Businessman Wanted To Buy Thousands Of Cruzes To Keep Lordstown Plant Open

A Cleveland businessman is thought to have offered General Motors an intriguing deal in a bid to convince the company to keep its Lordstown plant operational.

An article from The Vindicator claims that businessman Bernie Moreno offered to buy thousands of Chevrolet Cruzes a year for five years from Chevrolet. His primary stipulation was that the vehicles would be built at the Lordstown plant, giving the assembly complex enough work to support two shifts over five years.

Moreno intended on using all those Cruzes to launch a car hire service similar to Uber and Lyft.

It is claimed that General Motors was presented with the proposal on March 6, the same day that the final Cruze rolled out of the factory, bringing to an end work for 1,500 employees.

President of UAW Local 1112, Dave Green, has confirmed that he met with Moreno to discuss the possibility of keeping the Lordstown factory operational. Asked by The Vindicator to detail his proposal, Moreno claimed that he had signed a non-disclosure agreement and couldn’t say anything.

When contacted abut Moreno’s alleged proposal, GM didn’t deny that a potential deal was on the table, but said the segment occupied by the Cruze isn’t viable in the long term.

“GM leadership took into consideration a variety of market factors when we made the product and manufacturing-related decisions announced last November 26th,” GM corporate spokesman Daniel Flores said. “The decision to discontinue the Cruze was made in response to market-related declines in customer demand for passenger cars. We don’t believe this segment is viable for us.”

“These were very difficult decisions because we know they impact people, families and communities. We’ve been successful with offering job opportunities for Lordstown employees at other U.S. plants that build products in growing market segments,” Flores confirmed.

more photos...
  • Six_Tymes

    Lay off Mary Barra, she is useless

    • Liam Paul

      well one thing is for sure, GM can bet they will never get Help from the Tax payers again!

    • Galaxium

      Maybe the Cruze itself isn’t considered by consumers by that much, and there isn’t enough demand to continue a pricy and expensive upkeep of a factory that isn’t needed.

  • Bash

    At this time, I’m not sure if he is really a good person as initially thought or just looking for public or media attention. But I hope more people like him come to the surface.

  • Alduin

    And thats how the cookie crumbles. These Cruzes are headed to your local Hertz/Budget rental car lots.

  • Stephen G

    OMG, are you eluding that GM’s plan is to only build cars that people want so they can make money? Holy crap!

    • Liam Paul

      I said not enough but do they need to make such a huge profit, I think GM owes us americans a favor since we bailed them out.

      • Loquacious Borborygmus

        Haha! Welcome to the world of big corporations.

  • HaltestelleLuitpolthafen

    I feel really bad for the employees at the plant that are losing their jobs, but also the hundreds of suppliers that will be affecting. There will be a ripple effect of layoffs…

    Sad.

Copycats No More: Italian Court Recognizes Ferrari 250 GTO As A ‘Work Of Art’

As the 250 GTO is considered a work of art, it cannot be imitated or reproduced by anyone.

BMW Exec Says Diesel Engines Will Endure At Least Another 20 Years

The BMW chief technical officer also expects gasoline engines to survive some 30 years.

237 HP Skoda Kodiaq vRS Becomes UK Police’s Latest Pursuit Vehicle

The police version of the Kodiaq vRS features no mechanical upgrades compared to the standard vehicle.

Nissan Faces $40 Million Fine For Under-Reporting Ghosn’s Compensation

Japan’s Securities and Exchange Commission claims that this has had a big impact on investors’ decisions.

Mercedes-Benz Concludes First Tests Of Silver Arrow 01 Formula E Racer

Like Porsche, Mercedes will compete in the all-electric open-wheel series for the first time.

Out Of Control RV Goes Flying Into Departing Ferry, Driver Gets Killed

The driver is being praised a hero for honking his horn to alert people to get out of the way.

Guy Martin Drives A 1,000 HP Tractor To Record-Setting 103.6 MPH

The record for the fastest tractor was once held by Top Gear’s The Stig, but now it’s been blown out of the water .

2020 Genesis G80 Now Available In Australia With 311 HP V6, Two Trim Levels

Genesis’ luxury sedan has a comprehensive list of standard equipment and is priced from $69k AUE.

Hyundai Said To Be Planning Electric Compact SUV, Could Launch In 2021

The rumored EV will sit on a dedicated platform and slot above the Kona Electric in Hyundai’s range.

New BMW Z4 M40i Unleashes Its True Potential Courtesy Of G-Power

The German roadster now packs a mighty 493 hp and 516 lb-ft of torque.