world auto

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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Abarth 4C-Based 1000 SP Concept Headed for Limited Production

Image for article titled Abarth's Divisive 4C-Based Classiche 1000 SP Concept Is Going Into Limited Production

Image: Stellantis

You may remember the Abarth 1000 SP — a Alpha 4C-based, coachbuilt-style concept from about a year and a half ago that was very divisive in its design. I hated it, some of you loved it, and it seemed as though that would be the last we’d hear of it. Abarth, however, had other plans in mind. The brand just confirmed the car will be built in limited numbers. These will be the final 4C Spiders, paying tribute to Abarth’s rich motorsport history.

The idea for the Classiche 1000 SP, as it’s now known, actually formed alongside the 4C more than a decade ago. But while the 4C went on to enjoy a respectable production run, the 1000 SP remained in the drawer. The concept completed last year picked up from where those original sketches left off, imbued with plenty of references to its inspiration, the 1000 Sport Prototipo, as Abarth explains:

Today the lines and aesthetic elements that shaped its ancestor echo strongly in the new Abarth Classiche 1000 SP. The car’s body – sinuous, with bold curvaceous mudguards that reinforce the visual impact of the wheels – echoes the layout of the central-engined

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