WRCR Market Analyst: GM Closings to Create “Collateral Damage”

Following the stunning announcement that General Motors would close five plants in the Midwest, drop six car models and eliminate around 15,000 jobs, the president yesterday threatened to cut off subsidies for their electric car lines. WRCR’s Market Analyst Ken Mahoney of Mahoney Asset Management says the GM announcement will create collateral damage…

Audio: Ken Mahoney

A CNBC report yesterday suggested Monday’s announced model cuts and plant closings could weaken GM’s position as U.S. car sales leader.

Snow Closings Updated Regularly

Please click on the image below to view all snow closings for Rockland County.