GM Earnings

By: Aaron Baskerville
By: Aaron Baskerville

General Motors' first quarter earnings are on the rise from a year ago, but second quarter projections are another story.

Led by overseas results, GM earned $1.5 billion from January through March, compared with $228 million in the first quarter last year.

The corporation is expected to reduce second quarter production, citing sluggish demand. UAW local 652 union leaders say the opposite is happening at Lansing Grand River Assembly Plant.

Its workers are currently working overtime. The plant is also working towards manning a second shift late summer, to keep up with the demand of the Cadillac CTS.

Grand River will have workers transfer in from other locations to help with production of the CTS and Cadillac SRX. One hundred and thirty-two workers have accepted to transfer in.


WILX 500 American Road Lansing, MI 48911 517-393-0110
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 293581 - wilx.com/a?a=293581