GM Decides to Close Plants for January.

I think they are trying to conserve every penny of capital in order to stay alive.

The move affects most of GM's plants in the U.S., Canada and Mexico. During the shutdowns, employees will be temporarily laid off and receive a portion of their normal pay from the company. They can also apply for state unemployment benefits, Lee said.

My bet is that some of those factories might end up being shut down permanently depending on what type of car they make. That means Saturn, Pontiac or any other redundant brands. They need to go lean and do it fast or they will blow through that, now White House (the Senate of course failed to lead on this matter,) bailout money.