GM extends shutdown at Chevy Bolt plant as inventories swell

Newswire

By Nick Carey ORION TOWNSHIP, Michigan/DETROIT, July 17 (Reuters) - G eneral Motors Co has extended a shutdown at the Michigan factory that builds the new Chevrolet Bolt electric car as part of a broader effort to get control of bulging inventories of unsold vehicles in the United States. GM's vehicle inventory in the United States hit a 10-year high in June at 105 days supply. The company has promised investors it will reduce that to a more reasonable level of ...

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