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GM Chief Financial Officer Paul Jacobson said in January the automaker continued “to face some supply chain and logistics issues, but overall, things remain trending in the right direction.”
Last month, GM said it would idle its Fort Wayne, Indiana, assembly plant that builds Chevrolet Silverado and GMC Sierra pickup trucks for two weeks starting March 27 to maintain “optimal inventory levels with our dealerships.” GM said the Mexican production halt was not related to efforts to optimize inventory.
GM share closed down 0.5 percent Tuesday to $35.60.
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