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June 20, 2008

GM halts major overhaul of SUVs, pickups as sales dive

By JEFF KAROUB
AP Business Writer

DETROIT — General Motors Corp. said Thursday it will indefinitely halt a major overhaul of its full-size pickup trucks and sport utility vehicles as it grapples with plummeting sales of those products.

GM spokesman Tom Wilkinson said the automaker instead will work on more modest updates and enhancements as it shifts more resources toward higher-mileage vehicles. The move has been largely spurred by skyrocketing gas prices that have radically changed customers' buying habits, he said.


 
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