GM's Doraville plant likely to be shut down

[Thom Little]

General Motors Corp, Chief Executive Rick Wagoner will announce plans this week to close four U.S. assembly plants, the Automotive News industry paper reported on Monday, citing a "company insider."

It said the move was part of an effort by the world's biggest carmaker to quiet Wall Street speculation about a possible bankruptcy.

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Wagoner has said he plans to cut manufacturing capacity to match demand by 2008. Some experts believe The Lansing Craft Center, where GM builds the Chevrolet SSR, will likely be shut down because the convertible sport pickup has not sold very well and GM has idled the plant for several months in 2005.

Two other plants likely to be shut down are the Doraville, Georgia, plant, which builds GM's minivans, and an SUV plant in Janesville, Wisconsin, analysts said.

The new plant closures will add to three assembly plants that GM has already closed or stopped production at this year -- a car plant in Lansing, Michigan, an SUV plant in Linden, New Jersey, and a van plant in Baltimore.



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