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Most sales since '07 shadowed by GM unsold truck inventory

Delaware Online -- The best year for U.S. auto sales since 2007 hasn’t been enough to boost General Motors Co.’s shares. One reason is dealership lots such as Dave Gill Chevrolet in Columbus, Ohio, that are overstocked with trucks.

GM said it entered July with more than five months’ supply of full-size pickups, the most since April 2009, according to researcher Ward’s Auto. This isn’t entirely accidental: Detroit- based GM wants a stockpile to carry it through the change to a new design next year. That plan may backfire if the segment’s sales remain below those assumed at the start of the year.

“I don’t know what our store’s days’ supply is; it’s probably embarrassingly high,” Matt Ringlien, a sales manager at the Chevy store in Columbus, said in a telephone interview.

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Submitted Aug 07, 2012 By: BurntOrange

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OriginalBudman Champion Author Barrie Posts:11,052 Points:2,245,725 Joined:Apr 2006	Message Posted: Aug 10, 2012 9:27:22 PM Ignore OriginalBudman Report Abuse The economy is getting better, folks.
PTBpricer Champion Author Virginia Posts:1,453 Points:201,445 Joined:Jun 2012	Message Posted: Aug 8, 2012 10:23:22 AM Ignore PTBpricer Report Abuse Somebody made a stupid decision at GM.
tedjm1 Champion Author New York Posts:5,609 Points:800,300 Joined:Dec 2006	Message Posted: Aug 8, 2012 12:23:21 AM Ignore tedjm1 Report Abuse Why continue to make trucks? Get orders first before making them. Require a minimum of 200 - 400 trucks to begin assembly.
pgerassi Champion Author Milwaukee Posts:10,876 Points:2,127,605 Joined:Apr 2007	Message Posted: Aug 8, 2012 12:23:02 AM Ignore pgerassi Report Abuse If management refuses to see the big picture, too high TCOs for pickups, they should be fired and replaced with those that will lower the too high prices, design for repairability, and tell masrketing that power just doesn't sell against better MPG while doing the job.
METEOR49 Champion Author Ontario Posts:2,152 Points:451,225 Joined:Apr 2011	Message Posted: Aug 8, 2012 12:21:25 AM Ignore METEOR49 Report Abuse WHY BUY A NEW TRUCK IF YOU CAN'T AFFORD TO PUT GAS IN IT. PIG OIL WILL PUT US INTO DEPRESSION .
Badmoon Champion Author Massachusetts Posts:8,288 Points:1,647,490 Joined:Oct 2008	Message Posted: Aug 8, 2012 12:20:23 AM Ignore Badmoon Report Abuse Economy still bad.
Dremwolf Veteran Author Jacksonville Posts:476 Points:94,370 Joined:May 2008	Message Posted: Aug 8, 2012 12:17:58 AM Ignore Dremwolf Report Abuse Heck wish I could afford a new vehicle, might find a great deal out there.
boatfloyd Champion Author Jacksonville Posts:1,698 Points:383,975 Joined:Mar 2012	Message Posted: Aug 8, 2012 12:14:56 AM Ignore boatfloyd Report Abuse GM stock is way down.
heartbroken2010 Champion Author Ottawa Posts:4,324 Points:893,535 Joined:Aug 2010	Message Posted: Aug 8, 2012 12:14:03 AM Ignore heartbroken2010 Report Abuse trucks are not cheap to drive these days . a fill-up really hurts the pocket book.
g747 Champion Author Mobile Posts:4,521 Points:929,670 Joined:Jul 2009	Message Posted: Aug 8, 2012 12:13:56 AM Ignore g747 Report Abuse Drastically reduce those high prices,no gimmicks!!!!!!.
crreed1 Champion Author West Virginia Posts:1,965 Points:2,522,335 Joined:May 2005	Message Posted: Aug 8, 2012 12:13:46 AM Ignore crreed1 Report Abuse no jobs no can buy
rawdog1313 Champion Author Lexington Posts:3,279 Points:1,638,805 Joined:May 2008	Message Posted: Aug 8, 2012 12:11:46 AM Ignore rawdog1313 Report Abuse Make them affordable and dependable and they will sell.
Bigwaynef Champion Author South Carolina Posts:11,444 Points:2,076,760 Joined:Dec 2006	Message Posted: Aug 8, 2012 12:11:40 AM Ignore Bigwaynef Report Abuse Hell I couldn't afford to fill it up...
Number43 Champion Author Lexington Posts:8,672 Points:1,634,110 Joined:Oct 2008	Message Posted: Aug 8, 2012 12:09:21 AM Ignore Number43 Report Abuse Maybe they are overprice.
Number43 Champion Author Lexington Posts:8,672 Points:1,634,110 Joined:Oct 2008	Message Posted: Aug 8, 2012 12:08:22 AM Ignore Number43 Report Abuse I would to have a GM truck but I can't afford it.
SavALot Champion Author Virginia Beach Posts:8,454 Points:1,707,685 Joined:Apr 2005	Message Posted: Aug 8, 2012 12:07:18 AM Ignore SavALot Report Abuse Not really a huge interest in GM trucks
LanguageMan1 Champion Author Tampa Posts:11,702 Points:1,657,790 Joined:Apr 2008	Message Posted: Aug 8, 2012 12:06:34 AM Ignore LanguageMan1 Report Abuse What a shame, and that's greed for ya as that's what it amounts to being.
TIGERPAW46 Champion Author Florida Posts:7,114 Points:1,352,710 Joined:Mar 2004	Message Posted: Aug 8, 2012 12:06:13 AM Ignore TIGERPAW46 Report Abuse I recall an article within the last couple months saying trucks for some companies were there biggest sales recently. If so then people must not have liked GM's trucks.
HEBster Champion Author Kentucky Posts:8,768 Points:2,369,425 Joined:May 2006	Message Posted: Aug 8, 2012 12:06:01 AM Ignore HEBster Report Abuse Wasn't aware of this
humblepie Champion Author Toledo Posts:34,063 Points:2,367,370 Joined:Mar 2006	Message Posted: Aug 8, 2012 12:05:16 AM Ignore humblepie Report Abuse same old gm
Blue_Cruzer Champion Author Lexington Posts:7,500 Points:1,665,585 Joined:Mar 2007	Message Posted: Aug 8, 2012 12:04:45 AM Ignore Blue_Cruzer Report Abuse Interesting article.
jem069 Champion Author Detroit Posts:2,518 Points:683,080 Joined:Jan 2011	Message Posted: Aug 8, 2012 12:04:28 AM Ignore jem069 Report Abuse ok
TIGERPAW46 Champion Author Florida Posts:7,114 Points:1,352,710 Joined:Mar 2004	Message Posted: Aug 8, 2012 12:04:24 AM Ignore TIGERPAW46 Report Abuse Exaggerated hype on years sales.
cheapchickKY Champion Author Lexington Posts:3,997 Points:792,290 Joined:Jan 2011	Message Posted: Aug 8, 2012 12:04:14 AM Ignore cheapchickKY Report Abuse Wonder if all truck sales are down, or just GM?
Toppers Champion Author Atlanta Posts:8,992 Points:2,466,695 Joined:Mar 2005	Message Posted: Aug 8, 2012 12:04:09 AM Ignore Toppers Report Abuse Hope we're not unloadin' them anytime soon
carloco75 Champion Author Richmond Posts:3,699 Points:596,465 Joined:Oct 2010	Message Posted: Aug 8, 2012 12:02:54 AM Ignore carloco75 Report Abuse Oopsy...convert them to natural gas and sell them to governments...
rahcat Champion Author Grand Rapids Posts:2,448 Points:658,950 Joined:Jan 2010	Message Posted: Aug 8, 2012 12:01:00 AM Ignore rahcat Report Abuse Sell 'em to Obama.
FlyNFool Champion Author South Carolina Posts:8,219 Points:1,680,975 Joined:Aug 2008	Message Posted: Aug 7, 2012 11:59:14 PM Ignore FlyNFool Report Abuse Not good
dabbadu Champion Author New York Posts:1,056 Points:657,255 Joined:Feb 2011	Message Posted: Aug 7, 2012 11:58:09 PM Ignore dabbadu Report Abuse Looks like they still haven't been able to wean themselves from their dependence on big-truck/SUV crack.
bonzoonfmb Champion Author Florida Posts:1,757 Points:640,400 Joined:Feb 2010	Message Posted: Aug 7, 2012 11:49:06 PM Ignore bonzoonfmb Report Abuse Either poor forecasting and planning or just the cyclical nature of demand. tl;dr
goldrose1 Champion Author Cleveland Posts:10,925 Points:1,920,910 Joined:Feb 2005	Message Posted: Aug 7, 2012 11:49:04 PM Ignore goldrose1 Report Abuse hummmmmm
CAroadrunner101 Champion Author California Posts:1,802 Points:1,311,200 Joined:Mar 2009	Message Posted: Aug 7, 2012 11:45:36 PM Ignore CAroadrunner101 Report Abuse hmmm...
saleboss Champion Author Phoenix Posts:3,924 Points:1,176,800 Joined:Feb 2006	Message Posted: Aug 7, 2012 11:43:56 PM Ignore saleboss Report Abuse No wonder the government owns a controling interest, with moves like that!
humblepie Champion Author Toledo Posts:34,063 Points:2,367,370 Joined:Mar 2006	Message Posted: Aug 7, 2012 11:41:30 PM Ignore humblepie Report Abuse another gm shrewd move
HawaiianGuy Champion Author Idaho Posts:9,507 Points:3,075,680 Joined:May 2003	Message Posted: Aug 7, 2012 11:35:41 PM Ignore HawaiianGuy Report Abuse As usual, GM is going to make the wrong call. It's their middle name.
walkingtall Champion Author Toronto Posts:3,974 Points:1,117,480 Joined:Nov 2004	Message Posted: Aug 7, 2012 11:34:54 PM Ignore walkingtall Report Abuse Good luck!
serrog Champion Author Nova Scotia Posts:5,544 Points:1,508,130 Joined:Oct 2008	Message Posted: Aug 7, 2012 11:28:58 PM Ignore serrog Report Abuse ok
rxman1 Champion Author Toledo Posts:9,522 Points:1,857,895 Joined:Nov 2007	Message Posted: Aug 7, 2012 11:28:22 PM Ignore rxman1 Report Abuse Unless you need a truck, today's gas prices will slow sales.
Tekkersmom57 Champion Author Syracuse Posts:1,854 Points:696,665 Joined:May 2010	Message Posted: Aug 7, 2012 11:24:43 PM Ignore Tekkersmom57 Report Abuse They need to increase the MPG on these trucks or they are going continue to sit.
LostToo Champion Author Illinois Posts:4,392 Points:975,315 Joined:May 2009	Message Posted: Aug 7, 2012 11:24:33 PM Ignore LostToo Report Abuse BULLLLLLL....! That sale manager doesn't know the numbers? Wrong! That would be part of his job. Don't you think?
wayoung56 Champion Author Alabama Posts:2,780 Points:814,335 Joined:Oct 2006	Message Posted: Aug 7, 2012 11:24:23 PM Ignore wayoung56 Report Abuse Ooops! The GM Truck ads aren't selling gas guzzlers...
txkrb Champion Author Texas Posts:1,551 Points:635,075 Joined:May 2011	Message Posted: Aug 7, 2012 11:24:15 PM Ignore txkrb Report Abuse The new design is next model year, not next year New model year vehicles come out in the fall If the changeover to build the new models has not already started it will by September
nimpy Champion Author Indianapolis Posts:8,120 Points:1,698,080 Joined:Oct 2007	Message Posted: Aug 7, 2012 11:22:06 PM Ignore nimpy Report Abuse It was bound to happen
DustyHorse Champion Author Virginia Posts:6,067 Points:1,387,845 Joined:Oct 2008	Message Posted: Aug 7, 2012 11:20:34 PM Ignore DustyHorse Report Abuse Good luck but I don't need a gas guzzling truck.
TxPDawg All-Star Author Austin Posts:648 Points:376,590 Joined:Mar 2011	Message Posted: Aug 7, 2012 11:19:29 PM Ignore TxPDawg Report Abuse Good luck with that idea MG..
REKEY Champion Author South Carolina Posts:8,554 Points:1,694,440 Joined:May 2008	Message Posted: Aug 7, 2012 11:15:07 PM Ignore REKEY Report Abuse Everyone got a little wiser!
SaturnSC Champion Author Columbus Posts:1,051 Points:829,000 Joined:Nov 2008	Message Posted: Aug 7, 2012 11:14:09 PM Ignore SaturnSC Report Abuse Who wants trucks?
kcboy Champion Author Utah Posts:3,948 Points:1,503,800 Joined:Jun 2005	Message Posted: Aug 7, 2012 11:10:53 PM Ignore kcboy Report Abuse ok
Mustache_33 All-Star Author Toronto Posts:900 Points:181,455 Joined:May 2012	Message Posted: Aug 7, 2012 11:10:11 PM Ignore Mustache_33 Report Abuse hmm
clermont40miles Champion Author Cincinnati Posts:10,543 Points:1,767,935 Joined:Apr 2008	Message Posted: Aug 7, 2012 11:07:33 PM Ignore clermont40miles Report Abuse Government Motors will just tell BHO & Co. to have the military and Post Office to buy trucks. More bail out. More waste. More buying of union jobs and votes. More cronyism, corruption and clowns behaving badly.