General Motors' first-quarter net income doubled from a year earlier, though operating profit fell 11 per cent primarily due to downtime at the company's full-size SUV plant in Texas. GM reported net income of US$2.15 billion, up from US$1.04 billion in the first quarter of 2018.
GM will continue producing the Cadillac CT6 and Chevrolet Impala large sedans until January 2020 at its Detroit-Hamtramck Assembly plant in Michigan. The company says it won't extend production in Oshawa, Ont., but that the plant will get some additional work due to the extension in Michigan, giving Unifor President Jerry Dias hope.
Following a significant sales decline for the Acadia in 2018, GMC plans to get the large crossover "back on track" with a substantial freshening for the 2020 model year that includes updated styling and new transmission and engine offerings. U.S. sales were down about 20 per cent last year while Canadian sales fell four per cent.