Under this plan, approximately 88,000 units of fullsize pickup and 50,000 units of full-size SUV production will be removed from GM's North American production capacity for the remainder of the 2008 calendar year. The vehicles include the Chevrolet Silverado, Suburban and Tahoe and the GMC Sierra and Yukon lines.
The fullsize pickup truck and fullsize SUV segments have softened for the entire industry – down 15 and 26%, respectively, through the first quarter of 2008. The production cuts will unfortunately result in lower staffing requirements at all four plants, and those details will be worked out over the next several weeks with union officials.