Photo: GM
General Motors has recently announced that it will once again halt production temporarily at its Fort Wayne plant in Indiana, which makes heavy trucks like the Chevrolet Silverado.
The plant will be idled for a week starting November 7th. According to Automotive News, the move is meant as a way to reduce inventory.
Despite the US pickup market having grown by 9 percent to 1.1 million vehicles from January’s level, GM has overestimated demand for its products. Thus, it’s sitting on a 122-day inventory.
Despite this, sales of the Siverado have increased by 7 percent this year, with the GMC Sierra showing sales 18 percent higher than in 2010.
"We make adjustments at our plants based on demand, whether it means adding overtime or in this case taking a down week," GM spokesman Chris Lee said.
Despite the US pickup market having grown by 9 percent to 1.1 million vehicles from January’s level, GM has overestimated demand for its products. Thus, it’s sitting on a 122-day inventory.
Despite this, sales of the Siverado have increased by 7 percent this year, with the GMC Sierra showing sales 18 percent higher than in 2010.
"We make adjustments at our plants based on demand, whether it means adding overtime or in this case taking a down week," GM spokesman Chris Lee said.
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