Watch this space: Electric pickup not ready, prices soaring, but GM pickup sales climb

2022 Chevrolet Silverado High Country
2022 Chevrolet Silverado High Country Photo courtesy GM

GM Pickups Rally

By Bill Owney

With the electric F-150 on the streets, Ford is dominating mindshare in the pickup world these days, but General Motors managed to increase market share in the first half of 2022 thanks to a fleet that is more attractive, more sophisticated, and more reliable than before.

For 2022, the Chevy Silverado and GMC Sierra got fresh sheet metal up front and, in upper trims, vastly improved cabins that are quieter and feel more spacious and upscale. A 12.3-inch digital instrument cluster and a 13.4-inch-diagonal infotainment touchscreen with Google built-in2 compatibility dominate dashboards in all Sierras and all LT and above Silverados.

Toss in GM’s Super Cruise, an optional hands-free driver assistance technology that works on hundreds of thousands of miles of roads, and the trucks leave the impression that the General’s full-size pickups are well positioned to compete in the digital age.

In a time of change, less can be better

Recent tests of top-of-line models, a Silverado Crew Cab High Country ($68,862) and Sierra Denali Ultimate ($79,340) left the impression that General Motors has the technical chops it needs to move forward with a long list of electric models in the next few years.

This comes at a time when GM is investing immense financial and personnel capital into making itself an electric vehicle company. The company is pouring some $35 billion – with a ‘b’ – into research and development and building new factories for batteries and for 30 new EVs it plans to bring to market before 2025.

An interesting upshot is that with all the talent working on the new stuff, the company is holding fast to the design and engineering principles in play with vehicles already in production. The current generation of pickups, for example, hit the streets in 2018.

Normally, this would be time for a “clean-sheet” redesign. Instead, while it waits for the electric Silverado, due in showrooms in about six months, GM is readying beefier, off-road versions to compete with the Ford Raptor and Ram TRX.

JD Powers Dependability

Sticking with things that ain’t broke has a serendipitous effect. By staying with the same basic drive engines, transmissions, body panels, hardware, and electrical architecture, the company has slowly wrung out quality control problems inherent in planned obsolescence. As a result, when JD Powers released its 2022 U.S. Vehicle Dependability Study, four of the top eight brands were from GM.

Wait, what? Consumer Reports gives Silverado and Sierra bottom marks for reliability. Yes, but CR gathers its data from self-reporting done by its membership. Self-reporting is the least reliable form of surveying because it is inherently biased in a field that seeks true randomness. It does not attempt to match the sample with the real population and respondents tend to be those with the largest axes to grind.

JD Powers surveys nearly 30,000 buyers of new cars three years after purchase. The study covers 184 specific problem areas across nine major vehicle categories: climate; driving assistance (new in 2022); driving experience; exterior; features/controls/ displays; infotainment; interior; powertrain; and seats.

As a dues-paying Consumer Reports member, it pains me to say that JD Powers’ data is more reliable.

The lesson of persistence in design and engineering was not lost down the street at Ford, where CEO Jim Farley, seeking an end to recalls and exorbitant warranty costs, last week said he plans to simplify truck offerings and stay with basic designs and engineering for longer periods. Farley, by the way, broke in with Toyota.

The General busts a move

GM’s improvements are reflected in the sales figures, even in a down market.
Supply-chain woes and labor shortages last year led U.S. pickup sales to a 7-year low. According to public sales data, they fell an additional 16.6 % through June, but Silverado was down only 10% and Sierra 14%. Combined, they gave General Motors a class share of 38.8%, up 1.9% from the first half of 23021, making it the biggest seller of full-sized pickups in America.

The F-series was off 17%, good for a 30.5% share, and RAM was down 22% and holds a 26.7% share.

The Toyota Tundra, redesigned for the first time in 15 years, was the only nameplate to increase sales and now owns 4.5 % of the big pickup market. The Nissan Titan was down 37% and owns just 1.1% of the market.

It is critical to note that falling pickup sales is an issue of supply, not demand. Despite a series of sharp price increases this year, executives at both Ford and General Motors have said in recent weeks that they are selling every truck they can complete.

MSRPs are Rising

In July, GM had a stockpile of nearly 95,000 trucks that were waiting for computer chips and other parts to complete. Ford this week said it would soon reopen order books for the F-150 Lightning, but only after it raised prices as much as 19%. The base-level Pro now starts at $48,769, up $7,000 from $41,769. The XLT jumps from $54,769 to $61,269.

General Motors has increased prices on Sierra and Silverado three times this year. Though the companies lay the blame for higher prices on increases in materials prices, analysts are quick to note that both manufacturers have publicly attempted to dissuade dealers from price gouging. Higher MSRPs will have that effect.

Full disclosure: My 401(k) includes shares of both Ford and General Motors. Both are up for the year.

Ultimate? Yep

2022 GMC Sierra Denali Ultimate interior
Numerous interior appointments make the GMC Sierra Denali Ultimate’s cabin the most premium offered.

GMC is known for luxury and the pinnacle is models with the nomenclature “Denali,” which makes perfect sense if you’ve ever seen Mt. McKinley.

If the word “Ultimate” is then appended to “Denali,” one expects a pickup that would make a Cadillac blush. The Sierra 1500 Denali Ultimate does just that. It is the most advanced and luxurious Sierra ever.

  •  The grille and headlamp design feature expressive lighting animation when approaching, starting, or walking away from the vehicle.
  • A cockpit-oriented instrument panel features electronic precision shift on models with front bucket seats. A 12-speaker Bose sound system and 16-way power-adjustable and massaging front seats are standard.
  • Two screens offer 40 diagonal inches of digital display, the most in its class.
  • Technologies include trailering-capable Super Cruise1 driver-assistance technology and a standard 420-horsepower, 6.2L V-8 engine. Our tester came with a smooth, 3.0-L Duramax turbodiesel that delivered 27 mpg on the highway and 24 mpg in combined driving. It costs $1,500 less than the gas V-8.
  • An AT4X trim offers advanced off-road capability, with features such as Multimatic DSSV dampers, front and rear e-lockers, and Terrain Mode with one-pedal crawling, while delivering excellent on-road comfort and trailering capability.
  • An Alpine Umber interior employs full-grain leather appointments, including a leather dash, and open-pore Paldao wood trim. The wood’s darkened finish creates a distinctive color blend, while the unique graining adds bespoke attention to detail.
2022 GMC Sierra Ultimate and AT4X exterior
(l to r) 2022 GMC Sierra AT4X and Sierra Denali Ultimate

Oh, and it pretty much drives itself out on the interstate. It is not self-driving. A steering wheel-mounted camera monitors the driver’s eyes, and the truck goes crazy when it senses inattention: It sends a visual warning, an audible warning, and vibrations through the seat.
It’s like having a co-driver who always pays attention.

Best Silverado ever

The Silverado High Country is a less extravagant, but still quite luxurious truck. Like the Sierra, it features a nicely appointed cabin that is intelligently laid out. Switchgear is easy to find and manipulate.

A host of trailering gear comes standard: hill start assist, trailer sway control, hitch guidance, brake controller, auto locking rear differential.

A lot of nice-to-have features are standard on High Country: Keyless entry, push-button start, spray-in bed liner, a premium sound system, and dual exhaust with chrome tips.

Our tester came with a 6.2-L V8, which delivers 420 hp and 460-ft.-lb of torque, a $2,495 option. It’s a lovely engine, satisfyingly powerful. For less than $1,000 more, however, one could have the diesel.

Here’s the bottom line: Diesel fuel costs about 20% more, but the diesel Sierra got 40% better fuel economy. Add in the additional work capability and inherent reliability of the Duramax and that is a world-class no-brainer.

We drove the snot out of the Sierra and it still had more than half a tank left when the nice man came to retrieve it 8 days later.