As part of a restructuring, General Motors announced at the end of 2018 that it was shutting down operations at several production plants and cutting thousands of jobs. The Lordstown plant, which built the now-defunct Chevrolet Cruze, was one of the hardest-hit locations, as it has been an Ohio staple for decades. Although GM has found new jobs for some of the affected workers, the new positions mostly require major moves to new states or cities.
Moreno, who owns GM, Rolls-Royce, Lotus, and Mercedes-Benz dealerships, had a plan that could have kept all of the Ohio workers in Ohio. He reportedly met with GM in December 2018 and offered to buy the Cruzes throughout the next few years with the condition that the cars were built at Lordstown. The deal potentially could have kept two shifts at the plant going, but GM CEO Mary Barra and her team reportedly did not see it as a viable financial option. Moreno did not comment for either article.
For full details on the deal, Moreno's company, and how it was shut down, read the full reports on The Vindicator and the Detroit Free Press.