Common Motors goes to idle manufacturing at its Fort Wayne Meeting truck plant in Indiana for 2 weeks in March.

The automobile producer not too long ago knowledgeable workers on the manufacturing unit that the pickup plant will likely be idled for 2 weeks beginning March 27 in a transfer to handle stock ranges. The Chevrolet Silverado and GMC Sierra are presently manufactured on the manufacturing unit.

“Our manufacturing is up over the previous month whereas demand stays pretty constant, resulting in a rise in stock,” GM spokesman Dan Flores advised Auto Information. “Subsequently, as we said on our earnings name, we’re going to proactively handle stock ranges, together with plant downtime. The plant continuously evaluations and adjusts manufacturing schedules in line with prospects’ wants. All actions taken are in accordance with provisions of the UAW-GM Nationwide Bargaining Settlement and the native settlement.”

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Whereas not too long ago talking on the corporate’s fourth-quarter 2022 earnings name, Common Motors chief monetary officer Paul Jacobson stated that the automaker is aiming to have a 50 to 60-day provide of dealership stock on the finish of 2023.

“Inside this portfolio goal, vehicles are anticipated to run at larger ranges, reflecting higher customer-driven variation necessities, and sedans and SUVs are anticipated to run at this vary or decrease,” Jacobson stated. “All year long, gross sales seasonality, manufacturing schedules and timing of fleet deliveries might take us out of this vary on occasion, however that’s the focused vary at which we’ll handle.”

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The Fort Wayne Meeting Plant is presently the one manufacturing unit impacted by this announcement.

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