World Blog by humble servant. Gm closings.

Nov 26 (Reuters) - General Motors Co : * GENERAL MOTORS ACCELERATES TRANSFORMATION * GENERAL MOTORS CO - TAKING COST ACTIONS AND OPTIMIZING CAPITAL EXPENDITURES TO DRIVE ANNUAL RUN-RATE CASH SAVINGS OF APPROXIMATELY $6 BILLION BY YEAR-END 2020 * GENERAL MOTORS CO - CONTRIBUTING TO CASH SAVINGS OF APPROXIMATELY $6 BILLION ARE COST REDUCTIONS OF $4.5 BILLION * GENERAL MOTORS CO - INTENDS TO PRIORITIZE FUTURE VEHICLE INVESTMENTS IN ITS NEXT-GENERATION BATTERY-ELECTRIC ARCHITECTURES * GENERAL MOTORS CO - CONTRIBUTING TO CASH SAVINGS OF APPROXIMATELY $6 BILLION ARE LOWER CAPITAL EXPENDITURE ANNUAL RUN RATE OF ALMOST $1.5 BILLION * GENERAL MOTORS CO - MANUFACTURING ACTIONS ARE EXPECTED TO SIGNIFICANTLY INCREASE CAPACITY UTILIZATION * GENERAL MOTORS CO - IT IS EXPECTED THAT MORE THAN 75 PERCENT OF GM'S GLOBAL SALES VOLUME WILL COME FROM FIVE VEHICLE ARCHITECTURES BY EARLY NEXT DECADE * GENERAL MOTORS CO - PROPULSION PLANTS THAT WILL BE UNALLOCATED IN 2019 INCLUDE BALTIMORE OPERATIONS IN WHITE MARSH, MARYLAND * GENERAL MOTORS CO - GM EXPECTS TO FUND RESTRUCTURING COSTS THROUGH A NEW CREDIT FACILITY * GENERAL MOTORS CO - PROPULSION PLANTS THAT WILL BE UNALLOCATED IN 2019 INCLUDE WARREN TRANSMISSION OPERATIONS IN WARREN, MICHIGAN * GENERAL MOTORS - ACTIONS BEING TAKEN TO REDUCE SALARIED, SALARIED CONTRACT STAFF BY 15 PERCENT,INCLUDES 25 PERCENT FEWER EXECUTIVES TO STREAMLINE DECISION MAKING * GM - EXPECTS TO RECORD PRE-TAX CHARGES OF $3.0 BILLION TO $3.8 BILLION RELATED TO RESTRUCTURING ACTIONS * GENERAL MOTORS CO - MAJORITY OF THE CHARGES WILL BE INCURRED IN Q4 OF 2018 AND Q1 OF 2019 * GENERAL MOTORS CO - SOME ADDITIONAL COSTS WILL BE INCURRED THROUGH REMAINDER OF 2019 * GENERAL MOTORS CO - GM WILL CEASE OPERATIONS OF TWO ADDITIONAL PLANTS OUTSIDE NORTH AMERICA BY END OF 2019 * GENERAL MOTORS CO - ASSEMBLY PLANTS THAT WILL BE UNALLOCATED IN 2019 INCLUDE LORDSTOWN ASSEMBLY IN WARREN, OHIO * GENERAL MOTORS CO - WILL CEASE OPERATIONS OF TWO ADDITIONAL PLANTS OUTSIDE NORTH AMERICA BY END OF 2019 * GENERAL MOTORS CO - EXPANDING USE OF VIRTUAL TOOLS TO LOWER DEVELOPMENT TIME AND COSTS * GENERAL MOTORS CO - INTEGRATING ITS VEHICLE AND PROPULSION ENGINEERING TEAMS * GENERAL MOTORS CO - COMPRESSING ITS GLOBAL PRODUCT DEVELOPMENT CAMPUSES * GM - EXPECTED PRE-TAX CHARGES RELATED TO ACTIONS, INCLUDES UP TO $1.8 BILLION OF NON-CASH ACCELERATED ASSET WRITE-DOWNS AND PENSION CHARGES * GM - EXPECTED PRE-TAX CHARGES RELATED TO ACTIONS, INCLUDES UP TO $2.0 BILLION OF EMPLOYEE-RELATED AND OTHER CASH-BASED EXPENSES * GENERAL MOTORS CO - RESOURCES ALLOCATED TO ELECTRIC AND AUTONOMOUS VEHICLE PROGRAMS WILL DOUBLE IN NEXT T