By Leftlane Staff
Monday, Jul 31st, 2006 @ 7:48 am

When the 2007 Chevrolet Tahoe first debuted over seven months ago, it sat on dealer lots for an average of just seven days before a buyer was found. Now, Tahoes are taking over 62 days to sell, according to data from the Power Information Network and Automotive News. Since January, incentives and bargains have pushed the average price down by $5,000 — from $42,191 to $37,667. Of course, GM is not the only automaker faced with a shrinking demand for SUVs. Over a week ago, Ford reported unexpectedly poor earnings for the second quarter — due mostly to waning demand for SUVs and pickups.

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