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Posts with tag gm-hybrid-suv-pricing

Sales of GM hybrids almost non-existent in first quarter

Filed under: Hybrid, GM



I missed covering this tidbit of information last week while I was traipsing through Europe, but some interesting information emerged when GM released their March sale results. GM has been making an awful lot of noise about their two-mode hybrid system with lots of announcements about all the vehicles the system will be installed in. What they aren't bragging much about is sales. That's because there isn't much to brag about. In fact it appears that the sum total of hybrid sales for all models offered by GM in the first three months of 2008 was 843. That is not a typo, it's 843. Unlike other manufacturers, GM has never broken out sales of hybrid models from conventional versions. Perhaps this is why.

During the same period Ford moved 5,225 Escape and Mariner Hybrids and Toyota sold...well let's just say Toyota sold a whole lot more than that. While GM has made plenty of auto show announcements about hybrids and they run lots of print and TV ads promoting their green-ness, they haven't really done a lot to promote hybrids on the lot. Perhaps they don't actually want to sell that many because the cost is so much higher and they don't want to lose all that money. Or perhaps customers just don't really want a hybrid full-size truck. Perhaps, as Troy Clarke told us at the Chicago Auto Show, they were holding them back for captured fleet testing until they were sure everything was right. Have any of you readers actually tried to find a hybrid at a dealership or tried to buy one? Let us know about your experience.

[Source: The Truth About Cars]

GM finally announces pricing for Two-Mode Hybrid SUVs: $50,490 - $53,775

Filed under: Hybrid, Chevrolet, GM, GMC



Previous rumors that GM might price their new Two-Mode hybrid SUVs in the low $40K region to grab market share have proven untrue as the company has finally revealed the pricing. The rear-wheel-drive Tahoe will weigh in at a base price of $50,490 with the four wheel drive GMC Yukon topping out at $53,775 with all prices including a $900 destination charge. Without knowing exactly what equipment is included on the hybrid models, it's hard to say exactly what the hybrid premium on these SUVs will be, although a rough guess would put it at roughly $3,000-4,000 over a similarly equipped 5.3L version. Once available tax credits are factored in though, that price gap will narrow considerably.

[Source: General Motors]

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