General Motors Trading Volume Plummets 38.78 Percent to 202nd Position as Stock Price Drops for Second Day

On April 11, 2025, General Motors (GM) experienced a significant decline in trading volume, with a total of 4.67 billion shares traded, marking a 38.78% decrease from the previous day. This drop placed GM at the 202nd position in terms of trading volume for the day. Additionally, GM's stock price fell by 0.23%, marking the second consecutive day of decline, with a total decrease of 4.61% over the past two days.

General Motors has announced that it will reduce the production of its all-electric delivery vans at a plant in Canada. The facility will be idled for much of 2025 due to market demand and high inventory levels of the BrightDrop vehicle. This decision will result in the temporary layoff of nearly 500 workers, with production resuming in October 2025 on a single shift basis.

The automaker emphasized that this move is not related to the ongoing Canada-U.S. trade war but is a response to current market conditions. The temporary layoffs are expected to affect hundreds of jobs, with workers returning in May for limited production before the plant ceases operations until October.

This decision by General Motors comes amid a broader trend of job cuts and production adjustments in the automotive industry, as companies navigate challenging economic conditions and shifting market demands. The reduction in production and workforce at the Ingersoll plant is a strategic response to the current market environment, aiming to align supply with demand and manage inventory levels effectively.