GM positions new Chevy Trax, Buick Envista crossovers to fill an affordability gap
Publishing timestamp: 2023-07-11 09:00:01
Summary
General Motors is introducing two new crossovers, the 2024 Buick Envista and the redesigned 2024 Chevrolet Trax, to address affordability concerns caused by the discontinuation of cheaper sedans. The average price of new vehicles has increased, pushing some buyers out of the market. GM's new crossovers are competitively priced and expected to be among their bestsellers. The vehicles offer standard safety and convenience features and are powered by a 1.2-liter turbocharged engine. GM aims to attract new buyers and increase sales with these new models.
Sentiment: NEUTRAL
Tickers: HYUO-GB, GM, 7203.T-JP, TM, .FKRX300,
Keywords: general motors co, detroit, breaking news: business, autos, transportation, toyota motor corp, business, hyundai motor co, business news,
Source: https://www.cnbc.com/2023/07/11/gm-chevy-trax-buick-envista-crossovers-priced-for-affordability.html