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U.S. new-vehicle sales in 2018 rise slightly to 17.27 million [UPDATE]

DETROIT — Sales of new vehicles in the U.S. rose slightly in 2018, defying predictions and highlighting a strong economy. Automakers reported an increase of 0.3 percent over a year ago to 17.27 million vehicles. The increase came despite rising interest rates, a volatile stock market, and rising car and truck prices that pushed some buyers out of the new-vehicle market. Industry analysts and automakers said strong economic fundamentals pushed up sales and should keep them near historic highs in 2019. "Economic conditions in the U.S. are favorable and should continue to be supportive of vehicle sales at or around their current run rate," Ford Chief Economist Emily Kolinski Morris said after the company and other automakers announced their sales numbers Thursday. That auto sales remain near the 2016 record of 17.55 million is a testimonial to the strength of the economy, said Mark Zandi, chief economist at Moody's Analytics. The job market, he said, has created new employment, and wage growth has accelerated. "That's fundamental to selling anything," he said. "If there are lots of jobs and people are getting bigger paychecks, they will buy more." The unemployment rate is 3.7 percent, a 49-year low. The economy is thought to have grown close to 3 percent last year, its best performance in more than a decade. Consumers, the main driver of the economy, are spending freely. The Federal Reserve raised its key interest rate four times in 2018 but is only expected to raise it twice this year. Auto sales also were helped by low gasoline prices and rising home values, Zandi said. It all means that people are likely to keep buying new vehicles this year even as they grow more expensive. The Edmunds.com auto-pricing site estimates that the average new vehicle price hit a record $35,957 in December, about 2 percent higher than the previous year. It will be harder for automakers to keep the sales pace above 17 million because they have been enticing buyers for several years now with low-interest financing and other incentives, Zandi said. He predicts more deals in the coming year as job growth slows and credit tightens for higher-risk buyers. Edmunds, which provides content, including automotive tips and reviews, for distribution by The Associated Press, predicts that sales will drop this year to 16.9 million.

2022 GMC Sierra Denali caught towing in new spy photos

The GMC Sierra 1500 was just redesigned for the 2019 model year, but the hyper-competitive half-ton segment will see an updated Denali offering for 2022 and, as we can see from these spy photos, GMC is already testing prototypes.  There's quite a bit covered up on this particular example, leading us to believe the Sierra Denali's refresh will be on the heavy side. We're not surprised, as GM's usually comfortable position within the full-size segment has been eroded over the past few years, largely due to intrusion into the luxury market on the part of both Ford and Ram.  From these shots, we can tell the Sierra Denali will get at least one new grille (if not several of them), new headlights, new bumpers, new bed sides, new tail lights and perhaps even an updated tailgate, though we expect that will matter more on trucks not equipped with the MultiPro multi-function tailgate option, which tends to take up a lot of stylistic real estate.  As comprehensive as that may sound, it's nothing compared to what GMC has in store for the Denali's upgraded interior. Super Cruise — GM's highway semi-self-driving suite — will headline the updates. This is big news for two reasons. For starters, Super Cruise has thus far been relegated only to Cadillac, so the Denali will likely be among the first outside of that model line to offer it. GM also claims that the version of Super Cruise coming to the Sierra is capable of towing. Yes, hands-free towing. Besides Super Cruise the 2022 Sierra is getting a fully digital instrument cluster as part of what appears to be a fairly comprehensive interior redesign, different from both the current Sierra, standard Yukon and Yukon Denali interiors.  Related Video:

2024 GMC Acadia gets bigger, goes entirely turbocharged

For an entire generation now, the GMC Acadia, the brand's largest unibody SUV, has sat in an unusual zone in between the typical midsize two-row and large three-row segments. But the completely redesigned 2024 Acadia is stepping confidently into the latter camp, growing to roughly match its cousin, the also fully redesigned 2024 Chevy Traverse. And adding to its greater size and performance, the Acadia brings unique exterior and interior design. The size increase is impressive. The wheelbase has grown 10.6 inches, overall length by 8.4, and overall height by 3.2. GMC claims this has increased cargo space by 80% and second-row seat room by 27%. These changes all make it about the same size as the Chevy, too, instead of a smaller option.  This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. That doesn't mean the two look the same, though. The front fascia clearly borrows heavily from the GMC Sierra 1500 with a tall grille and C-bracket headlights. The flanks really depart from the aggressive shape of the Traverse. It also skips the fat C-pillar. GMC designers noted they specifically worked to reduce the size of that pillar, in part to improve visibility for third-row passengers. Conversely, the D-pillar is relatively large and is finished in body color to reveal it. But to keep it from looking overly large, there's a black plastic panel that helps give the rear window a bit of a wraparound effect. The taillights also have a gloss black panel to blend them into the rear window area and reduce the visual mass of the hatchback. The interior is the biggest differentiator between the Traverse and Acadia, though. The entire dashboard is unique to the Acadia. The 11-inch instrument display sits under a cowl that extends horizontally to meet the unique vertical 15-inch infotainment screen. That screen overlaps a squared-off, horizontal dash design, and it's flanked by vertical air vents. The Acadia picks up a column-mounted shifter, too, freeing up space for storage in the center console. There are practically no parts directly pulled from other GM products. And unlike GM's upcoming EVs, the Acadia will have Apple CarPlay and Android Auto functionality. Individual Acadia models even have unique features. The luxury Denali trim and off-road focused AT4 trim both return. The AT4 stands out the most with an extra inch of ground clearance in part from the all-terrain tires on 18-inch wheels.