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Kelley Blue Book: average new-vehicle prices in US up 5.4% in May y-o-y; average EV price down 10.8%

Green Car Congress

The estimated average transaction price for a light vehicle in the United States was $41,263 in May 2021, according to the analysts at Kelley Blue Book. New-vehicle prices increased $2,125 (up 5.4%) from May 2020, while increasing $493 (up 1.2%) from April 2021. On a month-to-month basis, the average EV price in May 2021 rose 1.9%

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Chevrolet Equinox EV and GM Electrified Pickups Delayed

The Truth About Cars

The postponement was announced as part of GM’s earnings report, with CEO Mary Barra citing improvements the company would like to make to the product as well as some market challenges. The facility is responsible for manufacturing the Cadillac Escalade, Escalade ESV, Chevrolet Tahoe, Suburban, GMC Yukon, and Yukon XL.

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Escalade IQ on the Horizon at Cadillac

The Truth About Cars

With the Lyriq already out in the wild and Celestiq in the hopper, plus a mysterious Vistiq and Lumistiq waiting in the wings, it doesn’t take an MBA in marketing to figure out Cadillac’s new naming scheme. Readers who are fully caffeinated will recall Cadillac’s promise to exist this decade as a purveyor of electric-only vehicles.

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News: 2025 Cadillac Escalade IQ EV

Clean Fleet Report

GM adds another big EV Performance Details Big car – Big screen Built on the dedicated Ultium EV Platform Next generation, 200kWh lithium-ion battery American made at the General Motors Detroit-Hamtramck plant in Michigan Front and rear electric motors 750 horsepower and 785 pound-feet of torque 0-60 mph in under 5.0

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2024 Lexus TX Hopes to Become a Better Family Hauler

The Truth About Cars

The infiniti QX80 and GMC Yukon are a little too big, while something like the Acura MDX is a little too small. But that’s a good place for a new vehicle to be when the market is receptive.& Pricing should reflect this with the Lexus TX starting a little higher than the three-row RX — so above $50,000.

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