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GM News, New Models and Market Share

8612 messages, Last post on Dec 05, 2009 at 1:39 PM
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Replying to: 62vetteefp (Dec 21, 2008 2:01 pm)
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Replying to: jamc (Dec 21, 2008 2:50 pm)
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Replying to: 62vetteefp (Dec 21, 2008 12:02 pm) This is where I question GM's strategy. They think that a $Billion on the Volt and then sell for $35K is ok, but selling a really high quality small car is not OK if they cannot make money on those. But the small car is where the entry buyers are and where brand loyalty is built. This is a very long term strategy. My friend bought a new Vega in '74 and it turned me off to GM for life. The excellent Cruze or whatever (as an example) would be the starter car that if excellent would bring in an entire generation of GM-loyal buyers. Seems like that would be more of a halo effect than the Volt.
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Replying to: tlong (Dec 21, 2008 4:36 pm)
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Replying to: steve_ (Dec 21, 2008 8:37 am) |
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Replying to: 62vetteefp (Dec 21, 2008 5:34 pm) OK, but Honda sells the Fit and it has received excellent reviews, especially the new redesign. They expected to sell 30K/year but have been selling more like 80K. That's not too shabby and if those buyers are happy then you have another generation of people who are going to look at Honda first. Imagine if the Aveo hatchback was that good. Those buyers would be wanting to stay with GM. Even if GM lost some money, would they lose more than with the Volt? Will the Volt sell as many as a subcompact sedan? Things to consider. Perhaps the Cruze will be excellent. They should not even produce the car unless it is BETTER than the Civic or Mazda 3. |
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Toyota will drop more than GM this month. Trucks are selling. Compacts and subs are not. Toyota Motor Corp. forecast a first-ever annual operating loss, blaming a relentless sales slide and a crippling rise in the yen while declaring an emergency unprecedented in its 70-year history. The world's biggest automaker had been expected to issue its second profit warning in less than seven weeks after domestic rival Honda Motor Co. also cut its outlook again last week, but today's downward revision was bigger than analysts predicted. "We are facing an unprecedented emergency," President Katsuaki Watanabe told a year-end news conference today. "This is a crisis unlike the crises of the past."
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I was at Costco, and they had a 2009 Chevy Malibu sitting out in front, to advertise their car buying program. This was just a base Malibu, an LS1 or something like that. Had a sticker price of around $22,500. But, get this...there was an extra sticker on the side for add-ons, one of them being $995 for ADMU! Seriously, in this day and age, what dealer is going to stick a $995 markup on an entry-level midsize?!
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Actually the current Captiva is built on the same platform as the current Vue, Theta I. This 2010 is the new heavily revised Theta II architecture. Not sure where you got your data since it is all new. Hmm, AutoBild and C/D HK dont seem to agree. According to them (translated): the Theta II is a mildly revised Theta I, and even though GM claims the 2010 Captiva to be all new, the use of an altered Theta1 platform, the re-use of various components like the current model's whole A to C pillars, roof, doors, base engine, and even the same rear end as a whole leads us to assume that the "new" car will not be so new afterall. On the other hand we really welcome the upgraded interior, which leave the outgoing model's totally obsolete Well, the engine part is in fact debateable, as each country gets different engine options, but the rest is inexcuseable. Well, it's natural as perhaps you've never seen the Captiva with your own eyes. I have, and I dare say the description is accurate. Of course, it doesnt change the fact that the Captiva is a much more competitive product than the Equinox.
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Replying to: andre1969 (Dec 22, 2008 7:50 am)
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