FILE PHOTO: A logo of General Motors is pictured at its plant in Silao, in Guanajuato state, Mexico, Nov. 9, 2017. REUTERS/Edgard Garrido/File Photo
(Reuters) – General Motors Co (GM.N) plans to announce as early as Monday it will significantly cut car production in North America and stop building some low-selling car models, a source briefed on the matter said.
The decision comes as the largest U.S. automaker is poised announced it will idle an assembly plant in Canada. GM plans to announce a broader restructuring of its efforts as it shifts more of its focus toward electrified and autonomous vehicles, the source said.
Reporting by David Shepardson; Editing by Nick Zieminski