GM To Make Electric Chevrolet Corvettes: CNBC

• General Motors Co (NYSE:GM) President Mark Reuss said the company will produce an electrified Chevrolet Corvette in 2023, CNBC reported.
• Reuss did not disclose whether the electrified model would be a traditional or plug-in hybrid electric vehicle.
• He assured the automaker would continue manufacturing traditional models with internal combustion engines alongside the electrified models.
• GM has announced plans to exclusively sell electric vehicles by 2035.
• Price Action: GM shares are trading lower by 1.54% at $39.23 on the last check Monday.