General Motors Corp. plans to better utilize its facilities and introduce new models in order to reduce what it says is about 1 million units in excess capacity in North America. “There is a difference between capacity utilization and where we want to be. There are a number of ways to address that,” says Chief Financial Officer John Devine, who adds that GM will not just close plants to achieve its capacity goals. The auto maker’s current North American plant utilization is 80%-85%, and ...
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