General Motors — the manufacturer of Buick, Cadillac, Chevrolet, and GMC vehicles — has confirmed the end of one of the most popular sedans in the U.S. as the company switches focus to electric vehicles .
SUVs and trucks now dominate the auto market, with traditional cars making up less than 20 percent of total U.S. vehicle sales, CNN reported, citing In its crusade to become a staple in American homes, GM said it sold more than ten million Malibus in the nine generations since its introduction.
Source: Car News Wire (carnewswire.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
General Motors announces that it will stop making the Chevy MalibuThe midsize sedan was once the top-selling segment in the U.S.
Source: 10News - 🏆 732. / 50 Read more »
CEO Mary Barra Says General Motors ‘Committed to China’ Despite $106M in Quarterly LossesSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »
General Motors Faces Class Action Lawsuit Over Camaro Key Fob SecurityThe plaintiffs say that key fobs for late model Camaros are defective and have led to a spike in vehicle thefts
Source: Carscoop - 🏆 306. / 63 Read more »
General Motors reports strong first-quarter profits as prices help offset small US sales dipDespite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles. The Detroit automaker said that while its average sales price per vehicle was down slightly from last year at just under $50,000, pickup sales remained strong.
Source: AP - 🏆 728. / 51 Read more »
Stocks making the biggest moves midday: Spotify, JetBlue, Danaher, General Motors and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest premarket moves: General Motors, GE Aerospace, Novartis, JetBlue and moreThese are the stocks posting the largest moves in the premarket.
Source: CNBC - 🏆 12. / 72 Read more »