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GM ready to launch new large SUVs as plants restart
GM’s money makers are in big SUVs
Fox News automotive editor Gary Gastelu on Chevy’s new SUV lineup.
DETROIT - General Motors Co is ready to start building its new generation of large sport utility vehicles at a plant in Arlington, Texas, when it reopens North American assembly plants on May 18, Philip Kienle, the automaker's North American manufacturing chief, told Reuters on Thursday.
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The big SUVs, including the Cadillac Escalade and Chevrolet Suburban, are critical to the automaker's profitability, and especially so now that GM has taken on billions in new debt and suspended its dividend to ride out the coronavirus crisis.
GM EKES OUT PROFIT AS CORONAVIRUS SLAMS BUSINESS
Workers at the Arlington plant volunteered to finish the last of the current generation of GM's Cadillac Escalade, Chevrolet Suburban and GMC Yukon SUVs after GM shut down most operations in March.