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Average transaction prices climb to a record $36,270 in January

The automotive sector made a hash of the numbers last month, a mess of pluses and minuses clogging the transaction-price charts according to Kelley Blue Book. The overall industry rose one percent, even though buyers bought fewer cars and light vehicles in January 2018 vs 2017 using the selling-day adjusted rate. Due to January transaction prices rising to $36,270, a record for January, the value of new vehicles sold climbed more than $1 billion compared to January 2017. KBB's transaction prices don't include customer incentives, which changes the complexion slightly; average incentive spending rose to just over ten percent. The average transaction price in December 2017 was $36,756, so January dropped a bit - nothing unexpected, with the month annually blamed for "January doldrums." More revealing is the fact that the average transaction price in January 2017 was $34,910. This year's plumped-up figure came courtesy of the continued shift to crossovers, SUVs, and light trucks, which shouldn't surprise anyone who's read an automotive blog in the past 20 years. That category comprised nearly 70 percent of new vehicle sales for the month. Some manufacturers profited more than others, though. Fiat Chrysler managed 12.8 percent fewer sales in January compared year-on-year, but the company's vehicles sold for $1,300 more. The Ford brand suffered a 6.3-percent dip in sales, but brand transaction prices increased $2,000, while a Lincoln sold for $8,700 more on average. General Motors sold more cars and sold them for more money; overall GM transaction prices rose four percent, or $1,270, while a GMC traded hands for seven-percent more than in January 2017 and a Cadillac got $2,300 more on average. Of KBB's listed automakers, the Volkswagen Group got the most of out its customers, transaction prices rising at the German automaker by 5.6 percent to $42,243 in January 2018 compared to a year earlier. American Honda followed with a 4.3-percent increase to $28,991, GM in third at 4.1 percent to $40,313. Find your next car at Autoblog using our new and used car listings or the Car Finder tool. Broken out by segment, minivans rocked the table, transaction prices leaping by 7.9 percent to $35,380 compared to January a year earlier. Luxury cars boasted the next-highest rise, at 3.6 percent to $58,533.

2024 GMC Canyon Review: Ready for the trail, happy on the commute

Pros: Stellar exterior styling for all trims; punchy powertrain; outstanding AT4X off-road trims; great tech and interior amenities Cons: Only one cab/bed combination; gets expensive quick; firm ride for most trims The 2024 GMC Canyon is an excellent midsize pickup. So is the Chevrolet Colorado, its bowtie-branded twin, though with the new generation, the Canyon does a better job than ever of differentiating itself. It starts with the styling where GMC offers a pick-your-own-adventure amongst the various trims. You can go classy and upscale with a Denali or rugged and mean with the AT4. Off-road junkies can find all they might want in the Canyon lineup now, too, as the AT4X is basically the Colorado ZR2’s doppelganger, enjoying its magical Multimatic dampers for outstanding performance no matter the surface. And if you want even more extreme, thereÂ’s the AT4X AEV Edition. The turbocharged four-cylinder powertrain is more than potent with its 430 pound-feet of torque, and unlike the Colorado that offers various output levels, the Canyon only comes in the highest power spec no matter the trim level. The one downside to the Canyon is its high price, but at least it backs that price up with tech and capability. In fact, the Canyon and Colorado are so good that theyÂ’ve instantly become some of our favorite pickups, regardless of size or segment. Needless to say, then, GMCÂ’s version stacks up very well within its actual segment, leading us to prefer it over stalwarts like the Ford Ranger and Nissan Frontier. It might not have an efficiency answer to the Toyota TacomaÂ’s new hybrid variant, but the Canyon is about as good as it gets for the midsize truck segment in 2024. Interior & Technology   |   Passenger & Cargo Space   |   Performance & Fuel Economy What it's like to drive   |   Pricing & Trim Levels   |   Crash Ratings & Safety Features What's new for 2024? The GMC Canyon was all-new for 2023, so there arenÂ’t many changes for the truck in 2024. GMC did add a new model for the new year with the AT4X AEV Edition that improves off-road performance beyond the already impressive AT4X. You can find our first drive review of the AEV Edition here. Beyond the introduction of the AEV model, GMC makes the 11-inch digital instrument cluster standard across all trims – it was previously only installed on the Denali and AT4X. Other trims had an 8-inch version. What are the CanyonÂ’s interior and in-car technology like?

GM seeks national mandate for zero-emissions cars

DETROIT — General Motors says it will ask the federal government for one national gas mileage standard, including a requirement that a percentage of auto companies' sales be zero-emissions vehicles. Mark Reuss, GM's executive vice president of product development, said the company will propose that a certain percentage of nationwide sales be made up of vehicles that run on electricity or hydrogen fuel cells. GM says a nationwide program modeled on such a requirement in California could result in 7 million electric vehicles, or EVs, on U.S. roads by 2030. California wants 15.4 percent of vehicle sales by 2025 to be EVs or other zero emission vehicles. Nine other states, including Maryland, Massachusetts, New Jersey and New York, have adopted those requirements. In January, California Governor Jerry Brown set a target of 5 million zero-emission vehicles in California by 2030. The Trump administration criticizes California's ZEV mandate, saying it requires automakers to spend tens of billions of dollars developing vehicles that most consumers do not want, only to sell them at a loss. Reuss told reporters that governments and industries in Asia and Europe "are working together to enact policies now to hasten the shift to an all-electric future. It's very simple: America has the opportunity to lead in the technologies of the future." A national mandate also would create jobs and reduce fuel consumption, CO2 emissions and "make EVs more affordable," Reuss added. GM, the nation's largest automaker, will spell out the request Friday in written comments on a Trump administration proposal to roll back Obama-era fuel economy and emissions standards, freezing them at 2020 levels instead of gradually making them tougher. Under a regulation finalized by the Environmental Protection Agency at the end of the Obama administration, the fleet of new automobiles would have to get 36 miles per gallon by 2025, 10 mpg higher than the current requirement. But the Trump administration's preferred plan is to freeze the standards starting in 2021. Administration officials say waiving the tougher fuel efficiency requirements would make vehicles more affordable, which would get safer cars into consumer hands more quickly. GM on Thursday said it doesn't support the freeze, but wants flexibility to deal with consumers' shift from cars to less-efficient SUVs and trucks.