GM, which saw pickup inventories rise 24 percent last month, will take out 10 weeks of truck production as it prepares to introduce a redesigned Chevrolet Silverado and GMC Sierra in the second quarter.
I’m going to let you in on a little secret: The quarterly analyst calls that automakers conduct are like gold mines -- filled with valuable nuggets, but with dangerous pockets of trapped gas threatening at every turn. For the most part, the problem is not the automakers or their executives.
With Toyota back on top as the world's largest automaker, President Akio Toyoda isn't looking to a relative youngster like the Prius hybrid to defend that lead. Instead, he's counting on a middle-aged veteran: the 47-year-old Corolla.