GM Pricing

[NITROZ28]

Looks like GM had a price update over the weekend, Inventory value shot up.

[PartScott]

Yeah, it appears that there were a bunch of parts prices updated on the 15th. Way to go GM...price changes in the middle of the month.

[2longinparts]

Better check you oil pricing as well.

[last8please]

My oil cost increased from invoice dated 5/16 to 5/23 > cannot get an answer why. Tires are off as well

[PartsDanager]

I don't think I've ever seen a mid month price change from GM. Certainly not one of this magnitude. We hold our quotes for 30 days regardless of MoM change, so I've been burned (slightly) a few times. This price increase seems expansive. I had heard (can't remember where) there was a 4.5% increase across those PNs with updates.

Ecom was already basically breakeven, before customers started paying preincrease prices while my ADI charged me post increase prices.

[last8please]

I have talked to 2 other dealerships and they also found the oil pricing issue on invoice dated may 23rd. it was correct on the 16th, this is at the same time of the price tape update.