The General’s full-sized truck inventory has reached 275,000, enough to supply the market for 111 days. Couple the surplus with gas prices that are starving families, and the idea of slowing down the production rate of the company’s full sized truck line might not seem like such a bad idea.
“We’re going to do something about it, but we haven’t made those calls yet,” said GM North American president Mark Reuss during a phone interview with Automotive News.
To note, YTD deliveries of the General’s trucks exceed what was observed this time last year, despite outrageous fuel costs. So while it isn’t a bad plan thin out the overstock of trucks, we may not see a significant drop in demand at all by the end of the year.
Source: Automotive News