Tuesday, October 28, 2008

Another Reports From GM : GM kills next-generation Escalade, Tahoe, Suburban and Yukon ; G8 and Solstice not being canceled !

With the fuel and financial crisis coming across GM , they decided to kill up what they think is a "useless" line-up right now . According to The New York Times, GM's vice chairman Bob Lutz has confirmed that the next-generation Chevrolet Tahoe and Suburban SUVs along with siblings GMC Yukon and Cadillac Escalade have been canceled. GM had originally planned to spend a total of $2 billion on completely redesigning the SUVs and retooling the plants that builds them. However , although their isn't information yet on how long will the current models continue in production (most likely 2-3 more years), GM might still continue the Escalade program with the Lambda platform (GMC Acadia , Chevrolet Traverse) . So if GM killed the SUV, Don’t be surprised if we hear similar news soon with either Ford of Chrysler.

Moving to what matters , Pontiac's G8. You may read before , that there was a rumor that Pontiac might kill its G8 and Solstice. It turns out to be all non-sense. Pontiac confirmed that the G8 and Solstice models will continue through the next-generation or so and that the rumors were simply "lies" . However , nobody can predict the future. So if these RWD Pontiacs don't sell as GM wants , they'll probably kill them .

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