Detroit automakers idle U.S. plants to combat coronavirus outbreak
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DETROIT (Reuters) - The Detroit Three automakers will shut down their U.S. plants to stop the spread of coronavirus, bowing to pressure from the union representing about 150,000 hourly workers at those facilities, industry officials said.Ford Motor Co , General Motors Co and Fiat Chrysler Automobiles NV confirmed the decisions to shut U.S. plants, as well as factories in Canada and Mexico. The Detroit automakers' shares took a beating on Wednesday, with GM closing 17.3% lower, Ford off 10.2%..