GM is getting back into a major auto segment


General Motors [fortune-stock symbol=”GM”] is planning to re-enter the U.S. market for medium-duty work trucks, according to a report, signaling the automaker’s return to a growing and potentially lucrative section of the automotive space where it has been absent for several years.

GM will develop the new vehicle with its longtime partner Isuzu, a Japanese automaker. Isuzu will build the truck, called the N-Series, but it will be branded and sold by GM in the U.S. under the Chevrolet nameplate, reports The Wall Street Journal.

This isn’t a terribly strange arrangement. The Journal notes that GM already buys vans produced by Nissan and sells them in the U.S.

The return to the medium-duty work truck market is another attempt by GM’s CEO Mary Barra to re-establish the GM brand, the Journal said. The automaker abandoned the segment of the automotive market in 2009 when it went through a bankruptcy…

View original post 17 more words


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s