Lutz told the New York Times, “It would have been very difficult in today’s environment to spend a couple of billion dollars to do a replacement.”
The next-generation Suburban, Tahoe, Yukon and Escalade were set to arrive in 2011 as 2012 models. It is not known if the current models will continue past 2011.
GM announced plans earlier this month to kill the Chevy Trailblazer, GMC Envoy and Saab 9-7x due to slow sales. GM also announced plans to close its plant in Janesville, Wisconsin that currently produces the GMC Yukon and Chevy Suburban.
Full Story: Inside Line
GM Closing Wisconsin SUV Plant Early…By the End of the Year