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GM delays introduction of next generation large trucks
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Posted on
Jun 20 2008 6:52 AM
by
Asif
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With sales of full size pickup trucks and SUVs shrinking far faster than even the most pessimistic industry projections one year ago, GM has decided to delay the successor to the current GMT900 models. The current generation of large trucks debuted in 2007 and were scheduled to be replaced in 2013. However the combination of a 51 percent drop in SUV sales and 24 percent drop in pickup sales along with still uncertain fuel economy rules has prompted GM to suspend development. Until new fuel economy standards have been finalized and a clearer picture of where economic conditions are headed emerges it would be foolish for GM to continue work on the next-generation models.
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