General Motors is searching for savings under every RenCen couch cushion as it ramps up a profit-boosting cost-cutting effort.
The automaker has already chopped plenty of what it sees as fat, and is so confident in its streamlining abilities that it now claims it could weather a major plunge in sales. Even, say, a 40-percent dropoff.
Having been a player in the small car category since its 2001 reboot, Mini now seeks to take on the burgeoning premium sporty compact segment with this, the new John Cooper Works Clubman.
In 1999, GM altered the front fascia and slightly upgraded the interior of the GMC Yukon Denali to introduce the Cadillac Escalade. Although Cadillac was late to the Lincoln Navigator’s game, the biggest, baddest, boldest Cadillac quickly became an undeniable hit.
Now in fourth-generation form, U.S. sales of the regular-wheelbase Cadillac Escalade are on track to rise to an eight-year high in 2016.
Joining the Escalade in Cadillac’s SUV/crossover lineup in 2003 was the first-generation Cadillac SRX. With a two-row mainstream approach in generation two, the Cadillac SRX also became a huge success. Propelled forward in part by incentives, the SRX’s ability to claim its best ever U.S. sales total in 2015, its final full year, was nevertheless impressive.
Less than half a year into its run, the SRX-replacing Cadillac XT5 is likewise a formidable hit; yet more proof that Cadillac knows how to shake its moneymakers. Which makes you wonder why Cadillac hasn’t already brought to market more moneymakers for the brand to shake. (Read More…)
Ford’s full-size SUV will adopt aluminum architecture when the next-generation model arrives in 2017 as a 2018 model, Ford has told investors.
With less weight and a full redesign on tap, the automaker hopes to make the Expedition more attractive to buyers, as well as environmental regulators. (Read More…)
The United Kingdom isn’t scared of electric vehicles, what with their high fuel prices and limited driving distances (when compared to the U.S.).
However, General Motors has developed a serious case of cold feet on the issue of launching a Vauxhall-branded Chevrolet Bolt, which could prove a decent sales performer. An all-electric range of 238 miles is impressive, so why is the General so shy? (Read More…)
The Toyota Tacoma entered the year in an enviable position. Soaking up nearly half of all sales in the growing midsize pickup segment, the venerable nameplate’s spot on top of podium seemed unshakable.
Eight months later, Toyota seems spooked. The Tacoma’s market share is eroding, down to 38 percent of the midsize segment in August as its competitors surge. To stay ahead, the automaker plans to send a bundle of cash south of the border to boost production, Automotive News reports. (Read More…)
Automakers can expect a favorable environment for lucrative truck and SUV sales well into next year, as the right conditions come together for a continued oil glut. That heralds lower prices at the pump, less painful driving, and less scrutiny of EPA mileage figures on Monroney stickers.
Oil supply and inventories are rising, even as demand falls off sharply, while overseas interests are conspiring to keep prices down — and in their favor. (Read More…)
The crossover market isn’t just hot — it’s radiating the brilliant, scorching intensity of a million suns.
Naturally, any automaker with the means to do so would prefer to offer a lineup as diverse as possible, allowing even greater numbers of utility-hungry buyers to fall into its arms. Nissan looked around, saw some spare cash, then looked over at the Toyota RAV4, America’s best-selling compact crossover, with its regular and hybrid variants.
“Gotta get us a hybrid Rogue,” Nissan execs thought. (Read More…)