Embattled US manufacturer General Motors is expected to announce the temporary closure of a number of its North American plants tomorrow, a measure which will enable the automaker to cut costs and focus on clearing its ever-growing inventory of unsold vehicles.

The number and location of the plants to be closed has yet to be announced, [...]

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If the news blazing around the online world today is to be believed, Crane Cams – renowned makers of valvetrain components and a 56-year-old business  - has closed up shop and laid off all of its workers.

According to the Florida News Journal, Workers at Crane Cams had apparently been advised that lay-offs were on the [...]

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