The current version of the Chevrolet Impala is one of the best-selling cars in the US, but GM has had a difficult time turning that sales volume into actual profit. By cutting production capacity by around 60,000 units, the automaker hopes to increase the sedan's impact on the bottom line.
Last year, nearly 50% of new Impalas were pressed into fleet use, a number that GM hopes to greatly reduce as production is capped at 250,000 units via the elimination of the third shift at Oshawa. So far this year, the transaction price of an Impala is up nearly 10% versus one year ago - certainly a respectable increase. Supposedly helping to make that possible is the greater-than-expected popularity of the V8-powered SS model.