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GM turns scavenger in U.S. diesel market

Sep. 24, 2016 9:00 AM ETGeneral Motors Company (GM) StockGMBy: Clark Schultz, SA News Editor11 Comments
  • General Motors (NYSE:GM) hopes to fill a void in the U.S. diesel market created by the Volkswagen emissions scandal. Volkswagen's sales in the U.S. have plummeted since the company admitted using an emissions test defeat device.
  • The Detroit automaker plans to offer a diesel option of the 2018 Chevrolet Equinox and next year's Chevrolet Cruze. Execs feel there is still some underlying demand with consumers who prefer the advantages of diesel.
  • GM has its bases covered with the development of the all-electric Bolt off to a strong start. The Bolt could be mass produced down the road if high gas prices stoke EV demand.

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