General Motors will permanently cease production of the Cadillac XT4 at Fairfax Assembly Plant. Together with the end of Chevrolet Malibu production at Fairfax and a planned shutdown to retool for manufacturing of the Bolt EV, it will mean a lot of layoffs.
Every time Overland Park-based Mariner raises capital, it soon goes on a mergers-and-acquisitions spree, and the company just sold a minority stake to Neuberger Berman.