ARI SHAPIRO, host: NPR's business news starts with the latest shift at General Motors.</s>ARI SHAPIRO, host: As high gas prices hurt General Motors on the sales front, high steel prices are hitting the car maker on the production front. That's why despite slumping sales, GM told its dealers yesterday it'll have to raise prices on its 2009 models. It already raised prices on its 2008 models, but so many are still unsold that the car company now plans to offer new incentives for those models, such as six-year, interest-free loans. GM sales last month fell 17 percent. Truck sales were down nearly 40 percent. And as for the company's stock price, by one estimate, that's tumbled to its lowest level in more than 30 years.
Co-host Ari Shapiro has this morning's business news.