Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

2014 Chevy Impala is a Game-Changer: Here’s Why

2014 Chevy Impala: According to a report by The Globe and Mail, the 2014 Chevy Impala sedan has shown great returns for General Motors Company (NYSE:GM). This new vehicle not only has a great design, but is affordable and has managed to obtain impressive ratings from Consumer Reports. All models, except for the base LS version, come with 306 horsepower, 3.6 liter V-6 engines and start at $29,110.

General Motors Company (NYSE:GM)

What impressed the public was not the car itself, but the high rating Consumer Reports and other respected publications gave the Impala. The 2014 model was a big hit for GM, reaching a score of 95 out of 100. Only the BMW 135i and the Tesla Motors Inc (NASDAQ:TSLA) Model S have reached higher values. However, unlike the Impala, these two vehicles are in the luxury segment of the industry. This makes the score achieved by GM’s much cheaper sedan even more valuable for the car manufacturing giant. Also, considering the 2013 Impala only reached a score of 63, a great deal of improvement is evident.

The 2014 Chevy Impala has taken design elements from Buick and Cadillac, which meant taking a totally new approach to the sedan. The older version of the vehicle was rather dull, and driven mainly as a rental car. Offering only very little more than an engine, GM could not trust the public to actually purchase the vehicle. Opposite to previous models, the 2014 model is spinning heads, making up for 80% of the 76% increase in Impala sales. Also, customers are willing to pay more for the improved version, as the average purchasing price for the new sedan is up by more than $8,000 compared to the older model. Tesla’s Model S is living proof that the industry has changed, and customers want quality vehicles, even if the price tag is heftier.

Joe Phillippi of Auto Trends Consulting told the Globe and Mail, “It’s the vehicle that’s going to make your brand statement, which historically was affordable quality.”

Disclosure: Pablo Erbar holds no position in any stocks mentioned

Recommended Reading:

Should Tesla Motors Worry About Cadillac?

GM Stock Buyback: The Details You Need To Know

This ‘Hidden’ Market Is Waiting For Obama — But You Can Invest Now

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!