The State of the US Auto Market

1973 messages,  Last post on Jun 19, 2013 at 4:01 AM

You are in the Automotive News & Views Forum.

What is this discussion about? Chevrolet, Ford, Dodge, Car Comparisons, Automotive News

#26 of 1973 Chevy Equinox by circlew

Feb 15, 2013 (3:33 pm)

The Chevy Equinox is just so hot right now.

#27 of 1973 Buffett by berri

Feb 15, 2013 (3:37 pm)

Replying to: circlew (Feb 15, 2013 3:30 pm)
I know a lot of people here think GM is dying and they've lost some market share - BUT I just saw that Warren Buffett bought another chunk of GM stock. He's not always right, but his batting average is probably a hell of a lot better than most of ours! Maybe GM isn't on it's death bed, but just starting to recuperate from a bad case of flu?

#28 of 1973 Re: Chevy Equinox [circlew] by berri

Feb 15, 2013 (3:49 pm)

Replying to: circlew (Feb 15, 2013 3:33 pm)
Honestly, I think D3 prices their vehicles higher and then gives higher rebates/promo's. It just seems to be their playbook. I wish I had the data to compare sticker price differential and promo $. Something tells me D3 wouldn't look quite as out of whack from that "net" perspective. Maybe average net retail selling price vs. rebate/promo $ or something like that?

#29 of 1973 Re: State of GM [bpizzuti] by greg128

Feb 15, 2013 (3:56 pm)

Replying to: bpizzuti (Feb 15, 2013 10:04 am)
Nssan's having good luck with their CVTs
 
not according to these owners:
 
lAltima CVT problems
 
Plenty of unhappy Rogue and Murano owners, too

#30 of 1973 Re: Buffett [berri] by tlong

Feb 15, 2013 (4:13 pm)

Replying to: berri (Feb 15, 2013 3:37 pm)
I know a lot of people here think GM is dying and they've lost some market share - BUT I just saw that Warren Buffett bought another chunk of GM stock. He's not always right, but his batting average is probably a hell of a lot better than most of ours! Maybe GM isn't on it's death bed, but just starting to recuperate from a bad case of flu?
 
If the auto market is trending up, GM will probably do fairly well and be profitable. It's the next downturn that will really tell who is operating more successfully among all the makes. Sort of like in an ice storm or a wind storm - the trees all looked healthy before, but suddenly the weaker ones that had been doing fine in good weather come down.

#31 of 1973 Re: State of GM [greg128] by busiris

Feb 15, 2013 (4:29 pm)

Replying to: greg128 (Feb 15, 2013 3:56 pm)
Hmmmm... Another example of spotty, anecdotal evidence.
 
You might want to check out the Nissan Versa section on CVT's. it has 3 posts, all from me.... Regarding a single incident.
 
250 posts on the Altima? Out of how many Altimas sold with CVT's?

#32 of 1973 Re: State of GM [busiris] by uplanderguy

Feb 15, 2013 (4:55 pm)

Replying to: busiris (Feb 15, 2013 4:29 pm)
Regarding incentives...does anybody think that they have something to do with age of vehicle? I know my wife wanted an Equinox (which I didn't want) in June '11 and at the time they were giving zero off of sticker...it was an all-new vehicle. So even if they're now giving $100 off, wouldn't that put it at the bottom? Another time to remind about 'balance', apparently. But what must I be smoking to expect that?

#33 of 1973 Re: State of GM [uplanderguy] by busiris

Feb 15, 2013 (5:14 pm)

Replying to: uplanderguy (Feb 15, 2013 4:55 pm)
Seems only logical that incentives would only increase as models "age-out" of their lifespan, before new updated models come out...
 
And, you're right about $ .vs. %.
 
If the incentive on a vehicle goes from $100 to $200, thats a 100% increase.

#34 of 1973 Re: Buffett [tlong] by berri

Feb 15, 2013 (5:53 pm)

Replying to: tlong (Feb 15, 2013 4:13 pm)
It's the next downturn that will really tell who is operating more successfully among all the makes.
 
That's certainly a valid point, although Buffett tends to be a longer term trader. Maybe on this one he's just looking at a trading opportunity though. However, GM shed a lot of crap off it's balance sheet in the BK and buffed up it's liquidity, so I'd almost be more concerned about Ford in that scenario right now. But unless the next downturn is severe, I think both will handle it much better than the recent distress.

#35 of 1973 Re: State of GM [ateixeira] by lemko

Feb 15, 2013 (6:08 pm)

Replying to: ateixeira (Feb 15, 2013 8:55 am)
Heck, the Avalon was nicer than the ES350! Too bad they had to go and uglify it this year.
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