Citing high gas prices, image factors and an increasing number of alternatives, GM is scaling back its expectations for its new line up of large SUVs based on its GMT900 truck platform. These vehicles include the Cadillac Escalade, Chevy Suburban and GMC Yukon along with their variants. GM's large SUVs hit their sales peaks in 2001 and 2002 when 505,000 units were sold, but sales have dipped to a projected 435,000 units for 2005. Despite the slow down for these esuvees, GM's large pickup sales are expected to reach 1.1 million this year, which we assume is the combined figure for both Chevy and GMC models. That target is certainly attainable if the incentive gravy train doesn't derail before Christmas.
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