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No GM Bankruptcy Next Week?

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With GM’s June 1 deadline almost a week away, there have been some reports that the U.S. government is getting ready to push the struggling automaker into filing for chapter 11 bankruptcy next week. However, a new report claims that the Treasury department has no such plans for the upcoming week.

The source, who spoke to Reuters and is not authorized to speak publicly on the matter, also said that the outcome of the company’s restructuring efforts will remain mostly unknown until its June 1 deadline.

This report comes at the heels of a recent report by the Washington Post claiming that the Treasury would steer GM into a bankruptcy next week, while providing it with roughly $30 billion in new federal loans.

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Crossovers

2020 GMC Acadia Refresh Brings Rugged AT4 Model, New Turbo Engine

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Updated, 2020 GMC Acadia Denali SUV, new look

The updates include a more aggressive look, a new turbo four, and a rugged new AT4 model.

GMC has given the Acadia a mid-cycle refresh that brings a revised exterior design, interior and tech enhancements, a new engine option, and an off-road-focused AT4 model.

On the outside, the 2020 GMC Acadia features a bolder grill flanked by rectangular headlights with C-shaped LED inserts, new-look rear lights and nicer 18- and 20-inch wheel designs that brings the overall design in line with GMC’s recent design language.

The interior has been enhanced by an electronic shifter that frees up real estate on the center console for more storage space and an updated infotainment system that the company says is “more intelligent and more intuitive” thanks to a higher-resolution eight-inch touchscreen, an easier to use interface, and improved voice recognition. Wireless charging for your phone is available, as are a head-up display system, a new HD rear camera, and a Rear Camera Mirror that replaces the rear-view mirror with a screen.

A new turbocharged, 2.0-liter four-cylinder engine joins the lineup for the 2020 model year and comes standard on the Acadia SLT and Denali models. Mated to a nine-speed automatic transmission, it produces 230 horsepower at 5,000 rpm and 258 pound-feet of torque between 1,500 and 4,000 rpm and uses Active Fuel Management (cylinder deactivation) to maximize fuel-efficiency.

The 2.5L four-cylinder and 310-horsepower, 3.6-liter V6 engines carry over from the 2019 model, with the latter now shifting through the same nine-speed automatic as the new turbo four instead of a six-speed automatic.

In response to the growing demand for rugged vehicles, GMC has expanded the Acadia lineup with a new AT4 model aimed at adventurous buyers. Like the Sierra AT4, the Acadia AT4 looks the part with a trim-specific grille with black chrome accents, plastic body cladding, 17-inch alloy wheels (20-inch alloys are optional), and a sporty dark interior with contrasting accents.

Lastly, the Acadia has received some suspension improvements that help with ride and handling. Front-wheel drive is still standard, while all-wheel drive is optional, though the Acadia AT4 is offered exclusively with all-wheel drive and the V6.

Made in Tennessee, the updated, 2020 GMC Acadia goes on sale in fall 2019. Do you like the changes General Motors made to it?

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Buick

Buick Cascada Convertible Is Dead After 2019, And It Likely Won’t Return

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2019 Buick Cascada Convertible, red

It was virtually invisible, so no one is going to miss it.

Buick has confirmed that the Cascada convertible will be discontinued after the 2019 model year, so act fast if you still want one.

Rumors of the Cascada’s demise began popping up in late 2018 when Opel — which was formerly owned by General Motors — announced plans to stop building its version of the car in Poland. The model had reached the end of its product life cycle, so many questioned its fate.

“The Cascada has played its role in the portfolio perfectly, outselling many other premium convertibles while bringing in [six of every 10] buyers from outside GM,” a Buick spokesperson told . Buick sold about 17,000 examples of the Cascada since adding the model to its portfolio for the 2016 model year, a measly figure that isn’t surprising considering the little advertising its received.

Production ends in the summer of 2019, and with Opel now owned by Peugeot and the convertible segment experiencing a perceptible decline all over the world, the odds of the Cascada being replaced in North America are slim to none.

The Cascada won’t be the only Buick to get the ax in 2019 — the LaCrosse full-size sedan will join it.

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Chevrolet

2019 Chevy Camaro ZL1 1LE Is Faster With New 10-Speed Auto

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2019 Chevrolet Camaro ZL1 1LE Race Track

Because excellence is not always good enough…

The 2019 Chevy Camaro ZL1 1LE is now faster than ever thanks the application of a new 10 speed automatic transmission.

According to Chevy,  the new automatic transmission makes the critically-acclaimed sports car faster than the manual equipped version, allowing it to lap General Motors’ 2.9-mile Milford Road Course more than one half second faster.

Engineers were also able to shave off several seconds from their previous Nurburgring lap times set with the six-speed manual ZL1 1LE.

“This transmission is optimized for speed,” said Camaro Chief Engineer Mark Dickens. “With unique Track Mode calibrations and 10 gears, you are always in the perfect gear when rolling on or off the throttle. You may not be a professional race car driver, but now you can shift like one.”

The calibrations for the transmission, electronic limited-slip differential and traction control system were tweaked to achieve the best performance, while the front and rear Multimatic DSSV dampers have been tuned to accommodate the quicker shifts in weight transfer.

As a reminder, the Camaro ZL1 is powered by a supercharged 6.2L V8 that produces 650 horsepower and 650 lb-ft. of torque. Pricing for the 2019 Camaro ZL1 1LE starts at $64,695 in the United States,. Opting for the new 10-speed auto adds $1,595 to the price.

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