GM cuts back on truck production

US car giant General Motors (GM) has cut production at six plants producing pick-up trucks and 4x4s as sales fall.

Overtime shifts have been stopped at sites in Texas, Indiana, Michigan, Wisconsin, Mexico and Ontario for the rest of the year, GM said.

It added that stiff competition, high fuel costs and a weak housing market had knocked demand for the vehicles.

Recently, GM revealed truck and sports utility vehicle sales had dropped 9% in the first seven months of the year.

Read Full Article from BBC News

- Posted: 2007-08-23 10:01:45

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