Friday, August 19, 2011

GM Reduces Truck Production Due to Unusually High Inventories

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 has cancelled Saturday shifts at its plant. A person familiar with the plan told Autonews that Saturday shifts had been cut in half since the beginning of 2011

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