GM to Sell Chevy Cruze Diesel This Spring

by Nate Wooley | February 7, 2013 12:15 pm

[1]General Motors (NYSE:GM[2]) is bringing back the compact diesel car this spring.

In just a few months, GM will be selling a diesel-fueled Chevy Cruze in the U.S., The Washington Post is reporting[3]. The company is debuting the model today at the Chicago Auto Show.

General Motors is hoping to sell the diesel Cruze based on its better mileage and performance. Compared to gasoline-powered engines, diesel engines get better mileage and achieve better power at lower speeds leading to higher acceleration.

With the Cruze, GM expects to compete with Volkswagen (PINK:VLKAY[4]) and its diesel-powered Jetta. Volkswagen gets about 18% of its overall sales from various diesel models.

Gary Aultman, the chief engineer for Chevrolet’s small cars, told The Washington Post, “We expect to beat the Jetta in terms of price, features, range, even horsepower and torque.”

The price for the diesel Cruze will start at $25,695. The non-diesel Cruze starts at $17,940.

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Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2013/02/diesel-cruze.jpg
  2. GM: http://studio-5.financialcontent.com/investplace/quote?Symbol=GM
  3. The Washington Post is reporting: http://www.washingtonpost.com/business/hot-wheels-chevrolet-brings-diesel-engine-to-american-small-car/2013/02/07/dc137486-70e3-11e2-b3f3-b263d708ca37_story.html
  4. VLKAY: http://studio-5.financialcontent.com/investplace/quote?Symbol=VLKAY
  5. GM Looking to Buy Chinese Car Makers: http://investorplace.com/2013/02/gm-looking-to-buy-chinese-car-makers/
  6. Car Dealer Stocks: Kick the Tires Carefully: http://investorplace.com/2013/01/car-dealer-stocks-kick-the-tires-carefully/
  7. 7 Nominees for the Best Car of 2013: http://investorplace.com/2012/12/7-nominees-for-the-best-car-of-2013/

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