General Motors Corp. said Thursday it will temporarily close 13 assembly plants in the United States and Mexico, laying off nearly 24,000 workers to pare back a bloated inventory.
The closures, which will start in May, vary by factory from as short as three weeks to as long as 11.
The company plans to cut production by 190,000 vehicles and reduce inventory from the current 767,000 to 525,000 by the end of July.
The GM plant in Oshawa will not be affected because it is in the process of launching the new Chevrolet Camaro.
It was not clear whether GM’s engine plant in St. Catharines or its transmission plant in Windsor would be shut down. Both supply parts to the U.S. market.
