Quote:
Originally Posted by ChetCamaro
Nothing to do with tariffs, good economy and low gas prices are driving it.
+1 on the Blazer comments. IMHO Chevy blew it on that one. Hard to believe that folks are looking for a bigger Equinox/smaller Traverse. I expect the engine will turn off at stop lights as well, and with no defeat button. <sigh>
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While I agree that lower gas prices have helped increase demand for SUV’s and trucks and the trend has certainly been away from passenger cars....“The tariffs on aluminum and steel imports that were imposed earlier this year may have also been a factor, as GM and other automakers have been clear they’re bad for business. Ford CEO James Hackett said in September that tariffs cost the company about $1 billion in profit. GM warned in June that they could lead to a “reduced presence” in the US and abroad and risk less US jobs”.... Adding the loss of of corporate profit from trade tariffs to an already very slim profit margin on these slow selling cars makes continued production unsustainable....