In yet another sign that the slowing pickup market is having a major impact on automakers, General Motors on Tuesday confirmed that it will cut the number of trucks it builds at its Pontiac, Michigan, assembly plant. The plant builds heavy-duty GMC Sierra and Chevrolet Silverado pickups.
GM said an unspecified number of workers would be laid off at the plant. The Associated Press reported that the plant's assembly-line speed will be cut from 54.5 vehicles per hour to 45. The GM news comes on the same day that Nissan announced dismal first-quarter results that were attributed in part to a drop in the demand for its light-duty trucks, such as the Nissan Titan.
GM said production cuts were not scheduled for any of its other truck plants in North America and Mexico.
Wednesday, July 25, 2007
General Motors Puts Brakes on Truck Production
Posted by kayonna at 3:02 AM
Labels: Automotive News, General Motors
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