UPDATED: 10/12/17 10:25 am ET – adds details
DETROIT — General Motors plans to scale back production at its Detroit-Hamtramck assembly plant and idle about 1,500 workers, the Wall Street Journal reported Thursday, citing sources familiar with the plan.
The company plans to shut the factory for about six weeks from mid-November, and cut production by roughly 20 percent once operations resume, the Journal reported. The move will cost about 200 workers their jobs.
General Motors declined to comment.
The Detroit Hamtramck plant builds the Buick LaCrosse, Cadillac CT6, Chevrolet Impala and Chevrolet Volt.
Supplies of those vehicles reported by the Automotive News Data Center, as of Oct. 1:
Buick LaCrosse: 284 days, down from 286 on Sept. 1
Cadillac CT6: 106 days, down from 145 on Sept. 1
Chevrolet Impala: 67 days, up from 49 on Sept. 1
Chevrolet Volt: 107 days, up from 97 on Sept. 1
Both GM and rival Ford Motor Co. have worked for most of this year to rein in high inventories of passenger cars as consumers have shifted to buying pickups, crossovers and SUVs. Overall, GM had a 76-day supply of vehicles as of Oct. 1 (down from 87 on Sept. 1) and Ford had a 72-day supply (down from 81 on Sept. 1).
Production cuts slice into revenue, but could also helps automakers avoid deeper price cuts on vehicles they can sell.