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.
|State||Plant||Products Produced||Suspension Start Date|
|San Luis Potosi||Assembly||GMC Terrain, Chevrolet Equinox||March 20|
|San Luis Potosi||Transmission||GMC Terrain, Chevrolet Equinox||March 30|
|Silao||Assembly||Chevrolet Silverado, Chevrolet Cheyenne, GMC Sierra||March 30|
|Silao||Engines and transmissions (6- and 8-speeds)||Chevrolet Silverado, Chevrolet Cheyenne, GMC Sierra||March 23|
|Silao||Transmissions (10-speeds)||Chevrolet Silverado, Chevrolet Cheyenne, GMC Sierra||March 27|
|Ramos Arizpe||Assembly||Chevrolet Sonic, Chevrolet Blazer||March 30|
|Ramos Arizpe||Engines and transnmissions||Chevrolet Sonic, Chevrolet Blazer||March 30|
|Toluca||Engines||V8 engines, inline four-cylinder engines||March 26|
|Toluca||Foundry||V8 engines, inline four-cylinder engines||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.”