General Motors plans to temporarily shut down Detroit factory over slow demand, says report

Key Points
  • GM will temporarily idle the Detroit-Hamtramck plant starting mid-November, says The Wall Street Journal.
  • Production will be cut by 20 percent when the plant reopens, the paper said.
  • The plant makes four models: the Chevrolet Volt, Cadillac CT-6, Buick LaCrosse and the Chevrolet Impala.
General Motors plans to temporarily shut down Detroit factory

General Motors will close a Detroit factory for six weeks starting in mid-November due to weak sales, The Wall Street Journal reported Thursday, citing unnamed sources.

The move will affect 1,500 workers who work on four models that are in low demand among consumers: the Buick LaCrosse, the Cadillac CT6, the Chevrolet Volt and the Chevrolet Impala, the paper said.

"As a result of declining overall industry volumes, the Detroit-Hamtramck plant will be making schedule adjustments to keep supply and demand in balance," said a GM spokesman in a statement sent to CNBC. "Effective October 20, the plant will operate under a reduced production schedule. This action will help maintain more stable production."

The Detroit-Hamtramck plant will likely produce 20 percent fewer vehicles once production resumes in 2018, the Journal said.

GM declined to comment to the Journal and was not immediately available for comment to CNBC.

Read the full story at the Wall Street Journal.

Correction: The Wall Street Journal on Thursday reported GM's plan to temporarily close a Detroit plant. An earlier version misstated the day.