Buying a Chevy? You May Want to Wait Until This Summer

Couldn't make it to the 2014 International Consumer Electronics Show? Never fear -- the Fool was there to check out the tech and report back on who was there and what was new. With thousands of products in more than 15 categories, the next big thing was surely making its debut at the CES in Las Vegas.

Many carmakers are looking at built-in wireless connectivity, and Chevrolet has taken the plunge. Starting this summer, several models of Chevy will come with 4G LTE and a suite of apps for information, entertainment, navigation, and more.

It's technology like this that's led David Gardner to impossible gains like 926%, 2,239%, and 4,371% and he's ready to do it again. You can uncover his scientific approach to crushing the market today by simply clicking here now. Access is limited, so act fast!

A full transcript follows the video.

Eric Bleeker: Hey, Fools. I'm Eric Bleeker at the CES convention, and we're on the floor. This is very much now a car show -- cars are taking over -- it's quite unbelievable!

We're at Chevrolet right now, and one of the major announcements has been that you guys are actually going to begin building 4G or LTE service into cars. Could you tell me a little bit about this?

Chevy Representative: Absolutely, and thank you for coming to the Chevrolet booth today. Basically, we made an announcement that on 2015 models -- so this summer -- we're including OnStar 4G LTE into our vehicles. What this allows us to do is that you don't need to use your cell phone anymore to power the app, the idea being that as a consumer you don't have to worry about your phone; it just works.

In addition to the 4G announcement, we've also announced the Chevrolet App Shop. This is actually an application ecosystem that is embedded into the vehicle, so again, no need for a phone whatsoever. We're launching with 11 different apps in kind of a broad category -- music, priceline.com to schedule hotels -- it looks close to you.

Our big thing, we're not going after the total quantity of applications. We're going after quality, so we work with developers to really create apps that enhance the life of someone who's driving a vehicle. It has to give a benefit, so that means changing icons, making buttons larger, making it easier for someone who's driving a vehicle to use.

Bleeker: Sure. Just as a couple examples, what are some media applications that you guys would have?

Chevy Representative: We're launching with iHeart Radio, TuneIn, we have Slacker -- those are some great examples of some music-based apps -- we also have Kaliki and Glympse.

Glympse allows you to share your GPS location, for a set period of time, with a friend. Say for instance we're meeting somewhere, and I'm from out of town. Instead of you constantly pestering me -- "Where are you? Where are you?" -- for a set period of time it's actually going to let you track me. Then WeatherChannel.com always is a very popular app.

Bleeker: Great. What percent of your fleet size will this be an option on?

Chevy Representative: I couldn't really give you a percent. I could actually tell you the specific models. For 2015 we're going to put this on our Spark, Spark EV, Silverado, Silverado HD, Impala, Malibu, and Equinox, and finally the Volt.

Bleeker: Great. Final question -- pricing, we had talked before, to be determined. Who are you working with to bring the actual connectivity here?

Chevy Representative: Correct. The OnStar 4G LTE is an agreement with AT&T (NYSE: T  ) .

Bleeker: Great. Thank you very much for taking our questions.

Chevy Representative: No problem; thank you.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2800958, ~/Articles/ArticleHandler.aspx, 9/30/2014 7:59:37 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement