Why General Motors shifted gears in its manufacturing strategy

The decision earlier this week by General Motors to close five plants in North America, lay off some 14,000 workers, and retire six of its 15 car models is a timely move, and one that will likely benefit the company as it looks to secure its future in the rapidly changing auto sector, experts from Wharton and elsewhere say.

http://knowledge.wharton.upenn.edu/article/general-motors-closings/