GM to cut production by another 117,000 units

GM said today that it will cut 2008 production by another 117,000 vehicles bring its total just under 300,000 units. The General said that the cut comes as – surprise – consumers shift away from pickups and SUVs to more fuel-efficient and compact cares.

According to spokesman Tony Sapienza, GM will make the cut by eliminating one shift at its Moraine, Ohio, and Shreveport, La. plants. The cuts will mainly affect the production of pickups and SUVs.

GM’s Moraine, Ohio plant is known for making the Chevrolet TrailBlazer, GMC Envoy, Buick Ranier, Saab 9-7x while the Shreveport, La. plant produces the GMC Canyon, Chevrolet Colorado and HUMMER H3.

Sapienza said that GM is also looking at the possibility to halt production at other truck and SUV plants to realign its lineup with consumer demand.

Source: CNNMoney