2000 Chevrolt Silverado 1500 4x4 Ext.cab Pickup Truck on 2040-cars
Owensboro, Kentucky, United States
Body Type:Pickup Truck
Engine:Vortec 5.3
Vehicle Title:Clear
Fuel Type:Gasoline
For Sale By:Private Seller
Make: Chevrolet
Model: Silverado 1500
Cab Type (For Trucks Only): Extended Cab
Trim: Silverado
Warranty: Vehicle does NOT have an existing warranty
Drive Type: Auto
Options: 4-Wheel Drive
Mileage: 186,250
Power Options: Air Conditioning
Exterior Color: White
Interior Color: Brown
Number of Cylinders: 8
Disability Equipped: No
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Auto Services in Kentucky
Taylor`s Body Shop ★★★★★
Simpsionville Automotive ★★★★★
Saratoga Auto Sales ★★★★★
River City Auto Center Inc ★★★★★
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GM profits threatened by glut of pickups
Wed, 05 Dec 2012Automotive News reports that General Motors may slash production or ramp up discounts in order to deal with an oversupply of pickup trucks. GM currently has more than double the standard supply of pickups, and the vehicles are threatening to dampen the automaker's profits for 2013. Typically, automakers try to sustain a 60- to 75-day supply of vehicles, but GM is currently loaded with a 139-day supply, as of last month. At the end of November, the automaker was sitting on 245,853 units.
The manufacturer says that it will adjust production accordingly before laying any incentives on the profitable pickups. Even so, there's some concern that the inventory swell could hurt the roll-out of the next-generation Chevrolet Silverado and GMC Sierra. GM actually began slowly stepping back production in August, but it's clear the company will take further action as it heads toward the end of the year and into the next. Analysts predict the automaker could reduce pickup manufacturing by nearly half in the first quarter of 2013.
That still may not be enough to keep GM from laying extra cash on the Silverado and GMC Sierra. While the company's incentive spending was down in November compared to the same month in 2011, both the Ram 1500 and Ford F-150 saw double-digit percentage increases in sales last month while the Silverado and Sierra numbers slid compared to a year prior. Incentive spending could help move more trucks and add some balance to the GM inventory surge.