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Deep discounts — $12K, $13K, $16K — are fueling a pickup price war

Heavy discounts of up to $16,000 per vehicle are fueling a "truck war" among full-size pickups sold in the United States by the Detroit Three, a Reuters analysis shows. Strong U.S. sales this year of the highly profitable big trucks have helped offset lagging passenger car sales. But it is not clear how much of the truck demand is linked directly to ample factory incentives and dealer discounts, or how far sales might decline without those subsidies. A Reuters survey of Ford, General Motors Co's Chevrolet and Fiat Chrysler Automobiles's Ram truck dealers across the United States indicates stores are offering deep discounts the country's bestselling full-size pickup trucks. "The walls are not crashing down on full-size trucks," said Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions in Chester Springs, Pennsylvania. Detroit-based automakers want to keep cranking out their high-margin trucks, he added, and "giving up a little of the profit is the cheapest way to do it." Stores are offering discounts of up to $12,000 on the 2018 Ford F-150, which remains the best-selling vehicle in the country, recording more than 80,000 sales in May. Discounts run up to $13,000 on the 2018 Chevrolet Silverado and as high as $16,000 on the Ram 1500. Average transaction prices for full-size pick-ups range from around $42,000 to $45,000, industry analysts and automakers say. All three companies are spending furiously - GM and Fiat Chrysler to help sell off carryover 2018 trucks to prepare for redesigned 2019 models, and Ford to sustain its long-held sales crown. A supplier fire that temporarily shut down production of the F-150 last month "changed the game," said Jeff Schuster, senior vice president of forecasting at LMC Automotive in Troy, Michigan said. The supply halt nudged Ford's crosstown rivals "to ratchet up incentives on the current models to go after weakness at Ford," he said. Deals advertised on the companies' official websites range from rebates and low-interest loans to ultra-cheap lease rates, but they are not telling the whole story. Ford, for instance, advertises a $2,000 rebate and a $500 financing credit on sales of certain F-150 models. But James Collins Ford in Louisville, Kentucky, is offering discounts of up to $12,215 on the 2018 F-150 XLT SuperCrew 4x4. The price cuts are even steeper at a number of GM and Fiat Chrysler dealers. Quirk Chevrolet is selling the 2018 Silverado 1500 Double Cab at $13,000 off sticker.

2024 GMC Acadia First Drive Review: Big on character

BLUFFTON, S.C. — The 2024 GMC Acadia is a revamped take on the brandÂ’s popular three-row SUV. ItÂ’s quite a bit bigger than the outgoing model, with 8.4 more inches of wheelbase and 10.6 extra inches of overall length. ThatÂ’s a huge boon to cargo space (up 80%), while also adding 27% to second-row legroom. Its new looks align more closely now with the GMC Sierra pickup, granting it a brawnier personality. While itÂ’s in many ways quite similar to the updated 2024 Chevrolet Traverse, (including in size, now) GMC did an admirable amount of design work to differentiate the Acadia from its close relative. The tall, truck-like grille gives the Acadia more presence than before, and the C-shaped LED headlights add character. Along the side, the chunky C-pillar is hidden from sight, while the D-pillar is expanded. This provides a better view for third-row passengers, and has the added benefit of obscuring the cargo area from onlookers. Around back, we see more LED lighting, as well as quad exhaust tips GMC said were inspired by the C8 Chevy Corvette, complete with their squarish shape. The overall look is more truckish, but it still has a sporty slant. Under the skin, much is shared with its Chevy platform-mate. It sports the same new 2.5-liter turbo four producing 328 horsepower and 326 pound-feet of torque and shifts via an eight-speed automatic transmission. The engine employs the same “ePhaser” to adjust the camshaft on the fly to advance and delay the spark according to power and efficiency needs. And just like the Traverse, the front-wheel-drive Acadia gets 20 miles per gallon city, 27 mpg highway and 23 mpg combined, or 19/24/21 mpg with all-wheel drive. In addition to the base Elevation trim ($43,995 including destination, with AWD costing another $2,000), the Acadia boasts the more luxurious Denali trim ($55,695 for FWD and $57,695 for AWD), as well as the off-road-ready AT4 trim ($51,395 with AWD standard). WeÂ’ll have to wait to evaluate the feature content in the Elevation, but the Denali and AT4 were on hand for us to evaluate in South Carolina. Our first stint in the Acadia was in the Denali. Getting inside, itÂ’s immediately noticeable that the AcadiaÂ’s interior is a big step up over that of the Traverse. Up front, the centerpiece is the tech interface standard on all Acadia trims: a portrait-oriented 15-inch infotainment screen running Google Built-In, as well as an 11-inch driver display.

Hertz and GM team up to put 175,000 rental EVs on the road

Hertz and General Motors have announced a significant partnership that will send up to 175,000 electric vehicles into rental fleets across the country. The deal will unfold over the next five years and include vehicles from all GM brands.   The partnership will run through 2027. Hertz estimates that the electric fleet can save as many as 8 billion gasoline-powered miles, removing 1.8 million metric tons of carbon dioxide-equivalent emissions from the air. Hertz says it will invest in becoming the largest renter of EVs in North America and notes that it already has tens of thousands available at 500 locations in 38 states. By the end of 2024, it plans to electrify a quarter of its fleet. Electric rental cars are a great way for travelers wanting to avoid gas, and they make excellent urban commuter cars. Hertz will also likely save a few dollars by avoiding oil changes and other routine maintenance that gas engines need. However, a hidden societal benefit of this deal may come when Hertz’s EV rental customers begin shopping for new cars. Many people are skeptical of EVs for various reasons, including range, charging, ease of operation, and cost. Giving people a low-risk introduction to EVs and the ability to test-drive one without a pressuring salesperson could drive more people to electrics. At the same time, there's also the risk that renters wanting to take their Hertz-GM EV on a road trip into sparsely populated areas may return with charging and range-related horror stories. Hertz currently doesnÂ’t ask what youÂ’re planning to do with your rental, but it does offer a chat service for questions, and range information is presented clearly on each vehicle. Related video: 2023 Cadillac Lyriq walkaround