GM to increase prices on some 2008 models

GM announced today that it will be increasing prices on most of its 2008 models to make up for the rising cost of steel and other commodities. 2008 model year prices will go up 1.5 percent on average while some vehicles will get no price increase including the Saturn Aura and the base Chevrolet Malibu.

“This targeted price increase is designed to...
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EnnNorak - 12/20/2007 10:09:30 PM

+2 Boost

This is inflationary and will promote higher interest rate policy which in turn will deepen economic woes.

DaHarder - 12/20/2007 2:14:16 AM

+6 Boost

I'm certain that GM won't be the only vehicle manufacturers doing this, most others just wont have the integrity to let buyers know before hand.

pacotacolol - 12/20/2007 9:26:52 AM

+2 Boost

yes.

M53R - 12/21/2007 6:06:59 AM

0 Boost

Yes and I wonder why theres such a big fuss everytime GM does it?!