Tuesday, June 3, 2008

how will GM market remaining inventory?

Today Gm announced closing of 4 truck & suv plants. Gas price is predicted to increase more.So how will GM market the remaining inventory on hand with already declining sales. The only avenue I see is marketing in countries like Venezuela where gas price is 19 cents due to subsidy. This was they can get rid of inventory on hand and focus on smaller cars like in Europe ( as gas prices were always high there)