New Study Reveals the Most Profitable Vehicles in the USA

All carmakers want their vehicles to sell in big numbers. And they make a big fuss out of it when they succeed, especially when they top the sales charts in their respective segments. However, high sale numbers don’t necessarily translate to high profits, especially with the discounts that have become a common practice to draw customers to dealerships.

A recent study conducted by Max Warburton of Bernstein Research, a market trends and analysis firm, reveals which models sold in the U.S. are the most profitable for automakers.

Despite being blamed for almost anything, from the greenhouse effect to the costly bailout a couple of years ago, the study shows that Detroit’s Big Three light-truck models lead the list of the most profitable vehicles in the U.S.

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GM Invests US$275 Million in Ft. Wayne Plant to Build New Chevy and GMC Full-Size Pickup Trucks

General Motors announced on Wednesday that it plans to invest approximately US$275 million at its Fort Wayne assembly plant in Indiana to build the next generation of GMC and Chevrolet full size pickup trucks.

The latest investment is part of a US$2 billion plan that was announced back in May, which will create or retain around 4,000 jobs in 17 of GM’s U.S. factories over the next 18 months.

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GM Idles Pickup Production Once Again to Reduce Inventory

General Motors announced that it will temporarily halt production at its Fort Wayne plant in Indiana for the week starting November 7, in order to reduce its inventory of pickup trucks models.

This is not the first time that GM has stopped production at the plant where the Chevrolet Silverado and GMC Sierra are manufactured. Even though pickup sales in the US have increased from January until August by 9% to 1.1 million units, compared to the same period last year, GM seems to have badly misjudged demand for its models, resulting in an inventory of 122-days.

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