qr-play-store play store

Ford, FCA, GM close production plants

28 Dec 2016
No comments
573 views
Ford, FCA, GM close production plants

While U.S. auto sales are likely to set a record before 2016 draws to a close as it beats last year's mark of 17.5 million new cars and trucks, 2017 probably won't fare as well. In fact, it may surprise many people as Ford, Fiat Chrysler Automobiles and General Motors are already closing production plants.

 

 

Although last year's record will be broken, there's already a decrease in sales this December and forecasts say that the trend will continue throughout 2017. Apparently the three largest manufacturers in the country, Ford, General Motors and FCA, are already getting ready for this by closing production plants over recent months. This is also due to excessive inventory. The forecast is not as dramatic as it seems, but the stock of vehicles is starting to accumulate, which is expected to give way to succulent discounts in the market. In mid-October, Ford closed its plant in Flat Rock, Michigan, where Ford Mustang is assembled, due to sales. This also gave way to closing production lines at Kansas City, Missouri, and Louisville, Kentucky, where Ford F-150, the Ford Escape and the Lincoln MKC are manufactured.

 

 

General Motors has had a similar problem as this week, it stopped the activity in five of its plants due to calculation problems that were causing stock to accumulate for more than 105 days, compared to the natural supply that is usually around 60 to 65 days. Meanwhile, FCA has announced closures for the same reasons. FCA will halt production at its two Canadian assembly plants for less than a week. This means that none of the big three automakers in the U.S. is selling at the levels it expected.

0 0
Comments:
No comments found
Leave a comment
  • Jaw-dropping deals this Spring at RepoKar
    27 Feb 2017

    Spring is right around the corner! With melting snow comes rising car sales. Longer days and brighter sunlight mean it’s the season to think about the best used cars for spring; vehicles that allow you to appreciate blue skies, while getting a head start to summer. The sooner you decide on your dream car, the greater the possibility of finding the best deals.  At RepoKar, we want to be sure that you've got everything you need to start the season fresh with a smile on your face. That’s why we’ve prepared amazing, hassle free used cars, trucks, and SUVs for our fr...

    0 1
    3712
    952755 views
  • General Motors to lay off 1,100 workers
    06 Mar 2017

    General Motors promised us other things but that’s how it all turned to be, even if it said it will invest $1 billion in U.S. factories now it announced to temporarily cut off 1,100 workers in May as its Lansing Delta Township assembly plant in Michigan shifts production to Tennessee. Last year it added 800 jobs at its spring hill, Tennessee plant to build the new version of GMC Acadia SUV.  The Lansing plant will continue building the Buick Enclave and Chevrolet Traverse after it retools for a month. GM also has announced other U.S. factory cuts. U.S. President Donald Trump ha...

    0 0
    16
    102426 views
  • BMW reported record sales in 2017, but Mercedes keeps lead
    12 Jan 2018

    BMW Group has released its sales numbers for 2017 and they show the last 12 months for the company have been really successful. The announcement even goes on to say “the BMW Group reconfirms its position as the world’s leading premium automotive company,” but there’s a small catch. Nevertheless, the company was outsold by Mercedes-Benz, keeping the order in the three-way German luxury sales race unchanged.  Sales of BMW brand models rose 4.2 percent in 2017 to 2.09 million passenger cars and SUVs, compared with a 9.9 percent gain to 2.29 million at Mercedes, w...

    0 0
  • Maserati will fix 2018 Ghibli and Quattroporte due to risk of fire
    09 Jan 2018

    Maserati North America Inc. is recalling more than 1,000 of its newest luxury cars to fix leaky fuel pipes that increase the potential for an engine fire. The 2018 Ghibli and Quattroporte sedans – with prices starting at $73,050 and $105,600, respectively – have a faulty fuel delivery pipe in the engine compartment that may leak gasoline.   The cars haven’t yet been delivered to customers, and they’ll be fixed before individuals are able to drive off with them, according to Matteo Sardi, a spokesman for the carmaker. The company said the flaw, caused by a part...

    0 0
Search on the blog
Find us on

Last added auctions

2007 Ford F-150
33 views
11 photos
11,600.00
No bids
2007 Infiniti M35
382 views
14 photos
1,500.00
1 bid
2008 Dodge RAM 1500
91 views
16 photos
10,100.00
No bids
2009 Nissan ALTIMA
89 views
15 photos
4,800.00
No bids