Automaker's inventory high as UAW walks off the job
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September 15, 2019 03:58 PM

Automaker's inventory high as UAW walks off the job

Michael Martinez
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    General Motors has stockpiled high levels of new cars and trucks in recent months, meaning it would likely take a prolonged strike to dent sales of most vehicles.

    The automaker has a 77-day supply of new vehicles, according to a report by Cox Automotive, placing it well ahead of the industry average of 61 days. The automaker had a 90-day supply of vehicles as of Aug. 1, according to the Automotive News Data Center.

    Both figures are higher than the 66-day supply of vehicles GM had when the union last struck in September of 2007, although that work stoppage lasted less than two full days.

    Roughly 46,000 hourly union workers were set to form picket lines at 11:59 p.m. Sunday after the two sides reached an impasse on negotiations over wages, benefits and investment.

    UAW Path Forward2019 UAW-Detroit 3 negotiations: The Detroit 3 and UAW labor talks are underway, and Automotive News will follow every turn. From healthcare to wages, temporary workers to job security, we will keep readers informed until the last local votes.
    Coverage >

    Among GM's brands, supplies totaled 98 days for Buick, 89 days for Cadillac, 72 days for Chevrolet and 84 days for GMC, according to Cox.

    GM has about an 80-day supply of its all-important pickups and SUVs, versus an industry average of 64 days for those vehicles, Cox said. GM had a 93-day supply of the Chevy Silverado pickup and 84 days for the GMC Sierra.

    Cox said supplies of the Chevy Tahoe and Suburban were below the industry average, at 57 and 58 days, respectively.

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