Color us not surprised. With fuel costs growing exponentially higher and the demand for full-size trucks inversely waning, General Motors announced today that it's scaling back production of large pickups and SUVs at four assembly plants.
By eliminating one production shift at its Janesville, Wisc; Oshawa, Ontario; Pontiac and Flint, Mich. plants, GM anticipates reducing annual production by nearly 88,000 full-size pickups and 50,000 SUVs.
Products affected include the Chevrolet Silverado, Avalanche, Tahoe and Suburban, GMC's Sierra, and Yukon, and all three variants of the Cadillac Escalade. Reductions will take place in Oshawa on September 8, while the remaining four plants will see cuts as early as July 14.