2005 15 Passenger Chevy Express Van! (k43281) on 2040-cars

Auto blog

GM invests $24 million to build more crew cab trucks in Fort Wayne

The full-size pickup truck arms race continues unabated here in the United States as Ford, General Motors and Fiat Chrysler battle back and forth for sales supremacy. The Ford F-Series of trucks continues to lead the field in sales (214,611 units sold through the first quarter of 2019), but the race for second place has been a lot more interesting to watch. That's because Ram, long a distant third in truck sales, eked its way past Chevrolet late in 2018 and has managed to hold the position so far in 2019. Don't take this to mean that sales of GM's trucks have been poor across the board. In fact, the automaker reports that sales of its four-door crew cab pickups are up 20 percent in 2019 over the same period a year ago. And that's what makes GM's announcement today so interesting. The automaker is investing $24 million into its assembly plant in Fort Wayne, Indiana to build more Chevy Silverado and GMC Sierra pickup trucks, and the focus will continue to be on crew cab models. "We are building Chevrolet and GMC crew cab pickups at record volume and mix levels to meet customer demand and the $24 million investment will allow us to build even more," said GM chief Mary Barra in a statement. "Crew cab sales have been very strong, and we are expanding customer choice with new models, more cab choices and innovative new powertrains." It's worth noting that, if crew cab sales are up 20% this year, but overall sales are down (over 15% for Silverado and around 2% for GMC), that means it's the cheaper regular cab and double cab models that are lagging. At the same time, sales of the midsize Chevy Colorado have surged 16%. And finally, if you combine sales of the Silverado and Sierra into one bucket, GM still has a comfortable lead over Ram overall. If there's a takeaway here, it's that trucks of all shapes and sizes have been, currently are and will surely remain hot in America, and automakers will continue to invest money into making sure they are able to satiate consumer demand.

Camo'd Chevy Camaro ZL1 is one bad boy

Thanks to a fresh gallery of spy shots, we're getting a much better look at the next Chevrolet Camaro ZL1 during its development, and this machine is looking seriously mean. Unlike the last photos, the heavy cladding is gone from the body this time and is replaced by a camouflage wrap. That switch makes checking out the details a whole lot easier. The first thing you'll notice at the front is the massive grille that looks ready to devour anything that gets in the way. To add a little more menace, the lower air dam appears to jut out a bit more, as well. While harder to see in these latest shots, our spies say the hood still boasts an extractor similar to what's found on the Cadillac CTS-V. The big, double spoke wheels look great in black and really dominate the styling in profile. Look past them, and you notice some tweaked side sills, as well. At the very back, you can also spot some styling adjustments to the rear bumper. There's an unmissable wing back there, too. The powerplant for the ZL1 is still a mystery, but it's rumored to use the LT4 6.2-liter supercharged V8. The similar hood design as the CTS-V is one piece of evidence to support that. Even with the same engine, Chevy's engineers could tweak the output higher or lower than the Caddy. The wait to find out isn't too long because the ZL1 is anticipated to launch for the 2017 model year. Related Video:

New auto loans could soon extend out to 84 months

Cars and trucks are more expensive than ever before. In order to boost sales and help consumers afford new vehicles, automakers are offering longer and longer terms for auto loans. This past week, Bloomberg reported that FCA's Ram Trucks division is currently offering the longest loans. Some stretch to 73 months. Jeep, Fiat and Chevy aren't far behind. More noteworthy is that we'll likely soon see lenders moving from 73-month to 84-month loans. That's seven years worth of interest. More than two-thirds of US auto sales come from light trucks like the Ford F-150, Chevy Silverado and Ram 1500. The average transaction price of a new vehicle is well over $30,000. It's not difficult to spec out a heavily-optioned truck up to $60,000. Vehicles depreciate from the moment they roll off a dealer lot, and these six or seven-year loans could hurt consumers and lenders both in the long run. The U.S. Senate voted last week to kill rules that would prevent discriminatory auto lending. These Obama-era guidelines were meant to curtail lenders who offered higher loans based on race, religion, sex or national origin. Related Video: News Source: Bloomberg Chevrolet Fiat RAM Car Buying car loan car values