GM says Axle strike probably has cut fleet sales

Discussion in 'General Tow Rig Discussion' started by CK5, May 2, 2008.

  1. CK5

    CK5 WhooHoo! Administrator Moderator

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    GM says Axle strike probably has cut fleet sales

    Action at parts maker may have prevented up to 10,000 vehicle purchases

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    DETROIT - A nearly two-month strike at parts maker American Axle and Manufacturing Holdings Inc. probably has cut into General Motors Corp.'s first-quarter fleet sales, a GM sales executive said Wednesday.
    Mike DiGiovanni, GM's executive director of global markets and industry analysis, said the strike may have cost the automaker sales of 7,000 to 10,000 vehicles to fleet buyers. He said GM hopes to make up the sales once the 58-day strike is resolved.
    DiGiovanni said the walkout has reduced GM's inventory in a weak U.S. market. More
     
  2. KT Performance

    KT Performance Well-Known Member

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    That's not good for GM. I'm a Ford guy but with the foreign auto makers pressing so hard on the truck market, I want to see all American companies do good.
     

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