Confirmed: GM to limit Solstice, G6 convertible production
General Motors has decided to limit production of the new Pontiac Solstice and G6 convertible to strengthen residuals and maintain demand, said Buick-Pontiac-GMC general manager John Larson. GM will build 17,000 Solstices for the 2006 model year, and 20,000 for the 2007 model year (including the GXP), reports Automotive News. Larson said the goal is to keep people wanting the car. The Automotive Lease Guide estimates the SOlstice will hold a 54 percent residual value after three years. Anything over 50 percent is considered outstanding. In May, GM's Bob Lutz said demand for the Solstice was 35,000 cars per year. However, it was widely speculated that GM would not boost production to these levels.