General Motors' Chevrolet To Debut 2020 Silverado HD In 2019

General Motor Company’s GM Chevrolet brand announced that the next-generation 2020 Silverado HD will be introduced in 2019. The new model will join 2019 Silverado 1500 and 2019 Silverado 4500/5500/6500HD, which are already available in the market. Recently, the company provided a preview of the latest Silverado HD before its launch in 2019.

Being one of the most successful truck manufacturers, Chevrolet will offer a new and extensive range of Silverado models, enabling customers to choose from a pool of options.

The new 2020 Silverado HD is designed keeping in mind the need of heavy-duty truck customers. On-road testing of the prototype is about to start soon. The model is scheduled to be available by the third quarter of 2019 and will be manufactured at the assembly plant in Flint, MI.

General Motors Company Price and Consensus

View photos

General Motors Company Price and Consensus | General Motors Company Quote

Earlier in March, the company introduced 2019 Silverado 4500HD, 5500HD and 6500HD models that are scheduled to hit the showrooms by the end of 2018. With a focus on easy-to-drive, these Silverado medium-duty trucks are designed for commercial customers.

Prior to this, in the Detroit Auto Show held in January, General Motors launched the 2019 Silverado 1500 model.

With rising demand for trucks, automakers are flooding the market with a number of options with specific configurations. This has enabled customers to choose per their requirements and investment capability.

Price Performance

Over the past year, shares of General Motors have outperformed the industry it belongs to. During the period, its stock has gained 16.8% in comparison with 5.1% growth recorded by the industry.

View photos


Zacks Rank & Key Picks

General Motors carries a Zacks Rank #3 (Hold). A few better-ranked stocks in the auto space are Fox Factory Holding Corp. FOXF, Cummins Inc. CMI and BorgWarner Inc. BWA, each carrying a Zacks Rank #2 (Buy). You can see

the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Fox Factory has expected long-term growth rate of 10.5%. Over a year, shares of the company have gained 30.7%.

Cummins has expected long-term growth rate of 11.4%. The stock has seen the Zacks Consensus Estimate for annual earnings being revised 0.3% upward over the last seven days.

BorgWarner has expected long-term growth rate of 8.6%. Shares of the company have risen 40% over a year.

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6% and +67.1%.

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.

See Them Free>>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report


General Motors Company (GM) : Free Stock Analysis Report


Fox Factory Holding Corp. (FOXF) : Free Stock Analysis Report


BorgWarner Inc. (BWA) : Free Stock Analysis Report


Cummins Inc. (CMI) : Free Stock Analysis Report


To read this article on click here.


Zacks Investment Research

Source :

Terima Kasih for visit my website
General Motors' Chevrolet to Debut 2020 Silverado HD in 2019
Chevy to launch all-new 2020 Silverado HD in fall 2019
First Look–2019 Chevrolet Silverado 4500HD, 5500HD, and 6500HD Revealed in Indy
Debut of 2020 Cadillac XT6 three-row crossover kicks off Detroit auto show
Chevrolet Goes Big With the 2020 Silverado HD
FCA Unveiling Heavy Duty Version Of Red-Hot Ram Pickup At North American Show In Detroit