Heck, so will Toyota.
The Chevrolet Colorado and its GMC Canyon corporate cousin have been in the news recently regarding their eventual successors. To summarize, the next complete redesign isn't slated to happen until 2023 because General Motors is taking the necessary time to develop an all-new global midsize pickup truck platform. But 2023 is still four years out, so what's going to happen to the current trucks?
GM Authority claims it has confirmed the current generation Colorado and Canyon will remain untouched until their respective replacements arrive. A refresh to some degree was initially planned but GM has ultimately decided to skip it. The money will be better invested in the redesign. That's not entirely a bad thing, however, because the current GM trucks remain strong sellers despite fresh competition from the likes of the new Ford Ranger and Jeep Gladiator.
Last year, GM sold a combined 168,334 Colorados and Canyons in the US and an additional 20,000 units in Canada. To put that into perspective, only the Toyota Tacoma surpassed them in the sales race with a total of 245,659 units. Despite dating back to the 2015 model year, combined Colorado and Canyon sales placed them as the second-best-selling midsize pickup truck in the US. You can see why GM feels both trucks can soldier on for the next few years relatively unchanged.
However, as we previously pointed out, this plan could backfire due to the existence of the Ranger and Gladiator. Both are now entering their first full model years and both have the potential to dramatically alter this segment rather quickly.
For example, a total of 22,917 Ford Rangers were sold through this past May. The Jeep Gladiator is also proving to be a smash hit as buyers are paying well over sticker price. Despite those factors, GM's confidence in the Colorado and Canyon remains strong and if something isn't broken and still continues to sell extremely well, why bother making expensive changes prematurely?