GM unveils electrical Hummer SUV topping $110,000

The 2024 GMC Hummer EV SUV and the 2022 GMC Hummer EV Sport Utility Truck or SUT.

GM

DETROIT – General Motors unveiled an all-electric Hummer SUV on Saturday that will exceed $ 110,000 in sales in 2023. The vehicle becomes the stable companion of one upcoming lobster collection It should go on sale in the fall.

“The GMC Hummer EVs should be the most powerful and compelling electric supertrucks ever,” said Duncan Aldred, GMC’s global vice president, in a statement.

The 2024 Hummer EV SUV has the same jaw-dropping torque of up to 11,500 foot-pounds as the pickup truck. However, it’s estimated to be 50 miles less range, 170 horsepower less, and a half a second slower than the pickup’s battery size.

The range of the SUV is estimated at 250 to more than 300 miles, depending on the model. The 0 to 60 mph is as fast as about 3.5 seconds. According to GM, it has up to 830 hp.

The Hummer EV SUV made its debut during an ad narrated by NBA star LeBron James during the NCAA Final Four game between the Baylor Bears and Houston Cougars on CBS.

Pricing

Full price for the SUV ranges from approximately $ 80,000 for a base model to $ 110,595 for a special “Edition 1” starter model with an “Extreme Off-Road Package” available. Prices vary depending on the range, performance and battery size of the vehicle.

GM said it will start producing the highest priced models in early 2023, followed by cheaper versions in spring 2024. The automaker is taking reservations for the vehicle on its website.

The pricing and tiered production are similar to GM’s introduction of the Hummer pickup. The Hummer EV pickup will be available for the first time in the fall Start at $ 112,595 for an “Edition 1” that is sold out. A year later, a version valued at $ 99,995 will be available, followed by models valued at $ 89,995 and $ 79,995 in the springs of 2023 and 2024, respectively.

The exterior of the vehicles looks the same except for the locked back of the SUV compared to the open bed of the pickup. Both feature a new version of Hummer’s traditional slotted grille with “HUMMER” backlighting on the front of the vehicles.

The 2022 Hummer EV features a new version of the vehicle’s traditional slot grill with “HUMMER” light lighting on the front of the truck.

GM

Both also offer a variety of off-road parts and features like adaptive air suspension and “crab mode” This allows all four wheels to turn at the same time, so that the truck can move almost diagonally.

Like the pickup, the SUV is also available GM’s Super Cruise driver assistance system This enables hands-free calling on more than 200,000 miles of restricted-access freeways in the US and Canada.

Revive Lobster

The Hummer and SUV are manufactured at an assembly plant in Detroit. They are the first Hummers since GM discontinued known gas-guzzling versions of the vehicles in 2010.

GM President Mark Reuss previously told CNBC that the Decision to revive lobster for electric vehicles was made after a discussion between him, GM CEO Mary Barra and at least one other executive in early 2019 on redesigning Hummer for a new generation of buyers.

“We just wanted to do it. We saw the opportunity for trucks,” Reuss said during GM’s EV Day earlier this year. “We always wanted to do this with Hummer, but it had so much baggage from the gas eater’s point of view that we turned it upside down.”

The Hummer pickups, which GM calls the Sport Utility Truck or SUT, will be the first vehicle to feature the automaker’s next-generation electric vehicle platform and batteries under one $ 27 billion plan Switch to electric and autonomous vehicles by 2025.

Jeep unveils long-awaited Grand Wagoneer SUV topping $111,000

2022 Jeep Grand Wagoneer

jeep

DETROIT – Jeeps long awaited Grand Wagoneer SUV will continue to propel the quintessential off-road brand into luxury vehicles with a fully loaded model over $ 111,000 when it goes on sale later this year.

The new three-row SUV will test whether Jeep can expand its product range to the market lucrative luxury SUV segment and attract new customers like Cadillac, Lincoln and Land Rover. Jeep has expanded its mainstream SUVs to a full range of vehicles in recent years amid the influx of new competitors.

The Grand Wagoneer will be the premium sibling of a lower-priced SUV called Wagoneer, which starts at $ 57,995. Both vehicles are the same size, but the Grand Wagoneer – starting at $ 86,995 – has a slightly different exterior design, a more powerful engine, and exclusive interiors. Both vehicles are to be presented online on Thursday.

“Wagoneer and Grand Wagoneer are born from Jeep, but their character is different from the rest of the brand,” said Jeep CEO Christian Meunier during a press conference prior to the unveiling. “They are modern and future-oriented. There is pure DNA on which we build to make these products absolutely unique.”

Screens galore

While the exterior of the Grand Wagoneer is unmistakably a jeep, the interior of the SUV may be unrecognizable to current owners. It has screens up to 75 “, including an available 10.25” touchscreen in front of the passenger for streaming video and video Amazon Fire TV and control certain functions like navigation and outside cameras.

2022 Jeep Grand Wagoneer

jeep

The interior of the vehicle is also equipped with high-quality materials such as satined American walnut wood, aluminum and Nappa or Palermo leather seats with leather upholstery.

“You can match this interior of the Grand Wagoneer against anything in the market,” said Jim Morrison, head of Jeep’s North American office. “I’m not just saying any SUVs, you can take that up against anything on the market.”

Overall, compared to the Grand Wagoneer, the Wagoneer has fewer standard functions and high-quality materials. For example, the cheaper Wagoneer offers up to 50 ”screens compared to 75”. Some of the screens are smaller and do not have touch screens for convenience settings. Amazon Fire TV is available as both a passenger touchscreen and a front passenger touchscreen, which is not visible to the driver through a filter.

2022 Jeep Grand Wagoneer

jeep

Jeep said both Wagoneer models will eventually offer hands-free driver assistance systems on “approved roads,” but a spokesman declined to offer additional details. The vehicles are started with a driver assistance system that can control the speed, braking and distance of the vehicle between other vehicles. However, drivers must keep their hands on the steering wheel.

Wagoneer

The Wagoneer and Grand Wagoneer are expected to hit dealerships in the second half of 2021, including a top-end Grand Wagoneer Series III model starting at $ 103,995. Jeep is accepting refundable deposits of $ 500 for both vehicles through the Jeep website starting Thursday.

2022 Jeep Grand Wagoneer

jeep

Jeep dealers must be certified to sell the models. Certification includes training and an undisclosed investment. You have to fulfill 10 “promises” for Wagoneer and Grand Wagoneer owners, ranging from free WiFi and car washes during service visits to a “high-tech and efficient sales and service experience”. The automaker also offers 24-hour customer service to the owners.

“Customer satisfaction with the product and the way they are treated throughout the buying process is paramount to the overall Wagoneer and Grand Wagoneer experience,” said Meunier.

The names Wagoneer and Grand Wagoneer were previously used by Jeep for large SUVs from 1963 to 1991. The company had promised to revive the Wagoneer name for almost a decade in order to better survive in the highly profitable large SUV segment.

The seven- or eight-person vehicles are largely based on a Concept version of the vehicle that the company revealed last year. The concept incorporated similar design elements, as well as many features and screens of the interior. Notable missing elements from the concept include an illuminated grille, an all-glass roof, and a plug-in hybrid petrol electric motor.

V-8 engines

Jeep has announced all of its new models will offer some form of electrification, such as the plug-in hybrid system, but executives declined to comment on the alternative powertrains for the Wagoneer and Grand Wagoneer. Meunier said the brand has “a plan for electrification”.

2022 Jeep Grand Wagoneer

jeep

Jeep’s new parent company, Stellantis – the product of a $ 52 billion merger between automakers Fiat Chrysler and Groupe PSA – plans to offer a range of all-electric or hybrid products Vehicles by 2025.

The Wagoneer comes standard with a 5.7 liter mild hybrid V-8 developing 392 horsepower and 404 foot pounds of torque. The Grand Wagoneer comes standard with the 6.4 liter V8 engine delivering 471 horsepower and 455 foot pounds of torque. Each engine is mated to an eight-speed automatic transmission.

The hybrid engine has a 48-volt battery that offers better fuel consumption and faster acceleration, as well as other benefits.

Jeep has not published any estimates of the vehicles’ fuel consumption.

NRF stated vacation gross sales rose 8.3%, topping estimates

People shop for vacation items at the country store on Main Street in Stockbridge, Massachusetts on December 13, 2020.

Joseph Prezioso | AFP | Getty Images

Retail sales during the holidays rose 8.3% on Friday from 2019, according to the National Retail Federation, as consumers used the gift season as a way to cheer themselves up over the holiday season Covid pandemic.

“Faced with increasing transmission of the virusDue to government restrictions on retailers and heightened political and economic uncertainty, consumers chose gifts that lifted the spirits of their families and friends and conveyed a sense of normalcy in the challenging year, “said Matthew Shay, President and CEO of the National Retail Federation. in a statement.

The large retail group predicted so in November In 2020, Christmas sales would increase between 3.6% and 5.2% year-over-year, which amounts to $ 755.3 billion to $ 766.7 billion. Americans were said to be spending more as they had less travel and dining expenses and were hoping for the Covid vaccine to be distributed.

Christmas sales have increased by an average of 3.5% over the past five years, and they have increased 4% in 2019, the NRF said. The sales exclude car dealerships, gas stations and restaurants.

The pandemic has messed up typical holiday shopping patterns. Many retailers started selling in October and October kept shops closed on Thanksgiving Day. she put more offers online and expanded contactless options like roadside pickup to reduce the number of shoppers cluttered in stores.

Even so, there were some factors that the retailer could not get hold of, such as economic insecurity and unemployment during the recession and fewer gatherings with family and friends.

So far, retailers’ holiday results seem to reflect trends related to pandemics. Lululemonthat has seen strong sales in the sport as people work from home forecasts fourth quarter earnings at the upper end of his expectations because of a strong holiday season. target said comparable sales online and in stores jumped 17% in November and December As vacation shoppers, they flocked to convenient, contactless options like roadside pickup. Still Nordstrom and Urban Outfitters reported disappointing vacation just as many shoppers stayed away from shopping malls.