General Motors announces the closure of seven factories around the world

General Motors announces the closure of seven factories around the world



General Motors (GM) today announced the closure of seven factories around the world as part of a restructuring plan.

The automaker said in a statement that it will close two assembly plants in the US and one in Canada, as well as two other unidentified plants in other countries.

GM added that it will also close two engine production plants in the US. The company did not specify the number of workers who will lose their jobs.

The company indicated that the closures are part of a process of "transformation for the future" and of "reorganization" of its global workforce to "align its manufacturing capacity".

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