GM Earns Nearly $10B, Cuts Big Checks for the Hourly
Flying in the face of empty dealership lots and a headache-inducing supply chain, General Motors reported this morning that the company recorded just under $10 billion in net income during the 2022 calendar year. This is good news for anyone wearing a GM hat, including hourly workers who will find enormous bonus checks in their mailboxes later this year.
Major Automakers Report 2022 Sales, GM Grabs Crown
After taking a drubbing in 2021, the last annum was also a headache for most of the world’s automakers. Nevertheless, General Motors has narrowly retaken the title of America’s best-selling car company after losing it last year for the first time since the Great Depression.
QOTD: Got Me Drove
The news cycle has been rife with stories about delayed travel and upended plans thanks to the wild weather being experienced across much of the U.S. and Canada. One harried traveler in Canada chose to rent a car and drive the 2,000 miles (plus a seven-hour ferry ride) to his home rather than wait three or four days in uncertainty for his rescheduled flight.
Here's our question to you: How far would you drive if an airline left you stranded?
Pickup Shake-Up: Supply Chain Headaches Stir the Pot
To say the first quarter of 2022 was a strange period for car sales would be to sorely understate the situation, akin to saying Vesuvius just barely covered Pompeii. Toyota kept its crown in America, models long out of production recorded sales, and GM beat Ford over the head in trucks.
New Paradox: Sales Down in a Red-Hot Market
Delivery numbers for the first quarter of 2022 may be down compared to this same time last year, but don’t construe that as a lack of customer interest. Supply and demand are out of sync for many manufacturers right now, leading to a situation in which there seems to be no shortage of buyers but a dearth of inventory to satiate their requests.
Swamp People: 2022 Ford Bronco Everglades
If you like your off-roading with a side of swamp, Ford has created a Bronco variant just for you. Called the Everglades (presumably, Bronco Bog and Bayou didn’t track too well in focus groups), it comes standard with a snorkel to help with water crossings and integrated Warn winch to haul you out of the mire.
Or, to simply show off at the trailhead. Your call.
The Right Spec: 2022 Honda HR-V
Sketches of the next bite-sized Honda surfaced this morning, showing a vehicle with an admittedly big gob but wearing proportions that are a smidgen less awkward than the machine which has been around now for very nearly a decade in some markets. If this were pre-pandemic times, we’d be bleating that a Right Spec would help buyers select the best of what’s being cleared out of dealer lots in favor of the new rig. That’s hardly the case these days.
Nevertheless, it’s entertaining to learn where the different trims land in terms of desirability. Let’s find out what’s on tap for the final model year of this HR-V generation
Detroit Auto Show Allegedly Happening This Year
The North American International Auto Show is reportedly back on schedule, with NAIAS organizers announcing that the Detroit-based event will be returning on September 14th, 2022.
But we’ve been burned before. A central theme of the last two years has been the announcement of trade events before their subsequent cancellation or transition into a virtual approximation of the real thing where out-of-touch CEOs read things in front of poorly rendered backdrops.
Toyota Introduces New Top-Dog Tundra
Builders of half-ton trucks in this nation are perpetually searching the upper limit of what customers are willing to pay for a new rig, with the moneyed set having plenty of choices when looking for a leather-lined and luxurious pickup. For the last few years, Toyota has had the 1794 Edition as an arrow in its quiver to compete against the crew from Detroit. Now, with their recently refurbished pickup truck, they’re going a step further. Meet the Toyota Tundra Capstone.
Vietnamese Company VinFast Shows 5 EVs at CES
At the dawn of automobiles, there were tremendously more brands from which to choose in America than there are today. With the rapid transition to all things electric, new companies are sprouting up faster than dandelions on your author’s lawn. Rivian, Lucid, Tesla – actually, when Tesla is the newest company in a particular group of examples, you know the landscape is changing rapidly.
Next out of the gate? A company from Vietnam called VinFast. Last night at CES, they hauled the covers off five different EVs, all of them shaped like crossovers ranging in size from S to XXL.
Don't Need No Stinkin' Badges: Lexus to Drop Logo, Add Billboards
Well, at least on the rear of their vehicles. According to a recent interview with another industry outlet that rhymes with Rotor Blend, the Lexus brand will begin appending chrome-plated L E X U S billboards to the rumps of their vehicles instead of the famed round stylized ‘L’ logo, a badge which will continue to appear on steering wheels and enormous grilles.
2022 Honda Passport Drops Base Trim, Wears New Higher Price
If you’re looking to get behind the wheel of Honda’s entrant in the two-row midsize crossover segment, be prepared to open your wallet a bit further than last year. A first blush, it might appear as if Honda jacked prices skyward by five grand but the reality is actually a lot simpler – they simply binned the base model.
2022 Nissan Rogue Adds Variable Compression Engine, Retains CVT
Fresh off a substantial redesign for 2021, the Nissan Rogue enters its sophomore year with a new engine option. On tap is a version of the brand’s variable compression technology, applied to a 1.5-liter turbocharged three-banger good for 201 horsepower and 225 lb-ft of torque. And, as is Nissan’s apparent M.O., the CVT ‘box remains.
Hold Yer Horses: New Mustang Trims, Colors for '22
While there aren’t any ponies added to the Mustang stable for its upcoming model year, there are a few paint n’ wallpaper tweaks that are sure to get bidders all excited when Barrett-Jackson holds a sale and takes bids in Scottsdale 30 years from now.
The Right Spec: 2022 Jeep Grand Cherokee
Our fancy-pants Managing Ed. is currently enjoying the sunny and rocky environs of Moab, sampling different variants of the new-for-’22 Jeep Grand Cherokee. His impressions will appear on these digital pages in due time but, until then, let’s examine what might just be The Right Spec of this popular SUV.