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NINETY EIGHT REGENCY

GM confirms global midsize pickup, not for U.S.

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GM confirms global midsize pickup, not for U.S.

By Mark Kleis

Leftlane recently exposed a series of patent images which were filed with a U.S. Patent Office, and now it appears as if those images may in fact represent a future global midsize truck for General Motors.

When Leftlane first posted the images of the unknown GM pickup, we speculated that it may represent a future Colorado replacement, but found it more likely that it would in fact be a global truck. Although GM still hasn’t specified which pickup those sketches represent, they have stated that Thailand will be the future home of production for a new midsize Chevrolet truck, according to Bloomberg.

Chevrolet also clarified that the truck will be destined for export for European and Southeast Asian markets, and that Brazil would eventually produce the truck as well.

“The logical consequence is to build where the customer wants it, as that keeps your costs down,” said Martin Apfel, executive director of GM’s southeast Asian operations. Apfel also added that production locations will be based on the “two centers of gravity for midsize trucks,” referring to Thailand and Brazil.

In total, GM expects 100,000 trucks to be produced in their first year. Currently, GM produces both the Chevrolet Aveo and Colorado at its Rayong, Thailand, plant, but expects to boost production to over 80,000 units in 2010 – compared to less than 40,000 units in 2009. Although not explicitly stated, this suggests that the new pickup will in fact carry the Colorado name, given the increase in production compared to expected production of the “unnamed truck.”

GM is utilizing three different loans from Thai banks for undisclosed amounts in order to finance the expansion of its Thailand manufacturing facilities.

link:

http://www.leftlanenews.com/gm-confirms-global-midsize-pickup-not-for-u-s.html

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