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Automotive News & Views GM News, New Models and Market Share
8060 messages, Last post on Nov 09, 2009 at 5:54 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: bpizzuti (Nov 29, 2008 9:35 am) |
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Replying to: tlong (Nov 30, 2008 11:57 am)
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err, how many of those sales are CUVs? and how many SUVs? I still think the Suburban will tank soon, keep no more than swb Tahoe if they must. Sure gas is cheaper now, but for how long??????
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Replying to: 62vetteefp (Nov 30, 2008 5:30 pm)
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Replying to: joshuag (Nov 30, 2008 10:15 pm) That's not a huge number, if you consider that the Explorer alone used to sell 40,000 or more a month. Take that 40,000 and divide it by 19 SUV/CUV models and you get an average of 2,100 units per model. And that's really poor.
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Replying to: torque_r (Nov 30, 2008 11:23 pm) Again there is a large market for Subs/Tahoes, enough to keep at least two plants going once we get past this economy.
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Replying to: 62vetteefp (Nov 30, 2008 5:30 pm) |
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Here's an interesting article that addresses the auto sales "bubble" that existed over the past several years. What's interesting is the US market AVERAGED 16.9 million new car sales from 1999-2006. Prior to this time period, new car sales had reached 16 million only once. Analysts are also saying the US market will probably stay depressed (under 16 million sales) until 2011 or 2012 at the earliest. http://money.cnn.com/2008/11/30/news/companies/auto_bubble/index.htm?cnn=yes
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Replying to: dtownfb (Dec 01, 2008 6:46 am) And these strong years came at a time when the number of licensed drivers was posting a modest 1.1% annual gain, suggesting that the sales increases were way ahead of fundamentals. In other words, people bought new cars or trucks because they could, not because they necessarily needed to. So we have way more cars and trucks than we need right now, when you take a look at the used car lots. It seems lending practices are back where they should be. That will slow down sales to poor risk buyers. You don't have a job, you don't get a loan to buy that Escalade, DUDE.... 
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Again there is a large market for Subs/Tahoes, enough to keep at least two plants going once we get past this economy. . Your post clearly said it, the only question is either "WHEN" or "IF" we get past this economy.
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