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With Inventory Climbing, General Motors Schedules More Downtime

GM's dealer stocks have gotten out of control in the U.S. The company will make some potentially painful production cuts in the next few months to get back in balance.

During the past year or so, vehicle inventory at General Motors (NYSE:GM) dealers in the U.S. has been rising at an alarming rate. This has cast a pall over the auto giant's otherwise stellar financial results.