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REPORT: GM already has nearly two year supply of Pontiac G3

by Chris Paukert (RSS feed) on Apr 14th, 2009 at 12:59PM

In news that will doubtlessly result in a chorus of "We told you so" forehead-slaps from critics who noted the arrival of the Pontiac G3 with disdain, word is that General Motors has a bumper crop of the Korean-built subcompacts sitting on its lots. How many? According to The Wall Street Journal, nearly a two-year supply at current sales rates. In the course of doing some research, writer Neal Boudette discovered that GM has 3,479 unsold G3 units clogging up its dealers and vacant lots. Combined with the knowledge that dealers sold just 141 units of the car in March (or one unit for every... Read More

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