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Why is GM halting the production of it’s popular pick-ups?

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General Motors (GM) has announced a temporary halt in the production of its popular pickup trucks due to parts shortages, although has not specified which parts are in short supply.

This interruption arrives at a challenging juncture as industry analysts observe GM and Stellantis, another major automotive company, increasing their inventory over the past couple of months in anticipation of a potential strike by the United Auto Workers (UAW).

Negotiations are currently underway between UAW and GM, Stellantis, and Ford Motor Co., as the existing contract between the three automakers and the union is set to expire on September 14.

Kevin Kelly, a spokesperson for GM, confirmed on Thursday that the Fort Wayne Assembly located in Indiana will cease all production during the week of August 28.

The assembly plant is responsible for manufacturing GM’s full-size Chevrolet Silverado and GMC Sierra light-duty pickups.

Kelly indicated that production at this facility is anticipated to resume on September 5, following the Labor Day holiday.

Another impacted production facility is the Wentzville Assembly in Missouri, where GM produces its Chevrolet Colorado and GMC Canyon midsize pickups, as well as the Chevrolet Express and GMC Savana vans.

The impact will be limited to the third shift for the week beginning August 28, with production expected to restart on September 5.

GM’s Silao plant in Mexico experienced a two-week downtime but is scheduled to recommence production on the upcoming Monday. This facility contributes to the production of GM’s full-size light-duty pickups.

In Canada, GM’s Oshawa Assembly faced a temporary shutdown due to a distinct parts-related issue, with plans to resume production on Friday.

This facility is responsible for the manufacturing of heavy-duty and light-duty full-sized Silverado pickups.

GM’s Flint Assembly, where heavy-duty pickups are manufactured, has not encountered any parts-related disruptions and is operating normally.

These production adjustments at facilities such as Wentzville, Fort Wayne, Oshawa, and Silao could potentially hinder GM’s efforts to bolster inventory levels, irrespective of the possibility of a strike.

Notably, all these facilities are involved in the production of pickups, a vehicle segment currently experiencing high demand, as highlighted by Sam Fiorani, Vice President of Global Vehicle Forecasting for AutoForecast Solutions.

“We are working to limit the effect these actions will have on production volumes and inventory,” said GM’s spokesperson Kevin Kelly.

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Tasmania AFL team confirmed: Macquarie Point stadium legislation passes

Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.

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Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.


Tasmania is officially joining the AFL! After a marathon debate, the Legislative Council has passed the Macquarie Point stadium-precinct legislation 9-5. This milestone paves the way for the Tassie Devils Football Club to join the AFL in 2028, marking a historic moment for Tasmanian sport.

In an exclusive segment of Footynomics: The Business of Sport, Professor Tim Harcourt discusses the significance of this legislation, the social and economic impact of a new AFL team, and why this process took longer than expected.

We also explore what comes next for Tasmania, the AFL, and the broader implications for sports both in Australia and internationally.

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#TasmaniaAFL #TassieDevils #AFLExpansion #Footynomics #MacquariePoint #SportsEconomics #AustralianFootball #TickerNews


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Australian Dollar hits five-week high amid weak GDP and US Dollar

Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.

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Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.


The Australian dollar has surged to a five-week high as disappointing GDP data and a softer US dollar reshape trader expectations. Market participants are closely watching the Reserve Bank of Australia’s next policy meeting to gauge future interest rate decisions.

We sit down with Steve Gopalan from SkandaFX to break down what these developments mean for the Australian economy and global markets. From Q3 growth figures to inflation indicators, Steve explains the key drivers behind the Aussie dollar’s recent gains.

Traders are also keeping an eye on the Federal Reserve’s upcoming policy meeting, as a weaker US dollar could have further implications for the Australian currency. Stay informed with expert insights and what to expect in the weeks ahead.

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#AustralianDollar #ForexNews #AUD #GDPUpdate #USdollar #InterestRates #RBA #MarketAnalysis


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EU launches antitrust probe into Meta over WhatsApp AI policy

EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.

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EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.


The European Commission has opened an antitrust investigation into Meta over WhatsApp’s new AI chatbot policy. The inquiry examines whether the policy restricts third-party AI developers from accessing WhatsApp’s business tools, potentially breaching EU competition rules.

Meta updated its terms, effective January 2026, which have already barred new AI providers since October 15. The rules prohibit AI developers from using WhatsApp as their primary service, affecting a number of AI companies looking to integrate with the platform.

The EU’s competition commissioner is considering interim measures to ensure fair competition. If Meta is found in violation, it could face fines of up to 10% of its global annual revenue.

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#Meta #WhatsApp #EURegulation #AIChatbots #TechNews #Antitrust #DigitalCompetition #MetaAI


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