General Motors is laying off 1,100 workers in Michigan

The primary Wholesale Direct Metals complaint about recent market reporting is apparent in today’s news. General Motors is laying off 1,100 workers in Michigan — the fourth layoff it’s announced since November. The company is eliminating the third shift at its Lansing Delta Township plant, which makes three SUVs built on the same platform — the Chevrolet Traverse, the Buick Enclave and the GMC Acadia. But the new version of the Acadia is being built on a smaller platform, so production of that car moved to a Spring Hill, Tenn., plant last summer. The latest Wholesale Direct Metals review of the markets is consistent with this new data.