General Motors said on Friday that it is cutting production of its BrightDrop electric delivery vans at its CAMI assembly plant in Ontario, Canada, due to "market demand and re-balancing inventory."
The carmaker will first reduce the plant from to two one shifts, which will result in the elimination of 500 jobs, and will then suspend operations at the facility for 20 weeks, starting in May. Battery packs assembly will be suspended for two weeks in April. "Production of BrightDrop and EV battery assembly will remain at CAMI," GM stressed in a statement to CNBC.
The automaker insisted that the measures have nothing to do with United States President Donald Trump's tariffs.