Local news media reported that struggling US automotive giant General Motors will temporarily close three of its Mexican plants in May and June.

Mr Mauricio Kuri GM's public relations chief in Mexico told the daily Reforma that the move is due to GM's excessive inventory and not a preparation for possible bankruptcy.

The paper said that GM closed the same plants for several weeks in December, January and February.

The paper further said that the Silao complex will be closed from May 25 to June 10, the Ramos Arizpe plant will close May 18-22 and the San Luis Potosi plant will shutter June 1-12.

Mr Kuri said that the workers will use vacation days for the time the plants are closed and if they run out of them, they will be paid 55% of their regular pay.

The temporary closure affects 7,900 of GM's 13,000 employees in Mexico.

(Sourced from AFP)