GM folding its all-electric BrightDrop vans into Chevrolet brand
Publishing timestamp: 2024-08-29 11:00:02
Summary
GM is folding its electric BrightDrop commercial vans into the Chevrolet brand to increase sales and accessibility. The move is expected to expand selling and service points to Chevrolet's large network of North American dealers. Despite high expectations, BrightDrop's sales and revenue have not met initial targets.
Sentiment: NEUTRAL
Tickers: GM,
Keywords: business news, general motors co, climate, business, detroit, breaking news: business, autos, transportation,
Source: https://www.cnbc.com/2024/08/29/gm-brightdrop-electric-vans-ev-chevrolet-brand.html