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

General Motors limits certain Silverado and Sierra pickup trucks


General Motors NYSE:GMGeneral Motors’ (GM) 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.

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

Article printed from InvestorPlace Media,

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