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GM News, New Models and Market Share

8237 messages, Last post on Nov 22, 2009 at 8:40 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: circlew (Dec 29, 2008 12:16 pm) I am really confused on why is the Cobalt not there? They have sold 175,259 thru November (-4.2%) Where does this data come from? Some of it does not agree with published data. Impala is correct but the Malibu is low. The G6 also sold 132,534 (down .3%) which would have been about 17th on this list. Whys is the Impala listed below Dodge Ram? The numbers are 08 so they are not reordered for 08??? What is an A3? But the numbers are from a different socio/economic time. For this coming year it will be more like what has happened from October on which will be very interesting. Pretty much all compact and subcompact vehicles (including Hybrids) have plummeted around 70%. Look for the Cobalt/Civic/Corolla/Prius to go to the bottom of the list and perhaps drop off.
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Replying to: 62vetteefp (Dec 29, 2008 12:52 pm) With the domestics, I think it is a lot more instructive to look at how retail sales have changed, because that's who is really BUYING these cars and trucks. I would assume, for instance, that while Impala sales are down so much overall, they are down a lot less for retail sales? I know that both Ford and GM have continued their 2007 successes this year in getting fleet sales down. Having said that, I will also say that what catches my eye here is just a few of the numbers: in year 3 (year 4? year 5? I am losing track) of the Lutz plan to turn the ship, GM's volume is still in the Silverado (as is Ford's in the F-150) whereas Toy/Hon's is in the Camry/Accord. They also have the Corolla/Civic, which has no sales counterpart on the domestic side, although Focus and Cobalt do sell well, just at roughly half the volume. And I don't know fleet numbers there, but with both of those models pretty old at this point, I would bet there are a lot of Focuses and Cobalts getting shovelled into the rental fleets.
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Replying to: nippononly (Dec 29, 2008 12:57 pm) |
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Replying to: 62vetteefp (Dec 29, 2008 12:52 pm) Let's see what happens in December. Goldman Sachs predicts GM is down 42%. Regards, OW |
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Replying to: circlew (Dec 29, 2008 2:27 pm) Edmunds Forecasts 5 Percent Further Decline in Vehicle Sales in 2009 I don't see a breakdown by make.
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Replying to: circlew (Dec 29, 2008 2:27 pm) What I do not understand is where I got my data for Cobalt/Civic/Corolla that said 65% drop. I know I posted it here yet the WSJ does not show that. Need to investigate. Found the data. It was a 65% from May to November. May was the height of the gas price mania and November is at the low. And with that data it looks like the Compacts will probably keep their relative positions. The Civic that was hot in May 2008 with 53,299 sales was not in November with 17,690 sales,(that is a 70% drop!!) according to the Automotive News Data Center. Ditto the Corolla, 52,826 sold in May 2008 versus 21,807 (60% drop) sold in November; and the Focus, 32,579 sold in May versus 8,194 sold in November.(75% DROP) Cobalt was down 65%.
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Replying to: 62vetteefp (Dec 29, 2008 2:57 pm) Also Malibu was the only vehicle in November to actually increase volume from 2007 (35%). Ram truck is 7th on the list. That shows that Chrysler has at least something to bargain with. If Nissan had the money they should pick up the truck part. |
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Replying to: 62vetteefp (Dec 29, 2008 2:57 pm) I am going to post a yearly sales chart after I format it later on. Regards, OW |
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Replying to: steve_ (Dec 29, 2008 2:36 pm) Regards, OW |
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Replying to: steve_ (Dec 29, 2008 2:36 pm) "In October, Glendale-based Johnson Controls said it assumed there would be production of 12.3 million vehicles in North America and 21.2 million in Europe. The company's latest production estimates for 2009 are 9.3 million units in North America and 16.2 million in Europe." http://www.jsonline.com/business/36225934.html This downturn in the economy is not yet thru, with more dominos to fall. Commercial real estate is going to go bust next, unless they get several hundred billion in bailouts. And banks have not yet started taking losses on people's defaults on credit cards en-masse.
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