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GM making Chevrolet a world brand

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Published: Sept. 21, 2004 at 12:07 PM
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DETROIT, Sept. 21 (UPI) -- General Motors plans to open as many as 1,800 new Chevrolet dealerships in Europe in a bid to make the brand a global force.

The head of GM Europe said the new dealerships should push Chevrolet's European sales to 500,000 vehicles a year "in the not-too-distant future," the Detroit Free Press reported Tuesday.

The Michigan corporation's goal is to use its Chevrolet brand as an umbrella to sell cars and trucks around the world, following a pattern set by Ford, Honda and Toyota.

Analysts praised the move.

"This is a good move," said Jim Hall, vice president for industry analysis in the Southfield office of consultant AutoPacific. "It would cost billions to create a new brand. The Chevrolet name has equity in big parts of the world already."

GM plans to give Chevrolet-branded models styling and features appropriate to mass-market models in the countries where they sell.

Topics: Jim Hall
© 2004 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

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