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GM News, New Models and Market Share

8245 messages, Last post on Nov 22, 2009 at 11:08 PM
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Replying to: bpizzuti (Jan 15, 2009 10:12 am) Problem with the Charger police car is that the Hemi version is too expensive to really be competitive. Most police-spec Chargers, and Magnums, are just the 3.5 V-6. It's about on par with the Crown Vic V-8 or Impala police cars when it comes to performance, but when you factor in performance, cheap-to-fix, price, rugged durability, etc, the Crown Vic usually comes out on top. |
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Replying to: lemko (Jan 15, 2009 10:06 am) Regards, OW
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Replying to: lemko (Jan 15, 2009 10:06 am) |
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NEW YORK – General Motors Corp. is cutting its 2009 industrywide U.S. sales forecast to 10.5 million vehicles. The Detroit automaker previously said it expected industrywide sales of about 12 million for the year, with 10.5 million seen as a worst-case scenario for the industry. It revised its prediction in an analyst conference Thursday where Chief Executive Rick Wagoner is speaking. U.S sales fell to 13.2 million in 2008, down 18 percent from 16.1 million in 2007. But we know according to GM they have enough bailout money for the worst-case scenario, right?
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Replying to: tlong (Jan 15, 2009 11:49 am) This got out fast. Wagoner is still discussing with the analysts right now. |
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Replying to: circlew (Jan 15, 2009 11:24 am)
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...that every single GM car I had was one of those that would go for 100Ks of miles? I can't possibly be THAT lucky - at least according to what you folks are saying!
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Replying to: lemko (Jan 15, 2009 12:41 pm) Well for the most part, Lemko, you've tended to pick the cream of the crop when it comes to GM cars. Those late 70's C-bodies with the 403 and THM400 tranny were probably about the best cars out there at the time. And your '89 Brougham's 307 is essentially just a smaller displacement version of that Olds smallblock (sounds weird calling a 403 a smallblock!) With your Park Ave, I think you lucked out in finding one that had been well taken care of, and you continue to pamper it. How many miles did your '75 Sedan Deville have on it when you got rid of it? Didn't you sell that one to a brother or cousin or something? That's another one that was really sturdy in the driveline department, although they were weak in rust resistance, and if it had fuel injection, that could be troublesome.
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Replying to: 62vetteefp (Jan 15, 2009 11:51 am) One of the problems I've found with the B3, is that they're always reacting. What I mean is that over the years when their market-share dropped and they started to lose money, then they'd plan on how to cut costs in a few months. Then they'd get caught again the next year. Similarly with the product they brought to market - they were always playing catchup with small cars, or bringing the wrong cars to market for the times. Again here with this new forecast from Wagoner, GM has wasted time which they have precious little of, if they want to prove they are viable to the U.S. Congress. Instead of erring on the high side of market-volume they should be erring on the low-side - to start with! So now a month has gone by and GM really has only talked about the most moderate of cuts. In fact GM should have by now been instituting drastic cuts to get to a much smaller size. As I said in another forum, if I were running GM (or any car company) today I would plan on normal operation of my factories for a U.S. market of 8 million vehicle sales. I would plan on using OT if the market actually reaches 10 million units. I would rather have a slightly smaller company then the market requires, and lose a little market-share this year, and make profit, then have a too large company that loses money. When you need to prove to your lender that you can succeed, you need to do everything you can to ensure you make profit, and that may mean overcutting in the short-term.
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Replying to: kernick (Jan 15, 2009 1:22 pm) Strange world.
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