North American production will come up well short of plan in January, thanks to a major under-build by General Motors Corp. January’s results will force an overall reduction in the industry’s first-quarter outlook despite increases to schedules for February and March. The January shortfall also appears to fly in the face of the industry consensus that first-quarter demand, especially in the U.S., will outdo year-ago. January-March North American production plans were cut by 33,900 ...

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