GM’s Popular V-8 Pickups Are Selling Like Hotcakes

by William White | September 30, 2013 10:09 am

GM’s Popular V-8 Pickups Are Selling Like Hotcakes

GeneralMotors185 GM's Popular V 8 Pickups Are Selling Like Hotcakes[1]General Motors’ (GM[2]) newly redesigned pickups are selling faster than they can be made.

Orders for the most popular versions of the company’s Silverado and Sierra pickups are exceeding a suppliers ability to produce drivetrain parts. The Silverado and Sierra trucks that are seeing high demand are the 5.3-liter V-8 engine versions. Due to the limited parts, GM has limited the number of these vehicles that can be ordered by dealers. According to Terry Rhadigan, a GM spokesman, a dealer that orders 10 of the new trucks is only receiving eight of them. It’s unknown how long it could take to solve this issue, reports Automotive News[3].

GM’s 2014 Chevrolet Silverado 1500 was rated as the best pickup truck[4] over Fiat‘s (FIATY[5]) Chrysler Ram 1500 and Ford‘s (F[6]) F-150 by Consumer Reports.

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2012/07/GeneralMotors185.jpg
  2. GM: http://studio-5.financialcontent.com/investplace/quote?Symbol=GM
  3. Automotive News: http://www.autonews.com/article/20130929/OEM01/130929883/gm-faces-limited-supply-of-most-popular-v-8-pickups-report-says#axzz2gNANkUlG
  4. he best pickup truck: http://investorplace.com/2013/09/new-chevrolet-silverado-gets-big-thumbs-up/
  5. FIATY: http://studio-5.financialcontent.com/investplace/quote?Symbol=FIATY
  6. F: http://studio-5.financialcontent.com/investplace/quote?Symbol=F

Source URL: http://investorplace.com/2013/09/gms-popular-v-8-pickups-are-selling-like-hotcakes/
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