GM To Sell Shuttered Ohio Plant To EV Truck Maker

GM To Sell Shuttered Ohio Plant To EV Truck Maker

General Motors plans to sell its idled Lordstown plant in Ohio to Workhorse Group Inc., a little known electric truck and drone maker in the state, according to President Donald Trump.

Trump on Wednesday tweeted that he "just spoke" to GM CEO Mary Barra and "subject to a UAW agreement etc.," the Detroit automaker will sell the plant to "Workhorse, where they plan to build Electric Trucks."

GM confirmed in a later statement it is in "discussions" with Workhorse and an "affiliated, newly formed entity" to sell the plant.


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jtz7jtz7 - 5/8/2019 8:00:03 PM
-5 Boost
If this was a Hyundai people would accuse its greenhouse of ripping the Nissan Titan


MDarringerMDarringer - 5/8/2019 8:30:06 PM
+2 Boost
So a fly by night EV company is going to make an EV pickup in sufficient volume to employ the workers GM displaced? Not likely. This is a massive blunder for Mary Barra. #incompetent


runninglogan1runninglogan1 - 5/8/2019 11:57:58 PM
+1 Boost
Lol. Blunder? How? She's the one selling. Just a way to get Trump off her back for the next two years. Smart.


Vette71Vette71 - 5/9/2019 8:14:15 AM
+1 Boost
In its heyday Lordstown was turning out 100 Chevy Vegas per hour. It's huge, and highly automated. Being sold to a tiny would be electric truck manufacturer? Makes no sense.


MDarringerMDarringer - 5/9/2019 8:16:40 AM
+3 Boost
Blunder. She killed the jobs of all the workers at Lordstown because she failed to lead GM to product that would sustain the the factory. Instead of committing production of the Blazer there which could have sustained it, she said Ctrl + Alt + FU to the workers. Now she sells the plant--likely for pennies--to a fly by night company with no experience that has ZERO chance of restoring the jobs. Do we have any guarantee that they will restore ANY of the jobs? She is also saying FU to Americans because if GM happens to develop something that people want--hey it could happen theoretically--where will they build it? Not in Lordstown. The bitch need to be flogged in public for her hateful disregard for working-class Americans. If anything Trump should be putting pressure on her to RESIGN. She is by far the most incompetent head GM has ever had and that's saying something.


runninglogan1runninglogan1 - 5/8/2019 11:59:31 PM
+2 Boost
These trucks look like props from a low budget sci-fi movie.


mre30mre30 - 5/9/2019 9:05:46 AM
+1 Boost
Its sad that Mary Barra has so fumbled GM's strategy and so ineptly led GM backward.

That being said, if the plant truly has no use (it might), from a commercial real estate standpoint, special-purpose real estate (like automotive production facilities) have ZERO value unless another auto manufacturer buys them, so from a real estate management standpoint this may have been a smart move.

Case in point - The NUUMI plant (Toyota and GM) in Fremont, CA that Tesla uses (owns?) was basically vacant until Tesla was invented. If Tesla goes out of business, that plant will again become vacant because no one in their right mind would ever produce vehicles in volume in California. At some point, the plant will become unionized as is the case in CA.


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