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4-Traders Homepage  >  Equities  >  Nyse  >  General Motors Corporation    GM

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General Motors : Redesigned Chevy Silverado pickup loses weight, gains size

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01/14/2018 | 12:32am CET

DETROITGeneral Motors is making the new Chevrolet Silverado pickup bigger yet lighter so it's more fuel efficient.

The company unveiled the 2019 full-size pickup Saturday night ahead of Detroit's auto show.

GM says the new truck is 450 pounds lighter than the current one through use of aluminum in the doors, hood and tailgate. Yet it's just under 2 inches longer than the old one for more space in the cargo bed and a roomier interior.

The 2019 truck is due in showrooms in the fall.

The Silverado is the second-best selling vehicle in the U.S. and is outsold only by Ford's F-Series pickups.

© 2018 The Canadian Press. All rights reserved., source Canadian Press DataFile

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Financials ($)
Sales 2017 146 B
EBIT 2017 12 295 M
Net income 2017 6 814 M
Finance 2017 5 643 M
Yield 2017 3,54%
P/E ratio 2017 10,96
P/E ratio 2018 7,44
EV / Sales 2017 0,39x
EV / Sales 2018 0,40x
Capitalization 62 768 M
Chart GENERAL MOTORS CORPORATION
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General Motors Corporation Technical Analysis Chart | GM | US37045V1008 | 4-Traders
Technical analysis trends GENERAL MOTORS CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 46,8 $
Spread / Average Target 6,0%
EPS Revisions
Managers
NameTitle
Mary Teresa Barra Chairman & Chief Executive Officer
Daniel Ammann President
Charles K. Stevens Chief Financial Officer & Executive Vice President
Randall D. Mott Chief Information Officer & Senior Vice President
Patricia Fiorello Russo Independent Director
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