Wednesday, February 14, 2007

NADA briefs

Saturday, February 03, 2007

NADA briefs

Auto dealer glut hurts U.S. makes

LAS VEGAS -- General Motors Corp. plans to reduce low-profit sales to rental-car companies in the United States by 100,000 more vehicles next year. That's on top of the 120,000-vehicle cut that the automaker plans for such sales this year, Troy Clarke, GM's North American president, said in a speech Friday.

Big 3 stockpiles are up

LAS VEGAS -- Detroit automakers are headed for more inventory troubles after reducing their stockpiles of unsold vehicles at the end of 2006, top auto industry analyst and former GM adviser Stephen Girsky said Friday. GM, Ford Motor Co. and The Chrysler Group each likely had more than 100 days' supply in January. That compares to about a 40 days for Toyota Motor Corp.

Detroit News staff and wire reports.

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