General Motors entered December with bloated inventories reminiscent of its prebankruptcy days-and its lowest market share in 90 years.
GM will try to fix both problems in a hurry.
Dealers say the company has begun rolling out bigger discounts on many models, including the redesigned Chevrolet Malibu sedan and GM's full-sized pickups. GM had 243,691 pickups -- a 138-day supply -- on hand at the end of November.
GM purposely built up stocks this year in preparation for 29 total weeks that its truck plants would be down for retooling. But last week, GM acknowledged that it's likely to end the year above its target of about an 85-day supply. About 40 percent of its current full-sized pickup inventory is 2012 models.
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