their Ft. Wayne plant; and a second shift at their plant in Lordstown, which was in general due to a spike in demand for the Chevrolet cobalt (“GM to bring,” 2009). So, is the tide truly beginning to change for GM?

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With this latest report one would believe that the company is qualification great strides forward in hopes of recovering from their past losses. The fact that GM has to increase production shifts (supply) in order to agree up with demand is very promising for the company’s future. Of course, this also comes as good news for the 2,400 people who were idle and who are now able to increase their purchasing power, which in-turn will help to stimulate economic growth.


Work Cited

GM to transport Back 2400 Jobs. (2009, September 22)
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