GENERAL MOTORS CORP expects to generate higher profit margins from its new full-size pickup trucks, and build more trucks this year than last year, the Wall Street Journal Interactive edition said Monday. General Motors expects the new trucks to command profit margins two percentage
points above those on the old models, a GM spokesman, Mark Tanner
told securities analysts at a meeting at GM's Truck Centre in
Pontiac, Mich. on Friday, the Journal reported. Tanner, however,
would not comment on specific earnings projections or give a
precise margin figure, the paper said. At the meeting, GM also
said it expects to build about 250,000 more full-size pickups this
year than the roughly 725,000 it made in 1998, when the strike
slowed production, the paper reported.
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