AutoGuide News Blog
The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
Small Cars: Chevrolet Sonic
Interested in buying a domestic vehicle but want to make sure it’s as reliable as can be? AutoGuide has compiled a list of the most reliable vehicle in its respective segment based on Consumer Reports’ 2013 predicted reliability results from the 2013 Annual Auto Survey.
You’ve probably heard of Costco members getting incentives to buy new vehicles at dealers on your local radio. However, one automaker; General Motors is taking things a step further, teaming up with the wholesale giant to sell select Chevy/GMC pickups and SUVs through a number of authorized retailers for a no haggle “preferred price.”
In addition, eligible buyers will also receive a $500 Costco Cash Card for further savings on the price of a new truck. As part of the program, GM will display vehicles at Costco outlets across the country, which according to a company spokesman for the General; Jim Cain, enables the automaker to “reach people in a unique setting outside of a dealership.”
The “preferred” price actually varies from vehicle to vehicle, though according to Cain, will be similar to incentives offered to employees of GM suppliers, who currently receive discounts on new cars and trucks.
Eligible vehicles in the Costco program include the 2011/2012 Chevy Silverado, Tahoe and Surburan as well as the Traverse, plus their GMC equivalents, Sierra; Yukon, Yukon XL and Acadia.
In order to participate, Costco members have to register online with the Costco Auto Program or call a special phone number. They must also complete surveys and redemption forms after purchasing a vehicle in order to receive the $500 Cash Card.
[Source: Automotive News]
GM’s big SUVs harken back to an era of conspicuous consumption, when $2-a gallon gas and a lingering nostalgia of 15-foot-long American cars flooded the industry. But if the Volt is any indicator, the era of big, cheap Suburbans and Tahoes might finally come to an end with next generation trucks.
To meet new fuel economy regulations, General Motors will add a price premium to its line of full-size SUVs. Currently, the Chevrolet Suburban and Tahoe get a combined average of 17-mpg. But new CAFE regulations will force GM to reach a company-wide average of 35.5-mpg by 2016, and there’s no time to waste.
As a result, GM’s next generation of full-size SUVs “will be more expensive to engineer and build because of the need for lighter weight materials,” said Tracy Handler, an analyst at IHS Automotive. “I expect prices to be higher.”
Sales of full-size SUVs have sunk like, well, a full-size SUV into a lake. From a high of over 1 million units in 2003 and 2004, sales of the Suburban, Escalade, Toyota Sequoia, Lincoln Navigator, and others dropped to 372,437 vehicles. There have been prior doubts to whether this would be the last time these squirrel crushing, deer smacking, driving machines would live to see next year, but GM is still committed to introducing them in 2013 as 2014 models: it is investing over $300 million in its Arlington, Texas plant for the next Suburban, Tahoe, GMC Yukon and Cadillac Escalade.
“We have customers who need full-sized SUVs for work and play,” Chevrolet spokesman Mike Albano said. “We will continue to provide a vehicle in that segment.”
[Source: Automotive News]
General Motors’ T800 series of full-size pickup trucks and SUVs, with specific reference to 1999-03 models of Chevy Silverado, Avalance, Suburban and Tahoe, as well as their GMC counterparts, Sierra and Yukon, have been subjected to an investigation regarding rusted brake lines.
The National Highway Traffic Safety Administration (NHTSA), in a filling posted last week, has said it has upgraded its original investigation to an ‘engineering analysis’ covering the affected vehicles, following concerns regarding its preliminary findings.
Said findings included no fewer than 26 separate complaints of brake line corrosion which have resulted in vehicle accidents since the agency first began looking into the problem last year.
GM, in a statement last year, said that even if a brake line rusted through, one of these trucks should still be able to stop safely.
In the course of its investigation, NHTSA initially targeted 6 million vehicles, but later reduced this 1.8 million when it decided that only vehicles being driven in rust belt states (where the roads are salted in winter) are adversely affected.
Said states comprise Connecticut, Delaware, Illinois, Indiana, Iowa, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, West Virginia and Wisconsin, as well as the District of Columbia.
Considering NHTSA’s recent spate of recalls, we have to think an official recall notice is coming soon.
[Source: New York Times]
Chevrolet‘s venerable Suburban is celebrating its 75th anniversary with a special edition, but if you want to let your neighbors know that you went to the trouble of getting one of 2,200 special editions made by Chevrolet, you may run into some problems.
It turns out that the special ““Suburban Diamond Edition 75 Years” badges have problems with “peeling/corroding”. In other words, the badges you pay big money for won’t even stick to the damn car. GM hasn’t announced a fix for the problem yet, but for those who are really desperate, there’s always double sided tape.
[Source: New York Times]
When the recession was upon us, it seemed like everyone was making the shopping shift from new to used cars. But now that things are starting to ease up, the prices on used cars have gone up as well.
According to Edmunds.com, used-car prices have increased, especially with larger vehicles such as Cadillac Escalades or Dodge Grand Caravans rising more than 30 percent. Sure, that’s a lot, but it’s still better that the used-car prices we were seeing last spring.
Last month, the average price in the U.S. for a used three-year-old vehicle was $19,248, up $1,800, or 10.3 percent, from the same month last year.
“Consumers are generally paying considerably more for used cars this year compared to 2009,” stated Joe Spina, a senior analyst for Edmunds.com. “A lack of confidence in the economy is driving more people to used cars, putting upward pricing pressure on a limited supply of vehicles.”
In a single year, a used Cadillac Escalade averaged $34,715 last month – that’s a 35.6 percent increase. As well, the Chevrolet Suburban, Dodge Grand Caravan and BMW X5 price rose past 30 percent.
[Source: USA Today]