GM's Pickup Inventory Approaches Troubling Levels
#1
07-07-2011, 02:20 PM
GM's Pickup Inventory Approaches Troubling Levels
When General Motors planned production of pickup trucks for 2011, the automaker counted on a strong economic recovery to drive pickup sales to pre-recession levels. Given that pickups have higher margins than cars, that seemed like the best way to increase profits and drive up stock prices. The problem is that the planned economic recovery... More...
Last edited by Jazz; 07-07-2011 at 06:25 PM.
