The ICE-powered Equinox is attracting young buyers and average transaction prices have shot up around $6,000
GM had a strong third quarter as the company reported revenues of $48.8 billion. Helping to aid that success was an assortment of new and highly profitable vehicles including the Chevrolet Traverse and GMC Acadia. The company’s full-size trucks and SUV s are also performing well, and updated versions of the Chevrolet Tahoe / Suburban, GMC Yukon, and Cadillac Escalade will arrive at dealers shortly.
Speaking of the latter, she said “we are focused on optimizing our ICE margins and working to make our EVs profitable on an EBIT basis as quickly as possible.” Since most of the financial stuff is a snooze fest, let’s look at some interesting tidbits. Among the key points GM wanted to hammer home was leadership in full-size trucks and SUVs. They’re “#1 in full-size pickups” and are enjoying the best year-to-date total sales since 2007.
Chevrolet Equinox Chevrolet Silverado Electric Vehicles GM GMC GMC Sierra SUV Trucks
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