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Automotive News & Views Can GM make Cadillac the standard of the world Again?
6098 messages, Last post on Aug 14, 2009 at 4:43 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: sls002 (Jul 27, 2008 3:49 pm) This is a more recent long term study done in 2007 (most recent) for 2004 model year cars (my previous post was released in 2005 for 2002 models). Note that the industry average has improved from 237 to 216. Ford now has more than the average (221) but is better than before (231). Buick now matchs Lexus.
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Replying to: sls002 (Jul 28, 2008 5:38 am) Who are you going to believe? Data based on a huge pool of data or some guy on the internet that has owned less than 20 cars? I go with the guy on the internet every time  I mean he did confirm his results by talking to other people. In reality if you look at the data there sure is not much difference between them anymore. So lets find some other way of bashing american cars. Hey lets use gas mileage!
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Replying to: 62vetteefp (Jul 29, 2008 6:52 am)  Regards, OW
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Replying to: circlew (Jul 29, 2008 8:07 am) OK I guess that makes sense. Overall GM cars are well up in June over last year. They are selling very well, especially the smaller ones that are in vogue now. (in fact the reason many cars did not increase volume was due to lack of inventory because they wer sold out in previous months) What is killing GM is the drop in truck sales, as is it for all companies offering trucks (even Toyota as much as GM). Should GM have not engineered and sold all those trucks in the past? No, in fact most every major make was ramping up truck capacity. Cts up 16% over last year. STS up 12% Cobalt up 22% Malibu up 74% G6 up 34% Vibe up 25% Aura up 25% Sky up 44% SRX up 12% Equinox up 46% HHr up 24% Vue up 25%
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Replying to: 62vetteefp (Jul 29, 2008 10:29 am) Even the venerable Toyota is likely to see another drop. Meantime, the combined market share of Detroit's three automakers is expected to hit a near-record low of 44.4 percent, down from 49.4 percent in July 2007 and from 46.4 percent in June 2008. The only time it was lower was in May when it fell to 44.3 percent. Edmunds.com predicts GM will sell 266,000 units in July 2008, down 15.7 percent compared to July 2007 and up 1.3 percent from June 2008. GM's market share is expected to be 21.1 percent of new vehicle sales in July 2008, down from 24.2 percent in July 2007 and down from 22.2 percent in June 2008. Edmunds.com predicts Honda will sell 160,000 units in July 2008, up 13.3 percent from July 2007 and up 12.1 percent from June 2008. Honda's market share is expected to be 12.7 percent in July 2008, up from 10.8 percent in July 2007 and up from 12.0 percent in June 2008. Edmunds.com predicts Nissan will sell 88,000 units in July 2008, up 0.2 percent from July 2007 and up 16.0 percent from June 2008. Nissan's market share is expected to be 7.0 percent in July 2008, up from 6.7 percent in July 2007 and up from 6.4 percent in June 2008. Edmunds.com predicts Toyota will sell 217,000 units in July 2008, down 3.3 percent from July 2007 and up 12.1 percent from June 2008. Toyota's market share is expected to be 17.2 percent in July 2008, even from 17.2 percent in July 2007 and up from 16.3 percent in June 2008. Regards, OW |
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a last-minute surge from people wanting in before leasing goes bye-bye?
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Forgive my ignorance, why is leasing going bye-bye???
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Replying to: bumpy (Jul 29, 2008 12:04 pm) |
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Replying to: marsha7 (Jul 29, 2008 6:46 pm) Long answer: when a vehicle comes back off-lease, the finance company sells it at auction, hoping that it gets as much or more than the residual value of the lease (the lease payments being the difference between the sale price and the residual, plus a little bit extra). The domestic finance companies have a lot of truck and SUV lease returns that are selling at $10, 20, or $30,000 less than the residual value (when they sell at all), so they simply don't have the cash to roll over into new leases and no one else is going to loan them that money. So, now they have either quit leasing altogether or set the residuals to current pitiful market value, making the lease payments so much higher that no one would want to lease.
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Replying to: bumpy (Jul 30, 2008 6:38 am) Regards, OW |
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