2015/06/15

GM is getting back into a major auto segment

  • by  

  • And it’s working with a Japanese rival to do so.
    General Motors  GM 0.00%  is planning to re-enter the U.S. market for medium-duty work trucks, according to a report, signaling the automaker’s return to a growing and potentially lucrative section of the automotive space where it has been absent for several years.
    GM will develop the new vehicle with its longtime partner Isuzu, a Japanese automaker. Isuzu will build the truck, called the N-Series, but it will be branded and sold by GM in the U.S. under the Chevrolet nameplate, reports The Wall Street Journal.
    This isn’t a terribly strange arrangement. The Journal notes that GM already buys vans produced by Nissan and sells them in the U.S.
    The return to the medium-duty work truck market is another attempt by GM’s CEO Mary Barra to re-establish the GM brand, the Journal said. The automaker abandoned the segment of the automotive market in 2009 when it went through a bankruptcy reorganization.
    The medium-duty truck market has grown 3.5% so far in 2015, the newspaper said.

    No hay comentarios.: