At the end of July, General Motors recorded a 115-day supply of Chevrolet Silverado and GMC Sierra pickups. That three-digit number seems to have analysts wagging their fingers at the company, recommending that it maintains a more down-to-earth 80 day supply.
According to the Detroit Free Press, GM plans to eventually taper off its truck supply to around 90 days or so by year’s end, forecasting increased truck sales in the autumn and winter to help meet that number. But that’s not to say the trucks aren’t currently moving off dealer lots, as the Silverado was once again the best selling vehicle for General Motors for the month of July 2011, with a 7.2 percent increase in sales year-over-year.
The Freep also notes that GM plans on shutting down its full-sized truck assembly plants next year for several weeks to prepare them for the next generation models, during which the company can continue to sell its overstock of trucks to dealers.
Source: The Detroit Free Press