Raw Text: Rick Wagoners Speech From Todays Shareholder Meeting
By staff
Published: June 3, 2008

On the other side of the mix equation, we need to address the rapid industry shift away from trucks and SUVs. Today, we are announcing our plan to, over time, cease production at four GM truck assembly plants:

Our Oshawa, Canada, Truck Assembly facility, where we build the Chevy Silverado and GMC Sierra pickups - with the timing likely to be 2009.

Moraine, Ohio, where we build the Chevy TrailBlazer, GMC Envoy, and Saab 9-7 - at the end of the current model run in 2010, or sooner if market demand dictates.

Janesville, Wisconsin, where we build the Chevy Tahoe and Suburban, GMC Yukon, and Chevy, GMC, and Isuzu medium duty trucks. The medium duty truck line will cease operation by the end of 2009, and the SUV lines will discontinue production in 2010, or sooner if market demand remains weak.

And Toluca, Mexico, where we build Chevrolet Kodiak medium duty trucks -by the end of this year.