automotive maintenance

2024 GMC Sierra EV Denali Edition 1 reservations closed

Reservation slots for the 2024 GMC Sierra EV Denali Edition 1 are gone. As is the case with just about every vehicle that can be reserved, regardless of cost, there weren’t enough slots to satisfy the initial rush. Carscoops noticed the situation first, getting confirmation from GMC that the only avenue remaining for now is to get on a waitlist. GMC’s page for the Sierra EV affirms the same, declaring “Reservations are currently full” for the Denali Edition 1. Doing so meant putting down a $100 refundable deposit, a nominal sum that anyone could back out of, but we know by now that market conditions mean between reservation holders and the waitlist there are plenty who will conclude the transaction. Duncan Aldred, head of GMC and Buick, said so himself, telling Automotive News“It’s pretty amazing. A few years ago, when we were planning Hummer, the amount of vehicles sold over $100,000 in the entire industry was not that many. Now, that has radically changed in the last three years. There’s been a rapid increase in vehicle prices and there’s been an even quicker rise at the top end. We expect to sell out really quite quickly.”

The Sierra EV

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Toyota will make fewer cars this year due to semiconductor shortage

Toyota sold 10.5 million vehicles, which includes the Prius, in 2021.
MediaNews Group/Orange County Register via Getty Images / Contributor / Getty

  • Toyota said it will make fewer cars than the 9.7 million it had expected to make this year.
  • Semiconductor shortages mean its suspended some production lines at eight of its Japanese plants.
  • The company did not say how far short it will be of its original forecast.

The world’s largest automaker by sales says it will produce fewer cars this financial year than it was originally expected as parts shortages continue to hamper its manufacturing efforts.

Toyota Motor Corporation, said Friday that it is suspending production on 11 manufacturing lines at eight of its Japanese plants this November due to the impact of semiconductor shortages.

Toyota previously said it is expected to make 9.7 million cars during the 2023 financial year, however as a result of the plan it is now expected output to be lower. The company did not say how far short it expects production to be.

“Toyota would like to again apologize for the repeated adjustments to our production plan due to the parts shortage resulting from the spread of COVID-19, and for causing considerable

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How to get a car loan for 3 percent in India: deo explain

Buying a car still a dream for many in India. Most of the people who are buying a car mostly make a small amount as down payment and they rely on car loans for the rest. Once they buy the car, the amount is paid back to the bank as installments. Before applying in a bank for a loan, we often check for the interest rates and opt for a bank which offers you the lowest interest rates. Here we have a video where a CA explains how one can get a car loan at 3 percent using the taxation laws in India.

The video has been uploaded by Taxation with CA Sahil Jain on their YouTube channel. In this video Sahil Jain explains the factors one should consider before taking a car loan. The first step is to check expenses. If a person has multiple expenses and he cannot meet all his expenses using his savings, he will either have to avoid that expense or get a loan to fulfill it. He will have to then decide which expense he wants to meet by taking a loan. For that he has to move to the next step. The second

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