GM shares hit new record on plans for electric Chevy Silverado pickup


The new 2019 Chevrolet Silverado 1500 makes its official debut at the 2018 North American International Auto Show January 13, 2018 in Detroit, Michigan.

Bill Pugliano | Getty Images

DETROIT — Shares of General Motors closed at a new record Tuesday after the automaker confirmed plans to produce an all-electric Chevrolet Silverado pickup at an assembly plant for EVs that’s under construction in Detroit.

The automaker’s stock closed up 1.5% at $61.94 a share, setting a new closing record, after hitting an intraday high of $63.44 earlier Tuesday. Both the closing and intraday prices were all-time records since the automaker emerged from bankruptcy at the tail end of the Great Recession and 


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