Why is GM Still Banking On Gas Guzzlers to Save It?

A slumping pickup market is hindering General Motors Corp.'s turnaround effort in North America just as the automaker was gaining momentum.
GM was counting on its new full-size GMC Sierra and Chevrolet Silverado pickups to be smash hits, but the new trucks launched late last year are taking longer to sell than the outdated models they replaced, and they're leaving showrooms with just $420 less in incentives.
GM sold 200,505 of the trucks through the first three months of 2007, according to Edmunds.com, a figure one GM insider said fell well below internal projections.
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