General Motors announced Wednesday it would invest $1.4 billion into its Arlington Assembly Plant, which produces SUVs.
The investment will create a new paint shop, body shop and “general assembly area upgrades” for the plant that produces Chevrolet Tahoes and Suburbans, GMC Yukons and Yukon XLs and Cadillac Escalades.
Construction will take three years and plant operations won’t be impacted, GM said.
Own a new Chevrolet or GMC truck? You might be getting a new set of keys.
Until a decade or so, if you wanted a three-row SUV your choices were pretty much limited to body-on-frame offerings, most of which were related to a pickup truck. But now, even GM’s own GMT960s (Enclave, Acadia), provide similar amount of interior space to this Yukon. Furthermore, they are less expensive, more efficient, and easier to drive. It’s possible to argue that the biggest, if not the only, advantage of these body-on-frame V8-powered SUVs is their towing ability.
So why do GM, Ford, Nissan, and Toyota still bother with these dinosaurs?
I’m currently in the market for a 2005 or 2006 Chevy Tahoe Z71 and was wondering about when would be the best time to buy. Before you question the Tahoe, I’m probably one of the only people who can justify one. I live in Colorado and spend almost every weekend in the mountains hauling people and their gear up 4wd trails and snowy roads to trail heads and sleeping in the back.
I figure that given gas prices going up, this summer would probably see the values drop off. I like to do the opposite of everyone else who will be buying fuel efficient vehicles. But then I read an article by Steve that said the used car market is going to be getting worse. I’ve see prices go down some over the last 6 months (been watching the market), but not by much. So does this summer sound good, should I buy now, or wait for the future? (Read More…)
Sajeev and Steve,
I think it’s time to replace my wife’s 2005 Honda Odyssey EX-L. It’s got 48,000 on the clock and has developed a few problems over the years. Power side doors that get wonky on really cold days, a slow leak in the AC system, a leak somewhere around the windshield, and an intermittent airbag light most recently, to name a few. None of these things is that big a deal, but considering that my wife has held a grudge against me for convincing her to buy a minivan in the first place, they are just mounting evidence in her case to replace the Ody.