While (the new) General Motors is busy developing and marketing its latest and upcoming vehicles, Motors Liquidation Co., a.k.a. the Old GM, is busy holding a fire sale of all assets in fourteen states. Take the Livonia Engine Plant for example; the plant built the Northstar V8 for Buick and Cadillac vehicles before being closed down in 2007. Just a few weeks ago, an auction was held that sold every piece of equipment used in the plant.
Of course, you’d expect an automotive company to sell this kind of asset. However, this is only the beginning of the auction circuit for Motors Liquidation. The list of assets up for auction includes the usual items like robots, land, equipment as well as oddities such as – get this! – a golf course in New Jersey and even an abandoned church in Indiana. The golf course is somewhat understandable, but the church on the other hand, has the GM Authority staff slightly confused as to its purpose.
So what’s next on the auction schedule? Sadly, the abandoned church isn’t the one. GM’s Pontiac Assembly plant that used to build full-size pickups will be up on the block come November 4.
Source: The Detroit News
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