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Re: Report: GM To Raise Incentives On Trucks, Hybrids, Crossovers; G8 Gets $1000
Ooooooh, that's not good. The large SUVs are to be expected. GM sells more than anyone and while they need to react to changes in buyer tastes directly related to the cost of gas and the economy, no one turns a ship this big, that fast. GM is doing its best to cut its losses and not get stuck with product very few people want. (It's the offering of product people do want that leaves something to be desired.)
The G8 really concerns me. This is not a cheap car, but it is not a luxury either, so if they start down that road this early, there may be problems down the line. Especially considering that the price is set to rise next year.
And the G5? Really?! Small cars are in vogue right now and this one should be a no-brainer. Why is cash required to move what is essentially a Cobalt? If they don't sell 'em out of Pontiac dealerships, just redirect production to the Chevy side. The Vibe is the same story, except it is brand new and shared with a Toyota.
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