GM's putting big trucks on hold as fuel-economy rules reshape the future landscape of big pickups and SUVs, the Wall Street Journal reports this morning.
The company is in the midst of a sweeping re-examination of its product lineup as it tries to eke out more miles per gallon per vehicle, and to come up with a product solution to the rise in gas prices that has slammed truck sales for the past year.
A spokesman told the Journal that the company's "whole product portfolio" is under review, and that the company is looking around its global empire for ways to bring more fuel-efficient cars to the U.S. sooner. The most immediate impact could be on GM's full-size truck and SUV program, which includes vehicles from the Chevrolet Silverado to the GMC Sierra and Cadillac Escalade. Those vehicles were supposed to be replaced in 2012, but the Journal says that date will be pushed back.
In recent weeks, GM has said it would introduce new compact cars with fuel-efficient engines, bring out a new generation of the Chevrolet Aveo, and put its HUMMER brand under strategic review. On top of that, the paper adds, GM is toying with the idea of canceling a future HUMMER SUV and with shutting down another brand.
What's your plan for GM--how can it boost fuel economy across the board? Tell them in a comment below.