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GMC has received 65,000 Hummer EV orders so far

The GMC Hummer pickup truck only just went on sale, and already there's word from company brass that demand is higher than expected. According to a report from CNBC, Duncan Aldred, global vice president of GMC, said the automaker has received more than 65,000 combined orders for the current electric truck and upcoming SUV. What's more, the number of customers converting reservations into orders is humming along at 95%, which is also higher than the company projected. "Production’s actually slightly ahead of plan and weÂ’re putting things in place now to actually expedite that as well, so we can deliver these reservations quicker than we originally thought," Aldred said, adding that new orders placed today probably won't result in a delivered vehicle until 2024. "WeÂ’re doing all the studies on that and weÂ’re confident we can go a lot quicker than we originally thought," Aldred said, "But it still means a reservation now probably means delivering in Â’24." The version of the Hummer pickup that's currently being built is the highest-spec Edition 1 model. That truck ran at least $110,295, but since it's already sold out, new customers will be looking at Hummer EV 3X that starts right around the $100,000 mark before any optional equipment is added (and assuming you can find a dealer that won't try to jack up the price). At some unspecified point in the next year or so, GMC will start building a lower-cost Hummer 2X for $89,995. A year or so later, the  $79,995 Hummer EV 2 will make its debut. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Next-gen GMC Terrain teased looking chiseled in AT4 trim

The next-generation GMC Terrain is coming soon, as GMC just dropped its first teaser of the redesigned compact crossover. It makes sense that GMC is re-doing the Terrain now, as its Bowtie-badged equivalent, the Chevrolet Equinox, was just completely redesigned, too. GMC teased the new Terrain in its most rugged AT4 trim, and the look sure is a bold one from this partial front-end view. From the headlights to the upright grille and chiseled hood, this Terrain is looking more Yukon- and truck-like than ever before. Expect the AT4 version seen here to mirror the Equinox Activ trim from an equipment perspective by adding all-terrain tires wrapping smaller-diameter wheels for a legit boost off-road. It may also feature a unique front bumper for improved approach angle. As for the interior, spy photos have shown that it will differ significantly from its Chevy cousin. Those photos show a tall, vertically-oriented screen that takes its cues from the GMC Acadia. There isn’t much in the way of details provided by GMC, but the company does let on that the new Terrain – this will be its third generation – will have a “bolder, more assertive design” throughout the vehicle. Based on the Equinox, we're expecting it to get the same turbocharged 1.5-liter four-cylinder with 175 horsepower and an eight-speed automatic transmission. All-wheel and front-wheel drivetrains will likely be offered as well. A full reveal isnÂ’t planned until “later this year,” leading us to believe this Terrain will be a 2025 model year vehicle just like the Equinox is. ItÂ’s also scheduled to launch after the refreshed Yukon, which GMC says is coming along later this year, too. Related video:

There's an impending shortage of new trucks in America's heartland

URBANDALE, Iowa — Jerry Bill is worried the novel coronavirus could hurt business at the Des Moines auto dealership he runs, but not because of a shortage of buyers for the big Ram pickups on his lot. "Our biggest issue will be if we don't get more inventory," said Bill, general sales manager of Stew Hansen Chrysler Dodge Jeep Ram, which sells around 2,700 new vehicles a year in Urbandale, a suburb of Iowa's capital Des Moines. After a drop in sales in April when consumers stayed home, Bill expects pickup truck sales to end May similar to where they were a year earlier. And if demand remains strong, Bill said he will run out of popular models in June. Fiat Chrysler began slowly restarting Ram truck assembly lines on Monday after a two-month shutdown. The U.S. economy contracted in the first quarter at its sharpest pace since the Great Recession of 2007-2009 because of lockdown measures aimed at slowing the spread of the coronavirus. Economists warn the second quarter will be much worse. Still, far from the lockdowns of states like New York, Michigan or Ohio, dealerships like Stew Hansen have provided FCA and Detroit rivals General Motors and Ford a rare bright spot: strong sales of pickup trucks in America's heartland. Overall U.S. sales of cars and light trucks crashed to the weakest pace in 50 years last month. But sales of big Detroit brand pickups, particularly in southern and western states less affected by the outbreak, significantly outperformed the market, industry executives and analysts said. Pickup trucks are one of the most profitable automotive segments in the world. They account for a huge portion of the Detroit automakers' profits and formed a huge lure for Peugeot, which expects to merge with FCA by early 2021. The pressure is now on to boost pickup truck production and send vehicles to dealers in parts of the country with dwindling supplies. That is particularly true for GM, which is running short of certain truck models after losing 40 days of production to a strike last fall. "If you don't have what someone wants, they can choose to go to another brand," said Cox Automotive analyst Michelle Krebs. 'Easiest swap ever' Detroit automakers in March rolled out large discounts — such as interest-free loans for seven years — to keep vehicles rolling off dealer lots.