The Clean Turbo Diesel is the latest variant of the current Chevy Cruze, which has sold well since its introduction. Photo credit: GM
Since its introduction in 2009, the Chevrolet Cruze has been a strong seller for General Motors (NYSE: GM ) -- a surprise of sorts in a segment where GM has traditionally had very weak offerings. But the Cruze wasn't just GM's best-ever compact car when it was launched; it was a surprisingly solid competitor with the likes of Toyota's (NYSE: TM ) Corolla and Honda's (NYSE: HMC ) Civic.
But even great cars age, and there's an all-new Cruze under development. It was expected late next year, but now, Reuters is reporting that the new Cruze has been delayed until late 2015. What's the deal? In this video, Fool.com contributor John Rosevear looks at what are likely the real reasons for the delay, and whether that's a good sign -- or a bad one -- for the progress of GM's ongoing turnaround.
China is already the world's largest auto market -- and it's set to grow even bigger in coming years. A recent Motley Fool report, "2 Automakers to Buy for a Surging Chinese Market," names two global giants poised to reap big gains that could drive big rewards for investors. You can read this report right now for free -- just click here for instant access.
No comments:
Post a Comment