Inventories of General Motors Corp.’s ’04 model cars and trucks are higher than typical for the late summer period, a company executive says. GM’s August U.S. sales – down 7.0% vs. like-2003 to 406,623 units – failed to clear out a majority of the old models, a task that grows harder every day as more ’05 vehicles arrive at dealerships. The Pontiac G6 is one of several new GM models debuting in late 2004. GM inventory finished August at 1.15 million units, according to Paul Ballew, ...

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