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There's an impending shortage of new trucks in America's heartland

URBANDALE, Iowa — Jerry Bill is worried the novel coronavirus could hurt business at the Des Moines auto dealership he runs, but not because of a shortage of buyers for the big Ram pickups on his lot. "Our biggest issue will be if we don't get more inventory," said Bill, general sales manager of Stew Hansen Chrysler Dodge Jeep Ram, which sells around 2,700 new vehicles a year in Urbandale, a suburb of Iowa's capital Des Moines. After a drop in sales in April when consumers stayed home, Bill expects pickup truck sales to end May similar to where they were a year earlier. And if demand remains strong, Bill said he will run out of popular models in June. Fiat Chrysler began slowly restarting Ram truck assembly lines on Monday after a two-month shutdown. The U.S. economy contracted in the first quarter at its sharpest pace since the Great Recession of 2007-2009 because of lockdown measures aimed at slowing the spread of the coronavirus. Economists warn the second quarter will be much worse. Still, far from the lockdowns of states like New York, Michigan or Ohio, dealerships like Stew Hansen have provided FCA and Detroit rivals General Motors and Ford a rare bright spot: strong sales of pickup trucks in America's heartland. Overall U.S. sales of cars and light trucks crashed to the weakest pace in 50 years last month. But sales of big Detroit brand pickups, particularly in southern and western states less affected by the outbreak, significantly outperformed the market, industry executives and analysts said. Pickup trucks are one of the most profitable automotive segments in the world. They account for a huge portion of the Detroit automakers' profits and formed a huge lure for Peugeot, which expects to merge with FCA by early 2021. The pressure is now on to boost pickup truck production and send vehicles to dealers in parts of the country with dwindling supplies. That is particularly true for GM, which is running short of certain truck models after losing 40 days of production to a strike last fall. "If you don't have what someone wants, they can choose to go to another brand," said Cox Automotive analyst Michelle Krebs. 'Easiest swap ever' Detroit automakers in March rolled out large discounts — such as interest-free loans for seven years — to keep vehicles rolling off dealer lots.

GM says over 40% of new China launches in next five years will be EVs

SHANGHAI — General Motors is planning an electric car offensive in China with more than 40% of its new launches in the country over the next five years set to be electric vehicles (EVs), the U.S. carmaker said on Wednesday. GM's electric vehicles, many of which will be all-electric battery cars, will be manufactured in China with almost all parts coming from local suppliers, the company said in a statement released at its Tech Day event in Shanghai. Reuters reported earlier on Wednesday that GM was planning to overhaul its Chinese line-up to stem a slide of sales after more than two decades of growth in a country that contributes nearly a fifth of its profit. GM's new China boss Julian Blissett told Reuters that new technologies, such as EVs and cars with near hands-free driving for highways, would play a key role in GM's China initiatives, which are part of a push to get annual sales in the country back to the 4 million peak it hit in 2017. GM did not say in its statement how many new or significantly redesigned models it was planning to launch in China over the next five years. "China will play a crucial role in making our vision a reality," GM CEO Mary Barra said in the statement, referring to its initiative to create what it describes as a future of "zero crashes, zero emissions and zero congestion" through electrification and smart-driving technologies. GM has said it plans to invest more than $20 billion in electric and automated vehicles globally by 2025. It was not clear how much of that investment will be spent in China. (Reporting by Norihiko Shirouzu in Shanghai; Editing by David Clarke) Related Video: Green Buick Cadillac Chevrolet GM Electric China

2019 Nissan Leaf Plus vs. Chevy Bolt, Hyundai Kona Electric: How they compare on paper

Buying an EV once meant choosing either a reasonably priced model with paltry range and weak power, or a massively expensive one with a decent range. But today we have not one, but three options with reasonable prices and healthy ranges of over 200 miles. The latest of which is the 2019 Nissan Leaf Plus, which brings a bigger battery and a more powerful motor over its entry-level counterpart. The question is, how does it stack up with the defending entries in this segment, the 2019 Chevy Bolt EV and Hyundai Kona Electric? To get an idea, we've gathered up the specifications of each electric hatchback for comparison. We'll take a look at power, torque, electric range, charging options, interior space and the all-important pricing and incentives. You can see the raw numbers in the chart below, and additional insights in the text beyond that. If you'd like to compare these cars with other vehicles, be sure to check out our comparison tools. Range and power No matter how much electric cars improve their overall range, range anxiety is going to be an issue for a while, meaning every mile counts. The Kona Electric is the hands-down winner, managing 258 miles from its 64-kWh battery. Next is the Chevy Bolt EV at 238 miles from the group's smallest 60-kWh battery, followed by the Leaf Plus with 226 miles from a 62-kWh battery. For those who want to get really deep into energy usage, the Bolt EV and the Kona Electric have the same EPA rating for energy consumption of 28 kWh per 100 miles, meaning they're equally efficient. This is particularly impressive for the Kona, since it weighs nearly 300 pounds more than the Bolt. Something else to consider with these electric cars are charging options. All three have 120-volt level 1 and 240-volt level 2 charging capability standard, but only the Leaf Plus and Kona Electric give you DC fast charging capability for free. To get it on the Bolt EV, you'll spend an extra $750. Speaking from experience, you'll want DC fast charging if you plan on doing any long trips. 2019 Nissan LEAF e+ View 26 Photos As for the motors propelling these EVs, there's very little difference. The Bolt and Kona are neck-and-neck with 200 and 201 horsepower respectively. The Leaf has a few more horses at 216. In the torque department, the Leaf is last with 250 pound-feet, and the Bolt is just ahead at 266. The Kona is a serious twister with 290 pound-feet.