January 12, 2014

GM counts on redesigned Canyon to pull sales from rivals


General Motors Co (GM.N) will not mind if its new GMC Canyon steps on the toes of its larger cousin the Chevrolet Silverado, as long as the redesigned mid-sized pickup truck stomps on vehicle sales by other automakers.

Executives at the No. 1 U.S. automaker are counting on the 2015 Canyon pickup when it debuts in the fall to be a "true conquest machine" that will attract full-size truck owners from rival brands. Target buyers include those who want something smaller and people who currently drive crossover vehicles but want the utility of a truck.