Thursday, September 18, 2008

GM Forced To Cancel Production Of A Compact

A parts shortage has forced General Motors Corp. (GM) to cancel compact car production slated for this weekend, a further complication as the auto maker strains to keep up with demand.
GM wanted to run two shifts this Saturday at a Lordstown, Ohio, factory that makes GM's most fuel-efficient U.S.-built cars, the Chevrolet Cobalt and Pontiac G5 coupe.
The company hasn't been able to satisfy demand for the Cobalt, a recent hot seller as consumers stunned by record fuel prices flock to more economical vehicles.
"We want to try to build as many as we can," GM spokesman Chris Lee said. " It's just unfortunate we can't do it this Saturday."
Regular weekday production remains unaffected, the company said. Lee declined to say which parts maker was responsible for the shortage.
Cobalt sales, up nearly 10% since the start of the year, fell 27% in August, a decline GM attributed to supply constraints.

My Comment (Personal Input):
Poor Gm. Affected negatively by gas prices again. Luckly, this is, or should, be a temporary problem. All other cars are still steadily produced.

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