| 
Future
Truck: 2012 Chevrolet Compact
By: Mike Levine Posted:
04-10-07 14:15 PT
© 2007 PickupTruck.com
Page: [1]
Less than
twenty four hours after our little story on a possible El
Camino revival,
General Motors is channeling through Jim
Mateja that all rear wheel drive
vehicles beyond the 2009 Camaro are on hold. GM Vice Chairman Bob Lutz
says a timeout is needed to assess the impact of the recent Supreme
Court ruling that the federal government must set and enforce limits
on the amount of carbon dioxide produced by motor vehicles, and increasingly
tougher Corporate Average Fuel Economy (CAFE) standards for cars and
light trucks.
So, while
this news dampens enthusiasm for a RWD car-based pickup
returning, as Yoda said to Obi Wan Kenobi when Old Ben said, "That
boy is our last hope." - No, there is another.
That other
hope may be a new compact pickup that would slot into the Chevrolet
truck family below the Colorado by
2012. We expect it would be powered by a 4-cylinder gasoline or diesel
engine with front wheel drive.
Inspiration
for this small truck comes from GM do Brasil's Sabia
Concept that showed off its bow-tie badges at the 2001
North American International Auto Show. The Sabia was both FWD
and propelled by a four banger mill. And check out the lack of side
mirrors in this article's photos. The Sabia used rear facing video
cameras to reduce aerodynamic drag to further improve fuel economy. Talk
about being ahead of its time!
Skeptical?
Then, consider the following.
The weight
savings from front wheel drive versus a heavier rear wheel drive platform
would help GM meet higher CAFE numbers. Since 2004, the National Highway
Traffic Safety Administration (NHTSA) target for light trucks (SUVs,
minivans, and pickups) has increased from 20.7 mpg to 22.2 mpg, this
year. The average will rise to 24 mpg in 2011. And one bill before
Congress (S. 357) calls for a combined car and light truck CAFE target
of 35 mpg by 2019. That's a non-trivial figure to hit when sales
of light trucks are a bit less than half of all vehicles sold.
Sales of
midsize pickups have been decreasing for years because the overuse
of incentives and easy financing for full size pickups resulted in
overlapping price points between the two segments. Why buy a Colorado
when you could own a Silverado for a few thousand more dollars?
With a 60-month loan, it becomes a marginal point in the monthly
payment. A new, small pickup would allow Chevrolet, and other manufacturers,
to reset the pricing gap between models.

A smaller,
cheaper pickup would also encourage new buyers (i.e. Gen Y) to enter
the truck market in the hopes they would eventually upgrade to an industrial
strength half-ton or heavy duty pickup later. The price point for
a four cylinder pickup could start as low as $12,000, up to $16,000.
And how
could you build and sell a small truck for only $12K? GM could direct
GM do Brasil or GM Daewoo in South Korea to take the lead
in designing and engineering this pickup but build it 'domestically'
in Mexico. A win for GM. A win for buyers. A win for small truck fans.
For the UAW, not so much.
Finally,
GM is hot on the compact space. At the 2007 New York International
Auto Show the General was very proud of its three stylish minicar concepts,
the Chevrolet Beat, Groove,
and Trax.
Even though the Beat seemed to get the most attention and praise from
journalists, our bet would be on the more truck-like lines of the Groove
crossover inspiring a new pickup.
One way
or another, it's looking a lot like a new, smaller pickup is in the
cards for General Motors and other manufacturers.
Page: [1]
|