GM may cut truck production

Trim would offset inventory glut of full-sized SUVs. General Motors may trim third-quarter truck production to offset increasing levels of inventory, particularly with the 2007 full-sized SUVs.

GM pumped its redesigned full-sized SUVs into the market earlier this year to ignite corporate revenue.

As a result, GM insiders say the company is weighing its third-quarter production of those trucks, which include the Chevrolet Tahoe, GMC Yukon and Cadillac Escalade.

The full-sized SUV segment overall has shrunk this year in the United States, partly as a result of increasing fuel prices and higher interest rates. Sales of large and luxury SUVs for the entire industry are down 20.6 percent through July compared with the year-ago period, according to the Automotive News Data Center. Sales of GM’s full-sized SUVs are down 16.0 percent through July.

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