Thursday, February 26, 2015

General Motors Cutting Production To Relieve Inventory Glut

2015-buick-verano-model-overview-exterior-938x528-splash-guards_2

Facing growing dealer inventories, General Motors is cutting back production at two of its plants to adjust supply and demand.

Automotive News reports Orion Assembly in Detroit and the Flex line at Oshawa Car Assembly in Oshawa, Canada will be idled in March and April, respectively, each plant to idle for four days. Orion is responsible for the Chevrolet Sonic and Buick Verano, while the Flex line handles the Chevrolet Camaro and Impala, Buick Regal, and Cadillac XTS.

The reduction in production comes amid consumer demand for trucks and crossovers over said vehicles, of which the Sonic and Regal hold the highest inventory levels at 216 and 213 days as of February 1, 2015. The Sonic's inventory level is the highest since the subcompact's August 2011 debut, while the Regal jumped to its level from just 96 days back on January 1.

The post General Motors Cutting Production To Relieve Inventory Glut appeared first on The Truth About Cars.



from The Truth About Cars http://ift.tt/Jh8LjA

IFTTT

Put the internet to work for you.

Delete or edit this Recipe

No comments:

Post a Comment

Archive