Re: GM's about gone...what about Mercruiser???
GM is not going anywhere. They are restructuring under bankrupcty protection. They're come out a smaller company that's all. Won't effect Mercruiser or Volvo in the least.
There lies my concern...GM is being 'forced' to drop their smaller volume products, and their EPA unfriendly products. Marine engines fit both of these thresholds.
From The Stillwater Press (home of Mercruiser), dated April 08, 2009:
"Stillwater?s Mercury MerCruiser plant has laid off about 135 workers this week, the company confirmed.
Affected are about 120 production employees and 15 salary employees, said Human Resources Director Jamie Payne. The workforce drops to around 400.
The positions were eliminated because of a ?continued weak demand throughout the global and North American recreational-boating industries,? Payne said.
MerCruiser manufactures sterndrive engines."
This appears to be the fourth series of layoffs, since last August.
The 3.0L engine doesn't seem to have much of an application...outside of the boating world. As the demand for boats drops, GM has to rethink the need to make this engine....
And don't forget the power that the environmentalists wield in Washington....
