General Motors is set to slash 1,900 jobs at its Ramos Arizpe facility in Mexico, citing weakening demand for electric vehicles in the US market. The move is the latest in a series of cost-cutting measures by the automaker as it grapples with the challenges of a rapidly shifting industry. The Ramos Arizpe plant, which produces the Chevrolet Silverado and other models, has been a key site for GM's Mexican operations. With a significant portion of the facility's production destined for the US market, the company is feeling the pinch of declining EV sales and increasing competition from rival manufacturers.
GM Cuts 1,900 Jobs at Ramos Arizpe Amid Weak US EV Demand Mexico Business News