GM Goes Upscale With Its Full-Size SUVs
The Chevy Tahoe and Suburban -- as well as the similar GMC Yukon -- are extremely important to General Motors. The company dominates this highly profitable full-size SUV space with a 74% market share. Ford, with its Expedition and Lincoln Navigator twins, is a distant second place behind the GM fleet, though it's widely expected to offer redesigned 2015 models. Meanwhile, Nissan (Armada), Toyota (Sequoia), and others fight for the leftovers.
And so, GM's unveiling of the redesigned Tahoe and Suburban last week in New York was officially a Big Deal. Our roving reporter Rex Moore was at the event and, along with senior auto analyst John Rosevear, was generally impressed with the new vehicles.
In this segment of a multipart video series, Rex goes straight to the designers and engineers for details on the refreshed vehicles. Today, he speaks with lead designer Bryan Priebe about the high-end materials built into these SUVs.
Meanwhile, on the other side of the world...
There's good reason to believe that the most successful investors over the next few decades will be those with exposure to China's massive and growing population of domestic consumers. And there are few things that these consumers are likely to purchase with more enthusiasm than cars and trucks. In this brand-new free report, our analysts get out in front of this trend by identifying two automakers that are poised to surge along with China's middle class. If you want to be among the smart investors who get rich from this growing trend, then you'd be well advised to instantly download our free report on the topic by clicking here now.
The article GM Goes Upscale With Its Full-Size SUVs originally appeared on Fool.com.Rex Moore has no position in any stocks mentioned. The Motley Fool recommends Ford and General Motors. The Motley Fool owns shares of Ford. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.