GM Idles 13 Plants. What A Bad Omen

General Motors’ decision to idle 13 assembly plants for two to nine weeks is a really bad omen. And, no, I haven’t come down with a case of triscadecaphobia. If GM is planning to idle that many factories for anywhere from two to nine weeks, then sales at dealerships are still wretched. GM-North America President Troy Clarke said the production cuts—which amount to 190,000 vehicles, or as much as 40% of the company’s production capacity—are being done to align production with market demand.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.