Autos

Supplies of highly profitable GM pickups at historically low levels

0


Duncan Aldred, vice president of Buick-GMC sales for General Motors Co., speaks next to a GMC Sierra Denali HD truck displayed during an event in Chula Vista, California, U.S., on Tuesday, Jan. 22, 2019.

Sandy Huffaker | Bloomberg via Getty Images

Supplies of highly profitable pickups from General Motors are at historically low levels months after the company restarted production following nationwide plant shutdowns this spring due to the coronavirus pandemic.

Supplies of GMC Sierra pickups on dealer lots are at 20 days or less compared with a typical supply of 75 days to 90 days, according to Duncan Aldred, head of the GMC truck brand. He attributed the low supplies to continued demand for…



Source cnbc.com

Lego plans to scrap plastic bags and make more ‘bio bricks’

Previous article

Oil prices rally as U.S. crude supplies post a weekly decline and Hurricane Sally curtails production

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Autos