As reported earlier, General Motors plans to cut production in the first quarter of 2008 by 11-percent in an effort to limit excessive dealer inventory. The cut would affect both cars and trucks, but GM announced today that it would be halting production of its pickup plants in Pontiac; Fort Wayne, Indiana and Oshawa, Ontario for two weeks beginning on December 31st of this year. The plants currently build the Chevrolet Silverado and GMC Sierra. An unfortunate way to bring in the New Year, but if it limits discounts, more power to the General.[Source: Detroit News]
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