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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...
Chevrolet Camaro deliveries in the United States totaled 7,841 units in May 2017, an increase of 34.6 percent compared to 5,827 units sold in May 2016. In the first five months of 2017, sales of the sports car are flat over 2016 levels. In Canada, the Camaro recorded 447 deliveries in May 2017, an increase of 10.6 percent compared to 404 units sold in May 2016. In the first five months of the year, Camaro sales totaled 1,369 units in Canada, an increase of 16.3 percent compared to the first five months of 2016. By comparison, Dodge Challenger sales grew 2.3 percent during the month ...
Even though GM introduced its new Chevrolet Cruze to the market, the inventories have swelled as more buyers choose SUVs. General Motors said last week that it's planning to cut third shifts at two U.S. car factories. The car models in question, the Cadillac ATS and CTS, and Chevrolet Cruze and Chevrolet Camaro, haven't been selling as quickly as GM would like, and inventories have risen sharply. That wasn't really a surprise. GM is far from the only automaker to see car sales slump as more and more buyers gravitate toward SUVs. But inventories of some of those mode...
Bad news don't come alone, so as the car sales decline from month to month, General Motors said it will lay off 2,000 workers because of slowing car sales even as it makes new investments in its plants. GM said it plans to cut the third shift at its Lansing Grand River Assembly Plant in Michigan and Lordstown Assembly Plant in Ohio in January because sales of cars made at those plants are declining. The automaker assembles the Cadillac ATS and CTS and the Chevrolet Camaro at its plant in Lansing and makes the Chevrolet Cruze at its plant in Lordstown. GM had a slight increase in...
The latest car sales data shows that in September 2016, the sales volume of entry-level luxury cars in the US fell 17.4% year-over-year (or YoY) to 49,118 vehicle units. We should say that it is a significant decline. For the same period, the sales of entry-level luxury SUVs rose 12.6% YoY to 54,145 units, and the sales of entry-level sports cars fell 9% YoY to 25,408 units. Top car models in these entry-level luxury and sports vehicle segments were the BMW 3 Series, Mercedes-Benz C-Class, Lexus RX, Ford Mustang, Chevrolet Camaro, and Dodge Challenger. A total of 11,590 mid-range lu...
