As the market continues to make a major shift from passenger cars and sedans to crossovers and utility vehicles, General Motors’ inventory has seen a sharp increase. At the end of November, GM had a 105-day supply of cars, up from 79-day supply in October.
To counter the inventory surge, GM has confirmed it will idle down five U.S. plants in an effort to curb and adjust inventory levels, first reported by The Detroit News. The five plants that will go offline include Lansing Grand River, Lordstown, Bowling Green, Detroit-Hamtramck and Fairfax.
The Lansing Grand River currently assembles the sixth-generation Chevrolet Camaro, Cadillac ATS and CTS; Lordstown, Ohio is responsible for building the 2016 Chevrolet Cruze; Fairfax, Kansas assembles the 2017 Chevrolet Malibu; Bowling Green is home to the C7 Corvette and its variants and Detroit-Hamtramck builds the 2017 Buick LaCrosse and 2017 Cadillac CT6 among other vehicles.
At the end of November, GM also had more than 874,000 vehicles in its inventory, the most in eight years.
GM will idle each plant for two weeks during the month of January as it targets a 70-day supply. An ideal number across the industry is 60 days.