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Tuesday, June 03, 2008

Gas Pains FORCE GM To Close Four (4) Truck And SUV Plants in North America. I Expect Others To Follow.

General Motors (GM) announced this morning that it will close four truck and suv plants in North America. The company blames its decision on the "out of control" gas prices. I expect Ford and Chrysler to follow.

If you have a gas guzzling truck or suv, you can expect to continue to feel those pains even more as prices will continue to climb. We FINALLY got rid of one suv in exchange for a car. The other will be gone soon, UNLESS car dealers refuse to accept it in trade, as I am informed many are starting to do.

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