The Truth About Cars

JANUARY 29, 2024

General Motors is pushing ahead with plans to become an electric automaker, but the road toward that goal hasn’t been the easiest so far. General Motors has several new electric models on the way soon, but it has so far overlooked hybrids in those efforts. GM offers hybrids in China, so the technology exists.

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Dealers GM Hybrid General Motors 109

Teslarati

JANUARY 21, 2024

” The Stellantis CEO’s comments came amidst Ford’s announcement that it was scaling back production and trimming its workforce that is producing the F-150 Lightning. Elon Musk, for his part, has stated that Tesla would likely need to keep lowering its prices to ensure that customers could afford its vehicles.

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Tesla F-150 Affordable Price 143

Teslarati

APRIL 19, 2024

In February 2023, Rivian laid off 6% of its workforce after pressure from EV rivals who significantly cut prices. Ford postpones EV launches to focus on hybrid production Multiple car companies have mentioned a slowdown in EV demand and are considering hybrid production. Rivian isn’t the only company cutting jobs.

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Illinois General Motors Ford United States 93

Baua Electric

MARCH 8, 2024

With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. Chevy Blazer EV stop-sale ends with lower prices General Motors issued the stop-sale on the Chevy Blazer EV in late December, just four months after opening orders.

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Tax Credit Tax Price Sale 52

Clean Fleet Report

JUNE 4, 2022

Significant Price Reduction Repositions Entry-Level EV. Chevrolet announced this week that its 2023 Bolt EV and Bolt EUV are going to get major drops in price. The new 2023 pricing (2022 pricing in parenthesis) includes the mandatory $995 destination fee. Same car, less cost. Same car, less cost. But it is more than that.

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Chevrolet Price Tax Credit 2020 93

Teslarati

JANUARY 29, 2024

Ahead of the General Motors (GM) earnings call this week, the automaker has new union contracts and is expected to report around $10 billion in earnings. Analysts will be looking to see how GM plans to manage its upcoming launch of the Equinox EV , despite past production issues.

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GM Production General Motors Ford 92

The Truth About Cars

FEBRUARY 26, 2024

The automaker said it stopped deliveries on February 9 to conduct quality inspections, but production is still rolling at the automaker’s Rouge Electric Vehicle Center. F-150 Lightning demand has been a moving target for Ford, which pulled back on production numbers last year due to softer-than-expected numbers.

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F-150 Ford General Motors Detroit 106

Teslarati

MARCH 24, 2024

market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S.

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Auto Industry BYD Auto Industry 133

Teslarati

JUNE 17, 2022

General Motors said earlier today it would increase the price of its Hummer EV, manufactured under the GMC brand, by $6,250. Price hikes are effective starting this Saturday. Increased fueling costs are driving the shipment of vehicle parts up considerably, contributing to increased vehicle prices across the sector.

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Hummer GM Price GMC 72

Teslarati

JUNE 1, 2022

General Motors-owned Chevrolet rolled back prices of the new model year versions of the Bolt EV and EUV by $5,900 and $6,300, respectively, despite electric vehicle costs increasing due to materials and parts shortages. As we’ve said, affordability has always been a priority for these vehicles.”.

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Price GM United States 2017 59

The Truth About Cars

APRIL 5, 2024

Despite only releasing pricing for the EV in January, CarsDirect reported that Toyota’s lease deal cuts monthly lease payments down to $299 per month for a 36-month lease with $3,999 down. EV demand is growing slower than automakers had hoped, given their significant investments in production, research, and development.

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New York Toyota Tax Credit General Motors 87

Teslarati

JANUARY 18, 2023

The Ford F150 Lightning has been awarded Edmunds’ “Top Rated Electric Truck of 2023” award ahead of a massive production upgrade planned for this year. And these awards couldn’t come at a better time as Ford hopes to garner new demand as it massively upgrades EV production this year.

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Ford Production F-150 Kentucky 98

The Truth About Cars

SEPTEMBER 21, 2023

In response, suppliers have been going to their automaker customers seeking concessions on pricing to help cope with some of the problems they’ve been facing. Across the supply base, suppliers have been suffering from increased costs and fixed-price contracts and really having to fight and argue to get any relief.

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Price Detroit Supplies Industry 89

Teslarati

APRIL 8, 2024

Back in October 2020, General Motors (GM) officially launched the GMC Hummer EV. The vehicle was a behemoth in both specs and size, but it was quite reasonable with a starting price of just $80,000 for its base EV2 trim. This trim, as per a recent report, has reportedly been canceled by the veteran automaker.

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Hummer GMC GM SUV 95

Teslarati

APRIL 25, 2023

General Motors bid farewell to the Chevy Bolt today in its first-quarter earnings call, bringing closure to its best-selling electric vehicle. “We have progressed so far that it’s now time to plan to end the Chevrolet Bolt EV and EUV production, which will happen at the very end of the year,” she said.

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GM Silverado GMC Chevrolet 127

The Truth About Cars

APRIL 25, 2023

The affordable car is going away at the end of the year to make way for the production of GM’s new electric trucks, including the Chevy Silverado EV and the GMC Sierra EV.& & General Motors is moving to overhaul its facility in Orion Township, MI, where it’s planning a $4 billion renovation. .&

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Silverado Sierra Hummer Affordable 91

Teslarati

MARCH 19, 2024

Ford is planning to delay some electric vehicle plans in favor of a lineup of small, compact $25,000 EVs that could launch shortly after Tesla launches a car at the same price point, a new report says. During its most recent earnings call, the company said it would slow down production of some of its EVs, including the F-150 Lightning.

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Ford Tesla F-150 Low Cost 109

Teslarati

SEPTEMBER 11, 2023

It would see an end to production and manufacturing of vehicles, at least temporarily, but there would be other tremendous negatives that would affect these companies for years to come, potentially. Power stated that the prices of new vehicles could rise by less than 2 percent if the strike lasts about two weeks.

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GM Ford General Motors Price 111

Teslarati

NOVEMBER 9, 2023

However, there are still plenty of car buyers who have no intentions of buying an EV, and price is still a big issue for people moving forward, although they have come down substantially. Many automakers are attempting to offer EVs that are widely affordable and will not break the bank for those who are interested.

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North America Tax Credit America Affordable 95

Teslarati

DECEMBER 9, 2021

General Motors’ second all-electric pickup, the Chevrolet Silverado EV, will enter production in early 2023, new reports suggest. After production begins, which is initially scheduled for early 2023, deliveries are set to begin in the later portions of the year, according to Automotive News.

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Silverado Chevrolet Las Vegas Production 79

The Truth About Cars

OCTOBER 24, 2023

Just one day after the UAW went on strike at Stellantis’ pickup factory in Sterling Heights , roughly 5,000 union members walked off the line at General Motors’ plant in Arlington, Texas. & Domestic automakers have enjoyed record-setting profits in recent years after culling small, affordable models from their lineups.

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GM Arlington General Motors Yukon 98

Teslarati

AUGUST 2, 2022

But while companies like Tesla and General Motors are definitely celebrating, electric truck maker Rivian is not. Carmakers like Tesla, General Motors, and more recently, Toyota, have passed this milestone. . Rivals like Tesla have had time to ramp their production so they could offer lower-priced cars.

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Tax Credit General Motors United States Tax 98

The Truth About Cars

SEPTEMBER 1, 2023

In our last Eldorado entry , we discussed the exterior differences between Cadillac’s standard Series 62 convertible and the limited production Eldorado. It& remained in production through 1990. and wire wheels at a more affordable $325 ($3,734 adj.). It carried a base price of $7,750 ($89,064 adj.).

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Cadillac Parts Buick Convert 118

Get Electric Vehicle

SEPTEMBER 6, 2022

What Drives The Price Drop. We all are aware that the price drop in the EV battery has significantly helped in reducing the price of the EVs and now let us look into some of the other significant factors which drive the price drop. #1. The increased competition in this market is a major factor in prices falling.

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Electric Vehicles Price Vehicles Tax 52

Teslarati

JULY 25, 2023

Chevrolet made a smart decision regarding the Bolt EV’s future, clarifying today that the car will get a next-generation offering after previously planning to axe the vehicle. In April, Barra announced during the Q1 Earnings Call that GM would phase the Bolt EV and EUV out of production “at the very end of the year.”

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Chevrolet Future GM General Motors 98

The Truth About Cars

JUNE 5, 2023

& Tragically, the pricey ZL1 will also be the one yielding the highest prices at auction when your children ultimately decide to sell it after you’ve passed and be subject to luxurious dealer markups when you’re trying to order it today.& liter V6, meaning the most affordable version of the car should retail at around $33,000.&

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General Motors Buy Chevrolet Dealers 93

Baua Electric

MARCH 13, 2024

General Motors has already pushed back production of several key electric models, including the Equinox EV, Silverado EV, and GMC Sierra Denali EV. GM lowered Blazer EV prices by up to $6,500. A more affordable Blazer EV is set to debut later this year. It will join the Chevy Equinox EV, starting at $34,995.

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Cadillac Concept Tax Credit GM 52

The Truth About Cars

APRIL 16, 2024

Stellantis CEO Carlos Tavares’ pay increase has annoyed a subset of shareholders as the automaker positions itself for more layoffs and attempts to shift the production of electric vehicles to countries where labor is cheaper. In the U.S.,

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Legal Italy Morocco Detroit 113

Teslarati

NOVEMBER 15, 2023

During the 2023 Cyber Roundup, Tesla executives such as Elon Musk were asked if the company could start advertising its products. million vehicles this year and attaining 20 million vehicles by 2030, the company would need all the help it can get to ensure that its products are pushed to as many consumers as possible.

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Tesla Vehicles Tax Credit General Motors 93

Baua Electric

APRIL 4, 2024

Ford is pushing back EV production at its Oakville, Ontario, plant as it shifts to expand its hybrid lineup. The American automaker sold 20,233 EVs in Q1 2024, topping rival General Motors with 16,425 electric cars delivered. Rivian’s R1S was the seventh best-selling EV in the US last year as the company scales production.

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SUV Ford F-150 Extended Range 52

The Truth About Cars

DECEMBER 29, 2023

The product people at Cadillac made a crucial decision early in the Fifties with regard to the positioning of the second generation Eldorado: It would be less expensive, and less special. The subsequent 1954 Eldorado appeared with a more reasonable price, and was a fancy trim package atop the new Series 62 convertible.

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Cadillac Parts Convert Price 97

Baua Electric

JANUARY 30, 2024

General Motors said earlier this month that is finally ramping up production of its Cadillac all-electric Lyriq SUV this year. Morningstar analyst David Whiston said that is its chance to jump ahead of Tesla in the only space Tesla doesn’t hold the reins – and that’s affordable EVs, reports Automotive News.

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Sale Cadillac GM General Motors 52

Green Car Congress

JUNE 4, 2018

Early in May major automakers, startups, technology companies and others came together to launch, MOBI, the Mobility Open Blockchain Initiative, to explore blockchain for use in a new digital mobility ecosystem that could make transportation safer, more affordable, and more widely accessible. Autonomous machine and vehicle payments.

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Companies General Motors USA BMW 170

Teslarati

JULY 27, 2022

We simply cannot afford misguided subsidies anymore,” Lindner said, arguing that incentives cost the government billions of dollars. Starting in January 2023, car buyers will receive €4,500 for EVs with a list price of up to €40,000. Vehicles that are listed at prices between €40,000 and €65,000 will qualify for a €3,000 incentive.

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Germany Climate Protection Purchase Climate 84

Teslarati

JUNE 1, 2021

Combine this with affordability, and the Model Y is one of the most appealing automobiles on the market today. Its highly affordable price tag that starts at around $5,000 makes it one of the most popular vehicles globally despite not having standard features without additional charges. Credit: Tesla China/Twitter.

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Global Sale Tesla Affordable 142

Teslarati

SEPTEMBER 8, 2022

General Motors has announced their all-new Chevy Equinox EV, their affordable EV SUV offering. Chevrolet has long been the budget offering of GM products; their vehicles are made for everyone, so what if the interior is comparable to a school lunch tray, it’s cheap and (hopefully) reliable transportation.

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Chevrolet GM SUV Cheap 65

Teslarati

JUNE 27, 2022

Tesla China roars back with 212% month-over-month production increase in May. the vast majority of the EVs that were sold were affordable. With these sales numbers, pure EVs now account for 20 percent of new car sales in China in 2022, and electrified vehicles overall account for 25 percent.

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