Cars

GM boosts prices as pickup truck battle rages

The 2014 Chevrolet Silverado Z71. GM is adding almost $2,100 to the sticker price of the base Silverado.
The 2014 Chevrolet Silverado Z71. GM is adding almost $2,100 to the sticker price of the base Silverado. Paul Sancya/Associated Press/File

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DETROIT — General Motors is adding a twist to the fight for supremacy in the red-hot US pickup truck market: It’s raising prices.

GM is adding almost $2,100 to the sticker price of the base 2014 Chevrolet Silverado. That’s 8.5 percent above the price when the truck hit showrooms in the spring. Other versions of the Silverado, as well as the GMC Sierra, will see similar percentage increases.

Raising prices sounds like an odd way to boost sales. But industry analysts suspect it’s a marketing ploy. They expect GM to raise incentives starting next month so dealers can advertise big discounts. Customers will feel they’re getting a deal — whether they do or not depends on the size of the discount.

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