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China's Buick Envista crossover is coming to the United States
Wed, Nov 23 2022Confirming an earlier rumor, Buick has announced that the Envista crossover it unveiled in China earlier in 2022 will travel across the Pacific and land in American showrooms. The fastback-like soft-roader's main mission will be to lure younger buyers into the firm's showrooms. "[The Buick Envista is] already in production in China, off the design of the Buick Wildcat. Getting ready for the United States here as well; just a beautiful addition to the Buick line-up," said General Motors president Mark Reuss during a conference call in November 2022. His announcement asks more questions than it answers. We don't know when the Envista will make its American debut, whether it will be imported from China or built elsewhere, or precisely where it will slot in the Buick range. Enthusiast website GM Authority speculates that we could see the model in time for the 2024 model year and that the lineup will include an upmarket trim level with the Avenir designation. Technical details will be released closer to the Envista's on-sale date. For context, the version sold in China carries a base price of RMB 150,000, which represents about $21,000 at the current conversion rate, and ships with a turbocharged, 1.5-liter four-cylinder engine rated at 181 horsepower and bolted to a continuously variable transmission (CVT). It's available with a pair of 10.25-inch displays (one for the instrument cluster and one for the infotainment system), a surround-sound system, and a sporty-looking appearance package named GS (that should raise some eyebrows from the long-time Buick fans out there). Convincing young motorists to put the Buick brand near the top of their shopping list will be just one of the Envista's tasks. On a secondary level, it also previews the design language that will permeate the rest of the range (including a series of EVs) in the coming years. Related video: Featured Gallery 2022 Buick Envista, Chinese-spec model Buick Crossover
GM is quietly slashing prices on base models
Fri, Jan 30 2015While General Motors' fourth quarter financial figures haven't yet been released, the automaker seems to be weathering a potentially rocky time well, even beating third-quarter projections last year. To keep the climb going, the company is launching new base trims for several popular models that make them cheaper than ever but with tight dealer margins. The new entry-level trims are the Chevrolet Cruze L, Equinox L, GMC Terrain SL and Buick LaCrosse 1SV. Buyers lose some content by picking them, but the prices are slashed. According to Cars Direct, the biggest savings are on the LaCrosse, where customers pay $31,065, plus $925 destination, $2,570 less than the previous base 1SB trim but must accept things like 17-inch wheels and no cargo net in the back. If you're wondering how Buick can remove only a little equipment but cut the price so much, it's because the company also slashed dealer margins. According to Cars Direct, the difference between the invoice and MSRP for the LaCrosse 1SV is only around $150, compared to around $1,350 before. The disparity is even greater for the Cruze with an $81 difference in the prices, compared to about $600 for the LS version. Showrooms are expected to keep very low stocks of these trims, though. "Dealers use such vehicles to get people in the door, but they do not generally want to do high volumes of these strippers. The margins are next to nothing; they don't make much money off these cars," said Ed Kim, Vice President of Industry Analysis for AutoPacific to Autoblog. Dealers are also expected to advertise that these new base trims undercut major competitors. For example, the Cruze L rings up for about $2,320 less than a Honda Civic LX, according to Cars Direct. One potential drawback for buyers is that these models might not be eligible for incentives. While the attractive prices might get customers into dealers, folks may not actually end up driving home with these entry-level models. Kim indicated base trims also make up a small portion of the sales mix. "Consumers aren't asking for stripped out vehicles, even at the low end of the marketplace," he said. Featured Gallery 2015 Chevrolet Cruze View 9 Photos News Source: Cars DirectImage Credit: Chevrolet Buick Chevrolet GM GMC Car Buying Car Dealers Crossover Sedan gmc terrain cheap cars
GM will recall more than 3.3 million vehicles in China for suspension defect
Sat, Sep 29 2018BEIJING (Reuters) - General Motors' joint venture in China, Shanghai GM, will recall more than 3.3 million Buick, Chevrolet and Cadillac vehicles stating Oct. 20 because of a defect with the suspension system, China's market regulator said on Saturday. GM Shanghai said in a text message to Reuters that the suspension arm may be deformed under extreme operating conditions, but there are no known casualties related to the issue. The recall includes cars produced between 2013 and 2018, the State Administration for Market Regulation said in a statement. GM will contact those affected and repair the vehicles free of charge, it said. (Reporting by Josephine Mason and Hallie Gu; additional reporting by Yilei Sun; Editing by Shri Navaratnam and Michael Perry)Related Video: Image Credit: Qilai Shen/Bloomberg via Getty Recalls Buick Cadillac Chevrolet Safety