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The stylish EV3 is built on the same electric platform used across the Hyundai, Kia, and Genesis brands. A Kia EV3 compact electric SUV KiaThe EV3 will compete with other compact electric crossovers like the Hyundai Ioniq 5, Tesla Model Y, and the new Chevrolet Equinox EV. However, buyers can opt for the EV3 Long Range, which will be equipped with a larger 81.4 kWh pack. All versions of the EV3 will be powered by a single 201 hp (150kW) electric motor driving the front wheels. Kia says the EV3 can run from 0 to 62 mph in 7.5 seconds and reach a top speed of 106 mph.
Organizations: Hyundai, Kia, Tesla, Equinox
The Equinox EV is launching with higher-priced models that start at roughly $43,000 to $51,100 (without any incentives). The Equinox EV is arriving to market following the Blazer EV and alongside GM's more than $96,000 Silverado EV RST. Equinox EVAll of that being said, the Equinox EV is an Equinox in name only. Outside of the U.S., the Equinox EV will be sold in Canada, Mexico, the Middle East and some South American markets such as Brazil. GM's 2024 Chevrolet Equinox EV (right) next to a gas-powered Chevy Equinox on May 16, 2024 in Detroit.
Persons: Michael Wayland, Mark Reuss, Tesla, Kathleen Murawski, Chevy Bolt, It's, We've, Rory Harvey, we've, Marissa West, West, Paul Waatti, Waatti Organizations: CNBC DETROIT, General Motors, GM, CNBC, Chevy, GMC Hummer EV, Blazer, Global, Silverado EV RST, Silverado, GM North America, Chevrolet, Motors, EV Locations: Detroit, China, U.S, Canada, Mexico, Brazil
Growing up in Mexico, Marco Flores fantasized about the lowrider cars he saw in magazines, studying their colorful bodies and gleaming engine compartments. In a tribute, Mr. Flores eventually restored a Chevelle in electric blue — the same muscle car his father had owned — with the help of his children. Now his custom-made creations, which he designs and fabricates after work in his garage in Port Chester, N.Y., are featured in those same lowrider magazines. His blue Chevelle “represents my entire childhood and the passion I have for cars,” said Mr. Flores, 55, who works six days a week at a Mamaroneck auto body shop. Just as Mr. Flores shared his skills with his children, many fans embrace the scene as a family-friendly way to honor traditions and celebrate accomplishments, adding hydraulics in the trunk, bright paint across the body and iconography like Our Lady of Guadalupe on the hood.
Persons: Marco Flores fantasized, Chevrolet, Flores, , Guadalupe Locations: Mexico, Port Chester, N.Y, Los Angeles, Mexican
The National Insurance Crime Bureau released their list of the most stolen cars in America for 2023. Hyundai and Kia models took six of the top 10 spots in the insurance industry trade group's list. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHyundai and Kia dominate the National Insurance Crime Bureau's list of the most stolen cars in America. The compact Hyundai Elantra took the top spot, with more than 48,000 vehicles stolen, 2.5 times the number stolen in 2022.
Persons: Organizations: Insurance, Hyundai, Kia, Chevrolet, Ford, Honda, Service, National Insurance, America . Vehicles, South, Business Locations: America
The American pickup truck market is dominated by domestic brands, primarily Ford , Chevrolet , GMC and Ram . But the Toyota Tacoma shows how a foreign automaker can find and control a niche within that market. Toyota introduced the Tacoma in 1995 as a successor to the Toyota Pickup, famously known as the Hilux elsewhere in the world. What's more, of the some seven models in the midsize segment, Tacoma is the only one that comes with a long bed. Watch the video to learn more about how the Tacoma has stayed atop the midsize truck segment, and how it is working to meet the challenge of an expanding market.
Persons: Edmunds Organizations: Ford, Chevrolet, GMC, Ram, Toyota Tacoma, GM, Toyota, Tacoma, Toyota Pickup, Ford Motor, Chevrolet Colorado, U.S . Locations: Ram . U.S, America, U.S, Chevrolet Colorado, Tacoma
How Toyota took on America's trucks
  + stars: | 2024-05-18 | by ( Darren Geeter | Robert Ferris | Christina Locopo | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Toyota took on America's trucksThe pickup truck segment is perhaps Detroit's last stronghold in the U.S. auto market, with the Ford, Chevrolet, GMC and RAM brands leading or outright dominating three out of four pickup segments. But the midsize Toyota Tacoma has had the longest-running tenure in that segment where it outsells all rivals by a large margin. But Tacoma is facing fresh challenges in the next few years, from foreign names such as Hyundai and Volkswagen to legacy U.S. automakers to EV makers like Rivian and Tesla.
Organizations: Toyota, Ford, Chevrolet, GMC, Toyota Tacoma, Tacoma, Hyundai, Volkswagen, U.S, EV Locations: U.S
CNN —Scottie Scheffler is a man well-accustomed to making global headlines, but almost never for events beyond the confines of the golf course. In 2014, at 17, as an amateur he made a hole-in-one and the cut on his first PGA Tour start. Without a PGA Tour victory heading into 2022, by April of that year he was a four-time victor, the world No. 1’s image as the self-effacing star of the PGA Tour, a perception he is content to endorse. His 10th PGA Tour title, it made him the first golfer since Woods in 2006 to win a PGA Tour event the week after triumphing at a major.
Persons: Scottie Scheffler, Tiger Woods, Scheffler, Ryder, Scheffler coasted, , Meredith, ” Scheffler, Ted Scott, ” Scottie Scheffler, David J, Phillip, Mary, Grandma, CNN Sport’s Don Riddell, Jared C, Tilton, Scheffler’s, Riddell, , I’m, I’ve, golf’s, Jamie Squire, Arnold Palmer, Andrew Redington, Bennett, Woods, triumphing, Rory McIlroy, Scott Organizations: CNN, Dallas, PGA, Augusta National, University of Texas, TPC, PGA Tour, Cowboys, Team USA, Ryder, Arnold Palmer Invitational, RBC Heritage, Northern Locations: Ridgewood , New Jersey, Augusta, Ponte Vedra Beach , Florida, Dallas, Rome, Valhalla, Louisville
Read previewChevrolet is just getting started on its takeover of the electric car market, says Steve Majoros, the brand's chief marketing officer. It's not exactly a great time to put more electric vehicles on sale. But the tides finally are turning in Chevrolet's favor, Majoros said, as EV shoppers gravitate to more practical options and legacy brands. Recent studies on a new cohort of electric car shoppers show that they are more inclined to consider purchasing an electric car from a legacy brand. After years of a virtual monopoly on the EV market, shoppers are growing tired of Tesla and looking for fresher options.
Persons: , Steve Majoros, Majoros, musing, Elon Musk, Elon Musk's Tesla, Tesla, We've Organizations: Service, longtime, Business, Silverado, Tesla, Chevrolet, Elon, EV, Detroit, GM Locations: Chevrolet's
CNN —Cruise, General Motors’ autonomous driving technology subsidiary, will start taking its self-driving vehicles out on public roads again this week. The company had stopped testing last October following an incident in San Francisco in which a pedestrian was badly injured. Last October, a Cruise self-driving car, with no one inside, hit a pedestrian after the person had first been struck by another vehicle. After striking the pedestrian, the Cruise vehicle attempted to pull off to the side of the road to avoid causing an obstruction. About two days later, Cruise announced it was halting all operations nationwide while it investigated the incident and the company’s response to it.
Persons: CNN — Cruise, , Cruise, Quinn Emanuel Urquhart, Sullivan, ” Cruise, Organizations: CNN, Motors, Cruise, California Department of Motor Vehicles Locations: San Francisco, Phoenix , Arizona
In all, six of the top 10 most-stolen vehicles in America last year were Hyundai and Kia models. The list included the Kia Soul, Kia Forte, and Kia Sportage. Certain older Hyundai and Kia models made before 2023 are particularly vulnerable to car thieves. Hyundai and Kia operate as separate companies in the United States, but Hyundai Motor Group owns a large stake in Kia, and various Hyundai and Kia models share much of their engineering. More than 1.1 million Kia vehicles nationwide have had anti-theft software installed, according to Kia.
Persons: Kia, Kia Forte, Kia Sportage, ” Kia, James Bell Organizations: CNN, National Insurance, Hyundai, Kia, Chevrolet Silverado, Silverado, Honda Accord, Honda Civic, Ford, Crime Information Center, Data, Hyundai Motor Group Locations: America, United States
Reuss also touted the competitiveness of GM's Chinese joint venture partners such as Wuling Motors. GM's market share in China, including its joint ventures, has plummeted from roughly 15% as recently as 2015 to 8.6% last year — the first time it has dropped below 9% since 2003. DETROIT – General Motors believes it can regain market share in China after hitting a roughly 20-year low last year amid changing market conditions and increased domestic competition, GM President Mark Reuss said Thursday. The market declines have spurred questions on whether GM would exit China, as it has other underperforming markets in recent years. The automaker said Steve Hill, currently GM's vice president of global commercial operations, would succeed GM China President Julian Blissett, effective June 1.
Persons: Mark Reuss, Reuss, " Reuss, Mary Barra, Steve Hill, Julian Blissett Organizations: Hamtramck Assembly, Wuling Motors, GM, Buick, DETROIT –, Motors, JV, Financial Times, Car, U.S . GM's, Chevrolet, China Locations: Detroit, Hamtramck, Michigan, China, DETROIT, U.S . GM's U.S
CNN —The Chevrolet Malibu, the last sedan still sold by General Motors’ biggest selling brand, will end production this year, the company announced. Malibu production will end in November as the factory that builds it, the Fairfax Assembly Plant in Kansas City, Kansas, is reconfigured to build a new generation of the Chevrolet Bolt EV. Chevrolet stopped making its Mustang competitor, the Camaro, last year. The Malibu was introduced back in the 1960s as a more luxurious version of the Chevrolet Chevelle, called the Chevelle Malibu. The Malibu model line ended production in 1983 but was brought back again in 1997, and has been in production since then.
Persons: Ford, Jackson, Barrett Organizations: CNN, Chevrolet Malibu, General Motors, Fairfax Assembly Plant, Chevrolet Bolt, Motors, Chevrolet, Taurus, Malibu, Barrett, Getty, Cox Automotive, Honda Accord, Toyota Camry, Camry, GM Locations: Malibu, Fairfax, Kansas City , Kansas, United States
The Chevy Malibu Was So Uncool It Was Cool
  + stars: | 2024-05-09 | by ( Jim Windolf | ) www.nytimes.com   time to read: 1 min
If you asked a child to draw a car, the result would probably be something that looked like the Chevrolet Malibu. For decades, this dependable midsize vehicle was a stalwart of the American road. Because that kind of thing is no longer in demand, it came as no surprise when General Motors announced on Wednesday that it would discontinue the model as it shifts its focus to sport utility vehicles and electric cars. The Malibu never had the back-alley glamour of the Chevrolet Camaro or the brute force of the Chevrolet Impala. It was the ultimate normcore-mobile, made for a time when Americans were content to drive simple, gas-powered sedans, rather than rugged S.U.V.s, high-riding pickup trucks or electric vehicles that cruise along in near silence.
Organizations: Chevrolet, General Motors, Malibu Locations: Chevrolet Malibu
General Motors said on Wednesday that it would stop making the Chevrolet Malibu, the last affordable sedan in its U.S. model lineup and a venerable nameplate that was introduced in the 1960s when the company was a dominant force in the U.S. economy. For years, American drivers have been gravitating toward sport utility vehicles and away from sedans, compacts and hatchbacks. G.M.’s two Detroit rivals, Stellantis and Ford Motor, have also largely wiped their slates clean of cars in the United States. Last month, Subaru, a Japanese automaker, said it would stop making its Legacy sedan next year. produces the Malibu at a plant in Fairfax, Kan., and will continue to manufacture the car until later this year, when it plans to retool the factory to make a new version of the Chevrolet Bolt, an electric car, and the Cadillac XT4, a luxury S.U.V.
Persons: Motors, Chevrolet Organizations: Chevrolet Malibu, Detroit, Ford Motor, Foreign, Toyota, Honda, Hyundai, Toyota Camry, Honda Accord, Subaru Locations: U.S, United States, Japanese, Fairfax, Kan
China was once a profit engine for GM, and its top sales market from 2010 to 2023. GM revealed several vehicles last week in China, including plug-in hybrid versions of its Buick GL8 minivan, a best-seller in China, and the Chevrolet Equinox crossover. "We think clearly that market has shifted and the landscape has shifted … with the capability of the Chinese [automakers]," Barra said. But it has had to aggressively cut prices to compete against Chinese automakers such ay BYD, Nio and others. Stellantis CEO Carlos Tavares earlier this year called Chinese automakers his company's "No.
Persons: Mary Barra, Jeff Kowalsky, we're, Barra, Paul Jacobson, GM wasn't, John Murphy, Michael Dunne, Dunne, Mark Fulthorpe, They'll, they've, Tesla, lockdowns, Elon Musk, Tingshu Wang, Reuters Tesla, Morgan Stanley, Adam Jonas, Musk, Junheng Li, Stellantis, Carlos Tavares, Zhu Jiangming, We've, We're, Ford, John Lawler, Lawler Organizations: General Motors Co, Bloomberg, Getty, General, GM, U.S, Chevrolet, SAIC, GM Pan, Asia Automotive Technology Center, Nurphoto, PSA Groupe, Chrysler, EVs, GM's, Buick, Wuling Motors, Motors, Bank of America Securities, China, Hummer, Durant Guild, America's, Detroit, P Global Mobility, Ford Motor, Tesla, Reuters, EV, Baidu, Warren Capital, Ford, Guangzhou Automobile Group, India & Asia, Lincoln, Lincoln Nautilus Locations: Detroit , Michigan, China, Barra, Beijing, Asia, Shanghai, Russia, India, Thailand, Australia, North America, South Korea, Brazil, Europe, GM's U.S, Qingdao, East China's Shandong, Indonesia, U.S, Nio, Greater China, South America
The 2024 Subaru Ascent Touring from the driver's seat. Benjamin Zhang/Business InsiderThe Subaru Ascent delivers a pleasant and reassuring driving experience. The continuously variable transmission is the weakest point in Ascent's driving experience and its drive train. The noise, reminiscent of a dying torque converter on a traditional automatic, disappears once the vehicle reaches normal operating temperature. With that said, Subaru's Lineartronic unit is one of the most capable CVTs on the market and is able to provide a serviceable approximation of a traditional automatic transmission.
Persons: Benjamin Zhang, Subaru's Organizations: Toyota, Chevrolet Traverse Locations: peppy
The second is the rate of EV sales growth is slowing, at least temporarily. The EV market is not collapsing, experts say, it’s just entering a new phase. Teslas still make up slightly more than half of all the electric vehicles sold in America, according to a report from Cox Automotive. But, just one year ago, Tesla produced more than 60% of all the EVs sold America. After having trouble cranking up production of its new generation of electric vehicles, GM seems to be accelerating.
Persons: it’s, , Coco Zhang, , Teslas, Tesla, Cox, Ford, China’s Geely, Michael Lenox, Corey Cantor, Cantor, ” Cantor Organizations: New, New York CNN, International Energy Agency, ING, CNN, Cox Automotive, Ford, General Motors, Blazer, European Federation for Transport, Volvo, EV, China Passenger Car Association, University of Virginia, Bloomberg New Energy Finance, Vehicles, Chevrolet Bolt, Dodge Locations: New York, That’s, EVs, America, China, Europe, United States,
In the 21st Century, though, Buick, which celebrates its 125th anniversary this year, has been a quiet spot in GM’s North American brand strategy. Last year, Buick sales rose more than 60% in the US compared to 2022. The Buick Envista introduced last summer is, essentially, a modified version of the well-received Chevrolet Trax, GM’s cheapest crossover SUV. The 1938 Buick Y Job is generally considered the auto industry's first "concept car." Last year, Avenir models, which get some fancier interior materials, more features, and distinctive paint colors, made up almost a third of Buick sales, the highest levels yet, Aldred said.
Persons: Louis Chevrolet, , it’s, , Ivan Drury, Jason Barlow, Envista, Bob Boniface ,, Duncan Aldred, Drury, It’s, Buick, that’s, Aldred Organizations: CNN, Buick, GM, Riviera, Chevrolet Trax, GMC, Chevy, Cox Automotive, Cadillac, General Motors, Liverpool Locations: GM’s, China, the, America, Europe
Automakers have been selling data about the driving behavior of millions of people to the insurance industry. In the case of General Motors, affected drivers weren’t informed, and the tracking led insurance companies to charge some of them more for premiums. This month, my husband received his “consumer disclosure files” from LexisNexis Risk Solutions and Verisk, two data brokers that work with the insurance industry and that G.M. I had requested my own LexisNexis file while reporting, but it didn’t have driving data on it. Though both of our names are on the car’s title, the data from our Bolt accrued to my husband alone because the G.M.
Persons: Bolt, heeding Organizations: General Motors, LexisNexis Risk, LexisNexis
Before there was Elon Musk, there was William Crapo Durant. It’s highly unlikely that Musk, one of the world’s richest people, will die penniless, but in other respects he and Durant have a lot in common. One thing I found out is that the world is not always kind to visionaries with self-control issues. Durant flamed out at G.M. In contrast, the prudent organization man who eventually succeeded him, Alfred Sloan, went from success to success.
Persons: Elon Musk, William Crapo Durant, Billy Durant, Durant, It’s, Durant flamed, Alfred Sloan, , Steve Blank Organizations: General Motors, Chevrolet, Durant Motors, Tesla, Harvard, Stanford Locations: G.M
Investigators say they were deliberately killed by Adams, Cullum and the Twomblys. Bottom row: Tad Cullum and Tifany Machel Adams Oklahoma State Bureau of InvestigationAt about that time, Adams did an online search for how to get someone out of their house. Adams told officers she had called Butler to check if she was coming for the usual Saturday visit. She said Butler told her that something had come up and she could not make it. And she said her mother told her the two couples were involved in the killings.
Persons: CNN — Tifany Machel Adams, Veronica Butler, Adams, Tad Cullum, Cole, Cora Twombly, Butler, Adams ’, Jilian Kelley, Tifany Machel Adams, Charles Laughlin, Laughlin, Kelley, Cullum, anvils, Cole Twombly, Wrangler Rickman, Rickman, Veronica Butler Oklahoma State Bureau of Investigation Kelley, Cheryl Brune, Brune, Melissa, Joey Padilla, KWCH, Matt Boley, , , Hugoton, Heath Kelley, boyfriend Cullum, , KFDA, sobs, Butler’s, “ She’s, ” Junia Butler, Veronica’s Organizations: CNN, Tifany Machel Adams Oklahoma State Bureau of Investigation, Veronica Butler Oklahoma State Bureau of Investigation, Oklahoma State, , Oklahoma State Bureau of Investigation, Kansas, Chevrolet, Christian, Christian Post, Courthouse, KFDA Locations: Texas, Oklahoma, Oklahoma’s, Kansas, Hugoton , Kansas, Tifany Machel Adams Oklahoma, Oklahoma City, Hugoton, Veronica Butler Oklahoma, Texas County, Colorado, El Paso, Nebraska, Texas County , Oklahoma
Whatever happened to the two-door car?
  + stars: | 2024-04-20 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +6 min
There are still two-door cars today, of course, but they’re almost all high-performance sports cars not intended for comfortable cruising. For car designers, two-door models can offer more striking proportions to play with, long hoods that evoke power and tapered, aerodynamic back ends. Today, it’s rare to see a two-door car that isn’t a performance model like the Mustang or Corvette. Today, if you have a two-door car and you have kids, you also have a backache. While some two-door cars used to be bargain items – the cheapest entry-level cars were almost always two-door hatchbacks – today two-door models are seen mostly in European luxury car showrooms.
Persons: Ricardo Montalbán, Brian Rabold, Bob D'Olivo, , Kevin Kirbitz, who’s, , Rabold, ” Rabold, Scott Krugger, Kia Rio, You’ve, Gorden Wagener Organizations: CNN, Chrysler, Network, Riviera, GM, Ford Thunderbird, Chevrolet Corvette, Thunderbird, Ford, Stellantis’s Dodge, Nissan, Cox Automotive, BMW, Audi, Mercedes, Benz, American Mercedes Locations: Chrysler Cordoba, Cordoba, United States, American
GMC increased the range for its upcoming Sierra EV Denali Edition 1 to 440 miles. That's one of the best numbers among electric pickups, including the Tesla Cybertruck. GMC announced the final specs for its new Sierra EV Denali Edition 1, including a range of about 440 miles — a 10% increase from the initial 400-mile estimate. That's also 100 miles more than the Cybertruck, its most high-profile competitor, which has an advertised range of 340 miles for its beefiest version. AdvertisementDenali Edition 1 deliveries are expected to begin this summer, starting at $99,495, GMC said, followed by other trim levels like the Sierra EV Elevation and the Sierra EV AT4.
Persons: Tesla, , That's, Elon Musk, What's Organizations: GMC, EV, Service, Sierra EV, Ford, Silverado EV, GM, Sierra EV AT4
And what would the upfront costs be to upgrade your system to allow for faster charging, if desired? Do the math on upfront cost, EV vs. hybridIf it's still a toss up between an EV and a hybrid, next consider upfront costs. By contrast, the average starting price for a hybrid car is $33,214, according to iSeeCars.com, a car search engine. Search for available auto rebates and incentivesIf you're leaning toward an EV, but still find the upfront cost daunting, look for possible rebates. He points to a study by Argonne National Lab that shows scheduled maintenance costs per mile are significantly lower for an EV versus a traditional hybrid or plug-in hybrid.
Persons: you've, Aston Martin, Sandeep Rao, there's, Rao, Steve Christensen, Maxwell Woody, Woody, Albert Gore, ZETA Organizations: Ford, General Motors, Mercedes, Benz, Volkswagen, Jaguar, Rover, Gallup, New York, EV, Chevrolet, Department of Energy, Battery Coalition, Progressive Casualty Insurance Company, of Michigan, University of Michigan, Argonne National Lab, Honda Locations: U.S, California, Florida, Texas
Mizuho reiterates Nvidia as a top pick Mizuho says Nvidia is still a top idea at the firm. Morgan Stanley initiates Mural Oncology at overweight Morgan said in its initiation of the biotech company that it sees a long "cash runway" lasting through 2025. Morgan Stanley downgrades Block to underweight from equal weight Morgan Stanley sees growth headwinds for the payment tech company. Morgan Stanley upgrades Zeta to overweight from equal weight Morgan Stanley said the marketing technology company has an underappreciated valuation. " Morgan Stanley reiterates Tesla at overweight Morgan Stanley lowered its price target to $310 per share from $320. "
Persons: Bernstein, Reddit, underperform Bernstein, Raymond James, Raymond James downgrades Bumble, Barclays downgrades Ferrari, it's, Mizuho, Goldman Sachs, Goldman, Morgan Stanley, Morgan, Wolfe, underperform Wolfe, Piper Sandler, Piper, Synopsys, Morgan Stanley downgrades Block, Dave, Buster's, Jefferies, Zeta, Oppenheimer, Ball, Wayfair, Wynn, bullish, Tesla, Goldman Sachs downgrades Hertz Organizations: Citi, Barclays, Ferrari, Nvidia, JPMorgan, Avis, UBS downgrades Bank of America, UBS, Apple, AstraZeneca JPMorgan, AstraZeneca, Amazon, AWS, Meta, General Motors, GMC, Chevrolet, Buick, GM, DFS, Mizuho, Eversource Energy Locations: Avis, MURA, Charlotte, Wayfair, Capital, Macau
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