DETROIT - In a wide-ranging increase, General Motors has raised the prices of its 2000-model cars and light trucks an average of $60, an Automotive News analysis finds. The increase is sales-weighted and amounts to about 0.3 percent.
Few models were spared among Buick, Chevrolet, Olds-mobile and Pontiac cars and GMC pickups. The boosts ranged from $15 on the Pontiac Bonneville to $719 on a GMC Sonoma two-wheel-drive pickup.
Contributing to the overall increase were boosts in the destination charge on 14 nameplates in the four car lineups plus the GMC Sonoma and Sierra pickups. The freight increases ranged from $10 to $25.
For the individual car marques, the increases were considerably higher than the corporate average of $60. On a divisional basis, the sales-weighted increases determined by Automotive News are: Chevrolet, $81; Buick, $108; Oldsmobile, $111; and Pontiac, $132.
Still to be folded into GM's mid-autumn price increase are Chevrolet pickups and Chevrolet and GMC minivans, vans and sport-utilities.