🚨GM and Stellantis: 2 Major OEMs doing similar cost-cutting moves
➡️ Amid cost-cutting measures, Stellantis has decided to sell its Arizona proving grounds. The car manufacturer purchased the site from Ford back in 2007 and moving forward, is expected to use a proving ground owned by Toyota, also located in Arizona.
➡️On October 18, General Motors notified that it has ceased operations at its Cold Weather Development Centre in Kapuskasing, Ontario, and that facility assets and property “will be disposed of.
➡️ I think this is just a start. The next 2 years we are going to see very creative cost-cutting measures from incumbent OEMs.
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