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Home » News » Business

Tuesday, June 2, 2009

Auto closures threaten Del.'s economy

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By William Ehart

The auto industry has dealt tiny Delaware a big blow.

Next month, the first state will watch its last auto plant shut down.

General Motors said Monday that Wilmington's Boxwood Road assembly plant, which makes the Pontiac Solstice, Saturn Sky and Opel Roadster sports cars, will close at the end of July.

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Experts expect long road to profitability for GM: • B: GM

The mood at GM plants: • B:MOOD

Chrysler's sale to Fiat: • B:CHRYSLER

GOP sees GM takeover as political opportunity: • P:GOP

China is seen as a weaker automotive player: • F:CHINA

Once-mighty GM, which filed for bankruptcy protection Monday, also said it would close eight other U.S. plants and idle three others to slash production and cut labor costs. The GM powertrain plant in Spotsylvania County, Va., will close at the end of next year, and a portion of its production will move to GM's Powertrain Baltimore Transmission plant in White Marsh, Md.

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