General Motors Corporation announced recently that it is scheduling multiple down weeks at 13 assembly operations in North America. Under this plan, approximately 190,000 vehicles will be removed from GM’s North American production in the second and early third quarter of this year.
There are three primary reasons for this scheduled downtime:
- Dealer vehicle inventories are at high levels, given the current depressed market.
- The shutdown will allow GM the opportunity to bring production in line with current market demand.
- The downtime actions also consider the possible production implications of the complicated and difficult negotiations with Delphi and its debtor in possession lenders.