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Found 184 results

  1. Chevrolet’s Retail Sales Outperform the Industry Retail Crossover Sales Soar at Chevrolet, Cadillac, Buick and GMC; Commercial and Government deliveries up sharply DETROIT — General Motors (NYSE: GM) today reported 245,387 deliveries in the United States in November, with large year-over-year increases in sales of Chevrolet, Cadillac, Buick and GMC crossovers to individual “retail” customers. Chevrolet crossovers were up 16 percent, driven by a 59 percent increase for the Traverse, which had its best November retail and total sales ever. The Bolt EV had its best month yet. The Cadillac XT5 was up 11 percent. Buick crossovers were up 20 percent after Enclave deliveries more than doubled. Envision deliveries were up 2 percent. Buick’s new Avenir premium sub-brand is off to a strong start. About 30 percent of 2018 Enclave deliveries are Avenir models. GMC crossovers were up 11 percent, driven by a 4 percent increase for the Acadia and a 20 percent increase for the Terrain, which gained a full point of segment share month over month as availability grew. Overall retail sales were essentially equal to last November. Commercial and government deliveries were up a combined 7 percent, driven by a 30 percent increase in full-size pickup sales and a 35 percent increase for the Chevrolet Tahoe PPV (Police Pursuit Vehicle). Total fleet sales were down 13 percent after a 24 percent reduction in daily rental deliveries. Total sales were down 3 percent. Crossovers, strong SUV sales and a record November for GMC Denali sales helped the company’s average transaction prices (ATPs) surpass $37,000 for the first time ever. GM’s ATPs were about $4,500 above the industry average and nearly $2,000 higher than any domestic competitor. Chevrolet Momentum Retail sales for Chevrolet were up 2 percent year over year, while the retail industry is expected to be up about 1 percent. It was Chevrolet’s best retail November performance since 2004. The brand’s strong year-over-year retail performance extended to passenger cars, SUVs and pickups, which helped the brand outperform the industry: Colorado deliveries were up 18 percent for its best November ever. The Tahoe and Suburban were up a combined 12 percent. Chevrolet passenger cars were up 1 percent, with the Corvette, SS, Impala, Sonic and Spark all posting sharply higher sales. Strong Economic and Sales Outlook “More vehicles are sold in December than any other month and we are very well positioned because we have momentum in so many segments, but especially in crossovers,” said Kurt McNeil, U.S. vice president of Sales Operations. “When we close the books on 2017, GM will show very healthy inventory levels, significantly lower daily rental sales for the third year in row, and the best year in our history for crossover deliveries by far.” “U.S. economic growth has stepped up and we expect the momentum will carry over to 2018,” added GM Chief Economist Mustafa Mohatarem. “Employment continues to grow at a solid pace, wage growth will accelerate and consumer confidence just hit a 17-year high, so industry sales should remain strong.” Other November Highlights GM’s ATPs were up more than $650 from October and more than $1,400 from a year ago. GM is on track to close 2017 with significantly fewer vehicles in stock than it had in December 2016. GM’s November incentive spending was an estimated 12.9 percent of ATP, per JD Power PIN, which is in line with the industry average. Spending was down 0.3 percentage points from October and 0.8 points year over year.
  2. GMC had a bit of a surprise for the Dubai International Motor Show with the Desert Fox Middle East truck concept. Desert Fox was a special package available on the 1977 GMC C/K 1500 pickup that featured a tan (Buckskin) exterior color with color stripes running along the sides and hood. The package also featured a brush guard, bed mounted sports bar, additional lights, and tan colored wheels. This package was also available for the Jimmy SUV. This Sierra 1500-based concept brings this package into the modern era with the same paint color and stripe layout. It also comes outfitted with some off-road goodies such as an off-road bumper with a winch, beadlock wheels wrapped in desert-terrain tires, bed-mounted sports bar with LED lights, skid plates, and a new exhaust system. No mention of a powertrain but we're thinking it could the 5.3L V8. Source: Car and Driver
  3. GMC had a bit of a surprise for the Dubai International Motor Show with the Desert Fox Middle East truck concept. Desert Fox was a special package available on the 1977 GMC C/K 1500 pickup that featured a tan (Buckskin) exterior color with color stripes running along the sides and hood. The package also featured a brush guard, bed mounted sports bar, additional lights, and tan colored wheels. This package was also available for the Jimmy SUV. This Sierra 1500-based concept brings this package into the modern era with the same paint color and stripe layout. It also comes outfitted with some off-road goodies such as an off-road bumper with a winch, beadlock wheels wrapped in desert-terrain tires, bed-mounted sports bar with LED lights, skid plates, and a new exhaust system. No mention of a powertrain but we're thinking it could the 5.3L V8. Source: Car and Driver View full article
  4. August 2017: General Motors Co.

    GM’s U.S. August Sales up 7.5 Percent Total, retail and commercial share up Chevrolet, Buick, GMC, Cadillac, OnStar and GM Financial Expand Hurricane Relief Efforts DETROIT — General Motors (NYSE: GM) today reported U.S. August deliveries of 275,552 vehicles, up 7.5 percent from a year ago. Retail deliveries were up 4 percent, and the company estimates that it gained more than one-half point of retail market share. U.S. Commercial fleet deliveries were up 19 percent, and the company has gained domestic Commercial market share for 13 consecutive months. Total fleet deliveries were up 24 percent. “We had a very strong month, and grew our retail and commercial fleet business on the strength of robust crossover sales at all four of our brands,” said Kurt McNeil, U.S. vice president of Sales Operations. “But our focus is on the unfolding crisis in Texas and what we can do to help our customers, employees, dealers and everyone else impacted by the flooding.” Alan Batey, president of GM North America, added, “During this crisis, we have seen remarkable acts of bravery and compassion. People are pulling together and helping total strangers like they’ve been neighbors all their lives. It’s inspiring and we are there for all of you.” Since the storm, GM has marshaled teams from Chevrolet, Buick, GMC, Cadillac, OnStar, GM Financial and Customer Care & Aftersales to help with current and future needs across the region. Among the initiatives: GM is offering its OnStar Crisis Assist service to drivers of close to one million GM vehicles in parts of Texas and Louisiana. By pressing the blue OnStar button, customers will be connected to advisors who can provide temporary no-charge access to emergency services, phone and guidance services and 4G LTE Wi-Fi service (provided by AT&T). GM Financial is assisting impacted customers with payment arrangements and waiving related fees. Eligible customers who are replacing a vehicle may qualify for a 90-day deferred first payment. The company is moving used vehicle inventory to Chevrolet, Buick, GMC and Cadillac dealerships so that people with flood-damaged vehicles have access to rental cars and courtesy transportation. The Customer Care & Aftersales team, including ACDelco, are working to expedite the shipment of service parts, including electronic components, engines, transmissions and batteries to the region. Chevrolet, Buick, GMC and Cadillac are offering $1,000 in Disaster Relief Assistance to customers in the most heavily impacted areas of Texas and Louisiana through Oct. 2, 2017. This money can be applied by anyone toward the purchase of a new vehicle, and it can be used in addition to all other retail incentives in the market. OnStar has handled more than 23,000 calls for assistance from GM customers and is helping to support the American Red Cross with its unusually high call volume because of Hurricane Harvey. GM has donated $1 million to the American Red Cross to provide immediate support to disaster relief efforts around the country, and it has set up a donation web link for employees, who have contributed more than $50,000 in less than four days. Employees from GM facilities in Arlington and Fort Worth are filling three semi-trailers full of personal care items, bottled water and non-perishable food. Chevrolet, Buick, GMC and Cadillac are launching websites to give customers easy access to all of the things the brands are doing to help the recovery effort. August Retail Highlights (vs. August 2016 unless noted) Chevrolet Best August since 2004 and best August crossover month ever. The Traverse was up 83 percent, for its best month ever. The Equinox was up 67 percent. The Trax was up 11 percent, for its best August ever. The Chevrolet Bolt EV had its strongest sales ever, with 2,052 deliveries. According to PIN data, the Volt and Bolt EV combined for 46 percent of non-luxury, electric vehicle sales in August. Silverado LD crew cab was up 21 percent. The Impala was up 63 percent. Buick The Encore, up 31 percent, had its best month ever. The Envision, up 78 percent, had its best August ever. GMC GMC’s ATPs hit a year-to-date record of $43,400, thanks the best-ever mix of Denali models. August deliveries of the Acadia were up 36 percent, for its best August ever, and sales have now grown year over year for 12 consecutive months. Sales of the Terrain were up 66 percent, with shipments of the all-new 2018 model starting to grow. Sierra LD crew cab was up 21 percent. Cadillac The XT5 crossover was up 28 percent, for its second best month since launch, bringing the combined SRX/XT5 year to date sales up 10 percent. August ATP was up nearly $1,400 to $53,300. Supplemental Data U.S. inventory levels are down about 85,000 vehicles from the end of June to about 893,000 vehicles. The company is on track to meet its inventory target, which is to end the year with stocks at or below last year’s level of about 850,000 vehicles, with fewer cars and more trucks, crossovers and utilities in the mix. According to JD Power PIN estimates, GM’s August incentive spending as a percent of ATP was 13.9 percent, in line with its domestic competitors. Year to date, GM has the lowest daily rental mix of any full-line automaker at about 8 percent of total sales. GM remains on track to decrease daily rental sales by 50,000 units in 2017. “Hurricane Harvey did have an adverse effect on deliveries during the last week of August for every automaker but the key U.S. economic fundamentals remain supportive of strong vehicle sales,” said Mustafa Mohatarem, GM chief economist. “With the U.S. economy strengthening, we anticipate retail sales will be strong for the foreseeable future.”
  5. July 2017: General Motors Co.

    Equinox, Acadia, Envision and XT5 Achieve Best July Ever Crossover and trucks account for 80 percent of sales for best monthly mix ever July incentive spending as a percentage of ATP below industry average, driving ATPs up nearly $1,000 Commercial sales up 40 percent for best July since 2007 Lowest daily rental sales mix of any full-line automaker DETROIT — General Motors (NYSE: GM) today reported July U.S. retail sales of 202,220 vehicles, down about 14 percent from strong sales in July 2016. In July, GM’s crossovers and trucks account for 80 percent of sales for the company’s best monthly mix ever. While the U.S. market continues to moderate, sales of GM’s newest crossovers were strong in July: Chevrolet Equinox - up 4 percent for its best July ever. Chevrolet Bolt EV – 1,832 Bolts were sold in July for the best month ever. August will be the first month the Bolt EV is available on a national basis. GMC Acadia - up 30 percent for its best July ever. Buick Envision - up 89 percent for its best July ever. Cadillac XT5 - up 6 percent for its best July ever. GM’s July incentive spending as a percentage of average transaction prices (ATP) was 11.5 percent, more than 1 full percentage point below the industry average, and 0.5 percentage points below GM’s 2016 calendar year average. Some of GM’s competitors, without strong truck and crossover businesses, are offering significantly higher incentives across their entire portfolios, according to J.D. Power PIN estimates. In addition, GM’s ATPs were about $36,000, up nearly $1,000 from July 2016. “We have strategically decided to reduce car production rather than increase incentive spending or dump vehicles into daily rental fleets, like some of our competitors,” said Kurt McNeil, U.S. vice president of Sales Operations. “We are working hard to protect the residual values of our new products and growing quality retail and commercial sales, and July’s ATPs reflect that discipline.” GM’s U.S. commercial vehicles sales were up 40 percent from last July, the best July since 2007, led by strong large van sales (up 89 percent), small utilities (up 61 percent) and large pickup sales (up 21 percent). Year to date, GM commercial sales are up 11 percent. U.S. daily rental sales were down more than 11,200 vehicles or 81 percent in July, as planned. In July, GM’s daily rental sales accounted for only 1 percent of GM’s total sales. GM continues to have the lowest U.S. rental mix of any full-line automaker at about 7 percent of total sales year to date. GM’s July total sales were 226,107 vehicles, down about 15 percent from strong levels last year. “Changing customer tastes have driven us to refocus our business on higher margin, faster growing segments, like the crossover segments. We are launching the most all-new crossovers in our history to take full advantage of the changes occurring in the U.S. marketplace,” added McNeil. “Our newest crossovers are performing very well in the marketplace and we’ll build on that momentum with the all-new Chevrolet Traverse, GMC Terrain, Buick Enclave and the introduction of the Regal TourX through the second half of 2017.” By the end of 2017, GM will offer customers the U.S. industry’s newest and broadest lineup of crossovers. “U.S. auto sales continue to moderate from last year’s record pace, but key U.S. economic fundamentals remain supportive of strong vehicle sales,” said Mustafa Mohatarem, GM chief economist. “Under the current economic conditions, we anticipate the second half of 2017 will be much stronger than the first half.” July Brand Retail Highlights (vs. July 2016 unless noted) Chevrolet Colorado was up 22 percent. Both Camaro and Cruze were up slightly. Crossovers best year to date: Equinox, Traverse and Trax. Volt has best year to date. Volt and Bolt EV July sales combined for more than 3,300 deliveries. Silverado LD double cab was up 4 percent. Buick Best year to date retail sales since 2005, up 2 percent. July ATPs are highest since December 2015. SUV mix is highest ever at 85 percent. GMC ATPs are the highest ever, up 8 percent from last July. Sierra boasts the highest ATPs in the full-size pickup segment. Sierra HDs up 6 percent in July and year to date up 9 percent, the best in a decade Yukon up 4 percent. Yukon had its best July since 2007. Cadillac CT6 up 7 percent. Year to date, XT5 retail sales are up 10 percent vs. combined SRX and XT5 sales a year ago. July ATPs up more than $3,000 and lead the luxury market and more than $3,000 higher than its closest competitor. Guidance on U.S. Vehicle Inventory Levels We anticipate we will end 2017 at or below last year’s level, with fewer cars and more trucks, crossovers and utilities in the mix. Pickup, crossovers and utility sales, GM’s strength, are expected to be stronger in the second half of 2017 vs. the first half of the year. We continue to monitor the marketplace and will make additional production adjustments if needed.
  6. June 2017: General Motors Co.

    Strong Lineup of Crossovers and Utilities Drove GM's U.S. June Sales Crossover retail sales up 23 percent on strength of Equinox Buick U.S. retail sales up 6 percent Commercial sales up 36 percent, for best June since 2006 Lowest daily rental sales mix of any full-line automaker DETROIT — General Motors (NYSE: GM) today reported June U.S. retail sales of 202,908 vehicles, down about 3 percent from the same period last year. However, in the fastest growing U.S. retail market segment, GM’s crossover retail sales were up 23 percent, due largely to the strength of Chevrolet Equinox, which were up 36 percent. Buick’s U.S. retail sales were up 6 percent. GM’s U.S. Commercial sales were up 36 percent, for its best June since 2006. Commercial and Government sales were 77 percent of GM’s fleet sales for the month. U.S. daily rental sales were down nearly 11,000 vehicles or 54 percent in June, as planned. GM’s June total sales were 243,155 vehicles, down about 5 percent from the same period last year. GM’s mid crossovers, compact crossovers and utilities were up a combined 22 percent on a U.S. retail sales basis compared to the same period last year. This strong performance was carried throughout the Chevrolet, Buick, GMC and Cadillac lineups: Chevrolet Suburban – up 9 percent Chevrolet Tahoe – up 15 percent Chevrolet Equinox - up 36 percent Chevrolet Traverse – up 71 percent Chevrolet Bolt EV – delivered 1,425 vehicles. Buick Enclave –up 10 percent Buick Encore – up 8 percent Buick Envision - up 101 percent GMC Acadia – up 25 percent Cadillac Escalade – up 14 percent Cadillac XT5 – up 29 percent General Motors is in the midst of launching the most all-new crossover offerings into the U.S. market in its history. “Our crossover renaissance began last year with the introduction of the all-new GMC Acadia and Cadillac XT5, and continued this year with the Chevrolet Bolt EV and Equinox,” said Kurt McNeil, U.S. vice president of Sales Operations. “The all-new Equinox is off to a strong start and we will leverage that momentum as we introduce four additional crossovers in the second half of 2017.” By the end of 2017, GM will offer customers the U.S. industry’s newest and broadest lineup of crossovers. “U.S. total sales are moderating due to an industry-wide pull-back in daily rental sales, but key U.S. economic fundamentals clearly remain positive,” said Mustafa Mohatarem, GM chief economist. “Under the current economic conditions, we anticipate U.S. retail vehicle sales will remain strong for the foreseeable future.” June Business Highlights (vs. June 2016) According to J.D Power PIN estimates, GM’s incentive spending as a percentage of average transaction prices (ATP) was 12.0 percent in June, equal to our 2016 calendar year average, and lower than any domestic and many Asian competitors. ATPs were $35,657, up nearly $400 per vehicle. First Half Highlights (vs. First Half 2016) GM’s U.S. retail sales are on pace with last year’s performance. Q2 incentive spend was about 12 percent, down two full percentage points from Q1. Q2 ATPs are up about $800 over Q1, due to a higher truck/crossover mix and lower incentives. Crossover retail sales were up 23 percent, the highest first half in GM history. Buick’s U.S. retail sales were up 8 percent. Commercial sales were up 8 percent, in a segment that’s down 5 percent. Government sales were up 1 percent, in a segment that’s down 9 percent. Daily rental sales were down nearly 31,000 vehicles or 21 percent. Daily rental sales mix was in a range of about 8 percent, the lowest among full-line automakers in the U.S. industry. Combined XT5 and SRX sales are up 18 percent year to date, the highest first half for Cadillac crossovers. Best Cruze retail sales since 2014. Best Volt retail sales in history. Best Colorado retail sales since 2005. Best Traverse retail sales in history. Best Acadia retail sales in history. From an industry standpoint, GM expects the second half of 2017 will be stronger than the first half. Pickup and utility sales, GM’s strength, are expected to be stronger in the second half of the year. June Brand Retail Highlights (vs. 2016) Chevrolet Corvette and Cruze were up 4 percent and 3 percent, respectively. Colorado was up 3 percent. Equinox had its best June ever. Crossover sales were up 42 percent. Silverado total sales are up 2 percent and retail sales are up 1 percent. Best Silverado month of the year for total sales. Buick Lacrosse was up 39 percent. Crossover sales were up 21 percent. GMC ATPs were up $1,067 to $44,539. Best Denali month ever – over 31 percent of retail sales. Cadillac CT6 was up 4 percent. ATPs were up $2,300 to $56,301. Guidance on U.S. Vehicle Inventory Levels We anticipate we will end 2017 with approximately the same day supply of vehicles as we did at the end of 2016 with fewer cars and more trucks and crossovers in the mix. Pickup and utility sales, GM’s strength, are expected to be stronger in the second half of the year. We will continue to monitor the marketplace and will make additional production adjustments if needed.
  7. It is quite amazing how in the past few years, the humble heavy-duty pickup has morphed into a prized luxury vehicle. You might think that I am crazy for writing this, but consider how in the few years, truck manufacturers have been tailoring their models to appeal to a new audience. From new trim levels that focus primarily on luxury to new features that one would expect to find in an expensive sedan such as massaging front seats and high-quality leather. That doesn’t mean these luxury pickups have forgotten their main priority; to shoulder the weight of the world in terms of hauling and towing. Recently, we spent a week in the GMC Sierra Denali 2500HD and Ram 2500 Laramie Longhorn to get a reading on where luxury heavy-duty trucks currently stand. Exterior Neither one of these trucks has gone through any significant changes since we last reviewed them. The 2500HD comes with a new hood scoop if you option the Duramax V8 turbodiesel, while certain Ram models such as our tester come with a new grille insert featuring “RAM”. The two trucks could not be more different in terms of design elements. The Denali is more modern with a mesh grille, square headlights with LED strands, and a seemingly endless amount of chrome trim. We've found ourselves wondering if we could blind anyone while driving if the sun hit the Denali in just the right way. Meanwhile, the Laramie Longhorn feels right at home on a farm or ranch. The two-tone paint scheme of brown and beige really sets off the Ram 2500, along with the meaty 18-inch chrome wheels. The ‘RAM’ grille is a bit much, but at least it doesn’t come with large chrome lettering on the tailgate that can be reportedly seen from space. Our test truck came with Ram Box storage system. We like the additional storage and ability for the boxes to be locked, but it also means the bed is slightly narrower than a truck without it. Interior At one time, Sierra Denali was considered the pinnacle of luxury for pickup trucks. But now it pales in comparison to the likes the Ram and Ford. The Sierra Denali has the basics such as leather upholstery and stitching on the dash. But that’s about it as there isn’t the option of wood or aluminum trim. Instead, you get painted and faux-chrome like on other Sierra models. A lack of special touches hurt the Denali as well. It would be nice if there was some exclusive feature for the Denali such as a premium audio system or massaging seats. On the upside, the dashboard is laid out in a logical fashion and controls are within easy reach. Both rows of seats provide excellent support for long trips and plenty of space for most passengers. The Sierra also earns points for having numerous USB ports. Getting in and out of the Sierra 2500HD is slightly easier than the Ram 2500 as the cab height is slightly lower. Ram does a better a job in terms of luxury appointments. The Laramie Longhorn features what Ram calls ‘Natura Plus’ leather that feels quite nice when you run your hand across it. Real wood is used on the steering wheel and center stack trim to set it apart from other trims. Rear seat passengers will like the availability of heated seats, something not available on the Denali. There are other touches such as different background for the gauge package and seat pockets that are designed to look like saddle bags. It might look ridiculous to some, but Ram deserves some credit for trying to stand out. Like the Sierra, Ram has a well-laid out dashboard with controls in the place you would expect. Seats aren’t as comfortable as the Sierra, but the 2500 does match it in terms of interior space. The Ram 2500 is somewhat harder to get in as feel like to you have to take a running leap, despite there being entry rails and grab handles. It is also quite the drop when getting out. Technology If there is an area that the Sierra leapfrogs the Ram, it is in technology. The Denali comes with an eight-inch screen featuring GMC’s Intellilink system as standard. This system has been improving since we first tried it a few years ago with improved performance and better stability. The only thing that needs to fixed is the slow response of the navigation system when first launched. Using the system is easy thanks to a simple interface and physical buttons underneath the screen. The addition of Apple CarPlay and Android Auto give Intellilink more of an edge over other systems. Ram’s UConnect system was for a time considered one of the best systems thanks to a large screen and interface that offers large touchscreen buttons. It still retains these plus points, but it looks quite dated to the system found in the Sierra. A lot of this comes down to the interface which hasn’t changed since UConnect was launched a few years ago. There is a new version of UConnect that FCA has implemented into various models such as the Pacifica and the 2017 Dodge Charger that brings an updated look along with Apple CarPlay and Android Auto compatibility. Sadly, the Ram 2500 misses out on this and it is unclear whether it will get in this current-generation or in a redesign. Performance Both trucks came with their respective optional diesel engines. For the Sierra Denali 2500HD, it is an updated 6.6L Duramax turbodiesel V8 offering 445 horsepower and 910 pound-feet of torque. Ram sticks with 6.7L Cummins turbodiesel inline-six with 370 horsepower and 800 pound-feet of torque. Both engines come paired with six-speed automatic transmissions, but the Ram is available with a six-speed manual. On paper, the Sierra Denali 2500HD smokes the Ram 2500 Laramie Longhorn and this plays out in the real world as well. The Duramax gets the Sierra 2500HD up to speed at a surprising rate. It feels more like a muscle car thanks to an abundance of low-end torque and being the lightest truck in the class - 6,532 lbs for a 4WD crew cab and 6’6” box vs. 7,625 lbs for the Ram 2500 when similarly equipped. A lot of these performance gains come from changes GM made to the Duramax V8 for 2017 with most of the engine’s internals being replaced and new cool air system with a hood vent. Aside from increased power, the changes also affect how quiet this engine is. Start the engine up and you’ll faintly hear the diesel clatter from inside. The 6.7L Cummins cannot match the Duramax in outright performance. It takes about a second or two longer to hit the same speed as the Duramax. The large deficit in power and being slightly heavier than the Sierra 2500HD are the main reasons as to why. Not helping matters is the Cummins being quite louder than Duramax. At idle, it sounds like a semi-truck. Fuel Economy Neither truck is rated by the EPA as they're exempted from testing due to their heavy weight. In our week-long evaluation, both trucks returned an average of 15 mpg in mostly city driving. Towing Ram shines here as the maximum tow rating for our particular configuration (crew cab, 6’6” bed, and 4WD) comes in 17,200 lbs. GMC comes up short at 13,000 lbs in the same configuration. Ride and Handling While the Sierra Denali 2500HD may trail the Ram in terms of towing, it runs away when it comes to the ride. Despite sticking with a set leaf-springs in the rear, the Sierra 2500HD does a better job smoothing out bumps than the Ram’s coil-spring setup when the beds are empty. Fill them up and it becomes a dead heat in terms of ride quality. Ram does claw some points back as body motions are controlled better when turning and the steering doesn’t wander as much when driven on the highway. Noise isolation goes to the GMC as there has been a fair amount of work done on adding more sound insulation to the truck, along with the improvements made to the engine. Value Both of these trucks are expensive propositions. The Ram 2500 Laramie Longhorn comes in at $73,310 as equipped and the Sierra Denali 2500HD is slightly less at $70,540. The key reason for the high prices are the optional diesel engines - $8,700 for the Ram and $9,550 for the Sierra. Considering how much power you get, we give this to Sierra by a hair. Verdict If we consider these two trucks as luxury models, then we would rank the Ram 2500 Laramie Longhorn ahead of the Sierra Denali. It makes passengers feel special with various touches such as the unique leather for the trim and heated rear seats. But both trucks pale in comparison to all-new Ford F-Series Super Duty that brings massaging seats and impressive material qualities in its top trim. But when it comes to heavy-duty truck things, the GMC Sierra Denali stands above. While the Ram 2500 may have the more impressive towing numbers, the Sierra fights back with the more powerful diesel engine, better NVH containment, and a more comfortable ride. Hence why it takes this comparison test by a very narrow margin. Disclaimer: Fiat Chrysler Automobiles and General Motors Provided the trucks, Insurance, and One Tank of Gas Year: 2017 Make: GMC Model: Sierra 2500HD Trim: Denali Engine: 6.6L Duramax Turbodiesel V8 Driveline: Allison Six-Speed Automatic, Four-Wheel Drive Horsepower @ RPM: 445 @ 2,800 Torque @ RPM: 910 @ 1,600 Fuel Economy: City/Highway/Combined - N/A Curb Weight: 6,532 lbs Location of Manufacture: Flint, MI Base Price: $58,495 As Tested Price: $70,540 (Includes $1,195.00 Destination Charge and $750.00 Duramax Plus Package Discount) Options: Duramax Plus Package - $9,550.00 Power Sunroof - $995.00 Dark Slate Metallic - $395.00 5th Wheel/Gooseneck Trailer Hi Tch Prep Package - $370.00 Off-Road Suspension Package - $180.00 Roof Marker Lamps - $55.00 Radiator Cover - $55.00 Year: 2017 Make: Ram Model: 2500 Trim: Laramie Longhorn Engine: 6.7L Cummins Turbodiesel Inline-Six Driveline: Six-Speed Automatic, Four-Wheel Drive Horsepower @ RPM: 370 @ 2,800 Torque @ RPM: 800 @ 1,600 Fuel Economy: City/Highway/Combined - N/A Curb Weight: 7,625 lbs Location of Manufacture: Saltillo, Mexico Base Price: $57,575 As Tested Price: $73,310 (Includes $1,395 Destination Charge) Options: 6.7L Cummins Turbodiesel Inline-Six - $8,700.00 RamBox Cargo Management System - $1,295.00 Power Sunroof - $1,095.00 Tri-Fold Tonneau Cover - $545.00 Convenience Group - $395.00 Wheel to Wheel Side Steps - $395.00 Center High-Mount Stop Lamp w/Cargo View Camera - $345.00 LT275/70R18E OWL On/Off-Road Tires - $245.00 Off-Road Package - $200.00 Keyless Enter n' Go - $195.00 Power Chrome Trailer Tow Mirrors w/Power Fold Away - $195.00 Rear Window Defroster - $195.00 Clearance Lamps - $95.00 View full article
  8. It is quite amazing how in the past few years, the humble heavy-duty pickup has morphed into a prized luxury vehicle. You might think that I am crazy for writing this, but consider how in the few years, truck manufacturers have been tailoring their models to appeal to a new audience. From new trim levels that focus primarily on luxury to new features that one would expect to find in an expensive sedan such as massaging front seats and high-quality leather. That doesn’t mean these luxury pickups have forgotten their main priority; to shoulder the weight of the world in terms of hauling and towing. Recently, we spent a week in the GMC Sierra Denali 2500HD and Ram 2500 Laramie Longhorn to get a reading on where luxury heavy-duty trucks currently stand. Exterior Neither one of these trucks has gone through any significant changes since we last reviewed them. The 2500HD comes with a new hood scoop if you option the Duramax V8 turbodiesel, while certain Ram models such as our tester come with a new grille insert featuring “RAM”. The two trucks could not be more different in terms of design elements. The Denali is more modern with a mesh grille, square headlights with LED strands, and a seemingly endless amount of chrome trim. We've found ourselves wondering if we could blind anyone while driving if the sun hit the Denali in just the right way. Meanwhile, the Laramie Longhorn feels right at home on a farm or ranch. The two-tone paint scheme of brown and beige really sets off the Ram 2500, along with the meaty 18-inch chrome wheels. The ‘RAM’ grille is a bit much, but at least it doesn’t come with large chrome lettering on the tailgate that can be reportedly seen from space. Our test truck came with Ram Box storage system. We like the additional storage and ability for the boxes to be locked, but it also means the bed is slightly narrower than a truck without it. Interior At one time, Sierra Denali was considered the pinnacle of luxury for pickup trucks. But now it pales in comparison to the likes the Ram and Ford. The Sierra Denali has the basics such as leather upholstery and stitching on the dash. But that’s about it as there isn’t the option of wood or aluminum trim. Instead, you get painted and faux-chrome like on other Sierra models. A lack of special touches hurt the Denali as well. It would be nice if there was some exclusive feature for the Denali such as a premium audio system or massaging seats. On the upside, the dashboard is laid out in a logical fashion and controls are within easy reach. Both rows of seats provide excellent support for long trips and plenty of space for most passengers. The Sierra also earns points for having numerous USB ports. Getting in and out of the Sierra 2500HD is slightly easier than the Ram 2500 as the cab height is slightly lower. Ram does a better a job in terms of luxury appointments. The Laramie Longhorn features what Ram calls ‘Natura Plus’ leather that feels quite nice when you run your hand across it. Real wood is used on the steering wheel and center stack trim to set it apart from other trims. Rear seat passengers will like the availability of heated seats, something not available on the Denali. There are other touches such as different background for the gauge package and seat pockets that are designed to look like saddle bags. It might look ridiculous to some, but Ram deserves some credit for trying to stand out. Like the Sierra, Ram has a well-laid out dashboard with controls in the place you would expect. Seats aren’t as comfortable as the Sierra, but the 2500 does match it in terms of interior space. The Ram 2500 is somewhat harder to get in as feel like to you have to take a running leap, despite there being entry rails and grab handles. It is also quite the drop when getting out. Technology If there is an area that the Sierra leapfrogs the Ram, it is in technology. The Denali comes with an eight-inch screen featuring GMC’s Intellilink system as standard. This system has been improving since we first tried it a few years ago with improved performance and better stability. The only thing that needs to fixed is the slow response of the navigation system when first launched. Using the system is easy thanks to a simple interface and physical buttons underneath the screen. The addition of Apple CarPlay and Android Auto give Intellilink more of an edge over other systems. Ram’s UConnect system was for a time considered one of the best systems thanks to a large screen and interface that offers large touchscreen buttons. It still retains these plus points, but it looks quite dated to the system found in the Sierra. A lot of this comes down to the interface which hasn’t changed since UConnect was launched a few years ago. There is a new version of UConnect that FCA has implemented into various models such as the Pacifica and the 2017 Dodge Charger that brings an updated look along with Apple CarPlay and Android Auto compatibility. Sadly, the Ram 2500 misses out on this and it is unclear whether it will get in this current-generation or in a redesign. Performance Both trucks came with their respective optional diesel engines. For the Sierra Denali 2500HD, it is an updated 6.6L Duramax turbodiesel V8 offering 445 horsepower and 910 pound-feet of torque. Ram sticks with 6.7L Cummins turbodiesel inline-six with 370 horsepower and 800 pound-feet of torque. Both engines come paired with six-speed automatic transmissions, but the Ram is available with a six-speed manual. On paper, the Sierra Denali 2500HD smokes the Ram 2500 Laramie Longhorn and this plays out in the real world as well. The Duramax gets the Sierra 2500HD up to speed at a surprising rate. It feels more like a muscle car thanks to an abundance of low-end torque and being the lightest truck in the class - 6,532 lbs for a 4WD crew cab and 6’6” box vs. 7,625 lbs for the Ram 2500 when similarly equipped. A lot of these performance gains come from changes GM made to the Duramax V8 for 2017 with most of the engine’s internals being replaced and new cool air system with a hood vent. Aside from increased power, the changes also affect how quiet this engine is. Start the engine up and you’ll faintly hear the diesel clatter from inside. The 6.7L Cummins cannot match the Duramax in outright performance. It takes about a second or two longer to hit the same speed as the Duramax. The large deficit in power and being slightly heavier than the Sierra 2500HD are the main reasons as to why. Not helping matters is the Cummins being quite louder than Duramax. At idle, it sounds like a semi-truck. Fuel Economy Neither truck is rated by the EPA as they're exempted from testing due to their heavy weight. In our week-long evaluation, both trucks returned an average of 15 mpg in mostly city driving. Towing Ram shines here as the maximum tow rating for our particular configuration (crew cab, 6’6” bed, and 4WD) comes in 17,200 lbs. GMC comes up short at 13,000 lbs in the same configuration. Ride and Handling While the Sierra Denali 2500HD may trail the Ram in terms of towing, it runs away when it comes to the ride. Despite sticking with a set leaf-springs in the rear, the Sierra 2500HD does a better job smoothing out bumps than the Ram’s coil-spring setup when the beds are empty. Fill them up and it becomes a dead heat in terms of ride quality. Ram does claw some points back as body motions are controlled better when turning and the steering doesn’t wander as much when driven on the highway. Noise isolation goes to the GMC as there has been a fair amount of work done on adding more sound insulation to the truck, along with the improvements made to the engine. Value Both of these trucks are expensive propositions. The Ram 2500 Laramie Longhorn comes in at $73,310 as equipped and the Sierra Denali 2500HD is slightly less at $70,540. The key reason for the high prices are the optional diesel engines - $8,700 for the Ram and $9,550 for the Sierra. Considering how much power you get, we give this to Sierra by a hair. Verdict If we consider these two trucks as luxury models, then we would rank the Ram 2500 Laramie Longhorn ahead of the Sierra Denali. It makes passengers feel special with various touches such as the unique leather for the trim and heated rear seats. But both trucks pale in comparison to all-new Ford F-Series Super Duty that brings massaging seats and impressive material qualities in its top trim. But when it comes to heavy-duty truck things, the GMC Sierra Denali stands above. While the Ram 2500 may have the more impressive towing numbers, the Sierra fights back with the more powerful diesel engine, better NVH containment, and a more comfortable ride. Hence why it takes this comparison test by a very narrow margin. Disclaimer: Fiat Chrysler Automobiles and General Motors Provided the trucks, Insurance, and One Tank of Gas Year: 2017 Make: GMC Model: Sierra 2500HD Trim: Denali Engine: 6.6L Duramax Turbodiesel V8 Driveline: Allison Six-Speed Automatic, Four-Wheel Drive Horsepower @ RPM: 445 @ 2,800 Torque @ RPM: 910 @ 1,600 Fuel Economy: City/Highway/Combined - N/A Curb Weight: 6,532 lbs Location of Manufacture: Flint, MI Base Price: $58,495 As Tested Price: $70,540 (Includes $1,195.00 Destination Charge and $750.00 Duramax Plus Package Discount) Options: Duramax Plus Package - $9,550.00 Power Sunroof - $995.00 Dark Slate Metallic - $395.00 5th Wheel/Gooseneck Trailer Hi Tch Prep Package - $370.00 Off-Road Suspension Package - $180.00 Roof Marker Lamps - $55.00 Radiator Cover - $55.00 Year: 2017 Make: Ram Model: 2500 Trim: Laramie Longhorn Engine: 6.7L Cummins Turbodiesel Inline-Six Driveline: Six-Speed Automatic, Four-Wheel Drive Horsepower @ RPM: 370 @ 2,800 Torque @ RPM: 800 @ 1,600 Fuel Economy: City/Highway/Combined - N/A Curb Weight: 7,625 lbs Location of Manufacture: Saltillo, Mexico Base Price: $57,575 As Tested Price: $73,310 (Includes $1,395 Destination Charge) Options: 6.7L Cummins Turbodiesel Inline-Six - $8,700.00 RamBox Cargo Management System - $1,295.00 Power Sunroof - $1,095.00 Tri-Fold Tonneau Cover - $545.00 Convenience Group - $395.00 Wheel to Wheel Side Steps - $395.00 Center High-Mount Stop Lamp w/Cargo View Camera - $345.00 LT275/70R18E OWL On/Off-Road Tires - $245.00 Off-Road Package - $200.00 Keyless Enter n' Go - $195.00 Power Chrome Trailer Tow Mirrors w/Power Fold Away - $195.00 Rear Window Defroster - $195.00 Clearance Lamps - $95.00
  9. May 2017: General Motors Co.

    Strong Lineup of New Chevrolet, Buick, GMC and Cadillac Crossovers Drive GM’s U.S. Retail Sales Higher Commercial sales up 14 percent; Government sales up 21 percent U.S. daily rental sales down 36 percent per plan Crossover retail sales up 19 percent DETROIT — General Motors (NYSE: GM) today reported May U.S. retail sales of 191,388 vehicles, up slightly from last year. GM’s May retail performance was driven by exceptionally strong crossover sales at Chevrolet, Buick, GMC and Cadillac. GM’s U.S. Commercial sales in May were up 14 percent, while Government sales jumped 21 percent. Daily rental sales were down 36 percent, as planned. GM is on track to deliver its third consecutive year-over-year decline in daily rental volume. GM’s May total sales were 237,364 vehicles, down about 1 percent from last year. On a brand level, Buick’s U.S. retail sales in May were up 12 percent, while retail sales at Cadillac and Chevrolet were up 10 percent and less than 1 percent, respectively. In May, GM crossovers were up 19 percent on a U.S. retail sales basis compared to last year. This strong performance was carried across all GM’s U.S. brands: Chevrolet Equinox — up 17 percent Chevrolet Trax — up 18 percent Chevrolet Traverse – up 2 percent Buick Encore — up 12 percent Buick Envision — 3,256 deliveries in May, up significantly from last year’s launch GMC Acadia — up 33 percent Cadillac XT5 — up 110 percent “As we see the industry shift to more crossovers, we are extremely well positioned to take full advantage of this dynamic,” said Kurt McNeil, U.S. vice president of Sales Operations. “We expect these launches will enable us to continue gaining retail share as we introduce more all-new compact and midsize crossovers than anyone else, including the all-new GMC Terrain, Chevrolet Traverse, Buick Enclave and the Regal TourX.” Chevrolet dealers have begun selling the all-new Equinox with a highly efficient 1.5L engine. Additional powertrain offerings on the all-new Equinox will be available starting this summer. The all-new 2018 Traverse midsize crossover will arrive in Chevrolet dealer showrooms this summer as well. GMC dealers will begin delivering the all-new Terrain compact crossover in late summer and Buick dealers will roll out the new Enclave midsize crossover in the fall. Other May Sales Highlights (vs. 2016) According to J.D Power PIN estimates, GM’s incentive spending as a percentage of average transaction prices (ATP) was 11.6 percent in May. That is equal to the industry average and lower than our 2016 calendar year average, and lower than any domestic and many Asian competitors. GM’s incentive spending as a percent of ATP was down 0.8 points from April. ATPs were $35,283, up more than $640 per vehicle from April. Year-to-Date Highlights thru May (vs. 2016) GM’s U.S. retail market share is up 0.2 percentage points, driven by Buick and Cadillac. Buick’s U.S. retail sales are up 8 percent. Cadillac U.S. retail sales are up 1 percent. “U.S. economic fundamentals remain strong with a retail SAAR of 14.2 million, equal to last year’s record pace. The U.S. economy is operating at near full employment levels, wages are rising, interest rates and fuel prices remain low and consumer confidence remains high. The decline in total sales is primarily due to the industry’s pull back from daily rental sales. Although total sales are running below our expectations, we anticipate retail vehicle sales will remain strong,” said Mustafa Mohatarem, GM chief economist. May Brand Retail Highlights (vs. 2016) Chevrolet Malibu and Camaro were up 40 percent and 6 percent, respectively. Malibu had its best month since October 1980. Equinox, Traverse and Trax were up 17 percent, 2 percent and 18 percent, respectively. Chevrolet had its best year to date performance for crossovers ever. Chevrolet dealers sold 1,438 Bolt EVs to retail customers, the best month ever for the game-changing EV. Buick Encore was up 12 percent and had its best May ever. Envision celebrates one year in the marketplace and was Buick’s second best-selling nameplate. Lacrosse was up 1 percent. GMC GMC reached a record for May ATPs at $44,675, up $1,667 over last May. Acadia was up 33 percent. Cadillac CT6 was up 44 percent. Escalade was up 21 percent. XT5 was up 110 percent. XT5 ATP is up over $3,000 from its predecessor. Guidance on U.S. Vehicle Inventory Levels We remain on track to achieve our year-end guidance. We anticipate we will end 2017 with approximately the same day supply of vehicles as we did at the end of 2016 with fewer cars and more trucks and crossovers in the mix this year. Launch-related downtime in the second half will cut nearly 100,000 units from inventory. We will continue to monitor the marketplace and will make additional production adjustments if needed.
  10. Here is some food for thought: over 50 percent of Yukon/Yukon XL models sold are Denalis. A pretty nice number and one that makes a fair amount of profit for GMC. But that also means GMC needs to keep Denali models up to date to keep those sales up. For 2018, GMC is making some updates to the Denali trim for the Yukon family. First up is a new multidimensional chrome grille featuring grille shutters to improve fuel economy. "The new grille, which is flanked by HID headlamps and LED Signature Lighting, advances the design legacy established with the very first Yukon Denali in 1999. It’s a more exciting and sophisticated design, while remaining instantly recognizable as part of the GMC Denali family," said GMC Global Exterior Design Director Matt Noone. Under the skin is a new 10-speed automatic transmission featuring wider, 7.39 overall gear ratio spread that will help make the Yukon/XL Denali more efficient. A 6.2L V8 engine offering up 420 horsepower is standard. The updated Yukon/XL Denali arrives at dealers this fall. Source: GMC Press Release is on Page 2 2018 GMC Yukon Denali Elevates Style, Refinement The ultimate expression of Professional Grade gets bold refresh on GMC Yukon models DETROIT – GMC is elevating the 2018 Yukon Denali lineup with styling and trim enhancements, as well as a new, advanced 10-speed automatic transmission. A new, sculpted grille design distinguishes the Yukon Denali, while new Mastique Ash real wood trim adds depth and richness to the interior. The new Hydra-Matic 10-speed transmission — paired with Yukon Denali’s 6.2L V-8 engine — enhances refinement with world-class shift smoothness, responsiveness and quietness. “Yukon Denali has always matched style with substance, and the enhancements for 2018 advance that legacy,” said Duncan Aldred, vice president of Global GMC. “The foundational elements of exclusive design, premium touches and uncompromising capability have made Yukon Denali an icon for nearly 20 years.” Multi-Dimensional Grille Design GMC designers evolved the iconic Denali grille with a multidimensional, sculpted interpretation that, like other contemporary GMC elements, was designed in a layered manner. It’s a theme seen in other new GMC models such as the Acadia and Terrain. “The new grille, which is flanked by HID headlamps and LED Signature Lighting, advances the design legacy established with the very first Yukon Denali in 1999,” said Matt Noone, director, Global GMC Exterior Design. “It’s a more exciting and sophisticated design, while remaining instantly recognizable as part of the GMC Denali family.” In addition to a more sophisticated appearance, the new grille offers greater airflow to the radiator. Active aero shutters behind the grille close in certain conditions on the highway to reduce aerodynamic drag and enhance efficiency. 10 Speeds, Refined Performance The Yukon Denali’s new 10-speed automatic leverages the engineering experience of General Motors’ multispeed transmissions to deliver improved performance. A wider, 7.39 overall gear ratio spread, compared to the Yukon Denali’s previous eight-speed automatic, enables a lower numerical top gear ratio and contributes to greater efficiency. The transmission’s optimized gearing and proprietary controls allow the 6.2L V-8 engine to deliver a winning combination smooth operation and precise response. Standard and available features include: 420-hp 6.2L V-8 engine with direct injection and Active Fuel Management StabiliTrak electronic stability control, tow/haul mode, trailer sway control, auto grade braking and hill start assist Magnetic Ride Control for improved body motion control Standard 20-inch wheels and available 22-inch wheels Automatic locking rear differential Four-wheel-disc brakes with Duralife™ brake rotors Active Noise Cancellation for a quieter interior 8-inch diagonal GMC Infotainment system with Navigation includes Apple CarPlay and Android Auto capability Standard 8-inch diagonal customizable driver display with head-up display Multiple USB ports and accessory power outlets, including a 110-volt three-prong outlet, to support electronic devices OnStar Basic Plan1 is standard for five years and includes access to an in-vehicle 4G LTE Wi-Fi hotspot2 and select features via the myGMC mobile app3 Wireless phone charging Heated and ventilated driver and passenger seats, heated second-row seats Hands-free programmable power liftgate The Denali trim accounts for well more than half of all Yukon sales. It is offered in Yukon and Yukon XL models, with the XL featuring a 14-inch-longer wheelbase (20 inches longer overall), for increased third-row legroom and more than double the cargo room behind the third-row seat. The 2018 Yukon Denali goes on sale this fall. View full article
  11. Here is some food for thought: over 50 percent of Yukon/Yukon XL models sold are Denalis. A pretty nice number and one that makes a fair amount of profit for GMC. But that also means GMC needs to keep Denali models up to date to keep those sales up. For 2018, GMC is making some updates to the Denali trim for the Yukon family. First up is a new multidimensional chrome grille featuring grille shutters to improve fuel economy. "The new grille, which is flanked by HID headlamps and LED Signature Lighting, advances the design legacy established with the very first Yukon Denali in 1999. It’s a more exciting and sophisticated design, while remaining instantly recognizable as part of the GMC Denali family," said GMC Global Exterior Design Director Matt Noone. Under the skin is a new 10-speed automatic transmission featuring wider, 7.39 overall gear ratio spread that will help make the Yukon/XL Denali more efficient. A 6.2L V8 engine offering up 420 horsepower is standard. The updated Yukon/XL Denali arrives at dealers this fall. Source: GMC Press Release is on Page 2 2018 GMC Yukon Denali Elevates Style, Refinement The ultimate expression of Professional Grade gets bold refresh on GMC Yukon models DETROIT – GMC is elevating the 2018 Yukon Denali lineup with styling and trim enhancements, as well as a new, advanced 10-speed automatic transmission. A new, sculpted grille design distinguishes the Yukon Denali, while new Mastique Ash real wood trim adds depth and richness to the interior. The new Hydra-Matic 10-speed transmission — paired with Yukon Denali’s 6.2L V-8 engine — enhances refinement with world-class shift smoothness, responsiveness and quietness. “Yukon Denali has always matched style with substance, and the enhancements for 2018 advance that legacy,” said Duncan Aldred, vice president of Global GMC. “The foundational elements of exclusive design, premium touches and uncompromising capability have made Yukon Denali an icon for nearly 20 years.” Multi-Dimensional Grille Design GMC designers evolved the iconic Denali grille with a multidimensional, sculpted interpretation that, like other contemporary GMC elements, was designed in a layered manner. It’s a theme seen in other new GMC models such as the Acadia and Terrain. “The new grille, which is flanked by HID headlamps and LED Signature Lighting, advances the design legacy established with the very first Yukon Denali in 1999,” said Matt Noone, director, Global GMC Exterior Design. “It’s a more exciting and sophisticated design, while remaining instantly recognizable as part of the GMC Denali family.” In addition to a more sophisticated appearance, the new grille offers greater airflow to the radiator. Active aero shutters behind the grille close in certain conditions on the highway to reduce aerodynamic drag and enhance efficiency. 10 Speeds, Refined Performance The Yukon Denali’s new 10-speed automatic leverages the engineering experience of General Motors’ multispeed transmissions to deliver improved performance. A wider, 7.39 overall gear ratio spread, compared to the Yukon Denali’s previous eight-speed automatic, enables a lower numerical top gear ratio and contributes to greater efficiency. The transmission’s optimized gearing and proprietary controls allow the 6.2L V-8 engine to deliver a winning combination smooth operation and precise response. Standard and available features include: 420-hp 6.2L V-8 engine with direct injection and Active Fuel Management StabiliTrak electronic stability control, tow/haul mode, trailer sway control, auto grade braking and hill start assist Magnetic Ride Control for improved body motion control Standard 20-inch wheels and available 22-inch wheels Automatic locking rear differential Four-wheel-disc brakes with Duralife™ brake rotors Active Noise Cancellation for a quieter interior 8-inch diagonal GMC Infotainment system with Navigation includes Apple CarPlay and Android Auto capability Standard 8-inch diagonal customizable driver display with head-up display Multiple USB ports and accessory power outlets, including a 110-volt three-prong outlet, to support electronic devices OnStar Basic Plan1 is standard for five years and includes access to an in-vehicle 4G LTE Wi-Fi hotspot2 and select features via the myGMC mobile app3 Wireless phone charging Heated and ventilated driver and passenger seats, heated second-row seats Hands-free programmable power liftgate The Denali trim accounts for well more than half of all Yukon sales. It is offered in Yukon and Yukon XL models, with the XL featuring a 14-inch-longer wheelbase (20 inches longer overall), for increased third-row legroom and more than double the cargo room behind the third-row seat. The 2018 Yukon Denali goes on sale this fall.
  12. 2018 GMC Terrain To Begin At $25,970

    Before the 2018 GMC Terrain hits dealers this summer, the brand has announced pricing for their small crossover. The base Terrain SL FWD will set you back $25,970 (includes a $975 destination charge), or about $1,900 more than the equivalent 2017 model. SL models come with a proximity key with push-button start, a leather-wrapped steering wheel, and LED taillights. If you want all-wheel drive, you'll need to step up to the SLE which starts at $30,545. Opting for front-wheel drive on the SLE drops the price to $28,795. Moving up to the SLE also brings the 1.6L turbodiesel as an option. This will set you back $32,565 (FWD) and $34,315 (AWD). SLT models which add heated front seats and an upgraded 8-inch infotainment screen begin at $32,295 (FWD) and $34,045 (AWD). The Terrain Denali kicks off at $38,495 (FWD) and $40,245 (AWD). For the price, it comes with a 2.0L turbo-four offering 252 horsepower, 19-inch wheels, LED headlights, navigation, 7-speaker Bose sound system, heated steering wheel, and a hands-free power tailgate. Source: GMC Press Release is on Page 2 2018 GMC Terrain Starts at $25,970 Premium compact SUV offers more value with new design, more premium features DETROIT — Pricing for the all-new 2018 Terrain will start at an MSRP of $25,970[1] when it goes on sale this summer, GMC announced today. The all-new Terrain offers greater refinement and versatility to adapt to customers’ unique needs, and it’s packed with more available features and advanced safety technologies than ever before. Three all-new turbocharged engines, leading with a 2.0L at launch — followed later with a 1.5L and an available 1.6L turbo-diesel — provide more choices when it comes to performance, efficiency and capability. “Terrain helped define the premium compact SUV segment and the all-new 2018 model elevates it with a stronger roster of standard and available features,” said Duncan Aldred, vice president of Global GMC. “GMC’s proven SUV experience makes it a more compelling choice than ever, with a strong blend of design, functionality and engineering excellence.” The all-new GMC Terrain provides great value in packaging with a host of standard premium features, including a new 170-hp, 1.5L turbo engine paired with a new nine-speed automatic transmission; driver-controllable Traction Select system; signature LED daytime running lamps and taillamps; leather-wrapped steering wheel; flat-folding front passenger seat; and keyless open and start. The Terrain Denali raises the bar even further to add a standard 252-hp, 2.0L turbo engine; 19-inch ultra-bright machined aluminum wheels; LED headlamps; heated leather-wrapped steering wheel; hands-free power programmable liftgate; an 8-inch diagonal infotainment system with navigation; Bose premium seven-speaker audio system; and a suite of standard safety features that includes: Side Blind Zone Alert with Lane Change Alert Rear Cross Traffic Alert Rear Park Assist Safety Alert Seat Terrain SL and SLE Starting MSRPs Terrain SL FWD — $25,970 Terrain SLE FWD — $28,795 Terrain SLE Diesel FWD — $32,565 Terrain SLE AWD — $30,545 Terrain SLE Diesel AWD — $34,315 Terrain SLT Starting MSRPs Terrain SLT FWD — $32,295 Terrain SLT Diesel FWD — $35,140 Terrain SLT AWD — $34,045 Terrain SLT Diesel AWD — $36,890 Terrain Denali Starting MSRPs Terrain Denali FWD — $38,495 Terrain Denali AWD — $40,245
  13. Before the 2018 GMC Terrain hits dealers this summer, the brand has announced pricing for their small crossover. The base Terrain SL FWD will set you back $25,970 (includes a $975 destination charge), or about $1,900 more than the equivalent 2017 model. SL models come with a proximity key with push-button start, a leather-wrapped steering wheel, and LED taillights. If you want all-wheel drive, you'll need to step up to the SLE which starts at $30,545. Opting for front-wheel drive on the SLE drops the price to $28,795. Moving up to the SLE also brings the 1.6L turbodiesel as an option. This will set you back $32,565 (FWD) and $34,315 (AWD). SLT models which add heated front seats and an upgraded 8-inch infotainment screen begin at $32,295 (FWD) and $34,045 (AWD). The Terrain Denali kicks off at $38,495 (FWD) and $40,245 (AWD). For the price, it comes with a 2.0L turbo-four offering 252 horsepower, 19-inch wheels, LED headlights, navigation, 7-speaker Bose sound system, heated steering wheel, and a hands-free power tailgate. Source: GMC Press Release is on Page 2 2018 GMC Terrain Starts at $25,970 Premium compact SUV offers more value with new design, more premium features DETROIT — Pricing for the all-new 2018 Terrain will start at an MSRP of $25,970[1] when it goes on sale this summer, GMC announced today. The all-new Terrain offers greater refinement and versatility to adapt to customers’ unique needs, and it’s packed with more available features and advanced safety technologies than ever before. Three all-new turbocharged engines, leading with a 2.0L at launch — followed later with a 1.5L and an available 1.6L turbo-diesel — provide more choices when it comes to performance, efficiency and capability. “Terrain helped define the premium compact SUV segment and the all-new 2018 model elevates it with a stronger roster of standard and available features,” said Duncan Aldred, vice president of Global GMC. “GMC’s proven SUV experience makes it a more compelling choice than ever, with a strong blend of design, functionality and engineering excellence.” The all-new GMC Terrain provides great value in packaging with a host of standard premium features, including a new 170-hp, 1.5L turbo engine paired with a new nine-speed automatic transmission; driver-controllable Traction Select system; signature LED daytime running lamps and taillamps; leather-wrapped steering wheel; flat-folding front passenger seat; and keyless open and start. The Terrain Denali raises the bar even further to add a standard 252-hp, 2.0L turbo engine; 19-inch ultra-bright machined aluminum wheels; LED headlamps; heated leather-wrapped steering wheel; hands-free power programmable liftgate; an 8-inch diagonal infotainment system with navigation; Bose premium seven-speaker audio system; and a suite of standard safety features that includes: Side Blind Zone Alert with Lane Change Alert Rear Cross Traffic Alert Rear Park Assist Safety Alert Seat Terrain SL and SLE Starting MSRPs Terrain SL FWD — $25,970 Terrain SLE FWD — $28,795 Terrain SLE Diesel FWD — $32,565 Terrain SLE AWD — $30,545 Terrain SLE Diesel AWD — $34,315 Terrain SLT Starting MSRPs Terrain SLT FWD — $32,295 Terrain SLT Diesel FWD — $35,140 Terrain SLT AWD — $34,045 Terrain SLT Diesel AWD — $36,890 Terrain Denali Starting MSRPs Terrain Denali FWD — $38,495 Terrain Denali AWD — $40,245 View full article
  14. April 2017: General Motors Co.

    GM Crossover Sales Surge Driving Retail Share Higher Daily rental deliveries down 20 percent per plan DETROIT — General Motors (NYSE: GM) today reported April sales of 244,406 crossovers, trucks and cars, driven by exceptionally strong crossover sales at Chevrolet, Buick, GMC and Cadillac. GM expects to gain retail market share for the month, with industry volumes about equal to a year ago, adjusted for one fewer selling day. In April, Chevrolet crossovers were up 27 percent on a retail basis; Buick’s were up 48 percent; GMC’s were up 20 percent; and Cadillac’s were up 46 percent. Year to date, Chevrolet crossovers were up 24 percent on a retail basis; Buick’s were up 34 percent; GMC’s were up 15 percent; and Cadillac’s were up 23 percent. “We see crossovers becoming an even bigger part of the industry and GM sales over the next five years,” said Kurt McNeil, U.S. vice president of Sales Operations. “Just five years ago, about one in four GM sales were crossovers. Today, they account for almost one-third of our deliveries and we see more growth ahead.” During April, Chevrolet dealers delivered 4,500 all-new 2018 Equinox 1.5L compact crossovers, with a 2.0L model arriving this summer, followed by a diesel model. The all-new 2018 Traverse midsize crossover will arrive during the summer. GMC dealers will begin delivering the all-new Terrain compact crossover in late summer and Buick dealers will roll out the new Enclave midsize crossover in the fall. April Sales Overview (vs. 2016) GM’s total sales were down 6 percent. There was one fewer selling day in April year over year. Selling-day-adjusted sales are about 4 percentage points higher than reported sales. Retail sales were 191,911 units, down 4 percent. Selling-day-adjusted retail sales were essentially equal to a year ago. Fleet sales were 52,495 units, down 11 percent, or down 7 percent selling-day adjusted. Deliveries to daily rental companies were down 20 percent, as planned. GM’s fleet portfolio is well-balanced, with Commercial and Government deliveries higher than rental in the first four months of the year and Commercial and Government market share is up versus the industry. GM is on track to deliver its third consecutive year of year-over-year decline in rental volume and mix. GM’s incentive spending as a percentage of average transaction prices (ATP) was lower than domestic and many Asian competitors, which was the case throughout 2016. GM’s spending in April was 11.7 percent, according to J.D. Power PIN estimates, which was below the company’s first quarter average of 14.1 percent and March’s level of 13.6 percent. ATPs were approximately $35,000, up more than $600 per unit compared to the first quarter of 2017. As planned, GM’s inventories reflect strong sales, lower car production and strategic, launch-related growth in truck and crossover stocks. The company expects to end 2017 at essentially the same inventory levels as 2016 on a days’ supply basis, but with fewer cars and more trucks and crossovers in stock. “When you look at the broader economy, including a strong job market, rising wages, low inflation and low interest rates, and couple them to low fuel prices and strong consumer confidence, you have everything you need for auto sales to weather headwinds and remain at or near historic highs,” said Mustafa Mohatarem, GM chief economist. April Brand Highlights (vs. 2016) Chevrolet Chevrolet crossover sales set a new April and calendar year to date record for both total and retail sales. Chevrolet Bolt EV deliveries totaled 1,292 units during the month. Retail deliveries of the Trax, a vehicle that helped spark the rapid growth of the small crossover segment, were up 45 percent. It had its best April and calendar year to date sales on both a total and retail basis. Retail deliveries of the Equinox and Traverse were up 23 percent and 19 percent, respectively. The Traverse had its best April and calendar year to date sales ever on a retail basis. Cruze retail deliveries were up 24 percent and total deliveries were up 51 percent. Buick Buick had its best April retail sales in 15 years and its best April total sales since 2005. The Encore, which helped ignite the boom in small crossovers, had its best month ever in April. Its total and retail sales have now been up year over year for eight consecutive months. Envision retail sales were 3,576 units for its best month since launch. Enclave retail deliveries rose 4 percent. GMC Denali models had their best month ever. Close to one-third of all GMC deliveries were Denalis, including half of all Sierra HDs. The Acadia had its best April ever, with total deliveries up 45 percent and retail deliveries up 42 percent. The vehicle has gained a full point of retail segment share in 2017 driven by the all-new design launched last year. The Terrain was up 14 percent in total. Cadillac Cadillac retail deliveries were up 7 percent. Year to date retail deliveries of the all-new XT5 crossover were 25 percent higher than the outgoing SRX. Calendar year to date, XT5 ATPs are up more than $3,300 year over year compared to the SRX.
  15. 2017 GMC Acadia - Denali or All-Terrain, what would you choose? As I have spent time with my son looking at various CUV models, I cam across the new Acadia and learned they had a monochromatic version that I think is very sharp looking. GMC has built a very nice profitable line by offering Denali on every model they make. Yet not everyone likes Chrome all over. So this brings up the desire to see what people think. I configured up two near identical CUVs with the only difference being the All-Terrain package on an SLT2 equipped Acadia and the Denali package on an SLT2 equipped Acadia. What are your thoughts? Review the two listing autos below and sound off on what you think of monochromatic off road or chromed on road CUV! 2017 GMC Acadia Denali 2017 GMC Acadia All-Terrain
  16. March 2017: General Motors Co.

    GM Was the Fastest Growing Automaker in March, Driven by Chevrolet and Buick Strong Retail Share Gain for the First Quarter DETROIT — General Motors (NYSE: GM), which grew its retail sales faster than any other full-line automaker in 2016, outpaced the industry once again in March. The company also gained retail share in the first quarter of 2017. “The economy is strong and we see more growth ahead for our brands,” said Kurt McNeil, U.S. vice president of sales operations. “More people are working, consumer confidence is at a 16-year high, fuel prices are low and Chevrolet, Buick, GMC and Cadillac have a wave of new crossovers to compete in the industry’s biggest and hottest segments.” At Buick, crossovers are expected to account for more than 75 percent of retail deliveries in 2017, up from 66 percent in 2016, driven by the Encore, Envision and Enclave. GMC, which has the highest average transaction prices (ATPs) of any non-luxury brand, will launch the all-new 2018 Terrain in late summer, complementing the redesigned Acadia that went on sale in late summer 2016. Cadillac will benefit from a full year of production of the new XT5 crossover, which is now the second best-selling vehicle in its segment. Chevrolet, which grew retail market share in 2015 and was the industry’s fastest-growing brand in 2016, is particularly well positioned. Chevrolet had its best March and first quarter retail sales since 2007. “Chevrolet will have the industry’s broadest and freshest lineup of utility vehicles led by the all-new 2018 Equinox and Traverse, plus we have a unique three-truck pickup strategy and a dominant position in large SUVs,” McNeil said. “We also have a first-mover advantage in many segments. It will be years before key competitors are able to launch rivals to the Chevrolet Bolt EV, Colorado and Trax.” Highlights (vs. 2016) First Quarter Overview GM’s retail sales were 546,838 units, up 1.9 percent, and retail market share was up 0.2 percentage points to an estimated 16.8 percent. The gains were primarily driven by crossovers, which were up 21 percent. Truck deliveries were up half a percentage point. Chevrolet increased its first quarter retail share by an estimated 0.1 percentage point, as did GMC. Commercial deliveries were up 4 percent, and daily rental deliveries were down 8 percent, or about 6,000 units. Total fleet sales were down 3 percent. Total sales were 689,521 units, up 1 percent, and market share was up an estimated 0.3 percentage points to an estimated 16.7 percent. Average transaction prices were approximately $34,000, in line with last year’s first quarter. March Overview Retail sales were 203,113 units, up 5 percent, and market share was up 0.6 percentage points to an estimated 16.1 percent. Chevrolet’s estimated retail market share increased 0.4 percentage points and Buick was up 0.3 percentage points. Total sales were 256,224 units, up 2 percent, and market share was up an estimated 0.4 percentage points to 15.9 percent. Commercial deliveries were up 3 percent driven by a 67 percent increase in Malibu deliveries and strong pickup and large van sales. Daily rental sales down 18 percent, or more than 5,100 units. Fleet sales were down 9 percent. Brand Highlights (vs. 2016) Chevrolet Crossovers On a retail basis in March, the Trax was up 51 percent, the Equinox was up 26 percent and the Traverse was up 24 percent. For the quarter, Trax retail sales were up 54 percent, the Equinox was up 16 percent and the Traverse was up 7 percent. Bolt EV sales in the quarter were 3,092 units, with limited availability. The days to turn is exceptionally low at 14 days. Chevrolet Trucks Chevrolet had its best first quarter truck sales since 2008, up 6 percent. Key drivers were the Suburban, up 26 percent; the Tahoe, up 11 percent; and strong full-size van sales to small business customers and fleets. Silverado sales were essentially equal to a year ago. Chevrolet retail truck sales in the first quarter were up 2 percent, with the Tahoe up 9 percent, the Colorado up 7 percent and the Suburban up 5 percent. Silverado sales were essentially equal to a year ago. The Tahoe and Suburban had their best March total sales since 2008, and their best first quarter total and retail sales since 2008. The Colorado had its best first quarter retail sales since 2005. Chevrolet Cars Retail deliveries were very strong in March, up 9 percent. The drivers were the Cruze, up 63 percent; the Sonic, up 14 percent; the Spark, up 50 percent; the Volt, up 15 percent; and the Camaro, up 2 percent. During the quarter, retail car deliveries were down 11 percent, reflecting industry-wide changes in customer demand. However, Cruze retail sales were up 22 percent during the quarter; the Spark was up 37 percent; and the Volt was up 39 percent. The Volt had its best first quarter total and retail sales ever. Buick Sales Buick had its best March retail sales since 2005, with sales up 22 percent. The LaCrosse was up 60 percent on a retail basis in March, the Encore was up 17 percent and Regal was up 7 percent. On a total sales basis, it was Buick’s best March since 2006, with deliveries up 15 percent. First quarter retail deliveries were the highest since 2004, driven by a 29 percent increase in crossover sales. The Encore has posted seven consecutive months of year-over-year sales gains, and it had its best-ever March and first quarter sales. The Envision had its best month since launch. GMC Sales Total GMC sales were up 12 percent in March, driven by a 47 percent increase in crossover deliveries. The Acadia, which was redesigned last year, was up 84 percent and the Terrain was up 14 percent. The Yukon XL was up 17 percent. March was the highest-ever month for Denali models, at 29 percent of GMC retail sales. Total GMC sales for the first quarter were the best since 2000, with deliveries up 10 percent. First quarter retail deliveries were up 4 percent, with the Acadia up 30 percent and Sierra HD models up 22 percent. Cadillac Sales Cadillac XT5 retail sales in March were 22 percent higher than the outgoing SRX, and ATPs were about 9 percent higher. Cadillac’s ATPs continue to be in the upper echelon of luxury brands at more than $54,000. Full-year Guidance We believe strong car-buying fundamentals are reflected in the retail component of the light vehicle SAAR (seasonally-adjusted annual rate), which was 14 million in March, up 0.3 million versus a year ago. The retail SAAR for the first quarter was 14.3 million, up 0.1 million. Ten all-new or recently redesigned crossovers are expected to drive GM’s sales and share higher in 2017. GM’s deliveries to daily rental companies are expected to decline for the third year in a row. The company expects inventory in the second quarter to be lower than the first quarter, in a range around 90 days’ supply. The decline reflects strong sales, lower car production and strategic, launch-related growth in truck and crossover stocks. The company expects to end 2017 at essentially the same inventory levels as 2016 on a days’ supply basis, but with fewer cars and more trucks and crossovers in stock. As expected, incentives were down sharply from February 2017, according to J.D Power PIN estimates. Spending as a percentage of average transaction price (ATP) declined from approximately 14.9 percent to about 13.5 percent. The launches of new crossovers and adjustments to passenger car inventories will help moderate incentive spending going forward.
  17. GM Grows Total and Retail Sales in February, Market Share up Sharply, Transaction Prices Set February Record DETROIT — Record sales of crossovers, large SUVs and pickups in February drove General Motors’ (NYSE: GM) retail market share up more than one-half percentage point versus a year ago. Average transaction prices, which reflect what customers pay after sales incentives, also set a February record. “Our retail-focused go-to-market strategy is delivering robust results,” said Kurt McNeil, U.S. vice president, Sales Operations. “All of our brands grew their average transaction prices by healthy amounts, and we delivered solid growth in the industry’s fastest-growing and most profitable segments.” February Highlights (vs. February 2016) GM’s total sales were up 4 percent to 237,388 units compared with an estimated 1 percent decline for the industry. This equates to a market share of 17.5 percent, an increase of 0.9 percentage points. Retail sales totaled 188,715 units, up 5 percent, compared with a flat industry. This equates to a market share of 17.7 percent, an increase of 0.7 percentage points. GM’s average transaction prices (ATPs) rose $570 per unit to $34,900, a February record. Three years of J.D. Power PIN data show that GM has led the industry in ATPs in 35 of 36 months through February. GM internal data shows that incentive spending was essentially flat year over year. This is in sharp contrast to recently published PIN estimates that noted an increase of 2.7 percentage points to 15 percent of ATP. Commercial deliveries were up 7 percent, driven by an 11 percent increase in pickup sales and a 75 percent increase in Chevrolet Malibu sales. It was the best February Commercial sales since 2008. Government sales were up 4 percent and daily rental deliveries were down 2 percent. Total fleet sales were up 2 percent. Small business deliveries, which are included in retail sales, were up 13 percent, driven by a 22 percent increase in full-size pickups and a 39 percent increase in large vans. GM estimates the seasonally adjusted annual selling rate (SAAR) for light vehicles was approximately 17.5 million units. Brand Highlights (vs. February 2016) Chevrolet had its best February retail sales since 2007 and its best February total sales since 2008. Crossovers deliveries set a February record for the brand. Three Chevrolet models ― the Trax, Equinox and Volt ― had their best February total and retail sales ever. Traverse had its best-ever February total sales, and its best February retail sales since 2011. Deliveries of the Chevrolet Bolt EV approached 1,000 units. The national rollout of the crossover is just underway. The Chevrolet Suburban had its best February retail sales since 2008, and the Silverado had its best February total and retail sales since 2007. Buick had its best February retail sales since 2004, driven by the all-new Envision and the Encore, which set a February record. GMC had its best February retail sales since 2002, with trucks and crossovers up 18 percent and 15 percent, respectively. Standouts include the Canyon, up 21 percent; the Sierra, up 19 percent; the Acadia, up 22 percent; and the Terrain, up 8 percent. GMC Denali penetration, at 26 percent of GMC retail sales, was the highest for any February in history. GM estimates that Chevrolet and GMC earned more than 40 percent of all full-size pickup retail sales, with ATPs up nearly $600 per unit. Cadillac XT5 retail deliveries were 6 percent higher than the SRX it replaced. Average transaction prices are 8 percent higher than SRX. GM 2017 Outlook GM is optimistic that the company, and Chevrolet in particular, will continue to gain retail market share in an industry expected to remain at or near record sales levels. “Looking ahead, we will stay focused on strengthening our brands, growing retail sales and share, reducing daily rental deliveries and maintaining our operating discipline,” McNeil said. “Our strong small business deliveries are a clear sign of growing confidence in the economy.” In 2016, GM was the industry’s fastest-growing full-line automaker on a retail sales basis, and Chevrolet has been the fastest-growing full-line brand for two consecutive years. Ten all-new or recently redesigned crossovers are expected to drive GM’s sales and share higher in 2017, including the Chevrolet Equinox and GMC Terrain, which will compete in the industry’s largest segment. GM’s deliveries to daily rental companies are expected to decline as a percentage of total sales for the third year in a row. GM intends to match production with customer demand, and the company’s overall operating discipline should help drive continued improvements in brand health and resale values. Year-end inventories, which include in-transit vehicles, are expected to be in the same range as 2016.
  18. GMC News: Denali Makes Big Money For GMC

    Nearly 20 years ago, GMC decided to create a luxury version of its Yukon SUV called the Denali by putting on some chrome wheels and leather upholstery. Today, Denali is available on most of GMC's lineup and makes up 25 percent of total sales. It also makes GMC a lot of money. Motor Authority reports that the Denali trim gives GMC highest transaction price of any non-luxury brand in the industry. To put it another way, if GMC was its own automaker, it would be ranked 150th in the Fortune 500 list. How is this possible? You only need to look at GMC's top vehicles. Close to three out of four Yukons sold are Denali with price tags beginning at $65,000 and climbing. 50 percent of Sierra HDs are Denalis with average transaction prices ranging from $60,000 to $75,000. Source: Motor Authority View full article
  19. Denali Makes Big Money For GMC

    Nearly 20 years ago, GMC decided to create a luxury version of its Yukon SUV called the Denali by putting on some chrome wheels and leather upholstery. Today, Denali is available on most of GMC's lineup and makes up 25 percent of total sales. It also makes GMC a lot of money. Motor Authority reports that the Denali trim gives GMC highest transaction price of any non-luxury brand in the industry. To put it another way, if GMC was its own automaker, it would be ranked 150th in the Fortune 500 list. How is this possible? You only need to look at GMC's top vehicles. Close to three out of four Yukons sold are Denali with price tags beginning at $65,000 and climbing. 50 percent of Sierra HDs are Denalis with average transaction prices ranging from $60,000 to $75,000. Source: Motor Authority
  20. GM Announces January U.S. Sales, Affirms Positive Outlook DETROIT — General Motors (NYSE: GM) U.S. dealers delivered 195,909 cars, trucks and crossovers in January, down 3.8 percent year over year. Retail sales totaled 155,010 units, down 4.9 percent, and the company set a new January record for average transaction prices. “In early January, we focused on profitability while key competitors sold down their large stocks of deeply discounted, old-model-year pickups,” said Kurt McNeil, U.S. vice president of Sales Operations. “We gained considerable sales momentum as we rebuilt our mid-size pickup, SUV and compact crossover inventories from very low levels following record-setting December sales.” Inventories of most of these products were in the 30 – 50 days’ supply range at the beginning of January. January Highlights (vs. Jan. 2016) GM estimates that the seasonally adjusted annual selling rate (SAAR) for light vehicles was approximately 17.6 million units. GM’s ATPs, which reflect retail transaction prices after incentives, rose $1,200 per unit to $34,500, a new January record. GM was the only domestic automaker and one of only two full-line automakers to reduce incentives as a percentage of ATP. GM spending was 12.7 percent, down 0.3 points, and the industry average was 12.3 percent, up 1.3 points. Rental deliveries were down 1 percent. Total fleet sales were up 1 percent on a 12 percent increase in Government deliveries and a 1 percent increase in Commercial sales. GM’s fleet mix was 21 percent of total sales. Small business deliveries were up 4 percent. Chevrolet Retail Sales The Cruze, up 22 percent, the Volt, up 56 percent, and the Trax, up 40 percent, had their best-ever January retail sales. Total sales were also January records. Spark deliveries were up 40 percent. Bolt EVs, which were available in California and Oregon during the month, had the fastest days to turn in the industry at 7 days. The Tahoe, up 8 percent, and Suburban, up 11 percent, had their best January retail sales since 2008. The Equinox was up 4 percent. The Colorado was up 9 percent for its best January retail sales since 2005. Total sales were also the highest January since 2005. Sales of the Silverado HD pickup were up 32 percent for the truck’s best January retail sales since 2008. Total HD sales were also the best since 2008. Buick Retail Sales Crossover deliveries were up 20 percent, driven by higher Encore sales and the first-ever Envision. Average transaction prices were up 9 percent, four times better than the industry average growth. GMC Retail Sales Deliveries of the Acadia were up 15 percent. Sierra deliveries were up 2 percent, for the truck’s best retail January sales since 2002. Average transaction prices were up 7 percent, more than three times better than the industry average growth. Cadillac Retail Sales Cadillac sales were up more than 1 percent. Crossover deliveries were up 11 percent, on the strength of the new XT5. Total Escalade deliveries were up 10 percent, driven by 7 percent increase in Escalade ESV retail sales. Average transaction prices were the highest in the brand’s history at $55,300, up about $1,000 year over year. GM Momentum Continues to Grow In 2016, GM was the industry’s fastest-growing full-line automaker on a retail sales basis, and Chevrolet has been the fastest-growing full-line brand for two consecutive years on a retail basis. Chevrolet grew retail market share in 2015-2016 by almost one full percentage point, which translates to more than 120,000 incremental sales. “Our go-to-market strategy in 2017 is the same as 2016,” McNeil said. “We are focused on strengthening our brands, growing retail sales and share, reducing daily rental deliveries and maintaining our operating discipline.” GM is optimistic about the year ahead because the economy is strong and the company’s four brands are dramatically expanding their product offerings in fast-growing crossover segments. Industry sales are expected to remain at or near record levels, with higher GM retail sales and market share on a year-over-year basis. GM’s deliveries to daily rental companies are expected to decline as a percentage of total sales for the third year in a row. GM will continue to match production with customer demand. Previously announced plans to reduce passenger car production at plants in Lordstown, Ohio and Lansing, Michigan were implemented at the end of January. GM’s operating discipline will help drive continued improvements in brand health and resale values. During January, IHS Markit said GM had the highest overall loyalty to a manufacturer for the second year in a row. Also, Kelley Blue Book gave seven Chevrolet and GMC vehicles awards for outstanding resale value, more than any other manufacturer. Ten all-new or recently redesigned crossovers are expected to drive GM’s 2017 sales results, including two new compact models, which will compete in the industry’s largest segment. Crossover Launches by Brand Chevrolet will have the industry’s broadest and freshest lineup of utility vehicles behind the 238-mile range Bolt EV; the 2018 Equinox, which arrives in showrooms soon; and the all-new Traverse, which arrives this summer. At Buick, crossovers are expected to account for as much as 75 percent of retail deliveries, up from 66 percent in 2016, driven by the Encore, Envision and Enclave. GMC, which has the highest average transaction prices of any non-luxury brand, will launch the all-new 2018 Terrain in late summer. It will complement the redesigned Acadia, which went on sale in late summer 2016. Cadillac will benefit from a full year of production of the new XT5 crossover, which is now the second best-selling vehicle in its segment.
  21. The GMC Terrain has become one of the most important models for the brand. It is the second-best selling model - one of out six models sold is a Terrain. How do you a second act while trying to retain it as one of the best-selling models? Tonight at an event before the Detroit Auto Show, GMC gave the answer. GMC used the template of the Acadia crossover when designing the Terrain. But GMC also added some unique touches as well. The most apparent is the floating roofline that has been used on the Nissan Murano. There is also a large hexagonal grille and c-shaped head and taillights. Like the Chevrolet Equinox revealed last year, the Terrain has gone down in size. It is 3.2-inches shorter and rides on a wheelbase that has been cut by 5.2-inches. On the plus side, GMC was able to drop a few hundred pounds from the new model. The interior follows the Acadia's design with the same dash layout. It appears the Terrain will be getting a new version of GMC's Intellilink infotainment system along with a push-button transmission selector. The downsizing does mean a decrease in cargo space. With the rear seats up, the Terrain offers 29.6 cubic feet of space (down 2 cubic feet from the current model) Fold the rear seats and space measures out to 63.3 cubic feet (down 0.4 cubic feet). The big news are the engines. There will be three turbocharged engines on offer, 1.5L four-cylinder: 170 horsepower and 203 pound-feet of torque 2.0L four-cylinder: 252 horsepower and 260 pound-feet of torque 1.6L four-cylinder diesel: 137 horsepower and 240 pound-feet of torque Both gas engines will come with a nine-speed automatic, while the diesel retains a six-speed automatic. Front-wheel drive comes standard and all-wheel drive will be optional. The 2018 GMC Terrain will hit dealers this summer. Source: GMC Press Release is on Page 2 GMC Introduces Modern, Bold Design on 2018 Terrain Confident appearance, accommodating interior and turbo engines elevate new premium compact SUV DETROIT — GMC today introduced the all-new 2018 Terrain and unveiled the next chapter of GMC design via a boldly styled and intelligently engineered successor to the brand’s popular compact SUV. The Terrain offers greater refinement and versatility to adapt to customers’ unique needs, and it’s packed with more available advanced safety technologies than ever before. GMC offers customers the widest range of choices yet, with three all-new available turbocharged propulsion systems, including a new turbo-diesel. Two new efficiency-enhancing nine-speed automatic transmissions are matched with the gas engines — a first application for the GMC lineup. Continuing the momentum of owning 25 percent of GMC’s overall retail sales, Denali returns to the Terrain with greater exclusivity than ever, offering a distinctive range-topping design and uniquely refined features. “GMC’s strong growth over the past decade is due in large part to Terrain,” said Duncan Aldred, vice president of global GMC Sales and Marketing. “The all-new Terrain builds on that success, leveraging GMC’s proven premium SUV experience to shake up the largest vehicle segment, with a strong blend of design, functionality and engineering excellence.” The 2018 Terrain goes on sale this summer in SL, SLE, SLT and Denali models, maintaining the momentum created by the first-generation model, of which more than 700,000 have been sold in North America since it went on sale in 2009. Bold, modern design The new Terrain’s bold exterior signals the next chapter of GMC’s design language, evolving the brand’s signature cues with stronger, sharper and more sculpted elements such as the grille and lighting features. Its shape was refined in the wind tunnel to help ensure the distinctive profile cuts through the air with optimal efficiency and quietness. “It is a striking design with functional beauty,” said Helen Emsley, executive director, Global GMC Design. “There’s confidence and optimism in its stance, with exceptional attention to detail that speaks to GMC’s rise as a premium brand.” Elevating GMC’s new design, the all-new Terrain Denali will feature its signature chrome grille along with Denali-specific accents including body-color fascias and lower trim, plus chrome roof rails, door handles, side mirror caps and body-side molding. Additionally, LED headlamps and 19-inch ultra-bright machined aluminum wheels are standard on Denali. All other models feature signature LED daytime running lamps and tail lamps. Bi-functional HID headlamps are standard on SL, SLE and SLT. Additionally, 17-inch wheels are standard on SL and SLE, with 18-inch wheels available on SL and SLE, and standard on SLT. Turbocharged propulsion choices A range of three all-new turbocharged engines, including an all-new 1.6L turbo-diesel, provides more choices when it comes to performance, efficiency and capability in the all-new 2018 GMC Terrain. New 1.5L and 2.0L turbocharged gas engines are matched with two unique new nine-speed automatic transmissions, with the 2.0L turbo engine offering stronger acceleration and a higher degree of performance than its 1.5L counterpart. GMC’s new Electronic Precision Shift enables more storage room in the center console by replacing the conventional transmission shifter with electronically controlled gear selection consisting of intuitive push buttons and pull triggers. The Terrain comes standard with GMC’s driver-controllable Traction Select system, which has choices for different driving conditions. Elements such as the throttle responses are optimized for the selected driving mode. AWD models include a FWD mode that disconnects the AWD system to minimize drag and optimize fuel economy, while the AWD mode offers all the benefits of an active AWD system. Refined, versatile and purposeful interior Like the exterior, the new Terrain’s interior makes a statement and serves as a fundamental component of the vehicle’s heightened emphasis on refinement and functionality. Elements such as authentic aluminum trim, soft-touch materials on the instrument panel and doors and standard active noise cancellation are premium features seamlessly integrated into the interior design for a luxurious customer experience. The Terrain Denali heightens the GMC experience throughout the new interior with a unique trim tint color and Denali-specific logos and piping on the front seats. Denali customers will benefit from additional standard features including a heated steering wheel, navigation, Bose premium 7-speaker sound system and a hands-free programmable power liftgate. An expanded center console with pass-through storage underneath and side-by-side cupholders adds to the Terrain’s functionality. A new fold-flat front passenger seat and flat-folding rear seat help Terrain offer greater versatility for stowing longer items and make it easier to load cargo. There are also new under-floor compartments in the cargo area for more secure storage. GMC keeps passengers connected with 7- and available 8-inch-diagonal infotainment systems, featuring compatibility with Apple CarPlay and Android Auto functionality and a standard OnStar 4G LTE Wi-Fi hotspot (data plan purchase required after limited trial period) that can accommodate up to seven mobile devices. Owners can also manage their vehicles remotely with the industry-leading myGMC mobile app via their compatible smartphones. Apple CarPlay and Android Auto compatibility are subject to their terms, privacy statements and data plan rates, and require a compatible smartphone. Every new Terrain comes standard with five years of the OnStar Basic Plan[1] at no additional cost. Among other benefits, this connectivity plan features OnStar Smart Driver, an opt-in service designed to help GMC owners maximize their vehicle’s overall performance, reduce wear and tear, monitor fuel efficiency and become better drivers — all factors that add to the overall ownership experience. Expanded range of safety features An expanded range of available active safety technologies is designed to enhance driver awareness and even help make it easier to park and maneuver in low-speed situations. The features include radar- and camera-based adaptive technologies that can provide alerts to potential crash threats, allowing the driver to react and make changes to potentially avoid them, including: New Surround Vision New Forward Collision Alert with Following Distance Indicator New Low-Speed Forward Automatic Braking New Lane Keep Assist with Lane Departure Warning Lane Change Alert with Side Blind Zone Alert Rear Cross Traffic Alert New Safety Alert Seat The new Terrain also features GMC’s new Rear Seat Reminder[2] and Teen Driver[3]. Rear Seat Reminder alerts drivers to check the back seat as they exit their vehicles under certain circumstances, while Teen Driver allows parents to set controls and review an in-vehicle report card in order to help encourage better driving habits, even when adults are not in the vehicle. View full article
  22. The GMC Terrain has become one of the most important models for the brand. It is the second-best selling model - one of out six models sold is a Terrain. How do you a second act while trying to retain it as one of the best-selling models? Tonight at an event before the Detroit Auto Show, GMC gave the answer. GMC used the template of the Acadia crossover when designing the Terrain. But GMC also added some unique touches as well. The most apparent is the floating roofline that has been used on the Nissan Murano. There is also a large hexagonal grille and c-shaped head and taillights. Like the Chevrolet Equinox revealed last year, the Terrain has gone down in size. It is 3.2-inches shorter and rides on a wheelbase that has been cut by 5.2-inches. On the plus side, GMC was able to drop a few hundred pounds from the new model. The interior follows the Acadia's design with the same dash layout. It appears the Terrain will be getting a new version of GMC's Intellilink infotainment system along with a push-button transmission selector. The downsizing does mean a decrease in cargo space. With the rear seats up, the Terrain offers 29.6 cubic feet of space (down 2 cubic feet from the current model) Fold the rear seats and space measures out to 63.3 cubic feet (down 0.4 cubic feet). The big news are the engines. There will be three turbocharged engines on offer, 1.5L four-cylinder: 170 horsepower and 203 pound-feet of torque 2.0L four-cylinder: 252 horsepower and 260 pound-feet of torque 1.6L four-cylinder diesel: 137 horsepower and 240 pound-feet of torque Both gas engines will come with a nine-speed automatic, while the diesel retains a six-speed automatic. Front-wheel drive comes standard and all-wheel drive will be optional. The 2018 GMC Terrain will hit dealers this summer. Source: GMC Press Release is on Page 2 GMC Introduces Modern, Bold Design on 2018 Terrain Confident appearance, accommodating interior and turbo engines elevate new premium compact SUV DETROIT — GMC today introduced the all-new 2018 Terrain and unveiled the next chapter of GMC design via a boldly styled and intelligently engineered successor to the brand’s popular compact SUV. The Terrain offers greater refinement and versatility to adapt to customers’ unique needs, and it’s packed with more available advanced safety technologies than ever before. GMC offers customers the widest range of choices yet, with three all-new available turbocharged propulsion systems, including a new turbo-diesel. Two new efficiency-enhancing nine-speed automatic transmissions are matched with the gas engines — a first application for the GMC lineup. Continuing the momentum of owning 25 percent of GMC’s overall retail sales, Denali returns to the Terrain with greater exclusivity than ever, offering a distinctive range-topping design and uniquely refined features. “GMC’s strong growth over the past decade is due in large part to Terrain,” said Duncan Aldred, vice president of global GMC Sales and Marketing. “The all-new Terrain builds on that success, leveraging GMC’s proven premium SUV experience to shake up the largest vehicle segment, with a strong blend of design, functionality and engineering excellence.” The 2018 Terrain goes on sale this summer in SL, SLE, SLT and Denali models, maintaining the momentum created by the first-generation model, of which more than 700,000 have been sold in North America since it went on sale in 2009. Bold, modern design The new Terrain’s bold exterior signals the next chapter of GMC’s design language, evolving the brand’s signature cues with stronger, sharper and more sculpted elements such as the grille and lighting features. Its shape was refined in the wind tunnel to help ensure the distinctive profile cuts through the air with optimal efficiency and quietness. “It is a striking design with functional beauty,” said Helen Emsley, executive director, Global GMC Design. “There’s confidence and optimism in its stance, with exceptional attention to detail that speaks to GMC’s rise as a premium brand.” Elevating GMC’s new design, the all-new Terrain Denali will feature its signature chrome grille along with Denali-specific accents including body-color fascias and lower trim, plus chrome roof rails, door handles, side mirror caps and body-side molding. Additionally, LED headlamps and 19-inch ultra-bright machined aluminum wheels are standard on Denali. All other models feature signature LED daytime running lamps and tail lamps. Bi-functional HID headlamps are standard on SL, SLE and SLT. Additionally, 17-inch wheels are standard on SL and SLE, with 18-inch wheels available on SL and SLE, and standard on SLT. Turbocharged propulsion choices A range of three all-new turbocharged engines, including an all-new 1.6L turbo-diesel, provides more choices when it comes to performance, efficiency and capability in the all-new 2018 GMC Terrain. New 1.5L and 2.0L turbocharged gas engines are matched with two unique new nine-speed automatic transmissions, with the 2.0L turbo engine offering stronger acceleration and a higher degree of performance than its 1.5L counterpart. GMC’s new Electronic Precision Shift enables more storage room in the center console by replacing the conventional transmission shifter with electronically controlled gear selection consisting of intuitive push buttons and pull triggers. The Terrain comes standard with GMC’s driver-controllable Traction Select system, which has choices for different driving conditions. Elements such as the throttle responses are optimized for the selected driving mode. AWD models include a FWD mode that disconnects the AWD system to minimize drag and optimize fuel economy, while the AWD mode offers all the benefits of an active AWD system. Refined, versatile and purposeful interior Like the exterior, the new Terrain’s interior makes a statement and serves as a fundamental component of the vehicle’s heightened emphasis on refinement and functionality. Elements such as authentic aluminum trim, soft-touch materials on the instrument panel and doors and standard active noise cancellation are premium features seamlessly integrated into the interior design for a luxurious customer experience. The Terrain Denali heightens the GMC experience throughout the new interior with a unique trim tint color and Denali-specific logos and piping on the front seats. Denali customers will benefit from additional standard features including a heated steering wheel, navigation, Bose premium 7-speaker sound system and a hands-free programmable power liftgate. An expanded center console with pass-through storage underneath and side-by-side cupholders adds to the Terrain’s functionality. A new fold-flat front passenger seat and flat-folding rear seat help Terrain offer greater versatility for stowing longer items and make it easier to load cargo. There are also new under-floor compartments in the cargo area for more secure storage. GMC keeps passengers connected with 7- and available 8-inch-diagonal infotainment systems, featuring compatibility with Apple CarPlay and Android Auto functionality and a standard OnStar 4G LTE Wi-Fi hotspot (data plan purchase required after limited trial period) that can accommodate up to seven mobile devices. Owners can also manage their vehicles remotely with the industry-leading myGMC mobile app via their compatible smartphones. Apple CarPlay and Android Auto compatibility are subject to their terms, privacy statements and data plan rates, and require a compatible smartphone. Every new Terrain comes standard with five years of the OnStar Basic Plan[1] at no additional cost. Among other benefits, this connectivity plan features OnStar Smart Driver, an opt-in service designed to help GMC owners maximize their vehicle’s overall performance, reduce wear and tear, monitor fuel efficiency and become better drivers — all factors that add to the overall ownership experience. Expanded range of safety features An expanded range of available active safety technologies is designed to enhance driver awareness and even help make it easier to park and maneuver in low-speed situations. The features include radar- and camera-based adaptive technologies that can provide alerts to potential crash threats, allowing the driver to react and make changes to potentially avoid them, including: New Surround Vision New Forward Collision Alert with Following Distance Indicator New Low-Speed Forward Automatic Braking New Lane Keep Assist with Lane Departure Warning Lane Change Alert with Side Blind Zone Alert Rear Cross Traffic Alert New Safety Alert Seat The new Terrain also features GMC’s new Rear Seat Reminder[2] and Teen Driver[3]. Rear Seat Reminder alerts drivers to check the back seat as they exit their vehicles under certain circumstances, while Teen Driver allows parents to set controls and review an in-vehicle report card in order to help encourage better driving habits, even when adults are not in the vehicle.
  23. Big November Gains at Chevrolet, Buick, GMC and Cadillac Keep GM the Fastest Growing Automaker November U.S. retail market share highest since 2009 Year to Date U.S. Retail Share up 0.5 Percentage Points November Commercial sales were highest since 2008 DETROIT — General Motors (NYSE: GM) sold 197,609 vehicles in November to individual or “retail” customers in the U.S., up 8 percent from last year. Based on initial estimates, GM once again outperformed all full-line manufacturers, led by strong retail sales gains at Chevrolet, Buick, GMC and Cadillac. GM’s November retail sales performance drove GM’s U.S. retail share to its highest November level since 2009. Based on initial estimates, GM’s retail market share jumped 0.3 percentage points in November to 16.8 percent. GM has gained retail market share in 17 of the past 20 months. GM’s four U.S. brands posted strong retail sales results in November compared to last year. Chevrolet — up 5 percent for its best November since 2004 Buick — up 22 percent for its best November since 2003 GMC — up 9 percent for its best November since 2001 Cadillac — up 17 percent for its best November since 2013 GM’s total U.S. sales in November were 252,644 vehicles, up more than 10 percent from last year. All four brands outperformed the industry in November with Buick, Cadillac and GMC posting double-digit gains. “GM’s November performance reflects the continued strength of our U.S. business. We gained profitable retail share, commercial and small business deliveries were strong and we commanded the industry’s best average transaction prices,” said Kurt McNeil, GM’s vice president of U.S. Sales Operations. “We are ahead of plan selling down our 2016 model year inventory and we expect to close out December with more retail share growth. GM is heading into 2017 in a position of strength with the planned launch of key new products, like the all-new Chevrolet Equinox, into the heart of the market.” GM’s ATPs, which reflect retail transaction prices after sales incentives, were $35,767 in November, more than $4,000 above the industry average and ahead of last November. Through the first 11 months of the year, GM’s U.S. retail sales were up nearly 2 percent compared to last year. GM gained 0.5 percentage points of U.S. retail market share during that timeframe, the largest retail share gain of any full-line automaker. Year to date, Chevrolet U.S. retail sales are up nearly 3 percent and the brand’s retail share has grown 0.5 percentage points to 11.1 percent. Chevrolet continues to be the U.S. industry’s fastest-growing brand. Year to date, Buick retail deliveries have grown more than 5 percent and Buick has gained 0.1 percentage points of retail share. GM continues to benefit from a strong U.S. economy and strong retail demand for its products. “All economic indicators show significantly improved optimism about the U.S. economy including consumer and business sentiment, which continue to drive a very healthy U.S. auto industry,” said Mustafa Mohatarem, GM’s chief economist. “We believe the U.S. auto industry is well-positioned for sales to continue at or near record levels into 2017.” November 2016 Retail Sales and Business Highlights vs. November 2015 (except as noted) Chevrolet Malibu and Volt were up 24 percent and 25 percent, respectively. Silverado and Colorado were up 5 percent and 39 percent, respectively. Suburban, Tahoe, Equinox and Trax were up 6 percent, 12 percent, 7 percent and 47 percent, respectively. Malibu had its best November since 1997. Silverado had its best November since 2003. Colorado had its best November since 2004. Trax, Volt and Equinox had their best November ever. Tahoe and Suburban had their best November since 2007. 17th straight month of year over year gains for Chevrolet full-size utilities. GMC Sierra and Canyon were up 14 percent and 43 percent, respectively. Acadia, Yukon and Yukon XL were up 4 percent, 22 percent and 19 percent, respectively. Brand ATP was at $43,887, the highest November on record. Highest November ever for Denali penetration, at 27.8 percent. Best November ever for Canyon and ninth month of year over year increases. Yukon and Yukon XL had their best November since 2007. Buick Regal and Encore were up 41 percent and 35 percent, respectively. 68 percent of sales were crossovers. Best year to date retail performance since 2005. Cadillac Escalade was up 24 percent and had its best month of the year. Escalade had its best November since 2007. XT5 had its best month since launch with sales up 12 percent over last month and up 27 percent over the SRX last November, the vehicle it replaced. Year to date ATP was $53,690, the highest ever in Cadillac history Average Transaction Prices (ATP)/Incentives (based on JD Power PIN estimates) GM’s ATPs, which reflect retail transaction prices after sales incentives, were $35,767 in November, more than $4,000 above the industry average. In November, GM’s incentive spending as a percent of ATP was 13.7 percent, above the industry average of 12.4 percent. However, year to date, GM’s incentive spending was 11.7 percent, slightly above the industry average of 11.4 percent and well below the incentive spending of its domestic competitors and many of its global competitors. Fleet and Commercial Automotive Fleet magazine named Malibu “Fleet Car of the Year”. GM Fleet sales were up 19 percent versus last November. Fleet sales were 22 percent of GM’s sales for the month. Commercial deliveries were up 11 percent for the month and it was the best November Commercial sales since 2008. Malibu Commercial deliveries were up 170 percent versus last November. Small Business deliveries were up 15 percent for the month versus last November, driven by large vans, which were up 93 percent and large pickups, which were up 16 percent versus last November. Federal government sales were up 9 percent versus last November. Rental sales were up 27 percent versus last November but are down 25 percent CYTD, according to plan. GM’s outlook on its daily rental sales mix remains in the 11 percent range of total U.S. sales for 2016 and daily rental sales for the year are expected to be down about 75,000 vehicles. Industry Sales GM estimates that the seasonally adjusted annual selling rate (SAAR) for light vehicles in November was approximately 17.9 million units. On a calendar year-to-date basis, GM estimates the light-vehicle SAAR was 17.5 million units.
  24. October 2016: General Motors Co.

    Chevrolet and Buick Post Big Retail Sales and Share Gains Keeping GM the Fastest-Growing Full-line Automaker Chevrolet U.S. retail sales up 6 percent for best October since 2004 Buick U.S. retail sales up 7 percent for best October since 2003 GMC sets brand’s all-time record for October ATP at $43,988 DETROIT – General Motors (NYSE: GM) sold 208,290 vehicles in October to individual or “retail” customers in the U.S., up 3 percent from last year, despite two fewer selling days. Based on initial estimates, GM outperformed the entire U.S. retail industry by a wide margin. Led by Chevrolet and Buick, GM’s U.S. retail market share rose to its highest October level since 2009. Based on initial estimates, GM’s retail market share jumped 1.6 percentage points in October to 18.1 percent, the largest retail market share gain of any manufacturer. GM has gained retail market share in 16 of the past 19 months. Chevrolet’s October U.S. retail sales were up 6 percent compared to last year, the brand’s best October since 2004. Buick’s October U.S. retail sales were up 7 percent, the brand’s best October since 2003. Chevrolet gained 1.4 percentage points of U.S. retail market share in October to 12.3 percent. Chevrolet has gained U.S. retail market share in 9 out of 10 months this year, and remains the industry’s fastest-growing full-line brand. Buick gained 0.2 percentage points of retail market share in October. In addition, GMC set an all-time October record for the brand’s ATP or Average Transaction Price of $43,988, up more than $1,800 over last October’s performance. GM’s total U.S. sales in October were 258,626 vehicles, down less than 2 percent from last year. In addition, GM’s daily rental sales were down approximately 8,000 vehicles or about 19 percent in October compared to last year, as planned. “GM’s October performance reflects the strength of our retail business and our operating discipline. We gained profitable retail share in October while spending less than the industry average on incentives and commanding the industry’s best average transaction prices for any full-line automaker,” said Kurt McNeil, GM’s vice president of U.S. sales operations. “We will continue our disciplined approach and focus on retail in a strong industry.” In October, GM’s incentive spending as a percent of ATP was 11.7 percent, below the industry average of 11.8 percent. GM’s ATPs, which reflect retail transaction prices after sales incentives, were $36,155 in October, more than $4,650 above the industry average and more than $1,000 above last October’s performance. Through the first ten months of the year, GM retail sales are up 1 percent, compared to last year. GM has gained 0.6 percentage points of retail share during that timeframe, the largest retail share gain of any full-line automaker. Year to date, Chevrolet retail sales are up more than 2 percent and the brand’s retail share has grown 0.5 percentage points to 11.2 percent. Year to date, Buick retail deliveries have grown nearly 4 percent and Buick has gained 0.1 percentage points of retail share. GM continues to benefit from a strong U.S. economy. “Key fundamentals like job security, rising personal incomes, low fuel prices and low interest rates continue to provide the environment for a very healthy U.S. auto industry,” said Mustafa Mohatarem, GM’s chief economist. “The U.S. auto industry is well positioned for sales to continue at or near record levels for the foreseeable future.” October Retail Sales and Business Highlights vs. 2015 (except as noted) Chevrolet Chevrolet had its best October since 2004 and best year to date sales since 2006 Chevrolet cars sales continue to grow faster than the passenger car industry Malibu, Camaro, Corvette, Spark and Volt were up 39 percent, 14 percent, 8 percent, 5 percent and 6 percent, respectively Malibu had its best October since 1980 Camaro had its best October since 2009 Colorado, Suburban, Tahoe and Trax were up 42 percent, 35 percent, 49 percent and 37 percent, respectively Tahoe and Suburban had their best October since 2007 Colorado had its best October since 2004 GMC ATPs growing three times faster than industry pace Acadia, Canyon, Yukon XL and Yukon were up 17 percent, 15 percent, 3 percent and 26 percent, respectively More than 25 percent Denali penetration for the brand Sierra had its highest ATP ever at $46,876 Canyon had its best October ever Acadia had its best October ever Yukon had its best October since 2007 and 14th month of year-over-year growth Yukon XL had its best October since 2007 Buick Best October since 2003 and best year to date since 2005 LaCrosse was up 13 percent with new model off to a strong start Envision had best month since launch Cadillac Escalade retail sales up year to date more than 6 percent October ATP was a record $55,058, up more than $2,300 from last October Record year to date ATP of $53,542 Year-to-date retail luxury market share in line with 2015 performance Average Transaction Prices (ATP)/Incentives GM’s ATPs, which reflect retail transaction prices after sales incentives, were $36,155 in October, more than $4,650 above the industry average in October and more than $1,000 above last October GM’s October incentive spending as a percentage of ATP was 11.7 percent, below the industry average of 11.8 percent, but down 1.4 percentage points from last month and well below many other competitors Fleet and Commercial Commercial fleet up 13 percent vs. September, and up 3 percent, selling day adjusted, YOY Malibu up 95 percent compared to last October Mid-size trucks up 218 percent compared to last October Federal Government sales up 53 percent Rental down 19 percent for October, and 29 percent year to date, according to plan Industry Sales GM estimates that the seasonally adjusted annual selling rate (SAAR) for light vehicles in October was approximately 18.0 million units. On a calendar year-to-date basis, GM estimates the light-vehicle SAAR was 17.4 million units
  25. Previous Page Next Page GMC has been expanding their off-road offerings with the All Terrain X package for the Canyon and Sierra 1500. Today, GMC announced that the All Terrain X package will be available for the 2017 Sierra 2500HD. The package adds the Z71 off-road suspension with Rancho shocks, Eaton automatic locking rear differential, underbody shield for the transfer case, a set of Goodyear off-road tires with an aggressive tread pattern, and 18-inch off-road wheels finished in black. Outside, the Sierra 2500HD All Terrain X features a body-color grille surround, side-steps finished in black, spray-in bedliner, and a sport bar mounted in the bed for lights. You'll be able to choose from either a 6.0L Vortec V8 engine (360 horsepower, 380 pound-feet) or the brand new 6.6L Duramax turbodiesel V8 (445 horsepower, 910 pound-feet of torque). GMC says the Sierra 2500HD All Terrain X will be available later this year. Pricing will be announced at a later date. Source: GMC Press Release is on Page 2 GMC Introduces Sierra HD All Terrain X Third model in brand’s X series offered with all-new Duramax 6.6L diesel AUSTIN, Texas — GMC today introduced the 2017 Sierra HD All Terrain X, the most off-road-capable model in the Sierra HD lineup, and one that matches its enhanced capability with trail-ready style and the brand’s signature refinement. It joins Canyon and Sierra 1500 this fall as the third model in GMC’s distinctive, limited-edition All Terrain X series, offered on the Sierra 2500HD crew cab 4WD with a 6.0L gas V-8 engine or the all-new, next-generation Duramax 6.6L V-8 turbo-diesel. More powerful than ever, the new Duramax delivers a segment-topping SAE-certified 445 hp (332 kW) and an SAE-certified 910 lb.-ft. of torque (1,234 Nm). “The new Sierra HD All Terrain X’s powerful attitude reflects a popular trend in very capable off-road trucks, executed with a range-topping level of refinement — a combination of attributes GMC has cultivated for years,” said Duncan Aldred, vice president of GMC Sales and Marketing. “And with the new, available Duramax 6.6L, this truck more than matches its bold good looks with true professional-grade capability.” The All Terrain X’s customized appearance blends a premium package of monochromatic exterior trim and special equipment, complemented with GMC’s latest technologies. Content includes: 18-inch black-painted aluminum wheels LT275/65R18 Goodyear Duratrac MT-rated tires that feature an aggressive tread pattern for outstanding off-road performance A unique body-color grille surround with All Terrain insert Body-color door handles and bodyside moldings Black power-adjustable heated and power-folding trailering mirrors with integrated turn signals, LED rear guidance lamps and LED amber clearance lamps Black belt moldings, front bumper skidplate and B-pillars 4-inch black sport side steps Black sport bar (mounted in the bed) designed to support available GMC Accessories LED off-road driving lamps Offered in Black Onyx and Summit White exterior colors Additional All Terrain equipment includes a spray-on bedliner, Front and Rear Park Assist, the Z71 off-road suspension package, underbody shield, heated steering wheel and all-weather floor liners. The Eaton automatic locking rear differential is also standard. The 2017 Sierra 2500HD All Terrain X also features GMC IntelliLink with an 8-inch-diagonal color touchscreen, Teen Driver, remote-locking tailgate, remote starting system, Rear Vision Camera, adjustable pedals, leather-appointed seats, heated front seats and wireless charging. Previous Page Next Page View full article

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