Will GM Resist Discounting As Inventories Balloon?

The stout sales discipline that's producing huge profits for General Motors has a troublesome side effect: GM's vehicle inventory has ballooned 28 percent since Aug. 1, to the highest level in nearly nine years. Crowded dealership lots could force the automaker to make more production cuts -- beyond the layoffs of 2,000 workers in Michigan and Ohio announced last month -- if demand slips in 2017. Heading into the slower winter season, the situation shapes up as a critical test of GM's determination to resist profit-eroding incentives and fleet deliveries as relief valves.
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MDarringer - 12/12/2016 11:15:16 AM

0 Boost

The ONLY reason for inventories to balloon is if production is not reconciled with sales. GM will either have to idle factories or discount. Either way they will have to pay down the overstock.

Camaro sales are flat, but more and more show up.

The local Mitsubishi dealer is putting new stock out to auction to get rid of crap that doesn't sell, which ironically count as sales when auctioned.

MDarringer - 12/12/2016 4:49:30 PM

-1 Boost

*popping pop corn now*

MDarringer - 12/12/2016 10:01:32 PM

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Idiots try to ass fuck me by down arrowing me and I couldn't care less.