General Motors halts production at Mexico pickup truck plant
The pause in operations was first reported by individuals familiar with the situation and later confirmed by the company.
The Silao facility, responsible for assembling the Chevrolet Silverado and GMC Sierra pickups, experienced a shutdown during the first two weeks of this month.
Additional downtime is scheduled for the weeks commencing 4 August and 11 August, although the company did not verify the exact dates.
GM said: 'Scheduled down weeks at GM Silao are part of a standard operating process focused on optimizing production at our manufacturing complex.'
These models are said to be the company's leading sellers in the US market and significant contributors to GM's profitability.
Besides Silao, the company also manufactures the Silverado and Sierra at plants located in Fort Wayne, Indiana; Flint, Michigan; and Ontario, Canada.
Most of the company's factories in the US were also said to be inoperative last week as part of a down week for the 4th July holiday.
In the first half (H1) of the year, GM reported sales of 278,599 Silverado trucks, marking a 2% increase from the previous year.
Sierra truck sales reached 166,409 units, a significant 12% rise from the H1 of 2024.
Recently, the automotive sector has faced challenges due to the trade tensions instigated by US President Donald Trump, which have led to disruptions in supply chains and factory operations for automakers and parts suppliers.
The industry is said to have been adapting to the situation, with some companies altering their production strategies to lessen the impact of tariffs on imported vehicles and parts.
Earlier this month, GM reported a 7% increase in US sales for the second quarter of 2025, contributing to a 12% growth in the first half of the year.
"General Motors halts production at Mexico pickup truck plant – report" was originally created and published by Just Auto, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
9 minutes ago
- Yahoo
What you need to know in the event of an Air Canada strike
After more than seven months of negotiations, Air Canada flight attendants voted 99.7 per cent in favour of a strike mandate on Aug. 5. If a deal can't be reached between the airline and the Canadian Union of Public Employees (CUPE), workers will be in a legal strike position as of midnight on Aug. 16. Here's a look at what a potential work stoppage could mean for the airline and its customers. How did we get here? Since the beginning of the year, CUPE and Air Canada have been negotiating a new contract for the 10,000 flight attendants who work for the airline and its discount carrier, Rouge. The previous 10-year agreement expired at the end of March. CUPE says flight attendants are paid for 'block time,' which encompasses takeoff until landing. The core issues the union wants to address are scheduling, wages not keeping up with inflation and the 'unpaid duties' flight attendants perform before and after flights, which includes 'critical safety checks, boarding and deplaning procedures, assisting passengers with special needs and preparing the cabin,' CUPE said in a statement. Air Canada said flight attendant compensation, including for ground time, 'is consistent with that at most global carriers.' 'The issue of ground time is discussed with the union as part of a more general conversation about overall compensation,' the airline said on its website. After the parties failed to reach an agreement during a 60-day round of negotiations with a federal conciliation officer, a 21-day cooling-off period started on July 26. On Aug. 16, either side can issue a 72-hour notice for a strike or lockout. However, both Air Canada and CUPE say their goal is to secure a new contract at the bargaining table. What would a strike mean for Air Canada's business? Air Canada operates 500 domestic, 430 U.S. and 170 international flights daily, serving airports across Canada and abroad. In case of a strike, Air Canada would face widespread cancellations across its core operations — potentially grounding more than 1,000 flights per day. Martin Firestone, president of Travel Secure Inc., said all flights would be cancelled on Aug. 16 if the strike does go ahead. 'A few days before August 16, they (Air Canada) would start making cancellations and on the strike date, everything would be cancelled,' he said. Key hubs, such as Toronto Pearson, Montreal Trudeau and Vancouver, would presumably become congested, with travellers scrambling to rebook. Although Air Canada must attempt to rebook affected passengers — either on its own flights or partner carriers — travellers could still encounter delays and extensive monetary losses for hotel bookings, etc. Firestone noted that a strike would impact passengers beyond just air fare losses. 'The cost of a strike like this is not about your $400 airfare, it's about the $20,000 home that you can't get to or the cruise that you can't get to. So it has tremendous ramifications,' he said. How much would a prolonged stoppage cost the company? While specific forecasts for a flight attendants' strike aren't available yet, a 2024 Desjardins study projecting the effects of the two-week Air Canada pilot strike can be used as a benchmark. The report estimated that such a disruption would reduce Canada's real GDP by approximately $1.4 billion, or about $98 million per day. Air Canada, the country's largest carrier, would shoulder the majority of those losses due to its 47 per cent market share in available seat-kilometres. During the 1998 pilot strike, Air Canada lost an estimated $200 million — roughly $355 million in today's dollars, after inflation. Passenger traffic plunged by an estimated 29 per cent from the previous month and the transportation sector took a $529-million hit ($938 million in today's prices) in lost output. The study notes that while activity tends to rebound once flights resume, the short-term impact can significantly disrupt operations, revenues and consumer spending. In the event of a prolonged strike, similar financial losses could be incurred, especially if the disruption carries into peak travel periods in late summer. What could it mean for other airlines? If Air Canada's flight attendants strike, carriers like WestJet, Porter and Flair could see a surge in demand as travellers rebook, temporarily boosting passenger volumes. However, the benefit could be short-lived. Most airlines are already operating near full capacity during the busy summer travel season, meaning they may not have enough seats, crew or aircraft to handle the spillover business. There is no way the competitive airlines are going to be able to absorb the amount of people that have scheduled trips, both departing and arriving,' he said. Operationally, smaller airlines might face logistical strain, with increased traffic at major hubs, longer check-in lines and higher baggage volumes. Still, a prolonged Air Canada disruption could be an opportunity for rival airlines to gain passenger trust and loyalty, especially if they manage the chaos effectively. 'Not only will they benefit by revenue, but passengers may say, 'You know what? That airline helped me out, they saved me and I'm going to use them going forward,'' he said. How would a strike impact customers? If you're booked to fly with Air Canada or Air Canada Rouge after Aug. 16, it's a good idea to monitor the news and Air Canada's website for updates on the negotiations. If a strike or lockout happens, there is a possibility that your flight may be disrupted or cancelled. However, if you're flying with regional airlines Jazz or PAL, which operate Air Canada Express flights, you're in luck — Air Canada said those flight attendants aren't affected. The Canadian non-profit organization Air Passenger Rights has a thorough overview of travellers' rights and Air Canada's obligations in the event of a strike or lockout. There are a few variables depending on whether your flight is domestic or international, whether the airline or the passenger changes the original itinerary and whether the itinerary changes before or after a strike begins. Howard Levitt: The strike threat from Air Canada's flight attendants is a moonshot — and unlikely to land Air Canada shares plunge as decline in travel to U.S. hits bottom line Canada's federal Air Passenger Protection Regulations (APPR) applies to flights coming to, from or within Canada. The Air Passenger Rights website notes that a strike by Air Canada employees is considered 'outside the carrier's control,' but the airline must rebook you on the next available flight operated by Air Canada or a partner airline (with certain conditions attached) or give you a full refund. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
9 minutes ago
- Yahoo
Vortex Companies Promotes Ram Vela to Chief Strategy Officer to Lead Corporate Growth and Global Transformation
HOUSTON, Aug. 8, 2025 /PRNewswire/ -- The Vortex Companies, a global leader in trenchless infrastructure renewal solutions, is pleased to announce the promotion of Ram Vela to Chief Strategy Officer (CSO). In this newly elevated role, Vela will be responsible for shaping and institutionalizing the company's long-term strategic vision, and aligning growth initiatives across domestic and international markets. His promotion comes as the company continues to expand its global footprint through both organic and acquisitive efforts. Vela previously served as Senior Vice President of Corporate Development and Analytics, where he focused exclusively on executing the Company's acquisition strategy. He has been instrumental in expanding Vortex's service and product portfolio, integrating these businesses, and fostering a culture of innovation across all business units. "Ram has always been a catalyst and visionary within Vortex—anticipating industry shifts and charting a path forward to help us stay ahead of the curve," said Mike Vellano, CEO of Vortex Companies. "His ability to bridge the technical and commercial sides of our business makes him uniquely suited to lead our strategic direction as we scale and evolve." As CSO, Vela will focus on identifying new market opportunities and strategic partnerships, supporting M&A initiatives, and accelerating the integration of advanced technologies that align with Vortex's mission to renew critical infrastructure with minimal disruption. "I'm honored to have been considered for this role at such a pivotal inflection point for Vortex," said Vela. "We have a bold vision, exceptional talent, and industry-leading solutions—and I'm excited to help guide our next phase of growth and transformation." Vela's promotion marks another milestone in Vortex Companies' continued advancement as a technology-forward global infrastructure solutions provider. About Vortex Companies Celebrating 10 years in the industry, Vortex Companies is a global leader in trenchless water and sewer infrastructure solutions, offering advanced technologies and turnkey services for municipal, industrial, and commercial systems. With 29 locations worldwide, Vortex specializes in the rehabilitation of manholes, pipes, and structures; the manufacture of specialty mortars, polymeric coatings, resins, and CIPP liners; and the development and distribution of sewer robotics, UV technologies, and high-speed drain cleaning tools. For more information, visit View original content to download multimedia: SOURCE Vortex Companies Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
11 minutes ago
- Wall Street Journal
A Guaranteed Annual Income Flop
Progressives and a growing faction of Republicans support cash handouts as an important answer to America's social ills. So readers might want to know about a study published as a working paper by the National Bureau of Economic Research that finds $1,000 monthly payments have few long-term benefits. Researchers with the nonprofit OpenResearch and several universities ran a randomized controlled trial to test the impact of a cash transfer on lower-income, working-age Americans. One group received $1,000 every month for three years—$36,000 total—no strings attached. The other were paid $50 a month to participate as a control group.
