GM sells its former factory in Lordstown to switch to electric carsNovember 8, 2019
General Motors closed the Ohio plant earlier this year as it discontinued the production of the Chevy Cruze amid a shift from traditional sedans to electrified models.
General Motors has confirmed the sale of its plant in Lordstown, Ohio to electric startup Lordstown Motors. The first news of a potential sale appeared in May, just a few months after the closure of the plant. The plant has become the focus of attention in recent contract negotiations with UAW, as the union wanted GM to invest there to save jobs.
The price and other details of the sale of Lordstown Motors were not disclosed.
General Motors announced that it had sold its factory in Lordstown, Ohio, which was opened in 1966 and where Chevrolet Cruze was manufactured, to EV Lordstown Motors startup for an unknown amount. GM production ended at the plant in March and became the central issue of the recent 40-day strike earlier this fall.
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