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GM will offer U.S. Buick franchise dealers buyouts

Teslarati

General Motors said that it will offer all of its Buick franchise dealers in the U.S. In June 2022, Buick announced plans to go all-electric by 2030 starting with a crossover SUV in 2024. Global Vice President of Buick and GMC, Duncan Aldred, told WSJ that shifting to EVs will require significant investments by Buick dealers.

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The long-awaited 2024 GMC Hummer EV SUV is finally here

Electric Vehicles India

GM’s Factory Zero plant began production of Edition 1 of the 2024 Hummer EV SUV The Hummer SUV EV is now being manufactured by GMC, and customers will begin receiving their vehicles in the first quarter. The Hummer SUV will start production with the already sold-out Edition 1. Reservations are booming!

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GM hints at an affordable Chevy Camaro EV: A $35,000 real electric pony car?

Baua Electric

GM President Mark Reuss says the Camaro needs to be revived as a real pony car, hinting it could start at $35,000, similar to the new Equinox EV. The news came after a source from within GM’s Tech Center told them that the Corvette nameplate was due for the same treatment. An affordable Chevy Camaro EV? That could become a reality.

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GM to boost EV and AV investments 75% to $35B through 2025; new battery plants

Green Car Congress

We are investing aggressively in a comprehensive and highly-integrated plan to make sure that GM leads in all aspects of the transformation to a more sustainable future. —GM Chair and CEO Mary Barra. —GM Chair and CEO Mary Barra. GM expects the second half of 2021 will continue to be complex and fluid.

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GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

Baua Electric

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. This comes after several GM electric models were excluded, starting this week. According to GM, the setback is only temporary due to “two minor components” in the EV models. Until then, GM will fill in the gap for buyers.

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GM boosting production of Chevrolet Bolt EV more than 20% for Q4 compared to three-quarter average; 1% of US 1H vehicle deliveries

Green Car Congress

US and global demand for the Chevrolet Bolt EV has been very strong in 2018, with global sales estimated to be up more than 35% year over year in the second quarter and up more than 40% in the first half, according to GM. Bolt US deliveries in the first half of 2018 represented 1% of all GM vehicle deliveries during the period.

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Hyundai IONIQ 5 is becoming a top seller off the lot as dealers prep for EV growth

Baua Electric

Hyundai’s IONIQ 5 is already a top seller at some dealers. With new electric models rolling out, like the three-row IONIQ 7 SUV, Hyundai has the “whole gamut covered.” In the US, Hyundai’s largest sales market, the automaker (including Kia), blew past Ford and GM to become the second top-selling EV brand in 2023.

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