BIG PROFITS: GM Now Owns Two Thirds Of The Large SUV Market

General Motors sees a future for its large SUVs, despite recent departures by foreign importers.

“We’re happy with the market,” Chief Financial Officer Dan Ammann says at a press conference here to unveil Chevrolet’s ’15 model Suburban and Tahoe.

The two share advances with GM’s other ’15 model large SUVs introduced the same day, including more efficient EcoTec3 powertrains that deliver improved aerodynamics, a quieter ride and greater estimated highway fuel economy based on GM testing.

GM through August held 66.5% of the large SUV market, including sales of the Cadillac Escalade, according to WardsAuto data.

2015 Chevy Tahoe And Yukon Denali Full Line