The Treasury plans to sell its remaining stake in General …
In this undated photo provided by Chevrolet, the 2007 Chevy Avalanche is shown.
In this undated photo provided by Chevrolet, the 2007 Chevy Avalanche is shown.
Toyota and Chrysler saw big U.S. sales gains in April, but they…
Updated: Friday, 13 Apr 2012, 10:41 AM EDT
Published : Friday, 13 Apr 2012, 10:40 AM EDT
DETROIT (AP) - General Motors is scrapping the Chevrolet Avalanche pickup truck.
The company sold 580,000 of the short-bed, five-seat trucks since rolling them out in 2001. They were a combination of SUV and pickup truck.
Sales peaked at just over 93,000 in 2003, but fell as buyers went for full-size "crew cab" pickups.
GM introduced a full-size light-duty Chevy Silverado crew cab in 2004. The company says 65 percent of pickup trucks are now sold with a rear seat.
GM will sell the Avalanche through the summer of 2013. The truck is made at a factory in Silao, Mexico, which also makes the Silverado and GMC Sierra pickups.
Last year GM sold only 20,000 Avalanches. That's less than 5 percent of the 415,000 Silverado models sold by the company in 2011.
Chevrolet is putting out a special "Black Diamond" edition of the Avalanche in its final year.
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