Dark Posted January 23, 2019 Posted January 23, 2019 These vehicles will also be exported to other emerging countries, but General Motors rules out marketing them in Europe and the United States. The Detroit giant, which is in the middle of a restructuring phase, announced in November the closure of factories and the elimination of thousands of jobs in the United States, to the annoyance of President Donald Trump. With the production and sale of cheap vehicles in emerging countries, GM expects to reduce its costs and its weakness in the face of commercial tensions, while limiting the impact of currency fluctuations. The automaker, which has teamed up with Chinese public company SAIC, expects to produce just over two million low-cost cars a year. It may interest you: The euphoria for becoming an 'intelligent company' It is late however to this segment of the market in which Renault-Nissan-Mitsubishi and the German Volkswagen are already present. The US group, which has invested US $ 5 billion in this initiative, hopes to incorporate the latest safety technologies in its vehicles and promises that its CO2 emissions will comply with the standards. GM has not given, however, any detail on the first electric Cadillac. It is not known where they will be assembled nor the start date of their production. It is also not known what kind of car they will be, whether a sedan, an SUV or a crossover. So far, the company had only manufactured electric cars under its Chevrolet brand (the Chevrolet Volt, whose production was discontinued, and the Chevrolet Bolt), without achieving the commercial success it expected. 1
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