Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

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

Published

on

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.

Continue Reading

News

Ticker News is now live on XumoTV and Xfinity across the U.S.

Published

on

Ticker News is now available on Xumo TV and Xfinity, bringing new era of accessibility

Ticker is thrilled to announce a major milestone for Ticker News: we are now available for streaming across the United States on Comcast’s major platforms, Xumo TV and Xfinity.

The development places Ticker News in the company of industry giants like CNN, Fox News, and MSNBC, marking a significant leap forward in our mission to deliver quality news to a wider audience.

With a combined reach of 50 million active users per month, Xumo TV and Xfinity offer an opportunity for Ticker News to expand viewership.

The achievement is particularly special with Ticker’s fifth anniversary on air on August 19.

“Getting Ticker News on these platforms was no small feat,” says Ticker Founder and CEO Ahron Young.

“It took nearly two years of intense negotiations and overcoming various technical challenges. But the journey underscores the resilience and determination of our team, proving that persistence pays off. We are immensely proud of what we have accomplished together,” Ahron says.

Being available on Xumo TV and Xfinity significantly enhances our already robust distribution network.

These platforms provide Ticker with the ability to reach millions of new viewers, further solidifying our presence in the competitive news landscape.

“Our commitment to expanding our reach and improving accessibility remains stronger than ever,” says TIcker’s Global Marketing Director, Kane Ricca.

Looking Ahead

As Ticker celebrates this exciting moment, the media company remains focused on its mission to provide accurate, timely, and engaging news to our audience.

“We are grateful for the ongoing support of our hosts, staff, investors, and viewers. Every moment counts at Ticker, and together, we are building something truly special,” says Ahron.

Continue Reading

News

‘Frank and constructive’ meeting between Harris and Netanyahu

Published

on

Vice President Kamala Harris met with Israeli Prime Minister Benjamin Netanyahu to discuss the humanitarian crisis in Gaza and a cease-fire agreement.

Vice President Kamala Harris highlighted the nature of the discussion describing it as a “frank and constructive”meeting with Israeli Prime Minister Benjamin Netanyahu at the White House.

Harris expressed her concerns about the humanitarian situation in Gaza.

She stressed the need to finalise a cease-fire deal.
Harris described the past nine months in Gaza as devastating.
She urged that the tragedies in Gaza should not be ignored. #trending

Continue Reading

News

‘Left wing lunatic’: Trump tears into Kamala Harris in major rally

Published

on

Donald Trump is ramping up his attacks on Kamala Harris – his new opponent in the November election. But will it be enough to stop her?