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GM Says Full-Size SUVs, Its Most Profitable Products Ever, Aren't Going Away


By Scott Doggett, Contributor


An article in Sunday's New York Times did a nice job of recapping the boom and bust of the sport-utility-vehicle market, particularly as it applies to General Motors. ----------
Right, the 2008 Chevy Tahoe Hybrid.
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The reporting high up in the article about GM putting the brakes on plans to overhaul the next generation of large SUVs and full-size trucks was particularly newsworthy; our regular readers will recall that we reported the development four months ago.


The decision came amid plummeting sales of full-size trucks and increasing demand for fuel-efficient cars. But as bad as things were for the auto industry in general and the Detroit Three in particular at the start of summer, they pale in comparison to the ugliness that followed.


Back in June, GM spokesman Tom Wilkinson said "we think the higher fuel prices are here to stay and they'll have a significant -- essentially permanent -- impact on the truck market."


Although gas prices have since fallen, financial markets the world over have crashed and talk about America's major automakers possibly going belly-up is on the rise.


With this backdrop, we decided to call Wilkinson again to see where things stand now with regard to the GM's plans for full-size SUVS, the most profitable products in the General's hundred-year history.
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Tags: Cadillac, Chevrolet, Chrysler, Dodge, Fuel Economy, General Motors, Hybrid, 2008 Chevrolet Tahoe Hybrid, 2008 Chevy Suburban, 2008 GMC Yukon Hybrid, 2009 Cadillac Escalade Hybrid, Chrysler Aspen Hybrid, Dodge Durango Hybdrid, General Motors, SUVs


GM Says Full-Size SUVs, Its Most Profitable Products Ever, Aren't Going Away was originally published by Green Car Advisor. Read the full story by clicking here.

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