Watch stocks you care about
The single, easiest way to keep track of all the stocks that matter...
Your own personalized stock watchlist!
It's a 100% FREE Motley Fool service...
GM- (NYSE: GM ) owned Chevrolet and GMC debuted their redesigned 2014 Silverado and Sierra 1500 pickups today. According to a company press release, the companies' newest models are designed to be "the most refined, best engineered full-size pickups in the market."
According to Mark Reuss, President of GM North America:
The new Sierra and Silverado are more differentiated than ever in unique features and materials, in their standard content and in their design and details. These are two strong and distinct brands – each one appealing to a different kind of customer.
In addition to aesthetic overhauls and comfort improvements, the new models sport "EcoTec3" engines that can switch to four-cylinder mode to improve fuel efficiency.
In Q3 2012, trucks accounted for 59% of total North America sales, in terms of vehicles sold. GM sold 447,000 trucks in Q3 2012, down 5.5% from Q3 2011's 473,000.
For more information on GM's new releases, visit www.futureofpickups.com.
It's true that decades of mismanagement of General Motors led to a painful bankruptcy in 2009, but it emerged a leaner, stronger company. GM's turnaround, however, is still a work in progress. Investors around the world are wondering if GM has what it takes to reclaim its former glory. John Rosevear has put together a brand-new premium research report telling you what you need to know about GM and its turnaround. If you own, or are thinking about owning, GM, then you don't want to miss this report. Click here now to get started.