11 Updates
GM Raises the Price of 2014 Silverado and GMC Sierra
Fox Business

GM Raises the Price of 2014 Silverado and GMC Sierra

Oct 15 2013, 1:00pm CDT | by

Price increases despite being outsold by the competition

GM has announced that it has increased the starting price for the Chevrolet Silverado and GMC Sierra trucks. Prices have increased by up to $1500 according to GM. However, Chevrolet will offer as...

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1 year ago

GM Raises the Price of 2014 Silverado and GMC Sierra

Oct 15 2013, 1:00pm CDT | by

Price increases despite being outsold by the competition

GM has announced that it has increased the starting price for the Chevrolet Silverado and GMC Sierra trucks. Prices have increased by up to $1500 according to GM. However, Chevrolet will offer as much as $1500 in cash back incentives to offset the price increase until the end of October.

“The launches of the 2014 Silverado and GMC Sierra are hitting their stride and evolving as expected,” GM spokesman Jim Cain said. “With the sell down of the ‘13 models nearly complete, this price adjustment was planned and is a normal part of business. We have the best trucks and they’re the best value in the market.”

It's a bit strange for GM to be increasing the price of its trucks when they have been outsold by the competition recently. Ford has been offering larger rebates as has Dodge on trucks making those models more popular than GM's offerings.

 
Update
11

11 hours ago

GM Financial faces government, state probes over subprime loans, securities

Oct 23 2014 5:33pm CDT | Source: Automotive News

GM Financial disclosed Thursday it is being investigated by 'state attorneys general and other governmental offices' in connection with subprime auto loans and the sale of subprime auto loans in the form of ...
Source: Automotive News   Full article at: Automotive News
 

 
Update
10

14 hours ago

GM Financial profits down despite higher volumes

Oct 23 2014 2:20pm CDT | Source: Automotive News

For the second quarter in a row, net income fell slightly for GM Financial despite sharply higher loan and lease originations. The captive finance company today reported net income of $158 million in the third quarter of 20 ...
Source: Automotive News   Full article at: Automotive News
 

 
Update
9

18 hours ago

2015 Nissan Armada

Oct 23 2014 10:26am CDT | Source: The Car Connection

The Nissan Armada is one of the last remaining true full-size SUVs–and its dressed its truck-based chassis with a roomy interior, clad in masculine, imposing sheetmetal. However, it's also one of the oldest big SUVs left on the market, now that the GM trucks have all been redesigned. That doesn't make the Armada any less... ...
Source: The Car Connection   Full article at: The Car Connection
 

 
Update
8

21 hours ago

GM posts $1.38 billion Q3 net income on flat revenue

Oct 23 2014 7:02am CDT | Source: Automotive News

GM's third-quarter net income rose to $1.38 billion, as stronger pricing in North America and record China sales helped offset weak demand in Russi ...
Source: Automotive News   Full article at: Automotive News
 

 
Update
6

1 day ago

Billionaire Dan Gilbert Slams Michigan Governor Rick Snyder Over “Anti-Tesla” Law

Oct 22 2014 11:30am CDT | Source: Car and Driver

Yesterday, Michigan Governor Rick Snyder (above) signed a law that included a last-minute legal tweak that would ban Tesla’s direct-to-customers auto sales model in the Midwestern state. Snyder has been taking a lot of heat for the move–including from Detroit billionaire Dan Gilbert, who took advantage of his stint guest-hosting this morning’s Squawk Box on CNBC to blast the governor’s decision to support the legislation crammed in by Michigan’ ...
Source: Car and Driver   Full article at: Car and Driver
 

 
Update
5

2 days ago

GM supports bill banning Tesla direct sales in Michigan

Oct 21 2014 2:35pm CDT | Source: Driving Canada

According to this report by Jalopnik, GM wasn’t about to let people buy Teslas in Michigan without a fight. Tesla is unlike most automakers in that you can buy a Tesla directly from the manufacturer, without the need for a dealer. You simply pick the one you like, pay the price without any haggling, and your car is delivered to your door. You can even buy a Tesla over the phone. Naturally, this seems like a more desirable option than haggling with a dealer for hours, ...
Source: Driving Canada   Full article at: Driving Canada
 

 
Update
4

3 days ago

Bringing Pony Back: 2015 Ford Mustang Recalled

Oct 20 2014 1:55pm CDT | Source: Car and Driver

Continuing the recall parade that’s marked this automotive year—including dozens of GM recalls, the Takata airbag fiasco, and many more—Ford has issued an action for the brand-spankin’-new 2015 Mustang. The good news (if there can be any concerning a recall) is that just 50 ponies the U.S. and three in Canada are affected by the issue, which concerns the passenger seatbelt. The manufacturer says the Mustangs in question may have a problem with the passenger-side safety-belt tension sen ...
Source: Car and Driver   Full article at: Car and Driver
 

 
Update
3

3 days ago

NHTSA urges owners of recalled Takata airbag vehicles to take immediate action

Oct 20 2014 12:46pm CDT | Source: Autoblog

Filed under: Recalls, Safety, Acura, BMW, Buick, Cadillac, Chevrolet, GM, GMC, Honda, Infiniti, Lexus, Mazda, Nissan, Pontiac, Toyota The National Highway Traffic Safety Administration and the Department of Transportation are taking the unusual step of issuing a followup press release urging owners of certain recalled vehicles "to act immediately" to fix their cars and trucks. The problem in question concerns the repair campaigns for rupturing Takata ai ...
Source: Autoblog   Full article at: Autoblog
 

 
Update
2

3 days ago

Recall Alert: 2002-2005 Lexus, Toyota and Pontiac Cars, Pickup Trucks, SUVs

Oct 20 2014 10:31am CDT | Source: Cars.com

Vehicles Affected: Nearly 250,000 model-year 2002-05 Lexus SC luxury coupes and Toyota Sequoia SUVs, and 2003-05 Tundra pickup trucks, Corolla sedans and Matrix hatchbacks, and Pontiac Vibe hatchbacks, all originally sold or currently registered in high-humidity areas of southern Florida, along the Gulf Coast, Puerto Rico, Hawaii, the U.S. Virgin Islands, Guam, Saipan and American Samoa The Problem: The front passenger airbag inflators are susceptible to rupture in a crash, necessitat ...
Source: Cars.com   Full article at: Cars.com
 

 
Update
1

3 days ago

Deaths linked to GM ignition-switch defect rise to 29

Oct 20 2014 10:25am CDT | Source: Automotive News

The program to compensate victims of a faulty ignition switch in GM vehicles has approved two new death claims, bringing the total number of deaths linked so far to the switch to 29, according to a report released on Monday by ...
Source: Automotive News   Full article at: Automotive News
 

 

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Shane is a self described car aficionado. He loves muscle cars, but also knows how green cars work. He has years of experience in testing cars and writes about cars with deeply felt emotions.

 

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