New York’s transportation authority says the company won’t be awarded a $3.2 billion subway car contract because of past delays.
Closure affects 273 jobs.
High-end brand will also become it’s own operating unit, giving it more freedom to chase global growth, GM says.
Production of the 40-foot Xcelsior clean diesel buses is expected to begin in the third quarter of 2014.
Buses will be manufactured by New Flyer of America at St. Cloud, Minn. plant.
Japanese automaker supplying electric cabs to Manhattan’s streets for testing.