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GENERAL MOTORS CORPORATION (GM)
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General Motors : Chevrolet Introduces Next-generation Silverado

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01/14/2018 | 05:30am CEST

WASHINGTON (dpa-AFX) - General Motors Co. (GM) said Saturday that Chevrolet introduced the next-generation Silverado today, exactly 100 years after the brand delivered its first trucks to customers in January 1918. The all-new Silverado sets the course for the next century of Chevy Trucks with the most functional bed of any full-size truck, weighs up to 450 pounds less for increased performance and offers a broad range of trims and engine/transmission combinations.

The 2019 Silverado is larger than before, including a wheelbase that is up to 3.9 inches (100 mm) longer and an overall length that is 1.6 inches (41 mm) longer, enabling both more cargo volume and more interior room for all cab lengths. Remarkably, it's also lighter, weighing 450 pounds (204 kg) less than today's truck when comparing crew cab V-8 models.

The 2019 Silverado will be available with six engine/transmission combinations, giving customers more combinations of performance, efficiency and value to best fit their priorities. This includes new 5.3L and 6.2L V-8s with industry-first Dynamic Fuel Management that actively shuts off any number of cylinders, in a variety of combinations, depending on immediate needs to optimize fuel economy.

The Silverado will also be available with an all-new Duramax 3.0L inline-six turbo-diesel. Chevrolet offers diesel engines in more segments and models than any other brand, including Equinox, Cruze, Colorado, Express, Silverado 1500, Silverado HD and upcoming Silverado medium-duty models.

Copyright RTT News/dpa-AFX, source International Compact

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Financials ($)
Sales 2018 146 B
EBIT 2018 9 837 M
Net income 2018 7 522 M
Finance 2018 5 054 M
Yield 2018 4,94%
P/E ratio 2018 5,72
P/E ratio 2019 5,52
EV / Sales 2018 0,27x
EV / Sales 2019 0,27x
Capitalization 44 852 M
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 43,9 $
Spread / Average Target 38%
EPS Revisions
Managers
NameTitle
Mary Teresa Barra Chairman & Chief Executive Officer
Daniel Ammann President
Dhivya Suryadevara Chief Financial Officer
Randall D. Mott Chief Information Officer & Senior Vice President
Patricia Fiorello Russo Independent Director
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