DETROIT - General Motors has raised prices on all but a handful of its 2001 cars. Automotive News estimates that the increase averages $70 on a sales-weighted basis when spread across GM's entire fleet of cars and light trucks.
It is GM's fourth increase of the 2001 model year. GM vehicles have gone up an average of $455, or 2 percent, since the end of the 2000 model year, according to Automotive News. A recent round of truck increases will raise those figures.
The Chevrolet Lumina, which is being phased out, the Chevy Metro, a fleet-only model, and the Cadillac Catera were spared from the price hike.
The boosts applied to 78 of GM's 84 car models. All Oldsmobile cars were included even though GM has marked the Olds line for extinction.
Most of the increases (56 of 78) ranged from $100 to $200, although four Oldsmobile Aleros broke the pattern. They rose only $10, the result of a hike in the destination charge.