GM boosting production of big SUVs and trucks
General Motors Co (GM.N) is boosting production of its highly profitable large SUVs and trucks to a pace that could result in 48,000 to 60,000 additional vehicles for the 2016 model year, in a bid to capitalize on rising demand, sources told Reuters.
GM's Arlington, Texas, plant that makes full-sized sport utility vehicles including the Cadillac Escalade and Chevrolet Suburban added Saturday overtime shifts beginning on Aug. 1, a GM spokesman confirmed on Thursday. GM is also expected to boost output of pickup trucks, other people familiar with the company's plans said, but it was not clear how that would be done.
General Motors Co (GM.N) is boosting production of its highly profitable large SUVs and trucks to a pace that could result in 48,000 to 60,000 additional vehicles for the 2016 model year, in a bid to capitalize on rising demand, sources told Reuters.
GM's Arlington, Texas, plant that makes full-sized sport utility vehicles including the Cadillac Escalade and Chevrolet Suburban added Saturday overtime shifts beginning on Aug. 1, a GM spokesman confirmed on Thursday. GM is also expected to boost output of pickup trucks, other people familiar with the company's plans said, but it was not clear how that would be done.