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GM Says it Will Raise Prices 3.5% for 2009 Models

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On top of today’s bad-news-for-GM move of resorting to fire sales to move product, when 2009 models hit lots they’ll sport higher MSRPs thanks to an average 3.5% price hike. The company points to increased content for the hike, but most experts add that a weak dollar and increased costs of materials might also be to blame.

Most 2009-model-year GM cars and trucks start going on sale later this summer. Many of the cars and trucks feature new six-speed automatic transmissions we’ve discussed previously.

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Former managing editor David Thomas has a thing for wagons and owns a 2010 Subaru Outback and a 2005 Volkswagen Passat wagon. Email David Thomas

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