Managing Automotive

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Managing Automotive

GM to trim inventory with 10 weeks of combined downtime

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GM to trim inventory with 10 weeks of combined downtime

General Motors Co. will shutter some U.S. plants for a combined total of 10 weeks of production time in the second half of the year, a move that will help balance swelling inventory levels.   GM’s inventory levels have ballooned to 926,170 vehicles or 98 days’ supply at the end of March, up from 900,681 or 91 days’ supply at the end of February.  “Our inventory’s high because we’re going to take 10 weeks out in the back end of the year as we’re modifying our plants particularly in pickup trucks,” GM North America President Alan Batey said at the reveal of the 2018 Buick Enclave in conjunction with the New York Auto Show. “To be able to cadence that, we have needed to build inventory up a little bit right now because in the back end of the year we’re going to lose 10 weeks of production.”

[Detroit News]

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