Remember GM’s boast about how their new trucks could tow a segment best 11,5000 pounds? Turns out there’s a big ol’ asterisk that wasn’t expanded upon.
GM will have two new mid-size pickups out in 2015, just in time to steal the spotlight from the all-new Ford F-150. And according to TTAC Commenter and GM exec Mark Reuss, the two trucks should have fairly different missions.
The 1991 GMC Jimmy was a throwback to a better time. The design, originally introduced in the 1973 model year, was all truck and its square, upright design spoke volumes about American strength and power. Over the years, the design gradually evolved and towards the end of its product run even gained small touches of luxury. Don’t be misled by the soft velour seats and carpeted floors, though, under the skin the truck was still all business. It was a serious rig for serious men and it required a seriously big wallet to fill its seriously big fuel tank. I didn’t know it then, but I was in serious trouble the minute it hit the driveway.
There comes a time when the prices for used cars at the auto auctions go the way of an exuberant bubble.
A small army of consumers get their tax refunds. The car lots wake up from their winter slumber, and values for vehicles go the netheregions of the human imagination.
I sell cars during this time, not buy them. In the last three months of every year I will usually buy a lot to avoid the tax time market prices. Sometimes as many as 12 vehicles in a day. But when tax season comes, I buy a chosen few and sell them by the dozen.
Then, after the buying frenzy begins to ever slowly ebb, there will be a welcome break in those hedonistic valuations. Where instead of winding up $1000 to $1500 behind the selling price, I wind up second to another bidder. Almost always to a guy who has been buying cars for a long time. Today was that day.
The cost of doing business in Canada may be high for auto makers, but that isn’t stopping GM from looking to re-negotiate their contract with the CAW nearly a year in advance as a means of keeping production of the Chevrolet Equinox and GMC Terrain at the CAMI plant in Ontario.
GM’s new large pickups might be locked up at NAIAS, but they were wide open at the launch event I attended last month. The event included three presentations: one of both trucks together, then one each from the two marketing teams explaining how their truck was different…by saying pretty much the same thing. Both Chevrolet and GMC truck buyers have perfectly organized garages where you can eat off the floor. People with messy, disorganized garages must buy someone else’s truck.
As I gear up for NAIAS (read: do laundry, look for my passport), I am scanning the schedule for what press conferences are worth going to and what’s worth skipping? If you have any special requests, speak now in the comments or forever hold you peace. Personally, I’m most looking forward to seeing the new GM full-size trucks. I liked the old GMT900 pickups, but the bar has been moved forward consecutively by both Ford and Ram. The old formula of a simple, honest no-frills truck may not be enough – and that could be a disastrous miscalculation by GM, leading to a Civic/Malibu-esque need for a mid-cycle refresh.
One of the most conspicuous absences from GM’s full-size truck reveal was the lack of any hybrid variants. The highly-touted but slow selling hybrid full-size trucks and SUVs were never intended to be the darlings of America’s truck space, but they played an important behind the scenes role for the company.
For years General Motors fought a rearguard action, asserting that its relatively big cam-in-block engines were at least as good as the “high tech” DOHC mills offered by “the Japanese.” Led by the buff books, freethinking pistonheads knew better. More power from a smaller displacement engine clearly indicated higher intelligence. Honda, smartest of all, extracted 270 horsepower from a 3.0-liter V6. The 1990 Corvette made do with 245 horsepower from a 5.7-liter V8. Two decades later, GM finally developed a 3.0-liter V6 with an NSX-like output, and without the Acura’s pricey titanium innards or need for premium fuel. The new engine took the place of a previous-generation 3.6. My response after sampling the then-new V6 in the similarly new GMC Terrain: “Perhaps the 3.6 will at least find its way into a future Denali variant?” Three years later, the future has arrived.
I don’t have any particular bias against American cars, but it’s fair to say that I’ve always preferred imports over American muscle, save for one major exception; the GMC Typhoon.
Following in the footsteps of the Ford F-Series multiple luxury times and Ram Laramie, Chevrolet will offer a new luxury trim level for the Silverado – complicating things for GMC, which is positioned as an upscale truck brand.
Only one more day until we get August sales data, and September 4th will bring us the latest inventory numbers. Here at TTAC, we’re keeping an eye on GM’s full-size truck inventory, which is as high as 145 days for the GMC Sierra – well above the 100 day supply that’s considered safe for full-size trucks.
Compressed natural gas may cost the equivalent of $1.89 per gallon of gasoline, but retrofitting your GMC Sierra or Chevrolet Silverado will cost you $11,000 – and GM still think it will save you money.
The Nissan NV may be an exciting newcomer, but the tried-and-true GM and Ford vans are the staple of the commercial market. Our own Mike Solowiow took exception with the 2007 Chevrolet Express passenger van as a passenger hauler back in 2008. Will the no-frills cargo hauler variant find favor with us here at TTAC? More importantly, can GM’s smorgasbord of configuration options dethrone Ford as the volume van seller during the upcoming T-Series transition?