General Motors to cut nearly 300 jobs following decreased demand for cars

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WARREN, Mich. -- Big lay-offs are coming to General Motors.

The automaker plans to cut nearly 300 jobs at its Warren, Michigan transmission plant. That's about half of the workers there.

GM says the move is in response to reductions in passenger car production.

Most auto manufacturers are seeing the demand for cars slip and consumer demand increasing for trucks and SUVs.