inventory

GM's Pickup Inventory Approaches Troubling Levels
Kurt Ernst By Kurt Ernst

GM's Pickup Inventory Approaches Troubling Levels

07/07/2011

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...

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