Editor/Reporter - CheersandGears.com
March 2, 2012
General Motors is putting their Detroit-Hamtramck assembly on a five-week shutdown due to the overabundance of Volts sitting on dealer lots. The shutdown will effect 1,300 workers.
Currently, GM is on 6,319 Volts; 3,596 of those are sitting on dealer lots. That might not sound like a lot. But when you factor in the 1,023 Volts sold in February, then its a lot. GM usually tries to keep about two month's worth of inventory on dealer lots. The 6,319 Volts amounts to almost five months.
The move comes after the plant came back online from an extended holiday break on February 6th.
Source: Ward's Auto