GM cancels plans to overhaul large pickups and SUVs

GM said today that it has cancelled plans to re-engineer next-generation versions of its full-size pickups and SUVs as sales keep declining due to high gas-prices. The General said instead of focusing on redesigning  and re-engineering vehicles like the Silverado and the Tahoe, GM will save and invest money into improving the current 2007 models.

“We’re going to focus on improving the current trucks until we see where the market goes,” GM spokesman Tom Wilkinson said.

This means that the exciting news of GM moving away from traditional heavy pick-up truck frames to a lighter replacement is no longer the company’s focus. GM said it will continue to invest in more fuel-efficient cars and crossovers.


Source: Detroit News