While other manufacturers have announced plans to completely abandon the slow-selling midsize pickup segment, General Motors apparently thinks there's still life and new opportunity to be found in small trucks. GM is said to be working on a new compact runabout that's reminiscent of the original Chevrolet S-10, according to our sources.




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The current Chevrolet Colorado and GMC Canyon twins have been steadily losing sales and market share over the past few years. Year to date, the Colorado is down 30.3 percent from a year earlier and the Canyon is off 28.5 percent. Newly retired former GM vice chairman Bob Lutz said in February that the future of the two trucks were uncertain and, last year, Louisiana Gov. Bobby Jindal said it was GM's plan to end production at the Shreveport plant where the Colorado and Canyon are produced by 2012. The two biggest players in the segment today are the best-selling Toyota Tacoma, which still sells more than 100,000 units annually, and the long-in-the-tooth Ford Ranger. But some have complained that the Tacoma is too big -- it grew to its current size in 2005 -- and expensive. And Ford says it will end production of the Ranger next year because small truck buyers can make do with a small car or fuel-efficient F-150. Small truck buyers have also moved into full-size pickups because the cost of entry-level half-ton trucks is often close to the price tag of midsize pickups.

Source: GM to return to small truck roots?

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