Inventory

GM plans 10 weeks of downtime at pickup plants

12:34 am U.S. ET | Feb. 2, 2013
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.... Read More »

 

GM cuts Sonic, Verano output to trim stockpiles

1:50 pm U.S. ET | Dec. 19, 2012
GM has temporarily idled the Michigan plant that makes the Chevrolet Sonic and Buick Verano, one of several factories where shifts have been canceled as the company works to reduce high inventories. Production was halted this week at GM's Lake Orion assembly plant in suburban Detroit to adjust inventory, two people with knowledge of the schedule said. The plant's roughly 1,800 workers are expected to return Jan. 2, after a scheduled holiday break next week, the sources said.... Read More »

 

JAMIE LaREAU

East Coast dealer to captives: Step up after Sandy

12:01 am U.S. ET | Oct. 31, 2012
In the aftermath of Hurricane Sandy, an East Coast dealer wants captive finance companies to get creative to help affected dealers sell cars. Dealer Bruce Bendell would like manufacturers to create finance incentive programs for folks impacted by Sandy. He likens it to when General Motors launched its “Keep America Rolling” incentive plan after 9/11.... Read More »

 

JAMIE LaREAU

A storm, an election and Europe all might impact inventory

5:06 pm U.S. ET | Oct. 30, 2012
Peculiar times are making some otherwise-confident dealers uncertain about the future -- specifically, the impact of various world events on their future days supply of inventory.... Read More »