More production increases coming from GM

2010 Chevy Equinox

We have more good news from GM. The news on the Chevy Equinox in particular isn’t surprising. It’s a sharp-looking vehicle with a very reasonable price, so it’s perfect for the current climate.

General Motors is examining ways to ramp up production of four newer models that are selling well above its expectations, a GM spokesman said on Wednesday.

All four models are greatly revamped from previous versions and one, the Chevrolet Camaro, was resurrected five months ago after being out of production for seven years.

The four models are the Chevrolet Equinox, a crossover utility vehicle; Buick LaCrosse, a sedan; Cadillac SRX, also a crossover; and the Camaro, a sports car.

The potential increase in production at GM could prompt more workers to be recalled from layoff, a rare bright spot for the world’s No. 2 automaker just two months after it emerged from bankruptcy protection.

GM spokesman Tom Wilkinson said GM knew it would have to increase production of some of its models after a summer when inventory levels were at unsustainably low levels, but that these four models in particular had outstripped expectations.

GM said it will also look for a second production plant for the Equinox, which is now assembled at the CAMI Automotive plant in Ingersoll, Ontario, which GM owns with Suzuki Motor (7269.T). The Terrain is also built there.

Sales for the 2010 model Equinox were about 9,900 through September 15. The redesigned Equinox was launched in June.

September will be a critical month. It’s important that sales don’t fall off too much following the end of the cash for clunkers program.

  

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