If General Motors can be considered the industry's bellwether -- and it often is -- introduction-day price increases for the Big 3's 2005 models will rise about 1 percent this year.
GM started the 2005 price ball rolling last week by posting sticker prices on its new array of cars and light trucks. An analysis finds they are about 1.1 percent higher than the final prices of the 2004 models.
The 1.1 percent increase is the same as GM's introduction-day boost a year ago. More important, that newest boost should not be considered GM's final price action for the 2005 model year. More and more, GM is returning to the "interim pricing" philosophy of Thomas Murphy, who was CEO in the mid-1970s.