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Buick launches VELITE 7 EV and VELITE 6 PHEV in China

Green Car Congress

Buick has strengthened its commitment to electrification in China with the launch of the VELITE 7 electric vehicle and VELITE 6 plug-in hybrid electric vehicle (PHEV). The VELITE 7 is the first all-electric SUV in Buick’s new energy vehicle portfolio, offering 500 kilometers (311 miles) of range on a single charge.

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Staff 1 acquires 3 Buick-GMC dealerships in Texas

Baua Electric

The Houston-based dealership staff on Monday bought Beck & Masten Buick-GMC North, Beck & Masten Buick-GMC South and Beck & Masten Buick-GMC Coastal Bend from the Beck & Masten staff, in line with Ryan Kerrigan, managing director of Kerrigan Advisors, a dealership sell-side company in Lean Village, Nev.

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GM sets October retail sales record in China, Up 15%

Green Car Congress

General Motors and its joint ventures’ retail deliveries rose 15% year-on-year to a record 327,037 vehicles in China in October, with Buick posting its best-ever monthly sales. Buick sales gained 42% in October, with monthly sales exceeding 100,000 units for the first time. Chevrolet sales declined 8.4%

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2024 Honda Prologue electric SUV starts under $40,000 with full EV tax credit eligibility

Baua Electric

The 2024 Honda Prologue, the brand’s first all-electric SUV, qualifies for the full $7,500 EV tax credit. 2024 Honda Prologue eligible for full $7,500 EV tax credit After kicking off production last month, Honda’s first fully electric SUV will begin hitting dealerships any day. FTC: We use income earning auto affiliate links.

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Sale of Opel and Vauxhall to Groupe PSA finalized

Green Car Congress

The sale of Opel Automobile GmbH with its brands Opel and Vauxhall by General Motors to Groupe PSA has now been finalized. Synergies within the Groupe PSA, for example in purchasing and development, are set to play a major part. The Opel Grandland X SUV in the next higher segment follows in the fall.

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GM’s China JVs investing $12B between 2014-2017 to expand; GM outlines China market trends

Green Car Congress

China has been GM’s largest market since 2010, last year accounting for about one-third of its global sales. GM’s focus will be on answering the growing demand for luxury vehicles, SUVs, multi-purpose vehicles (MPVs) and smaller passenger cars. These areas already represent about 45 percent of GM’s domestic sales.

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GM had $6 billion to spend on next-gen EVs, chose stock buybacks | opinion

Baua Electric

Stellantis is serious Europe-only Jeep Avenger plugin SUV; via Stellantis. The company’s electric vehicles are leading the charge in France, where sales soared by 56% to reach a 37.9% While the BEV market may be experiencing a slowdown, Stellantis remains undeterred, capturing a 13.8% share in the EU29 region,” writes Max McDee.

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