Common Motors unveils new high-end GMC Sierra Denali and AT4X pickups

DETROIT – General Motors launches two new high-end GMC Sierra 1500 pickups, including one called Denali Ultimate, which will start at more than $ 80,000 – making it the most expensive half-ton full-size pickup on the market.

The new models aim to build on Sierra’s already high profit margins and average transaction prices, which stand at $ 53,342. That includes $ 61,695 for the current Denali 1500 pickup truck, which starts at around $ 57,700.

The other new pickup is the AT4X, a more luxurious and all-terrain pickup than the current AT4. of the brand, from $ 74,995. It has many but not all of the technical improvements like the Denali Ultimate with off-road parts and accessories. It also has less chrome on the outside and opts for more darkened features and tires.

2022 GMC Sierra 1500 Denali Ultimate

GM

“There is an opportunity to add even more luxury and even more capabilities. We believe there is a market for it. There are people willing to pay an even higher price, ”said Duncan Aldred, GMC’s global director, during an interview earlier this year.

The new models are part of an updated range of full-size pickups for the 2022 model year that includes a refreshed exterior and a redesigned, more technologically advanced interior on most models. The trucks will debut online Thursday night and during an ad on Thursday Night Football between the Denver Broncos and Cleveland Browns.

The updated models offer a digital display greater than 40 inches diagonally, including a new 13.4 inch diagonal color touch screen, a 12.3 inch digital instrument for the driver and a 15 inch head up displays. Both the AT4X and Denali Ultimate have a standard 6.2-liter V-8 engine that delivers 420 horsepower and 460 foot-pounds of torque.

2022 GMC Sierra 1500 AT4X

GM

While the GMC Sierra shares its bones the Chevrolet Silverado, The automaker has specifically differentiated both the pickups and the brands in recent years. The differentiation has allowed GM to continue to bring the GMC brand to market, although many of the vehicles share platforms and features with Chevrolet vehicles.

According to GM, the vehicles should go on sale in the spring of next year. The automaker is accepting refundable reservation deposits of $ 100 on GMC’s website for the Sierra 2022 models.

Starting prices for the 2022 GMC Sierra range range from $ 32,495 for a work-oriented pickup to $ 80,395 for the Denali Ultimate. The price includes a mandatory target fee of $ 1,695.

GMC isn’t the first to offer a truck with a starting price of more than $ 80,000. Ford engine offers a handful of pickups above this price point, but they’re bigger super duty trucks than the GMC Sierra 1500.

Denali Ultimate

GM executives have Denali as one of its leaders Profit gems for many years. It started as a small trim on the Yukon SUV in 1999, but has expanded to include every vehicle of the brand in recent years.

The Sierra Denali Ultimate is a fully loaded vehicle equipped with GM’s Super Cruise hands-free freeway driving system, which will be expanded upon the company’s announcement 22 models by 2023. The technology will be available on the regular Denali, but not by default.

The 2022 GMC Sierra 1500 Denali Ultimate features GM’s Super Cruise hands-free highway driving system.

GM

“The very first Sierra Denali Ultimate Trim is the most advanced and luxurious pickup in its class and takes the popular Denali sub-brand to an even higher threshold for capable luxury,” GM said in a press release on Thursday.

Other features include a pickup bed made of carbon fiber composite, high-quality suspension and driving components, massive 22-inch wheels, full-grain leather interior and open-pore Paldao wood paneling in the interior.

AT4X

GM calls the AT4X a “balanced design that offers advanced off-road capability” without sacrificing comfort on the road.

Like many other automakers, GMC wants to benefit from increasing sales of SUVs and the demand for all-terrain vehicles. The looks and characteristics of such vehicles have become more popular with mainstream consumers in recent years.

2022 GMC Sierra 1500 AT4X

GM

The vehicle has an upgraded suspension system and other off-road parts and accessories like a two-speed transfer case for rock crawling.

GM’s Chevrolet brand also launched a new off-road model for the last month Silverado 1500 is called ZR2.

Correction: The new 2022 GMC Sierra pickups with V-8 engines produce 460 foot-pounds of torque. In an earlier version, the number was incorrectly specified.

Excessive-end retail shares present indicators of extra upside

Pedestrians pass outside a Nordstrom Inc. store in the Midtown neighborhood of New York on March 20, 2020.

Gabby Jones | Bloomberg | Getty Images

High-end retail stocks have rallied in recent months and recent trading activity could signal more upside potential on the horizon, CNBC’s Jim Cramer said Tuesday.

“The non-essential high-end retailers are already active, but the charts interpreted by Bob Lang suggest so Capri Holdings, tapestry, LVMH and Nordstrom could all have more advantages here, yes, thanks to the stimulus checks, “the”Bad money“Host said.

Lang, the founder of ExplosiveOptions.net and a contributor to TheStreet.com, is a trusted technician that Cramer relies on for research into the market.

Cramer noted that last year was the largest period of retail failure in history as coronavirus bans and restrictions weighed on the brick and mortar retail landscape.

As the US conducts its Covid-19 vaccination campaign and approaches a full economic reopening, those companies that have survived the damage could benefit from another round of aid spending that includes a third distribution of direct payments to most Americans.

“This whole group ran out of gas a few weeks ago, then Congress agreed to pump in $ 2 trillion [the economy] and now they look higher on another leg, “said Cramer.

Capri Holdings

“Lang believes this is the kind of stock that gets overbought, but instead of being scared, he says it will stay overbought,” Cramer said, “which means he sees it could revisit old highs . “

tapestry

  • Parents of Coach, Kate Spade and Stuart Weitzman
  • The stock is up 51% in the past three months and is within the dollar of its 52-week high
  • The moving average convergence divergence (MACD), a trend momentum indicator, has recently achieved a bullish crossover
  • Chaikin The flow of money is strong

“When the stock fell back to its 50-day moving average in January, this was your chance [to buy it] … Lang thinks Tapestry is a quiet leader with more room to run, “said Cramer.” He’s more optimistic about Tapestry than I am. “

LVMH

  • Parents of Louis Vuitton, Hennessy and Christian Dior
  • The stock is up 8.25% over the past three months, hitting its most recent high
  • Has spent months trading sideways which has created a tortuous springtime situation that tends to lead to an uptrend
  • MACD has made a bullish crossover, institutional investors are buying

“Lang is betting that the big boys aren’t done yet,” said Cramer.

Nordstrom

  • The stock is up 45% over the past three months
  • The 50-day simple moving average crossed the 200-day moving average in December, a bullish signal
  • The bullish crossover is known as the “golden cross”.

“Lang indicates that the MACD is flashing a buy signal, and it doesn’t hurt that the last quarter was spectacularly better than expected,” said Cramer. “Lang’s bet it could take a run at its peak in 2018, up about a 50% increase from here.”