Tag: midsize

Report: Chevy Colorado, GMC Canyon midsize pickup trucks to get diesel engines

Filed under: Truck, Chevrolet, GM, GMC, Diesel

Chevy Colorado, GMC Canyon teaser

The market for midsize pickup trucks has all but been abandoned in the US, but General Motors is about to shake the market up with the all-new (to the US) Chevrolet Colorado and GMC Canyon. Launching next year, GM already told us that its new trucks would be a “fuel-efficient alternative” to fullsize trucks, and aside from the smaller size, Automotive News says that these trucks will accomplish this with a diesel engine.

According to the AN report, the next-gen Colorado and Canyon will offer a small, four-cylinder Duramax turbo diesel with a displacement of either 2.5 or 2.8 liters – both engines are currently used in this truck for other markets. This would allow GM to join the Cummins-powered Nissan Titan and Ram 1500 EcoDiesel as the only non-HD trucks in the US to offer diesel. The article goes on to say that the diesel versions of the Colorado and Canyon would launch about a year after the trucks go into production in fall of 2014.

Chevy Colorado, GMC Canyon midsize pickup trucks to get diesel engines originally appeared on Autoblog on Tue, 27 Aug 2013 18:59:00 EST. Please see our terms for use of feeds.

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Official: GM investing $167m in Spring Hill for new midsize vehicles

Filed under: Plants/Manufacturing, Buick, GM, Earnings/Financials, UAW/Unions

General Motors' Spring Hill Assembly

General Motors has announced a large investment in its Spring Hill, Tennessee facility. The former home of Saturn production will be getting a $167 million addition to a previously announced $183 million, to cover a pair of new midsize vehicles. The investment is expected to create 1,800 jobs at the factory.

That $350 million is being divvied up for a pair of programs at Spring Hill. The first will take the bulk of the money ($223 million) and create 1,000 of the 1,800 jobs, while the other will take the remaining $127 million and generate the leftover 800 positions. But GM says the investment will cover “midsize vehicle programs.” So what could they be?

The leading candidate in our minds is a new crossover for Buick, called the Anthem, that will slot between the Encore and Enclave, but will be slightly smaller than the Equinox and Terrain. As we’ve explained, the new model will likely be the first product to sport GM’s new D2UX platform, which will eventually replace both the Delta and Theta platforms. Spring Hill is already building the Equinox, so there could be some credence to this theory.

As for the other project, well, that one is a bit more of a mystery. It seems unlikely that GM would earmark two separate funds for “midsize vehicles” only to build a pair of crossovers. Could there be a D2UX car in the works? Hopefully, we’ll find out soon.

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GM investing $167m in Spring Hill for new midsize vehicles originally appeared on Autoblog on Tue, 06 Aug 2013 18:59:00 EST. Please see our terms for use of feeds.

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Study: Lack of new midsize pickup models driving strong resale values for older models

Filed under: Car Buying, Truck, Chevrolet, Nissan, Toyota

2012 Nissan Frontier

According to a new study by Black Book, the fact that there are fewer mid-sized pickup truck options on the market is driving up the retail cost of used models. During the month of June, used vehicles from model years 2007-2011 depreciated an average of 1.3 percent across the board, but midsize pickups of the same year saw their value decrease by just 0.7 percent on average. Look across the past year, and the market as a whole saw those cars depreciate by 13.7 percent while midsize pickups saw their value decline by a mere 5.1 percent.

Ricky Beggs, senior vice president and Managing Editor with Black Book, says midsize pickups are holding their value better than other products on the market due to the fact that there are so few brand-new options available. Currently, only Chevrolet, Nissan and Toyota offer midsize pickup trucks. Honda has a player in the game in the form of the Ridgeline, which is a sort of cross between a traditional pickup and a crossover, and the discontinued Ford Ranger falls into a smaller size class that no longer exists in the US.

What’s all this mean to you? If you happen to have a set of keys to midsize pickup in your pocket, you’ve made a good investment. Don’t expect to see the machine depreciate as quickly as other vehicles on the road. Conversely, if you’re in the market, expect to pay a bit more than you might have expected for a non-fullsize pickup truck. Scroll down for the press release from Black Book.

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Lack of new midsize pickup models driving strong resale values for older models originally appeared on Autoblog on Thu, 27 Jun 2013 08:00:00 EST. Please see our terms for use of feeds.

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