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If you think that electric-vehicle startups like Tesla would push mainstream automakers out of the EV game, think again. In fact, General Motors has had such strong demand for the Chevy Bolt that it had to increase production. In its financial reports for the first half of this year, GM confirmed that it’s ramping up production of the electric hatchback by 20 percent thanks to strong demand in the US, Canada, and South Korea. Global sales of the Bolt have been up more than 40 percent from January through June of this year. Chevy sold 7,858 units of the Bolt just in the US so f...
Sedan sales are falling across the industry, and automakers are reacting to this. General Motors reacts by halving Cruze production at its Lordstown, Ohio factory, probably impacting around 1,500 workers there. This factory only produces Cruze, and there are working just under 3,000 employees. The news comes as sedan sales, in general, are down 13.2 percent this year while crossover, SUV, and truck sales grew seven percent. Sales for the Cruze are even worse than the industry average, 28 percent. Last year, Chevy sold just over 184,000 Cruze models. The sales' decline forced the...
It’s the first time ever for Kia and Alfa Romeo to be named finalists for the North American Car, Truck and Utility of the Year Awards. The nine vehicles still in the running for the 2018 awards also include two chances for Honda to extend its winning streak to a third consecutive year. The three car finalists announced Wednesday at the Los Angeles Auto Show are the Toyota Camry, Honda Accord and Kia Stinger. The Camry and Accord, which have long battled for supremacy in the now-fading midsize sedan segment, will be up against Kia's first serious performance car. In t...
Chevrolet Bolt EV continued a steady sales rise last month as it solidified its position among the top three plug-in electric cars for which monthly U.S. sales are reported. The Chevrolet Bolt EV continued a steady sales rise last month as it solidified its position among the top three plug-in electric cars for which monthly U.S. sales are reported. In August, Chevy delivered 2,107 Bolt EVs, the first time the car had sold more than 2,000 units in a month after entering the market in mid-December last year. Close behind was the Toyota Prius Prime plug-in hybrid, at 1...
Chevrolet aims to update its lineup by adding a budget V8 Camaro. Offering a cheaper V8 would be fantastic both from an enthusiast standpoint and from a sales perspective. Everyone likes the current Camaro with its 455-hp V8, but the $37,995 price makes it a tough sell when it's a full $2,000 more than the now more powerful 2018 Ford Mustang GT. It's also almost $4,000 more than both the outgoing 2017 Mustang GT and the Challenger R/T, the most affordable V8 Challenger. We think that if Chevy could offer a bare-bones model for a couple-thousand dollars less, perhaps without...
