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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. “So if they want to exit the Buick franchise, then we will give them monetary assistance to do so,” he said. .

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Buick unveils new design and branding with a sleek gold Wildcat EV

Baua Electric

Buick is in the middle of “an evolution” as it introduces a new design based on the Wildcat EV concept. Buick unveils Wildcat EV-inspired design language Although Buick has yet to launch its first EV in the US, the automaker is prepping for its next era. Buick’s Electra E5 now starts at $23,600 (169,900 yuan).

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GM’s truck and crossover sales pass 1M unit mark for 2014

Green Car Congress

Sales of General Motors crossovers and trucks, which include pickups, vans and SUVs, surged by double-digits in July, pushing combined sales for the year to 1,048,114 through July. Large non-luxury SUVs were up 25% in July, and they are up 15% year to date. Including the Cadillac Escalade, SUV sales are up 32%.

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

Sales volumes in November were up year over year by more than 11%, but down from October. The elevated prices and high loan rates are likely putting downward pressure on sales. Strong luxury vehicle sales have been a primary reason for overall elevated new-vehicle prices. of total sales in November from 17.8% in October.

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GM China sales down 2.4% in January

Green Car Congress

Shanghai GM’s domestic sales decreased 6.9% year on year to 160,067 units, SAIC-GM-Wuling’s sales in China were up 3.5% to 178,903 units and FAW-GM’s domestic sales were down 75.6% Shanghai GM’s all-time record sales in December resulted in fewer products available for dealers to sell in January. to 811 units.

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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. The extra production coming on line should be enough to help us keep growing global Bolt EV sales, rebuild our U.S.

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Opinion: EVs Aren't Cadillac's Problem

The Truth About Cars

Meanwhile, Cadillac sales have been dipping -- except for the Lyriq EV, which had a rough start last year but has sold much better through the first quarter this year. Looking at the sales declines, the problem might not be powertrains. Consumer preference for ICE vehicles or hybrid/PHEVs appears to be another. But the XT4/XT5/XT6?