111. General Motors Corp. and the Chrysler arm of DaimlerChrysler AG said Thursday they would idle five assembly plants next week to reduce inventories of unsold cars and trucks. 112. George Buckley, chairman and chief executive, said the weak economy forced the company to aggressively lower production rates to reduce inventories. 113. GM is trying to reduce vehicle inventories amid soft sales. 114. George Buckley, chairman and chief executive officer, said the weak economy forced the company to aggressively lower production rates to reduce inventories. 115. He called the approach a mistake, and said reducing inventory would be a top priority. 116. How is it possible no one saw the potential to reduce inventory before? 117. However, the company has to control its stock and reduce its inventory of high-priced items. 118. In addition, the company has cut back on manufacturing for distribution in the United States as stores reduce their inventory of Polaroids. 119. In fact, the report suggested even fewer housing starts as builders try to reduce their inventories. 120. In Brazil, after the new year, shops have sales to reduce their inventory. |