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

Posted on 2/25/23 at 7:26 am to
Posted by St Augustine
The Pauper of the Surf
Member since Mar 2006
68929 posts
Posted on 2/25/23 at 7:26 am to
quote:

and people nowadays want electric, even trucks


Posted by goofball
Member since Mar 2015
17163 posts
Posted on 2/25/23 at 7:38 am to
quote:

Nothing artificial about it. It's based on consumer demand, and people nowadays want electric, even trucks.


GM always had fewer semiconductor shortages and fewer supply chain issues than Ford, but they both recently ironed a lot of that out. So inventory has been slowly climbing. Unless you are getting a Tahoe, Suburban, or Yukon…it’s not that hard to find a full sized GM truck on a dealer lot.

And they figured out that they can make more profit keeping inventory at 50-60 days max. So they cut production when they hit that level in a lot of places. They will probably rotate idling of the 4 plants that make pickup trucks and use the time for plant repair and maintenance. Ford will do something similar.

It’s less acute or a problem at Toyota as they have far less production capacity. A 5% swing in demand for a product that sells 100,000 units is a lot less of a problem than a 5% swing in demand for a product that sells 650,000 units.
Posted by AndyCBR
Baton Rouge, LA
Member since Nov 2012
7932 posts
Posted on 2/25/23 at 8:20 am to
Maybe this will give GM time to fix their AFM engines.

I see it’s pretty common to need engine work on their newer vehicles due to the lifter failures.

Posted by AndyCBR
Baton Rouge, LA
Member since Nov 2012
7932 posts
Posted on 2/25/23 at 8:24 am to
quote:

Nothing artificial about it. It's based on consumer demand, and people nowadays want electric, even trucks. Just talk to my immediate family for proof.


I hope you don’t think your “immediate family” is a summary of the buying public.

I wouldn’t touch one of these EV turds. The performance is not remotely close to gas vehicles and the prices are absurd.

Quit promoting all of the leftist trope on EV’s just to push a climate agenda.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
51655 posts
Posted on 2/25/23 at 8:25 am to
I have zero desire to own an EV anytime in the foreseeable future.
Posted by TDTOM
Member since Jan 2021
21164 posts
Posted on 2/25/23 at 8:28 am to
quote:

Nothing artificial about it. It's based on consumer demand, and people nowadays want electric, even trucks. Just talk to my immediate family for proof.


What a clown.
Posted by MisslePig
Member since Jul 2018
1096 posts
Posted on 2/25/23 at 1:11 pm to
quote:

They don’t need to try and manipulate some supply and demand dynamic to list at higher prices


JFC, you cite supply and demand and then turn right around and say that if supply is lowered that it wouldn’t affect price? And the can arbitrarily charge whatever they want to get that price regardless of supply or demand?
This post was edited on 2/25/23 at 1:20 pm
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34010 posts
Posted on 2/25/23 at 1:27 pm to
quote:

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 post I was replying to suggested that they intentionally shut down a plant with the intent of keeping prices high. My point was that if they wanted to keep prices up they don’t need to shut down production to do it. They can charge whatever they want regardless.
Posted by LSUDad
Still on the move
Member since May 2004
60697 posts
Posted on 2/25/23 at 1:31 pm to
Bought my last GM vehicle in 1992, will never buy another.
Posted by X123F45
Member since Apr 2015
28750 posts
Posted on 2/25/23 at 1:33 pm to
quote:

who makes reliable vehicles here in the U.S.


The only qualifications that matter.
Posted by dukke v
PLUTO
Member since Jul 2006
213656 posts
Posted on 2/25/23 at 1:47 pm to
I would never pay that much for any vehicle.
Posted by 3deadtrolls
lafayette
Member since Jan 2014
6373 posts
Posted on 2/25/23 at 2:04 pm to
quote:

I have zero desire to own an EV anytime in the foreseeable future.


Very few people want EVs.
Posted by El Tigre Grande
Bayou Self
Member since Jan 2006
2589 posts
Posted on 2/25/23 at 2:26 pm to
quote:

people nowadays want electric, even trucks.

Uuhhm, NO
You think that I wanna pull my boat out of the launch or pull a stump out of the ground with an electric truck?
Enjoy your Prius
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