An anonymous GM employee writes:
I have a field role with General Motors that affords me the luxury of driving (mostly) anything in The General’s portfolio. I can choose from any brand except Cadillac, and can’t drive a Corvette or pickup (because of retail demand and limited supply). I’m 22 with student debt down into the low four digits. GM pays for gas, insurance, and incidentals like oil changes and winter tires because I need a car to do my job. I live in a snow-heavy state where I’m expected to do around 30,000 miles a year for business travel alone. Finally, I switch out cars every four months because that means it remains eligible for new vehicle incentives and programs when it’s sold back to the dealer at a big discount.
Here’s the catch: the vehicle is considered a taxable benefit.
If you see this Cadillac a-rockin’, you should submit a complaint to the National Highway Traffic Safety Administration.
That, and depressed 2016 sales outlooks, the Federal Reserve rate hike, a Chinese electric vehicle Warrior and CarMax, after the jump.
There were six new full-size SUVs from General Motors. Ford refreshed the Expedition. Lincoln did the same with their upmarket Expedition, the Navigator.
The year was 2014, and U.S. sales of Detroit’s biggest, baddest, full-size SUVs were booming, relative to the recent past. (Read More…)
General Motors has sold 189,354 copies of its big Lambda-platform crossovers in the United States this year. Combined sales of the Buick Enclave, Chevrolet Traverse, and GMC Acadia have risen by a scant 137 units through the first nine months of 2014.
GM’s six full-size, body-on-frame, pickup-based SUVs, on the other hand, have collectively increased their U.S. volume by 22%, a gain of 32,652 sales, to 183,080 units in total.
These nine nameplates have generated 17% of GM’s 2.2 million year-to-date sales. (Read More…)
U.S. sales of General Motors passenger cars slid 3.8% in July 2014. This 3348-unit loss was created in large part by the Chevrolet Cruze’s 4521-unit decline and the Impala’s 3279-unit slide, decreases which were not completely offset by smaller gains from the Malibu, Sonic, Camaro, Corvette, and Buick’s LaCrosse.
Despite a 5.5% boost in July volume from the GMC Sierra, GM pickup truck sales slid 1.6% as Silverado volume remained level and the company lost 1907 pickup sales from nameplates which are either defunct or have not yet returned.
Yet overall GM sales grew at pace with the market’s fast 9% clip in July. How?
Commercial vans, that’s how.
But only in part. (Read More…)
TTAC has learned that General Motors will unveil their next generation full-size SUVs at the Texas State Fair, which starts September 27th in Dallas.
The next-generation Chevrolet Tahoe and Suburban as well as the GMC Yukon and Yukon XL will be unveiled there, according to a TTAC source. The next-generation Cadillac Escalade will be revealed at an unspecified later date.
The Arlington, Texas plant that builds full size SUVs like the Chevrolet Tahoe and Cadillac Escalade will get a third shift, adding 800 jobs.