Wednesday, February 6, 2013

Report: GM throttles back Chevy Malibu, Buick LaCrosse production over swollen inventories

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2013 Chevrolet Malibu - front three-quarter view

As inventory of the Chevrolet Malibu and Buick LaCrosse continues to pile up, General Motors will be idling its Fairfax Assembly Plant for two weeks, according to Automotive News. This move comes about a month after the plant was shut down for three weeks in late December and early January for the same reason. As of January 31, the GM had a 94-day supply of Malibu stock while the LaCrosse was a little worse with a 117-day supply.

Just last week, GM announced that it would be investing $600 million in upgrading this plant, but it's unclear what future plans the company has in store for Fairfax considering slow sales of both the plant's models. We do expect a refreshed and more luxurious LaCrosse shortly and an early design update for the Malibu to be announced at some point this year, although we have had no official word as to when either will happen.

GM throttles back Chevy Malibu, Buick LaCrosse production over swollen inventories originally appeared on Autoblog on Wed, 06 Feb 2013 15:31:00 EST. Please see our terms for use of feeds.

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Source: http://www.autoblog.com/2013/02/06/gm-throttles-back-chevy-malibu-buick-lacrosse-production-over-s/

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