Since the beginning of the 2023 calendar year, vehicle inventory levels have been steadily rising across the United States as the effects of supply chain-related constraints are addressed. However, with the current UAW union’s widespread strikes on the Big Three, brands like Chevy could see a notable drop in its days supply figures as the ‘Stand Up’ strikes continues.
As of September 2023, Chevy was running at a 57 days supply. For comparisons sake, a 60 days supply is considered optimal across the automotive industry. However, this strong inventory level may not last forever.
As of the time of this writing, there are no outwardly signs that the UAW strikes are currently taking place, as Cox Automotive noted that the impacts have thus far been quite muted. Nonetheless, the UAW expanded strikes against General Motors and Ford in late September 2023, so a ripple effect might be noticeable sometime in October 2023.
It’s worth noting that there are currently several strikes at GM plants that produce Bow Tie vehicles, including the Colorado and Express, along with the Traverse.
Moving forward, it’s uncertain exactly how the strikes will play out. As the Big Three continue to bargain with the UAW, the union may decide to lessen its strikes if it receives what it perceives as good progress in negotiations, similar to how Stellantis was spared from the recent strike expansions. Notably, the UAW has yet to target full-size truck and SUV production, the automakers’ most profitable vehicles.
In regard to Chevy specifically, both the GM Wentzville plant in Missouri and the GM Lansing Delta Township plant in Michigan are experiencing a strike. From there, the union may decide to target the GM Arlington plant in Texas, which produces vehicles like the Chevy Silverado, in order to attempt to corner General Motors into a deal.
Subscribe to GM Authority for more Chevy news, GM business news, GM-related UAW news, GM-related production news, and around-the-clock GM news coverage.
Comments
once the automakers’ most profitable vehicles get hit, than watch GM’s ears perk up and start to listen.
Bad timing for a strike. My dodge buddy said his sales are 1/2 of last year. Party’s over.
Why are customers still waiting for 2023 Blazer RS ? Ordered in early March still waiting, it’s now October 9. Soon to be a former Chevy customer.
Build out on the 2023 model Blazers was 7/17. They shifted to 2024’s in August. The problem with that situation
is what words your salesperson uses when taking your “order”. Unless a dealer has allocation for a Blazer and also gets to order the constrained RS model he will have to sit on it and wait until GM lets him order it. Right now the constraint on the RS model is a 10% of production, if you want a sunroof on that then that is 60% of that 10%.
The lots around here don’t have much inventory.
You obviously don’t know what your talking about because Arlington doesn’t make the silverado
57 day supply? Empty lots? This does not make sense.
Gm Arlington assembly produces the highly profitable trucks, such as Cadillac Escalade, Tahoe, Yukon denali and Suburban. Would be a huge hit to Gm pocket book if they strike their plant.