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-0.000274932985084831 -0.00103512268884457 -0.0032304625747474 -0.00295552958966257 -0.0032304625747474 0.000206199738813672 0.000206199738813672 0.000206199738813672
Stock impact report

GM Increasing Heavy Truck Production Despite Rising Fuel Prices [Yahoo! Finance]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: Yahoo! Finance
Rising gas and diesel prices haven't slaked the thirst for General Motors' heavy-duty pickups, forcing the company to increase production of its Chevrolet Silverado and GMC Sierra HD trucks. gm increasing heavy truck production despite rising fuel prices Beginning in June, GM plans to shift production, already at three shifts in the Flint Assembly Plant in Michigan, to five days to six days a week, according to a report by the Wall Street Journal . The plant currently builds about 1,100 of the 2500 and 3500 versions of the Chevy and GMC full-size trucks daily. The company does build those trucks at its Oshawa Assembly Plant in Ontario, Canada, but tariffs on those trucks makes it cost prohibitive to build them there versus paying overtime at the Flint plant. GM told the WSJ the increased production in Flint isn't pulling any from Oshawa. GM officials said the reason for the production increase is simple: to meet demand. The automaker's happy to churn out more heavy-duty truck Show less Read more
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