2020 Gmc Terrain Sle on 2040-cars

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GM thinks Colorado and Canyon midsize trucks will lure crossover buyers

The invitation to come out and sample product at the General Motors Proving Grounds in Milford, MI is rarely dull, and after spending this morning driving preproduction versions of the Chevrolet Colorado and GMC Canyon all we can say is... under strict embargo. Sorry, America, we were as excited as many of you are to learn more about GM's new midsize truck range and take note of how they go down the road, but it's going to be September before we're allowed to share that with all of you. Here's to sweet suspense.
While we might not be able to talk about refinement or handling yet, we did find some of the product positioning and marketing statements from GMC and Chevy officials on hand at the program to be pretty interesting.
Of course, we all know that the literal competitive set for Canyon and Colorado is comprised of two comparatively ancient Japanese midsize trucks: the Toyota Tacoma (which currently owns this segment) and the Nissan Frontier. The Frontier's bones are as old as the 2005 model year, with 2009 marking the last time the truck was updated. The Taco was also launched in 2005, though it did see a freshening for 2012. The point remains that, in every facet from powertrain to dash plastics, the GM midsize truck twins are going to look positively space age by comparison when they hit the market for MY 2015.

Frustrated GM investors ask what more Mary Barra can do

DETROIT — General Motors Co Chief Executive Mary Barra has transformed the No. 1 U.S. automaker in her almost five years in charge, but that is still not enough to satisfy investors. Ahead of third-quarter results due on Oct. 31, GM shares are trading about 6 percent below the $33 per share price at which they launched in 2010 in a post-bankruptcy initial public offering. The Detroit carmaker's stock is down 22 percent since Barra took over in January 2014. After hitting an all-time high of $46.48 on Oct. 24, 2017, the shares have declined 33 percent. In the same period, the Standard & Poor's 500 index has climbed 7.8 percent. Several shareholders contacted by Reuters said GM could face a third major action by activist shareholders in less than four years if the share price does not improve. "I've been expecting it," said John Levin, chairman of Levin Capital Strategies. "It just seems a tempting morsel to somebody." Levin's firm owns more than seven million GM shares. Barra has guided the company through the settlement of a federal criminal probe of a mishandled safety recall, sold off money-losing European operations, and returned $25 billion to shareholders through dividends and stock buybacks from 2012 through 2017. GM declined to comment for this story, but the company's executives privately express frustration with the market's reluctance to see it as anything more than a manufacturer tied mainly to auto market sales cycles. GM's profitable North American truck and SUV business and its money-making China operations are valued at just $14 billion, excluding the value of GM's stake in its $14.6 billion Cruise automated vehicle business and its cash reserves from its $44 billion market capitalization. The recent slump in the Chinese market, GM's largest, and plateauing U.S. demand are ratcheting up the pressure. GM is one of the few global automakers without a founding family or a government to serve as a bulwark against corporate raiders. In 2015, a group led by investor Harry Wilson pressed GM to launch a $5 billion share buyback, and commit to what is now an $18 billion ceiling on the level of cash the company would hold. In 2017, GM fended off a call by hedge fund manager David Einhorn to split its common stock shares into two classes. Einhorn, whose firm still owned more than 21 million shares at the end of June, declined to comment about GM's stock price. Other investors said there were no clear alternatives to Barra's approach.

GMC Sierra electric pickup previewed, will launch in Denali trim

An electric GMC Sierra Denali is coming, and this is our first look at the fully-electric pickup truck. It’ll be the second electric pickup from GMC, following the Hummer EV pickup that is about to launch. GMC didnÂ’t reveal much about the EV, but it did say that the electric Sierra will launch exclusively in Denali trim. That means you shouldnÂ’t expect to buy any cheaper versions of the truck in the immediate future. Denali is extremely popular among GMC buyers, though, so this being the exclusive offering probably wonÂ’t hurt GMCÂ’s sales prospects too badly. Beyond the trim, GMC also says the truck will be built on the Ultium platform, which is a given these days for new electric GM vehicles. As for the image and teaser video (see the video below), GMC gives us a fairly clear view of what the electric SierraÂ’s front end will look like. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. ItÂ’s no surprise to see the “grille” has been transformed into a shield of sorts. That shield is then flanked by a pair of giant LEDs that wrap around the edges of the top front corner. The turn signals are also previewed, as they blink in three-dot fashion on the front bumper. We can also see some fairly aggressive hood sculpting shrouded in shadow. And thatÂ’s about it. GMC says the electric Sierra will be fully revealed next year, but doesnÂ’t provide an exact date. We already know the electric Silverado is coming to CES in January, though, so we suspect many questions about the GMC version will be answered then. When the electric Sierra does come out, GM says it will be producing them at its assembly plant in Detroit and Hamtramck, MI. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.