We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
General Motors' Chevrolet to Launch New Sedan in China
Read MoreHide Full Article
General Motors Company (GM - Free Report) announced that its Chevrolet brand will be introducing an all-new compact midsize family sedan in China. The sedan will be launched at the Chengdu Auto Show, to be held on Sep 2, under the Cavalier nameplate.
General Motors is strengthening its Chevrolet portfolio in China. The new sedan will be using the Cavalier nameplate for the first time in China. According to the automaker, Cavalier will also complement the recently launched new-generation Cruze in China. Cruze is the best-selling model of General Motors, both in China and the global markets. Notably, the company sold 14,000 Cruze vehicles in China in July.
General Motor believes that the new compact sedan will appeal to buyers with young families. The Cavalier vehicles will offer fuel efficiency along with smart design and technology.
Nowadays, customers prioritize fuel efficiency. Cavalier features a 1.5L DVVT inline four-cylinder engine. Cavalier is expected to provide class-leading fuel efficiency of 5.4 liters/100 km. Customers can opt for six-speed automatic DSS intelligent transmission or a five-speed manual transmission.
General Motors hopes that customers will be attracted by Cavalier’s details and the brand’s new global design. The sedan will feature Chevrolet's signature dual-port grille in the front and a robust stretched rear-end design. This will offer refinement and dynamism to the vehicle.
In addition, the interior of the Cavalier vehicles is equipped with Chevrolet's classic dual-cockpit styling with ample front-seat space and a comfortable back seat. Customers’ comfort will also be enhanced with the PM2.5 fine particulate matter air filter. Moreover, the vehicle features a 7-inch HD touchscreen to deliver an interactive experience. In addition, consumers can avail Chevrolet's new-generation MyLink infotainment system.
General Motors and its joint ventures in China reported an 18% year-over-year increase in sales for Jul 2016, taking the figure to 270,529 vehicles. The improved performance was driven by solid sales of the Cadillac and Buick brands, and strong performance of the Baojun brand.
General Motors currently carries a Zacks Rank #3 (Hold).
Stocks that Warrant a Look
Some better-ranked automobile stocks include The Goodyear Tire & Rubber Company (GT - Free Report) , Ferrari N.V. (RACE - Free Report) and Gentex Corp. (GNTX - Free Report) , each carrying a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download7 Best Stocks for the Next 30 Days.Click to get this free report >>
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Image: Bigstock
General Motors' Chevrolet to Launch New Sedan in China
General Motors Company (GM - Free Report) announced that its Chevrolet brand will be introducing an all-new compact midsize family sedan in China. The sedan will be launched at the Chengdu Auto Show, to be held on Sep 2, under the Cavalier nameplate.
General Motors is strengthening its Chevrolet portfolio in China. The new sedan will be using the Cavalier nameplate for the first time in China. According to the automaker, Cavalier will also complement the recently launched new-generation Cruze in China. Cruze is the best-selling model of General Motors, both in China and the global markets. Notably, the company sold 14,000 Cruze vehicles in China in July.
General Motor believes that the new compact sedan will appeal to buyers with young families. The Cavalier vehicles will offer fuel efficiency along with smart design and technology.
Nowadays, customers prioritize fuel efficiency. Cavalier features a 1.5L DVVT inline four-cylinder engine. Cavalier is expected to provide class-leading fuel efficiency of 5.4 liters/100 km. Customers can opt for six-speed automatic DSS intelligent transmission or a five-speed manual transmission.
General Motors hopes that customers will be attracted by Cavalier’s details and the brand’s new global design. The sedan will feature Chevrolet's signature dual-port grille in the front and a robust stretched rear-end design. This will offer refinement and dynamism to the vehicle.
In addition, the interior of the Cavalier vehicles is equipped with Chevrolet's classic dual-cockpit styling with ample front-seat space and a comfortable back seat. Customers’ comfort will also be enhanced with the PM2.5 fine particulate matter air filter. Moreover, the vehicle features a 7-inch HD touchscreen to deliver an interactive experience. In addition, consumers can avail Chevrolet's new-generation MyLink infotainment system.
General Motors and its joint ventures in China reported an 18% year-over-year increase in sales for Jul 2016, taking the figure to 270,529 vehicles. The improved performance was driven by solid sales of the Cadillac and Buick brands, and strong performance of the Baojun brand.
GENERAL MOTORS Price
GENERAL MOTORS Price | GENERAL MOTORS Quote
General Motors currently carries a Zacks Rank #3 (Hold).
Stocks that Warrant a Look
Some better-ranked automobile stocks include The Goodyear Tire & Rubber Company (GT - Free Report) , Ferrari N.V. (RACE - Free Report) and Gentex Corp. (GNTX - Free Report) , each carrying a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download7 Best Stocks for the Next 30 Days.Click to get this free report >>