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☆ GM to end production of Chevrolet Bolt EV later this year
▼ + stars: | 2023-04-25 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

[1/3] A close-up view of the Chevrolet Bolt electric vehicle is seen at Stewart Chevrolet in Colma, California, U.S., October 3, 2017. "We have progressed so far that it's now time to plan to end the Chevrolet Bolt EV and EU production, which will happen at the very end of the year," GM CEO Mary Barra told investors on Tuesday. The Bolt, GM's first mass market EV, still accounts for more than 90% of all U.S. GM EV sales. The Bolt was preceded by the Chevrolet Volt -- a plug-in hybrid that GM ended production in 2019. The recall prompted GM to halt Bolt production and sales for more than six months.

☆ Ram electric pickup truck can go 500 miles on a charge, says Stellantis
▼ + stars: | 2023-04-05 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

GM expects to get 400 miles of range from its electric trucks. That’s one reason why having a lot of range can be an especially good thing in an electric truck. The pickup truck battle of numbers isn’t just limited to power and pulling, however. Even the Ram TRX, a pickup designed for high-speed desert driving, has a 702-horsepower V8 engine, only slightly more power than the Ram REV. Essentially a plug-in hybrid, that truck will be for customers who aren’t ready to trust a fully electric truck.

☆ General Motors' U.S. sales jump 18% in the first quarter
▼ + stars: | 2023-04-03 | by ( John Rosevear | ) www.cnbc.com time to read: +2 min

A GMC pickup truck is displayed for sale on a lot at a General Motors dealership on January 05, 2023 in Austin, Texas. General Motors said Monday that its first-quarter U.S. sales rose 18% from a year ago, to just over 600,000 vehicles delivered, as it continued its rebound from the supply chain problems that limited global auto production in 2021 and early 2022. Most of those electric vehicles were Chevrolet Bolts, but GM did sell 968 of its brand-new Cadillac Lyriq EVs, built on the company's next-generation Ultium EV architecture. GM has been working to ramp up its production of its Ultium-based electric vehicles, with new high-volume Ultium-based models including an electric Chevrolet Equinox crossover due later in 2023. The company's EV sales volumes are expected to ramp up sharply from there in 2024 and 2025.

☆ Ongoing supply shortages threaten U.S. infrastructure and war efforts
▼ + stars: | 2023-03-29 | by ( Lisa Baertlein | ) www.reuters.com time to read: +4 min

"One of the big issues as we're trying to ramp up the military industrial base is having enough electronic components," Miller said. Companies that make war weapons like shoulder-fired Javelin and Stinger missiles are awaiting U.S. funding before starting new production for Ukraine. "Any general shortage in semiconductors will affect defense," said Brad Martin, director of Rand Corp's National Security Supply Chain Institute. On the other hand, ongoing demand for auto and farm equipment has kept stocks of microchips that act as electronic brains in that machinery tight. "As we've moved through the past year or so, we have seen gradual improvement in our supply chain, including semiconductors ... Short-term disruptions will continue to happen," GM spokesman Dan Flores told Reuters in an email.

The supply chain woes that sent costs soaring and spurred shortages of everything from toilet paper to passenger cars are easing for retail-focused industries, but remain stubbornly persistent in important growth sectors like autos, machinery, defense and non-residential construction, experts said. "One of the big issues as we're trying to ramp up the military industrial base is having enough electronic components," Miller said. Companies that make war weapons like shoulder-fired Javelin and Stinger missiles are awaiting U.S. funding before starting new production for Ukraine. "Any general shortage in semiconductors will affect defense," said Brad Martin, director of Rand Corp's National Security Supply Chain Institute. "As we've moved through the past year or so, we have seen gradual improvement in our supply chain, including semiconductors ... Short-term disruptions will continue to happen," GM spokesman Dan Flores told Reuters in an email.

DETROIT/WASHINGTON, March 3 (Reuters) - Ford Motor Co (F.N) on Friday said it was studying ways to boost output of gasoline-powered and hybrid F-150 trucks at a Michigan factory as part of a broader plan to boost production of several models. The automaker reiterated that it is still on track to triple F-150 Lightning EV production this year, targeting an annual production run rate of 150,000 by the end of 2023. The automaker was forced to halt production in early February after a battery fire, and plans to resume production on March 13. Ford's U.S. F-150 sales fell 9.9% in 2022 to about 654,000, including 15,617 F-150 EV trucks, as the company struggled with production and supply chain problems. Postal Service this week said it would buy 9,250 E-Transit delivery vehicles from Ford starting later this year.

☆ Ford will start making Lightning electric trucks again on March 13
▼ + stars: | 2023-03-02 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

CNN —Following an issue with a battery fire during testing, Ford will restart production of its popular F-150 Lightning electric pickup on Monday, March 13, the company announced Thursday. During pre-delivery inspections, one of the trucks caught fire, according to Ford, and the company halted production and deliveries of the F-150. In the coming days, the new battery cells will be assembled into the battery packs that Ford uses to build the trucks. Stellantis is also supposed to begin production of the Ram 1500 Rev electric truck later next year, as well. The automaker is also building production facilities in Kentucky and Tennessee to build electric vehicle batteries and electric trucks.

☆ Car buyers rejoice: Discounts are making a comeback — but you might have to ask for them
▼ + stars: | 2023-03-01 | by ( Alexa St. John | ) www.businessinsider.com time to read: +5 min

Car buyers didn't see the end-of-year blowout sales in November and December that they had been used to in holiday seasons' past. Instead, shoppers had to settle for new and used vehicles with markups above sticker price and no wiggle room. That puts discounts now at around $1,297, about 1% higher than the same time in 2022, Deutsche Bank analysts estimated this week. Where buyers might find the best incentivesLuxury vehicles saw the highest incentives at 6.2% in January, KBB said. "There's also some loyalty cash, and there's a pretty decent amount of rebates on some of the higher end vehicles.

The major Detroit pickup truck brands are sitting on growing inventories of unsold vehicles, according to Cox Automotive data provided to Reuters. Inventory levels are over 100 days’ supply for rival Stellantis NV's (STLAM.MI) Ram half-ton and heavy-duty pickups. Stellantis said in a statement it had no downtime planned at any of its North American plants, but constantly reviewed its inventory levels and would make production adjustments as needed. February sales growth was led by a 54% increase in sales to fleet customers, Power and LMC said. Especially for trucks," said Ohio dealer Rhett Ricart, whose Ricart Automotive Group sells Ford and GM trucks at different stores.

☆ GM to idle Indiana truck plant for two weeks as demand plateaus
▼ + stars: | 2023-02-23 | by ( Priyamvada C | ) www.reuters.com time to read: +2 min

Feb 23 (Reuters) - General Motors (GM.N) said on Thursday it will halt production at its Fort Wayne Assembly truck plant in Indiana for two weeks from March 27 as inventory starts to outweigh demand with the easing of supply-chain snags. Shares of the U.S. automaker fell 3% in early trade, while rival Ford Motor Co (F.N) was about 1% lower. Analysts have warned that rising interest rates and high vehicle prices could begin to depress demand, even as inventories of new vehicles have been rising over recent weeks. GM said in a statement that its production was up over the past month while demand remained "fairly consistent", leading to an increase in inventory. Last year, GM's truck plant was idled for two weeks over semiconductor chip shortages.

☆ Electric Ram pickup debuts in Super Bowl ad that pokes fun at rivals, sex-drug commercials
▼ + stars: | 2023-02-12 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Ram's 2023 Super Bowl ad debuts the production version of the Ram 1500 REV electric pickup that is expected to go on sale late-next year. DETROIT – Stellantis will air a 60-second Super Bowl ad for its Ram brand to indirectly take shots at the current all-electric vehicle market, specifically pickup trucks. "Are you excited about buying an electric vehicle but worry that it could leave you ... The ad debuts the production version of the Ram 1500 REV electric pickup that is expected to go on sale next year. Online reservations for the electric pickup, which debuted as a concept in January, also open Sunday.

☆ New cars are crazy expensive but, if you’re careful, they don’t have to be
▼ + stars: | 2023-02-11 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +7 min

Yet the average sticker for base models, adjusted for inflation, has actually gone down a little — even as consumers have shifted from sedans to more expensive SUVs. That’s good news for drivers willing to go no-frills: If you don’t want to pay lots of a new car, you don’t have to. It has a base price of $15,730. These base price models may not make much money, if any, for automakers. The average price of a GMC Sierra 2500 HD, as sold, is now double the base price.

☆ Tesla breaks into America's bestselling cars list for 2022, but trucks still dominate
▼ + stars: | 2023-01-07 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Tesla does not report regional or individual vehicle sales, so the data is estimated. Overall, Tesla reported delivering about 1.25 million Model Y and Model 3 vehicles globally in 2022. "The brand, despite all the news and stuff, still dominates the EV market and it dominates the luxury market. A lot of that strength comes from the Model Y."

Ram 1500 Revolution BEV electric concept pickup truck Stellantis"This is a vision, or a glimpse, into the future of Ram Trucks," Ram CEO Mike Koval Jr. told CNBC. The electric Ram truck is expected to enter an increasingly crowded segment of electric pickups that already includes the GMC Hummer EV, Ford F-150 Lightning, Lordstown Endurance and smaller Rivian R1T. Ram 1500 Revolution BEV electric concept pickup truck StellantisKoval said Ram isn't worried about being late to the segment. Ram 1500 Revolution BEV electric concept pickup truck StellantisThe design of the concept electric Ram pickup appears to be more of a lifestyle pickup rather than a traditional work truck, but executives said the production vehicle will serve both purposes. "The TRX (a performance version of the Ram 1500) has that in spades," Gilles told CNBC.

☆ GM recalls 825,000 trucks, SUVs over headlight issue
▼ + stars: | 2022-12-14 | by ( David Shepardson | ) www.reuters.com time to read: +1 min

The recall covers 740,000 U.S. vehicles and 85,000 in Canada. GM said the body control module software will be updated by a dealer, or through an over-the-air update to address the issue. The recall is an expansion of a recall GM announced in November for the sale issue. The recall was prompted after a GM engineer submitted a report about the issue in October prompting a company investigation. Reporting by David Shepardson; Editing by Andrew Heavens, Marguerita Choy and David GregorioOur Standards: The Thomson Reuters Trust Principles.

☆ Ford F-150 Lightning named MotorTrend Truck of the Year, the second electric pickup in a row
▼ + stars: | 2022-12-13 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

CNN —The Ford F-150 Lightning was named MotorTrend’s 2023 Truck of the Year on Tuesday, making it the second electric pickup in a row to win that award. MotorTrend’s panel of judges lauded the F-150 Lightning as “the best-riding, best-handling, and best-driving F-150 yet.” Unlike other versions of the F-150, the Lightning has independent rear suspension instead of a solid axle connecting the back wheels. It’s also another sign that electric power is making its mark among America’s most popular type of vehicle. The Ford F-150 Lightning has a large storage area under the hood instead of a gas engine. The F-150 Lightning was a unanimous winner among the MotorTrend’s seven jurists.

☆ Electric Ford F-150 Lightning named MotorTrend's truck of the year
▼ + stars: | 2022-12-13 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT — The electric Ford F-150 Lightning was named MotorTrend's 2023 truck of the year Tuesday, topping traditional pickups with internal combustion engines from General Motors , Stellantis and Toyota Motor . The F-150 Lightning is a pivotal product for both Ford Motor and the U.S. automotive industry. It's the first mass-market electric pickup truck for mainstream buyers and widely viewed as a test of widespread EV adoption. "While some vehicles change the world by being radically different, others, like the Ford F-150 Lightning, change it by being different where it counts and familiar where it helps," MotorTrend said in a press release. Other finalists for MotorTrend's truck of the year were the 2022 Chevrolet Silverado 1500, 2022 GMC Sierra 1500, 2023 Ram 2500 and 2022 Toyota Tundra.

☆ Rivian owners can’t help but gush about their trucks, flaws and all
▼ + stars: | 2022-10-27 | by ( Matt Mcfarland | ) edition.cnn.com time to read: +9 min

“The Rivian is probably my favorite vehicle.”A Rivian R1T leaves the assembly line at its manufacturing plant in Normal, Illinois. Rivian owners have generally praised the R1T's features, including the gear tunnel for extra storage. Barnhart was one of several Rivian owners who said they were pleased with how accurately Rivian estimates its vehicles range. Feehley and other Rivian owners say it’s common to get questions from curious onlookers in parking lots, or to have people in cars driving alongside them taking pictures. Rivian owners describe being unwilling to ever sell their trucks.

☆ GMC unveils first edition of Sierra EV Denali which costs over $100,000
▼ + stars: | 2022-10-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGMC unveils first edition of Sierra EV Denali which costs over $100,000CNBC's Phil Lebeau looks at the GMC Sierra EV Denali.

☆ Sierra EV joins General Motors' electric truck family in early 2024
▼ + stars: | 2022-10-20 | by ( Paul Lienert | ) www.reuters.com time to read: +2 min

The first version, due in early 2024, is the fully loaded Sierra EV Denali Edition 1, which will be built in limited numbers and priced from $107,000. Register now for FREE unlimited access to Reuters.com RegisterLike its sister model, the Chevrolet Silverado EV, the four-door Sierra EV shares its Ultium battery pack with the GMC Hummer EV. The high-end Sierra EV Denali Edition 1 boasts 754 horsepower and an estimated range of 400 miles. When the battery pack is depleted, a DC fast charger can add about 100 miles of range in 10 minutes, GM said. The feature-laden Sierra EV Denali comes with an adaptive air suspension, a massive 16.8-inch center display, 14-inch multi-color head-up display, panoramic glass roof and Super Cruise hands-free driving assist.

☆ GM's new GMC Sierra EV will offer traditional truck buyers an upscale electric alternative to the Hummer
▼ + stars: | 2022-10-20 | by ( John Rosevear | ) www.cnbc.com time to read: +1 min

General Motors unveiled its latest electric pickup, the new electric GMC Sierra, and began taking reservations for a fully-loaded $107,000 version, called Sierra EV Denali Edition 1, on Thursday. The automaker expects to begin shipping the Edition 1 in early 2024 and to add lower-priced versions of the Sierra EV — starting at around $50,000 — later that year. It says the pickup will offer buyers something different when it begins arriving at dealers, even though it shares much of its technology with GMC's Hummer EV pickup and SUV and the upcoming Chevrolet Silverado EV. One of the biggest differences between the GMC's wild Hummer EV and the new electric Sierra might be the new truck's traditional pickup shape. "With the Hummer EV, we found that 70% of customers with reservations are new to EVs, and about 75% of them are new to the GMC brand."

☆ We got an early look at the $107,000 GMC Sierra EV, an electric pickup with 400 miles of range that's coming in 2024
▼ + stars: | 2022-10-20 | by ( Tim Levin | ) www.businessinsider.com time to read: 1 min

The first version available to customers — the Sierra EV Denali Edition 1 — will cost $107,000 and up and is loaded with all the best tech and features GMC has to offer. The 2024 GMC Sierra EV Denali Edition 1. Tim Levin/Insider

☆ Cadillac's new $300,000 electric car comes with 5 screens, futuristic looks, and 300 miles of range — see the Celestiq
▼ + stars: | 2022-10-18 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

The Cadillac Celestiq. The Cadillac Celestiq. The Cadillac Celestiq. The Cadillac Celestiq. The Cadillac Celestiq.

☆ Ford, GM upgrade their heavy-duty pickup profit machines
▼ + stars: | 2022-09-28 | by ( Joseph White | ) www.reuters.com time to read: +3 min

Ford said the Super Duty franchise generates "more revenue than many Fortune 500 companies, including Southwest Airlines, Marriott International or Nordstrom." Heavy-duty pickups such as the Super Duty and Silverado HD do dirty work in oil fields and on construction sites. Ford on Tuesday unveiled the latest generation of the Super Duty at Churchill Downs racetrack in Louisville, Kentucky, not far from the factory where most Super Duty trucks are built. read moreOne day ahead of Ford's Super Duty reveal, Chevrolet outlined a list of improvements to its Silverado HD heavy pickup line, which trails the Super Duty in sales. Chevrolet said it will now offer only a 10-speed Allison transmission on its heavy duty Silverado trucks.

☆ GM investing $760 million in Toledo factory to make electric car drive units
▼ + stars: | 2022-09-23 | by ( Peter Valdes-Dapena | Cnn Business | ) edition.cnn.com time to read: +1 min

(CNN) General Motors is investing $760 million in its Toledo Propulsion Systems factory, which builds transmissions for gas-powered vehicles, so that it can make electric drive units for electric vehicles, too. The drive units will be used in GM electric trucks, the automaker said, including the GMC Hummer EV, which is currently in production, and the upcoming Chevrolet Silverado EV and GMC Sierra EV. It will be GM's first US engine or transmission factory adapted for electric vehicle-related production. Electric drive units include an electric motor, one-speed transmission and power electronics that bring power to and from the motor. For the now, at least, the factory will continue building transmissions for front- and rear-wheel-drive gas-powered vehicles along with the electric drive units, GM spokesman Dan Flores said.

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