Inventories are growing and GM and Ford are working to get them under control. Ford has been closing plants for
weeks to bring down the inventories of the Focus and Ranger. GM announced that they would shut truck factories down for
a few weeks in 2005 to get a handle of the overflowing SUV inventory. As the
story states, the Suburban and old versions of the
Venture/Montana minivans have almost a four month supply sitting. Overcapacity and old product are contributing to this
situation.
As inventories grow, incentives are not far behind
Inventories are growing and GM and Ford are working to get them under control. Ford has been closing plants for weeks to bring down the inventories of the Focus and Ranger. GM announced that they would shut truck factories down for a few weeks in 2005 to get a handle of the overflowing SUV inventory. As the story states, the Suburban and old versions of the Venture/Montana minivans have almost a four month supply sitting. Overcapacity and old product are contributing to this situation.
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