If the U.S. Senate approves additional funding to continue the Car Allowance Rebate System, General Motors Co. could come up “a little short” on inventory. The so-called cash-for-clunkers program, which could benefit from a $2 billion boost if the Senate follows the lead of House lawmakers, gave sagging U.S. sales a jolt in July. GM credits the government incentive with draining its stocks of midsize cross/utility vehicles and cars, as well as some fullsize pickup-truck configurations. ...
Premium Content (PAID Subscription Required)
"GM Boosting Output to Match Response to Clunker Trade-ins" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.