General Motors (GM), being hit hard by cash problems, is indicating that several new models in the planning pipeline may not make their debut on schedule. Automotive News and other industry authorities have learned that GM will be scaling back product introduction for 2009 and 2010, pushing back the release of several new models.The Chevrolet Camaro is expected to be released on time next February and Cadillac will see the CTS coupe, CTS wagon, and a new SRX crossover vehicle in 2009. But, the Chevrolet Cruze will not make its debut as expected in 2010, though the electric Chevrolet Volt is expected to still arrive on time in November 2010.GM’s financial difficulty is impacting the way the company is conducting its business as the automaker attempts to find ways to trim costs while still remaining competitive. By not bringing timely, fuel efficient cars to the market on schedule, the company risks falling further behind and jeopardizing its recovery.Among the vehicles being delayed are:Buick LaCrosse – The replacement for this model is in the works, but likely won’t appear until 2010, a year later than planned. The smaller, lighter second generation LaCrosse would be a boon for the Buick brand which… Read full this story
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