The Challenges GM Is Facing, and the Reasoning Behind Its Plant Closures
Harvard Business Review
NOVEMBER 30, 2018
For example, the Lordstown, Ohio, factory that makes the Chevy Cruze is running one shift a day, down from three a few years ago, and last year produced 180,000 vehicles, down from 248,000 in 2013. Capital-intensive factories have a high-fixed-cost, low-variable-cost operating model. That is what GM is trying to do.
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