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Archive for the ‘Chevrolet’ Category

General Motors Expecting Big Profits for 2018

Company expects stable results in North America and China.

by on Jan.16, 2018

GM CEO Mary Barra said she believes that all of the fundamentals that brought profits to GM in 2017 are in place to repeat in 2018.

General Motors Co. expects strong earnings in 2018, as it builds on an expected record 2017 diluted-adjusted EPS as well as previous record earnings in 2016 and 2015.

GM’s bullish forecast comes on the heels of a bullish prediction for 2018 from Fiat Chrysler Automobiles N.V. Chief Sergio Marchionne, who told reporters at the Detroit Auto Show that he expected upward of $9 billion in operating profits from FCA for the full-year even as it falls short of the sales targets laid out in four-year plan set out 2014 when it predicted sales of 7 million units.

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The company’s “product cadence” will help FCA offset any potential weakening in the economic outlook, added Marchionne, who noted the company was bringing out a new version of the Jeep Cherokee and brand-new Jeep Wrangler as well as the new Ram 1500 pickup truck. (more…)

Can 2019 Chevrolet Silverado Topple Ford’s King-of-the-Hill F-Series?

Chevy’s complete makeover brings eight distinct models, new powertrains, including high-mileage diesel.

by on Jan.14, 2018

Design Director Mike Simcoe reveals how the 2019 Chevrolet Silverado went from design sketch to design masterpiece.

While SUVs have garnered most of the spotlight, pickups have been building momentum at a frantic pace over the last several years and, barring a complete economic meltdown or a surge past $4 a gallon for gas, few expect to see demand for those tough trucks taper off anytime soon.

So, General Motors’ timing could be particularly fortuitous as it prepares to roll out complete makeovers of its full-size pickup line-up. The process begins with the unveiling of the all-new, 2019 Chevrolet Silverado 1500 at this week’s North American International Auto Show – and will continue when the Silverado HD and GMC Sierra pickups make their debut later this year.

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“These are arguably the most important products in the Chevrolet portfolio,” said Global Chevrolet chief Alan Batey, as the new Silverado rolled onto the stage in front of a packed crowd at Detroit’s Eastern Market Saturday night. (more…)

Ranger Reborn: Ford Back in the Midsize Pickup Game

Ford aims to share in the segment’s unexpected revival.

by on Jan.14, 2018

After a six-year hiatus, Ford brought back the Ranger, this time as a midsize pickup.

Its been six years since Ford shuttered its ancient Twin Cities plant in Minnesota, walking away from what seemed to be, back then, a dying market segment.

But the Detroit automaker failed to reckon on what might happen when new product would be injected into the midsize category, General Motors scoring a hit with the likes of its Chevrolet Colorado and GMC Canyon, and Honda hitting the ball out of the park by bringing back its own Ridgeline model.

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Ironically, Ford actually launched a new Ranger – but it was intended for just about every market except for North America, the company’s planners convinced they could get potential midsize buyers to make the walk up-market to the bigger F-150. But as it watched its competition rapidly rebuild the old midsize pickup segment – sales growing a hefty 83% since 2014 – Ford realized it needed to get back in the game. (more…)

China Posts Meager Auto Sales Gain in 2017

Sport-ute led the way to small 1.4% increase last year.

by on Jan.12, 2018

Auto sales in China increased marginally for 2017, but they were led by sport-utilites.

China’s auto sales stalled in December and ended 2017 up a meager 1.4% compared with a year ago results as the popularity of SUVs helped to offset falling demand for sedans, the China Association of Automobile Manufacturers said.

With global car makers such as General Motors, BMW, Volkswagen AG, Mercedes-Benz, Toyota and Nissan all reporting solid, but not spectacular, gains during 2017, smaller local brands common to almost every province and international brands such Ford and Hyundai, appeared to suffer the most for the slowdown, which was due in part to the end of special tax credits.

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The growth rate was barely one-tenth the previous year’s 15% rate, which was boosted by a temporary tax cut. (more…)

Chevrolet Getting Back into Heavy Duty Truck Segment

Heavy duty trucks often bring heavy duty profits.

by on Jan.09, 2018

Chevrolet is getting back in to the big truck game with all new 4500HD and 5500HD models for 2019.

The ongoing truck battle between Ford and Chevy is heating up again as Chevrolet confirmed today it’s getting back into the Class 4 and 5 segments with new models for the 2019 model year after a decade-long absence.

The maker released a teaser shot that implies an aggressive looking front end, but not much else. The company plans to unveil the new models at the The Work Truck Show 2018 in Indianapolis in early March. The show is the largest fleet operator-focused truck show in the country.

Truck News!

“The Silverado 4500HD/5500HD trucks are the flagship of our full-line commercial truck portfolio and we’ve designed them to be among the best in the industry in maneuverability, serviceability, visibility, quietness and comfort, diesel fuel economy and more,” said Ed Peper, U.S. vice president, General Motors Fleet. (more…)

New Ford F-150 Diesel Aims to Crack the 30 MPG Barrier

Ford sees an opportunity to grow the F-Series’ lead.

by on Jan.08, 2018

Ford aimes to get best-in-class fuel economy with the addition of the F-150's first diesel.

There was a time when full-size pickups could barely manage to get into double-digits when it came to fuel economy. But with the addition of the new Power Stroke diesel, Ford is hoping to deliver the sort of numbers that, not all that, long ago, would have been impressive coming from a compact sedan.

While the 2018 F-150 Diesel’s EPA rating hasn’t been finalized, Ford anticipates the big truck will deliver as much as 30 mpg on the highway. It will also make a solid 440 pound-feet of torque and 240 horsepower, the sort of numbers that translate into solid towing and payload capacity.

Power to the People!

“We see a lot of opportunities to conquest buyers” from competing truck brands, Todd Eckert, Ford’s Truck Group Marketing Manager, said during a background briefing on the 2018 F-150 Power Stroke Diesel, which will make its formal debut at the North American International Auto Show next week.

(more…)

Buh-Bye Camry; Pickups, SUVs Now Own Top Sales Spots

Toyota's mainstay sedan didn't even crack the Top 5.

by on Jan.05, 2018

Despite giving the Camry a stylish makeover the sedan continued to lose momentum last year.

If anyone still questions the way light trucks have come to dominate the U.S. automotive market you only need look at the 2017 sales charts to see how passenger cars are on virtual life support these days.

Perhaps the most significant development finds that the Toyota RAV4 last year outsold the Camry for the first time ever. And so did the Nissan Rogue.

The Last Word!

The overall numbers for 2017 weren’t good, the U.S. market posting its first decline since the end of the Great Recession. And demand likely would have dipped more than the modest 5% if it weren’t for the strong, late-year surge as motorists in Florida and Texas raced to replace vehicles destroyed during the summer’s devastating hurricanes.

(more…)

Nissan Hints a Revival of Xterra May Be in the Works

Could it be based off the same platform as next-gen Frontier pickup?

by on Dec.29, 2017

The Nissan Xterra drove off into the sunset in 2015.

All things go in cycles, even when it comes to booming demand for utility vehicles. Make that CUVs, or crossover-utility vehicle, which have all but bumped traditional sport-utes off the market.

But there are signs a revival of classic, body-on-frame SUVs just might be a-coming, with Ford readying a reborn Bronco, Toyota promising to follow the FT-AC Concept with a production model, and Jeep betting big on the all-new remake of the classic Wrangler – currently one of the few true SUVs left on the market.

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Could Nissan be ready to toss its own hat back in the ring, however, with an all-new version of the Xterra, which it pulled from the U.S. market in 2015? Apparently yes, according to a senior Nissan executive.

(more…)

Chevy May Be Ready to Unplug the Volt

GM shifting from plug-in to all-electric.

by on Dec.27, 2017

After a strong start, the second-gen Chevy Volt has been losing sales momentum this year.

General Motors is reportedly looking at unplugging the Chevrolet Volt, although the world’s first mass-market plug-in hybrid might remain in production until the end of its current lifecycle, around 2022, according to a report by AutoForecast Solutions.

The move would reflect not only sluggish sales but also a shift in strategy by GM. When the Volt came to market in 2010 many experts believed that plug-in hybrids would be the wave of the future. But as batteries become cheaper, more powerful and quicker to charge there’s a growing push for pure battery-electric vehicles, or BEVs like the Chevrolet Bolt EV.

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GM was expected to add several spin-offs based on the Volt plug-in hybrid-electric vehicle, or PHEV, but none has been forthcoming. Instead, the Detroit automaker now says it will launch another two BEVs over the next 18 months, with at least 20 all-electric or fuel-cell-powered models due out by 2023.

(more…)

First Look: 2019 Chevrolet Silverado

Chevy focuses on new steel alloys, rather than aluminum, with new truck.

by on Dec.18, 2017

Chevy is looking to lower the boom on its competition with a redesigned 2019 Silverado.

If there was a state car of Texas it would almost certainly be the pickup truck, a good reason why Chevrolet headed down to Dallas to give the world a first look at the 2019 Silverado.

Chevy is hoping the next-generation pickup will help it close in on the full-size segment’s sales leader, the Ford F-Series. Like its rival, the new Silverado boasts a new stylish exterior and plenty of new safety and infotainment technologies. But in sharp contrast to Ford’s shift to lightweight aluminum, Chevy says it’s sticking with steel.

Product News!

The 2019 Chevrolet Silverado will turn to “a higher-grade alloy (for) the roll-formed, high-strength-steel bed floor, contributing to a bed that is more functional and lighter weight,” General Motors’ largest division explained. (more…)