U.S. automakers led by General Motors Co. (GM) and Chrysler Group LLC may need to boost incentives or cut production to reduce inventories that have risen to a 31- month high, according to Bloomberg Industries.
GM, Chrysler and Ford Motor Co. (F) had 80 days supply of cars and light trucks as of Nov. 30, according to a report led by Kevin Tynan, a Princeton, New Jersey-based Bloomberg Industries analyst. Inventories are considered “manageable” when in the range of 55 days to 65 days, he said.
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