Automakers Cut Summer Shutdowns Amid Growing Demand

by Eric Harding | May 22, 2013 12:24 pm

Summer blues? Hardly.

Carmakers in Detroit are forgoing their standard midsummer shutdowns. It seems buyers just can’t get enough new cars and trucks.

Ford (F[1]) is idling its plants for just one week this summer, rather than the usual two. Chrysler is keeping the two-week break, but at just four of its 10 production plants. GM (GM[2]) won’t shut its doors at all.

The three major U.S. automakers generally shut down for two weeks around the July 4 holiday for maintenance and to rejigger their factories to make new models. But demand this year has been so strong — up 7% through April, the AP reports[3], led by pickup sales as housing rebounds — that the Big Three can’t afford to take the time off.

Endnotes:
  1. F: http://studio-5.financialcontent.com/investplace/quote?Symbol=F
  2. GM: http://studio-5.financialcontent.com/investplace/quote?Symbol=GM
  3. the AP reports: http://hosted.ap.org/dynamic/stories/U/US_AUTOS_BUSY_SUMMER_1ST_LD_WRITETHRU?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT

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