Cars
GM Idles Pickup Production Once Again to Reduce Inventory
General Motors announced that it will temporarily halt production at its Fort Wayne plant in Indiana for the week starting November 7, in order to reduce its inventory of pickup trucks models. This is not the first time that GM has stopped production at the plant where the Chevrolet Silverado and GMC Sierra are manufactured. Even though pickup sales in the US have increased from January until August by 9% to 1.1 million units, compared to the same period last year, GM seems to have badly misjudged demand for its models, resulting in an inventory of 122-days.
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Gm To Halt Chevy Volt Production For Five Weeks Because Of Low Sales
Dismal sale numbers and a rising inventory which at the end of February, stood at 6,300 vehicles, enough to cover 154 days at the current rate it sells cars, are to blame for General Motors decision to stop production for both the Chevy Volt and its...
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Gm Invests Us$275 Million In Ft. Wayne Plant To Build New Chevy And Gmc Full-size Pickup Trucks
General Motors announced on Wednesday that it plans to invest approximately US$275 million at its Fort Wayne assembly plant in Indiana to build the next generation of GMC and Chevrolet full size pickup trucks. The latest investment is part of a US$2...
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Gm Reduces Truck Production Due To Unusually High Inventories
General Motors is cutting back on production at its Ford Wayne, Indiana plant that builds the GMC Sierra and Chevrolet Silverado pickup trucks, due to reduced demand and high inventories. According to the UAQ Local 2209 site, the Detroit automaker...
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Gm Shutting Down 13 Plants For Multiple Weeks
In the midst of tumbling U.S. car sales and a constantly growing inventory of vehicles, GM seems to have no choice other than to significantly cut output by shutting down 13 of its North American assembly plants for multiple weeks from May through to...
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Mazda To Resume Full Production At Japanese Plants
At a time when most automakers are proceeding to new production cuts, Mazda came out today with some good news as the company announced that it will resume full production at two of its Japanese plants in April. In particular, the firm's Hofu Plant...
Cars