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GM sees 'strong year' in 2018, then gold in Chevy Silverado for 2019

DETROIT — General Motors said on Tuesday it expects earnings in 2018 to be largely flat compared with 2017, but that profits should pick up pace in 2019 as its revamped line of high-margin pickup trucks hits the U.S. market. The 2018 earnings outlook was above market expectations, sending GM shares up more than 3 percent in premarket trading. "GM had a very good 2017 as we continued to transform our company to be more focused, resilient and profitable," GM Chief Executive Mary Barra said in a statement. "We are positioned for another strong year in 2018 and an even better one in 2019." GM and its Detroit rivals, Ford and Fiat Chrysler Automobiles, are bringing on new trucks at a time when overall U.S. new vehicle sales have been falling, but truck sales continue to grow as consumers abandon passenger cars in favor of pickups, SUVs and crossovers. GM on Saturday fired a new round in the battle for profits from one of the U.S. auto industry's most lucrative segments when it showed a new generation of its Chevrolet Silverado pickup truck at the Detroit auto show. The new Silverado, a highlight of the event, is the successor to GM's best-selling vehicle in North America. Sales of the current Silverado rose nearly 2 percent to 585,000 vehicles in 2017. In the coming months, the company will also reveal a revamped GMC Sierra pickup truck. U.S. new vehicle sales fell 2 percent in 2017 after hitting a record high in 2016, and are expected to drop further in 2018 as interest rates rise and more late-model used cars return to dealer lots to compete with new ones. GM said on Tuesday that while it retools a factory in Ft. Wayne, Indiana, to make the new pickup trucks, it will shift some production to an Oshawa, Ontario, plant in order to avoid missing sales in a hot market for the vehicles. The No. 1 U.S. automaker said it will record a $7 billion non-cash charge for its fourth-quarter 2017 earnings related to deferred tax assets. GM said it expects capital expenditure in 2018 of around $8.5 billion, about $1 billion of which will go toward funding self-driving car technology. Last week, the company said it is seeking U.S. government approval for a fully autonomous car — one without a steering wheel, brake pedal or accelerator pedal — to enter the automaker's first commercial ride-sharing fleet in 2019. GM said it expects 2017 earnings per share at the high end of its previously forecast range of $6 to $6.50.

The story of the 2014 Chevrolet SS: "Luxury, power, refinement, handling"

Not including the women and men who built it, the 2014 Chevrolet SS has only been seen in person by a piddling number of people - fewer humans than would fill the gymnasium at a high school volleyball game. Not including the men and women who built it, no one has driven it. Even so, it is already saddled with two controversies: the way it looks and the way it shifts.
First to that shifting. Did we love the last Americanized Holden, the awesomely sportsome Pontiac G8 GXP, and its six-speed manual? Of course. Do we wish the SS came with a six-speed manual? Of course. But we'd like a toboggan to come with a manual transmission. We'd put a manual transmission on a weasel if we could because we're just wired that way; if it moves, it should come with a stick and a clutch. Or at least the option.
Let's climb down off the ledge, though. We haven't driven the SS and we have no idea how good (or not) the automatic is. And the Hobson's Choice in transmissions when it comes to sport sedans like the BMW M5, Mercedes-Benz E63 AMG and Jaguar XFR-S and, oh yeah, cars-that-really-should-have-manuals like the Audi R8 and Nissan GT-R and Porsche 918 and every single Lamborghini and Ferrari, for instance, hasn't stopped us from enjoying what is clearly the gruesome, dual-clutched demise of Western automotive civilization. Because in spite of our ululations at the dying of the six-speed light, we understand.

Chevy brings back Midnight Edition Colorado and Silverado for 2016

Chevrolet is capitalizing on the popularity of last year's shadowy Midnight Edition pickups with new versions at the Chicago Auto Show. The package's darker trim allows buyers to make their trucks look a little more menacing straight from the dealer. The 2016 Midnight Editions don't deviate from last year's monochromatic theme. The trucks feature blacked-out trim from the grille, badges, bumpers, and headlight bezels. The obsidian shades also appear on the side moldings and painted wheels. Chevy completes the dark theme with a black spray-in bedliner. Available with the Z71 package, customers can also get off-road equipment like an upgraded suspension, locking rear differential, and hill descent control – depending on the model. Chevy offered the Midnight Edition for the Silverado and Colorado last year, in addition to other models, and customers couldn't get enough of the dark trucks. "The Silverado 1500 Midnight was by far the most popular model in 2015, as demand outstripped supply in a matter of months. It only made sense to expand our special-edition offerings for 2016, including new Midnight editions," Sandor Piszar, Chevy's truck marketing director, said in the models' announcement. Chevy spokesperson Monte Doran told Autoblog the 2016 Midnight Edition pickups will be available this spring, but he wouldn't comment on pricing. You can get a good look at what to expect in the gallery above and expect live photos soon. Related Video: Chevrolet Trucks Back in Black for 2016 New Midnight Special Editions available on Silverado 1500 Z71, Colorado Z71 DETROIT – Chevrolet is expanding the popular Midnight Special Edition with new models available on 2016 Silverado 1500 Z71 and 2016 Colorado Z71. They join a growing portfolio of special-edition trucks whose popularity helped Chevrolet truck sales increase 27 percent last year – double the increase for the total truck market. "We introduced several special-edition trucks in 2015 – each combining equipment and appearance packages designed for specific enthusiasts in mind," said Sandor Piszar, Chevrolet truck marketing director. "They clearly resonated with buyers, as the special editions sold in one-third the time, and to younger, more affluent buyers than the industry average. "The Silverado 1500 Midnight was by far the most popular model in 2015," Piszar continued, "as demand outstripped supply in a matter of months.