GM announced today that it will be eliminating overtime at six of its North American SUV and truck plants for the remainder of the year. The reduction in hours is due to slumping demand for the large vehicles amid concerns about high fuel prices and a grim housing market. The cuts are to occur at GM’s plants in Flint; Oshawa, Ont.; Ft. Wayne, Ind.; Janesville, Wis.; Arlington, Texas; and Silao, Mexico.
GM spokesman Tom Wickham said the automaker took the action to manage its inventory levels. Wicham went on to say, “With uncertain fuel prices, and significant competitive pressures in the segment, right now the concern is we want to make sure we manage inventory levels. We don’t want to let them get too high, where we have to put on too many incentives.” According to the Detroit Free Press, GM’s January-July U.S. truck sales are down 9% when compared to the same period last year.
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08/22, 3:07 PM
posted by:
jJayC08
Eh, not looking too good.
I’m usually a Ford guy, and I love my F-150, but the new Chevrolet Silverado is a great vehicle- extremely smooth, comfortable, quiet and well mannered. The Toyota Tundra is hands down, full of it. Great in concept, but it’s too bad the truch doesn’t have the rigidy, the interior qualities, or engineering of the F-150 and Silverado.
08/22, 3:10 PM
posted by:
Commodore
You gotta do what you gotta do.
08/22, 5:21 PM
posted by:
shumpy
the elimination of OVERTIME I would say is not the end of the world. the elimination of SHIFTS would be awful news.
Seems like a prudent move to manage inventories and minimize incentives….. Their incentives are lower than the tundra for example.
08/22, 6:38 PM
posted by:
Rompn4x
Hm overtime is probably $115 an hour or thats what the unions want for it.
08/22, 8:16 PM
posted by:
1c3d0g
This is just regular company operations. Nothing to see here, move along.
08/22, 10:09 PM
posted by:
S-60-driver
BEST NEWS EVER….!!!!! Less trucks on the roads, the BETTER!!!!
08/23, 6:25 AM
posted by:
Get Real
Time to make cars. Good cars that last.
Go ahead, flame me on that last statement GM lovers.
Sometimes reality is hard to swallow.
08/23, 7:34 AM
posted by:
1487_GM_SALES
You’re an ass GetReal. GM makes the best cars in trucks in the world. You have no clue what you are talking about you unAmerican hick. Might be time to move on, this site is not for the GM haters moron.
08/23, 12:10 PM
posted by:
WEKS
Says the infamous GM_SALES who bashes EVERY non-GM brand in this galaxy.
08/23, 2:18 PM
posted by:
jJayC08
No, but in all seriousness, Get Real, GM is making many good cars that will last. Maybe not as long as a 2 million mile Mercedes, but longer than a Toyota Camry or Honda Civic.
What automaker made good cars that looked good, performed well and lasted in the 80’s? Honda and Toyota were on the frontline, but regardless they were still pretty disgusting cars then looking back now.
08/23, 2:36 PM
posted by:
67_L-88
Doesn’t anyone besides me find Gm sales funny. He obivously doesn’t mean what he says, and probably gets a kick out of people getting upset over him.
08/23, 3:49 PM
posted by:
jackjimturkey
getreal: You’re nuts.
iw as wondering where GM sales was — now, where’s burmaneski. He was said to have died, then he said he was back from ukraine, then he vanished again.
jJay: yeah, a 500K Chevy C/K isn’t as durable as a 2M benz, but far better than my 91K civic.
08/24, 6:25 AM
posted by:
Get Real
A mercedes will last 2 million miles with a lot of expensive maintenance. Only a fool would buy a used mercedes with no records.
Unless everyone here is 7 years old and never bought a new 2000 Malibu I can tell you it is a pile of junk.
My friend had to finally unload his Malibu after many parts kept breaking, parts you DON’T expect to break from normal use. Great looking car, but only skin deep.
Plus this was GM 2000, not GM 1978.