GM increasing production of highly profitable SUVs, pickups on Monday

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Trucks come off the assembly line at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018. 

John Gress | Reuters

General Motors plans to significantly increase production at U.S. plants Monday as part of a gradual reopening of its North American operations following March shutdowns due to the coronavirus pandemic.

Most importantly, the company will return American plants that produce pickup trucks such as the Chevrolet Silverado to pre-coronavirus levels of three shifts. It also will begin reopening a plant in Texas on one shift that builds large SUVs such as the Chevrolet

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Exclusive: Nissan’s survival plan for Europe: SUVs and sharing with Renault

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(Reuters) – Nissan Motor Co (7201.T) is working on a plan to scale back its European business, focusing on sport utility and commercial vehicles as well as more effective sharing of products and investments with partner Renault, three sources told Reuters.

FILE PHOTO: Qashqai cars by Nissan are seen parked at the Nissan car plant in Sunderland, Britain February 4, 2019. REUTERS/Phil Noble/File Photo

The strategy, part of a three-year global turnaround plan due to be unveiled on May 28, would see the Japanese carmaker’s plant in Sunderland, northeast England, switch permanently to two daily shifts from three,

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Nissan’s survival plan for Europe: SUVs and sharing with Renault

spike

(Reuters) – Nissan Motor Co (7201.T) is working on a plan to scale back its European business, focusing on sport utility and commercial vehicles as well as more effective sharing of products and investments with partner Renault, three sources told Reuters.

FILE PHOTO: Qashqai cars by Nissan are seen parked at the Nissan car plant in Sunderland, Britain February 4, 2019. REUTERS/Phil Noble/File Photo

The strategy, part of a three-year global turnaround plan due to be unveiled on May 28, would see the Japanese carmaker’s plant in Sunderland, northeast England, switch permanently to two daily shifts from three,

Read More