re: GM halts truck production in Indiana due to sharp cut in demand for new vehicles

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Wrong...for over a decade. Since 2010 Tacoma is a Texas truck. Made in San Antonio!

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February 6, 2020

The plant in the central state of Guanajuato, along with an older facility near the U.S. border, will bring Toyota’s Mexican production to 266,000 trucks a year when at full capacity, Japan’s largest automaker said.

Toyota said it expects to send 95% of pickups from the two plants to the United States, where the automaker sold nearly 249,000 Tacomas last year, up 1.3%.

“Tacoma production will be concentrated right here in Mexico,” Christopher Reynolds, a chief administrative officer for Toyota in North America, said at an event to inaugurate the Guanajuato plant. “What this means is that the Mexican manufacturing facilities of Toyota will build all the Tacomas that serve the mid-size pickup segment in the North American market.”

I had a demand for one. frickers

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Yeah so halt U.S. jobs, not Mexican jobs. frick GM.

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Never forget, GM took a taxpayer funded bailout

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GM halts truck production in Indiana due to sharp cut in demand for new vehicles

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They could lower prices but parts are still high priced. This is the first chess move to drive the process input supply side to lower their prices.

GM can still make money on vehicles by lowering prices and increasing volume but evidently they learned something about supply and demand

The GMC and Chevy sites for the last year have had you might not get the vehicle with everything you want bc of supply chain issues

Yet the prices don’t drop

Trying to get a vehicle right now and frickers still don't want to discuss price

frick em

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Trying to get a vehicle right now and frickers still don't want to discuss price frick em

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Interest rates are stupid high not even worth trying to buy a vehicle

Being a well qualified buyer who would get 0% a couple years ago now is well qualified gets you like 3-4%

frick that

I don't understand the appeal of owning something that most people won't actually use, and fewer people can actually afford.

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I’m surprised that many people upvoted this. Trucks and cars are not commodities. If they wanted to charge more they can just charge more. They don’t need to try and manipulate some supply and demand dynamic to list at higher prices

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Supply and demand influences all products and vehicles can be classed as goods or commodities. What do you think happened the past couple of years?

One supplier limiting one line of trucks isn't going to do much for trucks overall but if ALL suppliers of a particular type of truck limit supplies market forces will artificially raise prices.

The industrial supply chain is worse than ever and getting worse, the industrial labor market is insane