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Staff 1 acquires 3 Buick-GMC dealerships in Texas

Baua Electric

The Houston-based dealership staff on Monday bought Beck & Masten Buick-GMC North, Beck & Masten Buick-GMC South and Beck & Masten Buick-GMC Coastal Bend from the Beck & Masten staff, in line with Ryan Kerrigan, managing director of Kerrigan Advisors, a dealership sell-side company in Lean Village, Nev.

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GM investing $760M in Toledo propulsion plant for electric truck drive unit production

Green Car Congress

Our Toledo team will continue to play a key role as we work to strengthen our current truck and SUV dominance, while also playing an important role in our EV growth transition. —Gerald Johnson, GM executive vice president of Global Manufacturing and Sustainability. The facility currently employs approximately 1,500 people.

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2024 Honda Prologue electric SUV starts under $40,000 with full EV tax credit eligibility

Baua Electric

The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. 2024 Honda Prologue eligible for full $7,500 EV tax credit After kicking off production last month, Honda’s first fully electric SUV will begin hitting dealerships any day. FTC: We use income earning auto affiliate links.

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GM sets October retail sales record in China, Up 15%

Green Car Congress

General Motors and its joint ventures’ retail deliveries rose 15% year-on-year to a record 327,037 vehicles in China in October, with Buick posting its best-ever monthly sales. Buick sales gained 42% in October, with monthly sales exceeding 100,000 units for the first time. The increase was led by the Excelle GT and Envision SUV.

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GM’s China JVs investing $12B between 2014-2017 to expand; GM outlines China market trends

Green Car Congress

GM’s focus will be on answering the growing demand for luxury vehicles, SUVs, multi-purpose vehicles (MPVs) and smaller passenger cars. The SUV market will reach 7 million by 2020, or triple what it is today. GM will add 11 new SUVs between now and 2018. MPV sales will likely double to 2.8 million by 2020, from about 1.4

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Hertz announces 175,000 electric vehicle deal with GM to expand rental fleet

Teslarati

Hertz announced that it would purchase 175,000 electric vehicles from General Motors over the next five years across the Detroit-automotive company’s various brands. Hertz said it would utilize a new partnership with GM to expand its EV rental fleet, which started with a massive purchase from Tesla nearly one year ago.

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Buick launches VELITE 7 EV and VELITE 6 PHEV in China

Green Car Congress

Buick has strengthened its commitment to electrification in China with the launch of the VELITE 7 electric vehicle and VELITE 6 plug-in hybrid electric vehicle (PHEV). The VELITE 7 is the first all-electric SUV in Buick’s new energy vehicle portfolio, offering 500 kilometers (311 miles) of range on a single charge.

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