General Motors will lay off the third shift at its plant in Spring Hill, Tenn., to address slowing industry sales and rising inventories.
The automaker declined to provide details about how many workers will be impacted or how long the cut is expected to last. The downtime is scheduled to begin Nov. 27 at Spring Hill Manufacturing, which employs roughly 3,300 hourly workers.
"This adjustment allows the plant to maintain stable production, protect the value of our brands in any sales environment, and to provide the smallest impact to plant employment going forward," the company said in a statement.
GM spokesman Tom Wickham said some of the affected jobs are temporary workers who are being released. Others are permanent workers who will be on indefinite layoff. The exact impact on employees will be determined over the next several weeks, according to GM.
Separately, GM confirmed it will invest $294 million in the plant for a future Cadillac crossover, which is expected to be the XT4 -- due out the second half of 2018. Wickham declined to provide details of the future product or a time line for the investment.
The downtime may come as a surprise to some, as GM added 650 people and the third shift in January to increase production of the Cadillac XT5 midsize crossover and GMC Acadia large crossover.
Both vehicles have experienced significant surges in sales this year, however estimated inventory levels are above the industry standard of 60 days, according to the Automotive News Data Center: XT5 at 68; Acadia at 105.
Through August, sales of the XT5 -- which replaced the SRX -- more than doubled from a year ago to 42,538 units; Acadia sales were up 45 percent to more than 75,200 units.
Wickham declined to disclose whether GM has plans for production cuts at any other plants to address slowing sales.
According to the Automotive News Data Center, GM was estimated to have an 87-day supply as of Sept. 1 -- the third highest in the industry.