2022 Gmc Yukon Denali on 2040-cars

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GM program sees dealers taking on way more loaner cars

Given the volume of vehicles we're talking about, this is a significant development for GM's bottom line. Bring your car into the dealership for service, and you may need a loaner car in exchange. And with so many recalls being carried out, that means a lot of loaners – especially at General Motors dealerships. That could be one of the reasons why GM is massively expanding its loaner fleet program. While many Chevrolet and Buick-GMC dealerships have an on-site rental car location operated by a third party like Enterprise (which may or may not provide a GM vehicle), others manage their own loaner fleets. But while the range of dealerships operating such fleets was once small, reports Automotive News, the number has been growing rapidly: from the locations responsible for only 20 percent of those brands' sales two years ago to about 90 percent today. The impetus for that growth comes down to a massive expansion of GM's Courtesy Transportation Program. The initiative encourages dealers to ramp up their loaner fleet to a maximum size determined by GM, with a mix determined by the dealer itself, so that a showroom in Texas can be bolstered with a fleet of pickup trucks and a dealer in California can employ more Volt and Camaro Convertible loaners. The dealership gets a $500 credit for each vehicle its puts in its fleet, and can use those vehicles as loaners for service customers, as multi-day test drivers or to rent out separately. The vehicles remain in the dealer's fleet for 90 days or 7,500 miles, then they can be sold as used, but with new-car incentives. The dealer gets a fleet of loaners, customers get to use the loaners, try out a new car overnight or buy a barely used car with attractive incentives, and GM gets to clock more sales. But therein lies the kicker: the automaker counts the dispatch of the loaner new vehicle to the dealership as a new-car sale, which could end up distorting its sales figures. Counting loaner vehicles as sold vehicles is something of an industry-standard practice, but given the volume of vehicles we're talking about, this is a significant development for GM's bottom line. One dealership - Paddock Chevrolet in Kenmore, NY, for example - had no loaner fleet two years ago, but now runs a fleet of 50 vehicles. Multiply that by the 4,000 or so dealers GM has across America and you're talking about the potential for hundreds of thousands of these sorts of sales.

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 Canyon Review: Ready for the trail, happy on the commute

Pros: Stellar exterior styling for all trims; punchy powertrain; outstanding AT4X off-road trims; great tech and interior amenities Cons: Only one cab/bed combination; gets expensive quick; firm ride for most trims The 2024 GMC Canyon is an excellent midsize pickup. So is the Chevrolet Colorado, its bowtie-branded twin, though with the new generation, the Canyon does a better job than ever of differentiating itself. It starts with the styling where GMC offers a pick-your-own-adventure amongst the various trims. You can go classy and upscale with a Denali or rugged and mean with the AT4. Off-road junkies can find all they might want in the Canyon lineup now, too, as the AT4X is basically the Colorado ZR2’s doppelganger, enjoying its magical Multimatic dampers for outstanding performance no matter the surface. And if you want even more extreme, thereÂ’s the AT4X AEV Edition. The turbocharged four-cylinder powertrain is more than potent with its 430 pound-feet of torque, and unlike the Colorado that offers various output levels, the Canyon only comes in the highest power spec no matter the trim level. The one downside to the Canyon is its high price, but at least it backs that price up with tech and capability. In fact, the Canyon and Colorado are so good that theyÂ’ve instantly become some of our favorite pickups, regardless of size or segment. Needless to say, then, GMCÂ’s version stacks up very well within its actual segment, leading us to prefer it over stalwarts like the Ford Ranger and Nissan Frontier. It might not have an efficiency answer to the Toyota TacomaÂ’s new hybrid variant, but the Canyon is about as good as it gets for the midsize truck segment in 2024. Interior & Technology   |   Passenger & Cargo Space   |   Performance & Fuel Economy What it's like to drive   |   Pricing & Trim Levels   |   Crash Ratings & Safety Features What's new for 2024? The GMC Canyon was all-new for 2023, so there arenÂ’t many changes for the truck in 2024. GMC did add a new model for the new year with the AT4X AEV Edition that improves off-road performance beyond the already impressive AT4X. You can find our first drive review of the AEV Edition here. Beyond the introduction of the AEV model, GMC makes the 11-inch digital instrument cluster standard across all trims – it was previously only installed on the Denali and AT4X. Other trims had an 8-inch version. What are the CanyonÂ’s interior and in-car technology like?