General Motors Co. and Nissan announced the companies have signed an agreement
for Nissan to produce a small cargo vehicle that GM will sell in the United
States and Canada.
According to a release, GM will procure the vehicle from Nissan and distribute it through the Chevrolet dealer network. GM expects the Chevrolet City Express, based on the Nissan NV200, to be available for sale in the fall of 2014.
"Our fleet customers have asked us for an entry in the commercial small van segment, so this addition to the Chevrolet portfolio will strengthen our position with fleets and our commercial customers," said Ed Peper, U.S. vice president of GM Fleet and Commercial Sales.
Joe Castelli, Nissan vice president, commercial vehicles and fleet added, "Working with partners to expand markets for our innovative products enhances Nissan's growth and manufacturing efficiency by leveraging our capacity to meet growing demand in this space."
Nissan currently sells a version of the vehicle as the NV200 in numerous markets globally, including the United States and Canada. The Nissan NV200, a spacious-yet-compact commercial vehicle, is a previous winner of the International Van of the Year Award. Cost of ownership for the vehicle is among the lowest in the class due to low running costs, the high efficiency of the engines and drivetrains and a safety structure that helps to minimize crash damage.
The price of the Chevrolet City Express will be announced later.
Most Popular Stories
- Michael Jackson, Freddie Mercury on Previously Unreleased Queen Cut
- 10 Things to Know About Alibaba
- Five Steps to Protect Yourself from Data Breaches
- Concur Sold to SAP for $8.3B
- Federal Probe Finds Christie Did Not Order 'Bridgegate'
- Chrysler Recalls Nearly 189,000 SUVs
- Intruder Gets into White House
- HCL America Adding 1,200 IT Jobs
- Medical Mfg. Jobs Coming to Dayton
- Longtime Unemployed to Get Help in Las Vegas