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Automotive News & Views GM News, New Models and Market Share
8457 messages, Last post on Nov 26, 2009 at 10:43 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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As I said before GM's worst-case scenario, was simply a high number they picked, as it makes it easier to prove "viability" to the government. It's nothing more than their continued unsubstantiated optimism that they won't need more handouts. http://www.usatoday.com/money/autos/2009-02-18-new-car-truck-sales-sink_N.htm GM's plan should be for a market of 8-8.5M vehicles this year, and no more than 9M next year. They need to size themselves (at normal operations) for that NOW, not 4 months from now; certainly not wait until next year. If the market is slightly better they can work a little OT.
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Replying to: lemko (Feb 19, 2009 8:17 am) Regards, OW
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Replying to: circlew (Feb 19, 2009 10:07 am) My first car - a 1968 Buick was purchased by myself in 1981 and was still in the family in late 1992. I had a 1979 Buick Park Avenue which I totalled in an accident in May 1989. A 1979 Oldsmobile Ninety-Eight Regency that went 148K miles but was destroyed by a careless driver in a box truck in 1991. A 1975 Cadillac Sedan DeVille I sold to a friend of my Dad's in May 1993. A 1987 Chevrolet Caprice Classic from which I traded-up to my 1989 Cadillac Brougham. I had a 1994 Cadillac DeVille purchased new which I traded for a new 2002 Cadillac Seville STS which in turn I traded for a new 2007 Cadillac DTS Performance.
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Replying to: kernick (Feb 19, 2009 9:47 am) You'll have to forgive me but I assumed these guys were professional. I would have used 9.5 MM SAAR and 10.0 for next year. That pegs any possible payback well into the future. This bailout is going to get quite sticky, indeed. There is no viability as far as I'm concerned, just a bailout-addicted system that we've signed on to. Remember these last words...there is nothing too big to fail. Roman Empire, anyone? Hitler? Regards, OW |
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Replying to: lemko (Feb 19, 2009 10:17 am) The current Yukon Denali is another load of junk. Sort of like the manufacturer these days...worthless!  Regards, OW
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Replying to: circlew (Feb 19, 2009 10:27 am)
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Replying to: lemko (Feb 19, 2009 10:42 am) Regards, OW |
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Replying to: lemko (Feb 19, 2009 6:36 am) What about this decade? Or do they just last so long that you don't need a modern era car? 
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| Saturn is going the way of the dodo bird, [as all GM, and Chrysler products will soon.] | |
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