GM to close reservations for electric Hummer pickup, SUV after topping 90,000

DETROIT – General Motors volition adjacent reservations for its electrical GMC Hummer pickup and forthcoming GMC Hummer SUV aft much than 90,000 of the vehicles were reserved, the institution said Wednesday.

Closing the reservations is simply a mode for the automaker to effort to fulfill the existent database of reserved vehicles, which extends retired to astatine slightest 2024. The fig of reservations is notable due to the fact that of the starting prices of the vehicles, which scope betwixt roughly $85,000 and $111,000.

GM said it plans to adjacent reservations for some vehicles starting Thursday. Anyone wanting to reserve 1 of the electrical trucks indispensable bash truthful by the extremity of Wednesday.

GM has been dilatory ramping up accumulation of the Hummer EV pickup since earlier this year. As of the extremity of June, the institution had sold little than 400 of the vehicles. The SUV version is expected to statesman arriving to dealers and customers starting successful aboriginal 2023.

Duncan Aldred, planetary caput of GMC, said accumulation of the SUV should beryllium quicker than the pickup, which was the archetypal user conveyance to diagnostic GM's next-generation Ultium batteries and conveyance platform.

"We knew it would beryllium a dilatory ramp. But adjacent year, erstwhile you look astatine the calendar year, I deliberation you'll spot a normalized year," helium told CNBC past week astatine the Detroit car show. "When we nutrient SUV, that should get into stride close distant … Next twelvemonth is simply a large twelvemonth for Hummer EV, some motortruck and SUV."

GM's determination follows Ford Motor shutting down reservations for its electrical F-150 Lightning pickup aft hitting astir 200,000 units. It besides had unopen down reservations for the electrical Mustang Mach-E crossover, but those banks person since reopened.