General Motors’ Corvette plant in Bowling Green has become one of the latest casualties of the nation’s ailing economy with the company’s announcement that it will slow production and lay off 70 of its 800 employees. In the past, Corvette sales haven’t typically suffered at the hands of the economy. This year, however, appears to be a different story due to the combination of high gas prices and a dicey credit market. In response, GM is slowing production from 18.5 vehicles per hour to 15.
-
Share This!
Bowling Green
October 1, 2008
335 Views
You may also like
Popular Stories
UPS expects cash flow of $17-18B in 2026
March 27, 2024
UK patient finds relief after 25 years of shoulder pain
March 26, 2024
S&P Global Market Intelligence recognize Republic Bank
March 27, 2024
NKU public lecture series explores where AI is taking us
March 27, 2024
The Lane Report
- Good Central Ky housing news as inventory grows
- Asbury course offers financial literacy for high schoolers
- Innovator forum seeks to develop energy solutions for Appalachia
- OP-ED: Confronting Ky food insecurity together
- Michter’s Is Releasing Its 10 Year Bourbon
- Norton Healthcare, Norton Children’s launch $200M campaign
- S&P Global Market Intelligence recognize Republic Bank
- UPS expects cash flow of $17-18B in 2026
- NKU public lecture series explores where AI is taking us
- UofL reopens graduate certificate program in logistics planning
Add Comment