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Report: Base GMC Hummer EV Canceled

The Truth About Cars

For those with the capacity to think back all the way to 2021, you may recall GMC announcing that the all-electric monstrosity that is the Hummer EV would come with a base trim after the limited launch edition (E1) became the less-collectable EV3X. Back in 2020, GM originally announced a $79,995 MSRP.

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GM Says Updated U.S. Emissions Rules Will Cost Auto Industry Billions in Fines

The Truth About Cars

The National Highway Traffic Safety Administration (NHTSA) will soon release its proposal to increase Corporate Average Fuel Efficiency (CAFE) requirements and General Motors has signaled its concerns regarding how much more money it will cost the automotive industry. Image: General Motors] Become a& TTAC insider.

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Acura Debuts Performance Electric Vision Design Concept

The Truth About Cars

Fortunately, the company had something in its back pocket with the “Performance Electric Vision Design” concept it teased in tandem with the all-electric ZDX.& But that’s not going to stop people from wondering if it’s going to be the next NSX as manufacturers continue to hype all-electric performance.

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Tesla’s rapid crash analysis; will NHTSA come in?

Green Car Congress

On Friday, Tesla Chairman, Product Architect & CEO Elon Musk posted a brief analysis of the accident and fire on the company blog. At the time, NHTSA noted that: NHTSA continues to believe that electric vehicles show great promise as a safe and fuel-efficient option for American drivers. The stock price began slowly climbing again.).

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Report: Ford Allegedly Planning More Layoffs

The Truth About Cars

Staff from multiple business units, including its combustion-focused Ford Blue division and the Model e electric vehicle unit, are supposed to be getting bad news in the coming weeks. CEO Jim Farley has also suggested trimming unnecessary portions of Blue Oval’s gasoline engine operations. & [Image: Ford Motor Co.]

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Stellantis Canceling CES Tech Show Presentation, Blames UAW Strike

The Truth About Cars

The union has expanded strike efforts in recent weeks and has intentionally targeted important facilities operated by General Motors, Ford Motor Company, and Stellantis — with the latter company seeing picket lines form at the Toledo Assembly Complex responsible for the highly lucrative Jeep Gladiator and Wrangler.

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Are Rising EV Inventories Proof Nobody Wants Them?

The Truth About Cars

While this is presumably good news for people who have absolutely had it with dealerships marking up their products, some are growing concerned by how much electric vehicle inventories are outpacing their gasoline-reliant counterparts. That’s about double the average for gasoline vehicles. There are some issues.