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Thursday, September 29, 2011

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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