American Axle Strike Idles Three More GM Plants
February 29th, 2008 3:28 PM
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Three GM truck plants will shut down around midnight tonight because of the strike at American Axle. Automotive News [AN; sub] reports about 9,500 workers at the Fort Wayne, Flint and Oshawa plants will be idled, in addition to the 2,500 workers who went home from the Pontiac assembly plant earlier this week. GM wouldn't comment on whether or when the pickup plant in Silao, Mexico would shut down. They project the plant at Arlington, Texas will continue production until mid-March. Arlington builds Suburbans, Tahoes, Yukons and Escalades; the other plants build Silverados and Sierras. With inventories well in excess of a 100-day supply for all these models, GM isn't sweating it. Yet.
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GM needs to solve this problem sooner rather than later.
Me thinks GM has enuough trucks to go around for quite awhile. Great caption on the photo!
Sounds like this strike may be a blessing in disguise. Meaning it should help GM pare down it's bloated inventory of trucks it can't seem to sell no matter how good the product is. GM is like Ford and Chrysler, still building WAY too many vehicles for what share of the market they still have and their market share keeps shrinking. Maybe GM should kill a brand or two?? My three choices for elimination are: Saturn for sure, and keep either Buick or Pontiac but kill one of the two.