General Motors Company (GM) has a view of is serious mending of their own work, and this involves the closure of several facilities and a reduction of the working spaces. The firm will odernet creation in 5 North American offices, in that number in Canada, and will reduce the number of staff by 15%, covering the heads.

GM believes, in fact, that the strategy will undoubtedly help to achieve savings of $ 6 billion in the direction of the proper 2 years, and still save time and effort in their own work at a time when the carmaker meets with huge costs due to fresh tariffs.

As part of its own massive restructuring, GM has decided to shut down once from its own factories in Ontario, Canada, and the firm is said to contain no manufacturing of vehicles assigned to the facility subsequently 2019. Talk, actually that workers left in a signal of disobedience, having heard this news.

In the direction of the last few years, GM has been paying more interest to profitable areas and slowly unloading specific parts of its own business. The resale of Opel and Vauxhall to the PSA Group was part of this strategy.

GM, as they say, conceives configuration in its own line of products, because the preferences of buyers are more shifted towards the jeeps and sedans. The company sees a slowdown in sales, including in large markets such as China, and believes that it is no longer viable to own a huge number of objects that produce cars with low demand.

Some of the colleagues of GM, these as Ford (F), decided to finish the creation of some of their own models, which are no longer for example in demand, as before. GM is still increasing its own investments in independent and electronic transport methods. The company plans to move resources from classic cars to fresh technological developments.

The bulk of the large auto companies have invested in unmanned vehicles, and they are faced with competition not only a friend with another, but also with the main technology companies, such as Alphabet (GOOGL). GM is thinking of investing $1 billion in its own self-driving ship division cruise in a given year.

As of 2:30 PM Eastern time, GM promotions have increased by 5.6%.