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GM News, New Models and Market Share

8501 messages,  Last post on Nov 28, 2009 at 10:40 PM

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What is this discussion about? Automotive News


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#2987 of 8501
Re: Top 20 Nameplates through 11/08 [circlew] by cooterbfd
Dec 30, 2008 (9:35 am)
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Replying to: circlew (Dec 29, 2008 12:16 pm)

I notice your Genesis is doing REAL well. Sold a WHOPPING 1,151 cars in Nov., as opposed to the old, dusty, outdated, Lucerne which sold 3,134. Even the CTS outsold it with 2,902 sales. Even the Enclave outsold it with 2,288.
 
I guess everybody knows it's STILL just a Hyundai, even though they hide the emblems real well.
#2988 of 8501
Re: Top 20 Nameplates through 11/08 [cooterbfd] by bpizzuti
Dec 30, 2008 (10:05 am)
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Replying to: cooterbfd (Dec 30, 2008 9:35 am)

I notice your Genesis is doing REAL well. Sold a WHOPPING 1,151 cars in Nov.
 
How many cars showed up on our shores? Are you willing to quote all of these numbers as percentage of inventory sold versus just pure volume?
 
(Incidentally, i have no clue what percentage of available inventory each one sold, but I am curious).
#2989 of 8501
Zero to 5.9% by steve_ HOST
Dec 30, 2008 (11:02 am)
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GM Now Offering Financing As Low As 0%
 
#2990 of 8501
by m4d_cow
Dec 30, 2008 (11:19 am)
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Unless you buy everything on credit and care less when you can pay it back. Sound familiar?
 
Yeah, unfortunately. I'm only so grateful I'm not one of them
 
Another idea, we can do it this way, raise the import taxes to an almost ridiculous rate combined with lower costs. That'll do, I guess.
#2991 of 8501
Re: Top 20 Nameplates through 11/08 [cooterbfd] by circlew
Dec 30, 2008 (11:48 am)
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Replying to: cooterbfd (Dec 30, 2008 9:35 am)

I am patient. I believe those numbers are tracking close to original plans considering the economy. Here is the breakdown so far...the CTS isn't competition but the STS is...pitiful for Caddy, don't you think?
 

 
Let's see the combined numbers when the coupe comes out next year.
 
Regards,
OW
#2992 of 8501
Re: Zero to 5.9% [steve_] by 62vetteefp
Dec 30, 2008 (12:14 pm)
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Replying to: steve_ (Dec 30, 2008 11:02 am)

Just as important, GMAC has lowered the credit score requirement for buyers to qualify for these reduced rates. A credit score of 700 had previously been required for a buyer to qualify with GMAC. Now, that threshold has been lowered to 621, allowing an estimated 75% of additional buyers to qualify for the loans.
 
Must be a calculation of actual buyers in the 621 to 700 vs. the people who just have the credit rating.
#2993 of 8501
Re: Top 20 Nameplates through 11/08 [circlew] by anythngbutgm
Dec 30, 2008 (12:18 pm)
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Replying to: circlew (Dec 30, 2008 11:48 am)

OK, not to criticize but the numbers for everything have been falling due to the economy, so it's no surprise that the Genesis is selling in similar numbers to the others you listed there. People are not buying big ticket items right now.
 
However, seeing that out of those, the only one with a significant rise in sales IS the Genesis (some rose slightly, and some are holding steady, Saab sales are paultry anyways ) and it has managed to tie if not trounce some of the stalwarts out there shows that Hyundai has a legitimate if not top 3 contender. That's some pretty impressive improvements there.
#2994 of 8501
Re: Top 20 Nameplates through 11/08 [anythngbutgm] by 62vetteefp
Dec 30, 2008 (1:17 pm)
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Replying to: anythngbutgm (Dec 30, 2008 12:18 pm)

One thing I questioned is the lack of CTS in the comparison. It is the size of the 5 series at a greatly reduced price just like the Genesis?
#2995 of 8501
Re: Top 20 Nameplates through 11/08 [anythngbutgm] by circlew
Dec 30, 2008 (2:58 pm)
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Replying to: anythngbutgm (Dec 30, 2008 12:18 pm)

At least someone sees this is a good start for this car. Not scintillating but people have taken notice. We will see as time goes on. I would be sweating if I were in charge of Caddy...
 

 
In the NEW Economy, this car will no doubt sell.
 
Regards,
OW
#2996 of 8501
Re: Top 20 Nameplates through 11/08 [62vetteefp] by circlew
Dec 30, 2008 (3:03 pm)
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Replying to: 62vetteefp (Dec 30, 2008 1:17 pm)

I think the CTS is not the central target of the Genesis. There is no edginess in the design either. More a target are the cars on the list. The STS is a EXTREME disappointment both in style and desirability, IMHO....for the price. Sales are going in exactly the opposite direction compared to the Genesis. The customer is saying "No Deal".
 
Regards,
OW

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