GM to cut truck output, offer interest-free loans: Financial News - Yahoo! Finance GM to raise prices on 2009 models, cut production: Financial News - Yahoo! Finance They also plan to "raise average prices for its 2009 models by 3.5 percent to reflect additional vehicle features and higher commodity prices."
Will the new MSRP result in higher sales prices or just allow bigger discounts? I'm betting on "bigger discounts". It may work on the Corvette but not on anything else.
What GM should do is close Detroit and move to Shanghai. That's where their main market is these days.
