GM, Ford lower production plans

TORONTO - General Motors and Ford have lowered their production plans for the first three months of 2008, and employees assembling GM pickups in Oshawa, Ont., will be among the first to be affected.


General Motors of Canada spokeswoman Patty Faith said Tuesday that the Oshawa truck plant, assembling the Chevrolet Silverado and GMC Sierra, will be down the weeks of Dec. 31 and Jan. 7 "in order to keep inventories in line with market demand."


The plant has about 2,700 employees, she said.


General Motors, whose November sales were down 11 per cent in the United States and 10.2 per cent in Canada compared with a year ago, said it expects to produce 950,000 North American vehicles from January through March, down 11 per cent from its output in the first quarter of 2007.


Ford, whose November sales were flat in the United States and down 8.4 per cent in Canada, said it plans to make 685,000 vehicles in the first quarter, a seven per cent decline.


A Ford spokeswoman had no immediate comment Tuesday on the cutbacks.



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Well.. at least they're not screwing their dealers over with overstocking.