GM Bolt Bulging Inventory -- 105-Day Supply -- FBN -- July 18, 2017 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title GM Bolt Bulging Inventory -- 105-Day Supply -- FBN -- July 18, 2017, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : GM Bolt Bulging Inventory -- 105-Day Supply -- FBN -- July 18, 2017
link : GM Bolt Bulging Inventory -- 105-Day Supply -- FBN -- July 18, 2017

GM Bolt Bulging Inventory -- 105-Day Supply -- FBN -- July 18, 2017

GM extends Bolt shutdown -- Fox Business News.

Since no one trusts Fox, let's see what Reuters has to say:

• GM's vehicle inventory hit a 10-year high
• 105-day supply
• this is after GM told investors in April that expected inventories would decline to a 90-day supply by the end of June, ans would fall to 70 days by the end of the year
• GM has extended the shutdown of Bolt manufacturing at its Michigan factory
• [GM said Bolt was being hurt by its Sonic sales -- FBN]
•  Chevrolet Sonic small car at the Orion plan: sales are down nearly 37 percent for the year to date 
• and here it is, at Reuters: 
• • A spokesman for the company said the shutdown at Orion was "due solely to softening sales of the Sonic" model, adding that its production plan for the Bolt for this year was unchanged. 
• at one dealer in Rhode Island: more than 200 Bolts in inventory ranging from $36,000 to $41,000

Wow, $40,000 for a compact?

With gasoline at $1.99/gallon?

Is this the real problem: potential EV buyers are waiting for the new Tesla at about the same price?

***********************

Mideast

Off the radar scope, the current allied military push on the ISIS capital of Raqqa (Raqqah).

http://ift.tt/2dZyQXu

Thus Article GM Bolt Bulging Inventory -- 105-Day Supply -- FBN -- July 18, 2017

That's an article GM Bolt Bulging Inventory -- 105-Day Supply -- FBN -- July 18, 2017 This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article GM Bolt Bulging Inventory -- 105-Day Supply -- FBN -- July 18, 2017 with the link address https://mylivemyidea.blogspot.com/2017/07/gm-bolt-bulging-inventory-105-day.html

Tweet

Subscribe to receive free email updates: