GM Unveils 2014 Buick LaCrosse - Analyst Blog
March 27 2013 - 5:09AM
Zacks
General Motors Company (GM) showcased the
redesigned 2014 Buick LaCrosse at the New York International Auto
show. The mid-sized luxury sedan will be manufactured in the
Fairfax plant in Kansas City, KS.
In order to attract young buyers, the vehicle is equipped with LED
daytime running lamps and LED tail lamps. The sculpted body shape
including new grill will help in reducing aerodynamic drag and
improve fuel efficiency of the vehicle.
The vehicle is equipped with advanced safety features including
radar- and camera-based Side Blind Zone Alert, Lane Change Alert,
Lane Departure Warning, Rear Cross Traffic Alert and Automatic
Collision Preparation. All the systems work together with the
Safety Alert Seat, which provides vibration pulses along with other
visual or audio warnings.
The interior is also remodeled with new seats, redesigned
instrument panel with intuitive controls and voice recognition. The
car comes with two powertrain options: the 2.4L engine with eAssist
light electrification and 3.6L direct-injected V-6.
General Motors has a presence in almost 120 countries and has
facilities located in 30 countries. It currently retains a Zacks
Rank #3 (Hold).
General Motors posted an increase in profits to $0.8 billion or 48
cents per share in the fourth quarter of 2012 compared with $0.7
billion or 39 cents in the same quarter of 2011. The earnings per
share missed the Zacks Consensus Estimate by a penny.
Revenues moved up 3.4% to $39.3 billion in the quarter, higher than
the Zacks Consensus Estimate of $38.6 billion. Unit sales escalated
4.2% to 2.3 million vehicles. The improvement was driven by an
increase in worldwide sales volume to 2.3 million units.
Few stocks that are performing well in the industry where General
Motors operates include Gentherm Incorporated
(THRM), STRATTEC Security Corporation (STRT) and
Visteon Corp. (VC). All these companies carry a
Zacks Rank #1 (Strong Buy).
GENERAL MOTORS (GM): Free Stock Analysis Report
(STRT): Get Free Report
GENTHERM INC (THRM): Free Stock Analysis Report
VISTEON CORP (VC): Free Stock Analysis Report
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