General Motors just announced that it was suspending GM production operations in Mexico amid the ongoing novel coronavirus COVID-19 pandemic, providing a schedule for the shutdown. Last week, GM said that would “begin a systematic orderly suspension of manufacturing operations in North America due to market conditions and to deep clean facilities and continue to protect people.”
The new announcement included a timetable for GM production suspension with regard to the automaker’s various facilities located in Mexico.
|Facility||Activity||Suspension Start Date|
|San Luis Potosi Assembly||GMC Terrain, Chevrolet Equinox, Chevrolet Trax assembly||March 20|
|San Luis Potosi Transmission||Transmission assembly||March 30|
|Silao Assembly||Chevrolet Silverado 1500, Chevrolet Cheyenne, GMC Sierra 1500 assembly||March 30|
|Silao Engine||Engine assembly||March 23|
|Silao Transmission||Transmission assembly||March 27|
|Ramos Arizpe Assembly||Chevrolet Blazer, Chevrolet Equinox, Holden Equinox assembly||March 30|
|Ramos Arizpe Powertrain||Powertrain assembly||March 30|
|Toluca Powertrain||V8 engines, inline four-cylinder engines||March 26|
|Toluca Foundry||foundry operations for powertrain assembly||March 26|
The automaker also said that GM production in Mexico will be suspended until “further notice,” and that employees will be informed when operations will resume “in a timely manner,” as translated from a press release issued in Spanish.
GM is advising employees to stay at home to help slow the spread of the COVID-19 virus.
Meanwhile, GM production in the U.S. and Canada has also seen a drawdown in the last few weeks. However, the automaker did recently announce that it was working towards repurposing its production facility in Kokomo, Indiana, to produce new ventilators to treat COVID-19 patients.
Beyond the shutdown for North American GM production facilities, the ongoing novel coronavirus COVID-19 pandemic has also resulted in delays to various GM debuts, including the reveal for the all-new Cadillac Lyriq electric crossover. The Lyriq’s debut is now expected to move to an online format, instead.
GM also said that it was drawing $16 billion in credit in the wake of the COVID-19 pandemic, stating that it was acting to “fortify its balance sheet” and increase its “cash position and preserve financial flexibility in light of current uncertainty in global markets resulting from the COVID-19 pandemic.”