|
|
Article: ECONOMY WATCH.(BUSINESS)
- Article from:
- The Wisconsin State Journal (Madison, WI)
- Article date:
- June 9, 2009
- Author:
CopyrightCOPYRIGHT 2009 Capital Newspapers. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: State Journal staff, The Capital Times, wire services
TRUCK LINE TO END: After unsuccessfully trying to find a buyer for four years, General Motors Corp. is giving up on its medium-duty truck business, saying that it will wind down manufacturing by the end of July. That means GM will stop making the GMC Topkick and Chevrolet Kodiak commercial trucks at its Flint, Mich., assembly plant by July 31. The plant employs 2,100 people but also makes Chevrolet Silverado and GMC Sierra pickups.
BANK STRESS TESTS: The Federal Reserve said Monday that plans submitted by 10 banks to bolster their capital cushions are enough to help them survive a deeper ...