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SVTPerformance's Chain of Restaurants
Road Side Pub
Current New Vehicle Market
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<blockquote data-quote="Weather Man" data-source="post: 16717959" data-attributes="member: 137766"><p><h3><a href="https://seekingalpha.com/news/3787229-general-motors-plans-to-launch-online-car-marketplace-this-spring?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">General Motors plans to launch online car marketplace this spring</a></h3><p><a href="https://seekingalpha.com/symbol/GM" target="_blank">GM +0.32%</a>Jan. 11, 2022 2:17 PM ET<a href="https://seekingalpha.com/news/3787229-general-motors-plans-to-launch-online-car-marketplace-this-spring?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain#scroll_comments" target="_blank">2 Comments</a></p><ul> <li data-xf-list-type="ul">General Motors Company (<a href="https://seekingalpha.com/symbol/GM" target="_blank">GM</a> +0.2%) is <a href="https://www.detroitnews.com/story/business/autos/general-motors/2022/01/11/general-motors-launch-online-used-car-dealership-carbravo/9170630002/" target="_blank">launching</a> an online used vehicle market this spring called CarBravo. While the platform is expected to largely facilitate sales to dealers, it places GM in closer competition to online sellers like Carvana (<a href="https://seekingalpha.com/symbol/CVNA" target="_blank">CVNA</a> +2.9%), CarMax (<a href="https://seekingalpha.com/symbol/KMX" target="_blank">KMX</a> -0.7%) and Vroom (<a href="https://seekingalpha.com/symbol/VRM" target="_blank">VRM</a> +5.7%).</li> <li data-xf-list-type="ul">The new site is expected to debut this spring with Chevrolet, Buick and GMC dealers offering GM-branded vehicles as well as used vehicles from other automakers.</li> <li data-xf-list-type="ul">General Motors already sells online to consumers directly through its website where a GM Hummer EV can be reserved in a few clicks.</li> <li data-xf-list-type="ul">The biggest GM news this year is the boost in orders for <a href="https://seekingalpha.com/news/3785527-gms-brightdrop-lands-more-electric-van-orders-from-walmart-and-fedex" target="_blank">BrightDrop electric delivery vans.</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16717959, member: 137766"] [HEADING=2][URL='https://seekingalpha.com/news/3787229-general-motors-plans-to-launch-online-car-marketplace-this-spring?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']General Motors plans to launch online car marketplace this spring[/URL][/HEADING] [URL='https://seekingalpha.com/symbol/GM']GM +0.32%[/URL]Jan. 11, 2022 2:17 PM ET[URL='https://seekingalpha.com/news/3787229-general-motors-plans-to-launch-online-car-marketplace-this-spring?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain#scroll_comments']2 Comments[/URL] [LIST] [*]General Motors Company ([URL='https://seekingalpha.com/symbol/GM']GM[/URL] +0.2%) is [URL='https://www.detroitnews.com/story/business/autos/general-motors/2022/01/11/general-motors-launch-online-used-car-dealership-carbravo/9170630002/']launching[/URL] an online used vehicle market this spring called CarBravo. While the platform is expected to largely facilitate sales to dealers, it places GM in closer competition to online sellers like Carvana ([URL='https://seekingalpha.com/symbol/CVNA']CVNA[/URL] +2.9%), CarMax ([URL='https://seekingalpha.com/symbol/KMX']KMX[/URL] -0.7%) and Vroom ([URL='https://seekingalpha.com/symbol/VRM']VRM[/URL] +5.7%). [*]The new site is expected to debut this spring with Chevrolet, Buick and GMC dealers offering GM-branded vehicles as well as used vehicles from other automakers. [*]General Motors already sells online to consumers directly through its website where a GM Hummer EV can be reserved in a few clicks. [*]The biggest GM news this year is the boost in orders for [URL='https://seekingalpha.com/news/3785527-gms-brightdrop-lands-more-electric-van-orders-from-walmart-and-fedex']BrightDrop electric delivery vans.[/URL] [/LIST] [/QUOTE]
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