📉GM cutting third shift in Tennessee, investing $294M for Cadillac crossover.
General Motors will lay off the third shift at its plant in Spring Hill, Tenn., to address slowing industry sales and rising inventories.
The automaker declined to provide details about how many workers will be impacted or how long the cut is expected to last. The downtime is scheduled to begin Nov. 27 at Spring Hill Manufacturing, which employs roughly 3,300 hourly workers.