GM has a secret to help sell its new EVs. It's Costco
Publishing timestamp: 2024-06-07 11:05:11
Summary
GM is increasingly using Costco Auto Program for EVs to expand its reach to Costco's more than 50 million members in the U.S. The program offers special pricing on vehicles, including discounts and incentives, and has facilitated over 500,000 vehicle sales annually. This partnership could help boost EV sales and make them more accessible to consumers.
Sentiment: POSITIVE
Tickers: F, AN, GM, LAD, VOW-FF, VOW3-DE, COST, VLKAF,
Keywords: costco wholesale corp, business, volkswagen ag, electric vehicles, breaking news: business, lithia motors inc, transportation, ford motor co, autonation inc, business news, autos, general motors co, retail industry,
Source: https://www.cnbc.com/2024/06/07/gm-costco-auto-program-evs.html