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GM News, New Models and Market Share

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  • imidazol97imidazol97 Member Posts: 27,682
    >You keep bashing Honda and Toyota

    Just balancing out the GM bashing. ;)

    2014 Malibu 2LT, 2015 Cruze 2LT,

  • dieselonedieselone Member Posts: 5,729
    1,960 total posts about trans problems, out of 47,976 total posts overall. So Honda owners here spend about 4% of their time whining about trans issues.

    The Honda owners probably post from their Ipads while driving down the road, vs the Chrysler owner has to go home, wait for his 2600 baud modem to connect, then finally post a complaint. Most though, don't even have internet access;)
  • uplanderguyuplanderguy Member Posts: 16,906
    Again...I think it's only reasonable to ask...do these guys post as frequently in the Honda, Toyota, and Hyundai forums as they do here? I think Freud (or at least Dr. Phil) would have a field day analyzing that data.
    2024 Chevrolet Corvette Stingray 2LT; 2019 Chevrolet Equinox LT; 2015 Chevrolet Cruze LS
  • tlongtlong Member Posts: 5,194
    Yes, hopefully we are all having fun here.

    Or we wouldn't keep coming back for more! :surprise:
  • ateixeiraateixeira Member Posts: 72,587
    wait for his 2600 baud modem to connect, then finally post a complaint

    I'm an IT guy so that was particularly funny...

    :D
  • ateixeiraateixeira Member Posts: 72,587
    Sweet:

    http://www.autoblog.com/2011/08/17/chevrolet-targeting-50-mpg-with-diesel-powere- d-cruze/

    Could backfire - that could kill Volt sales.

    Highlights:

    will be a fuel-sipping sedan regardless of which trans is bolted to the engine

    based on an engine with 160 horsepower and 265 pound-feet of torque
  • circlewcirclew Member Posts: 8,666
    edited August 2011
    GM Bashes Itself. Not half as much as a few years ago but the true unbiased will post that GM has a long way to go before they remove the business viruses that remain alive and well. Dismissing continuing warning signs is what I like best! Proves that the OLD GM mentality is alive and well in and out of GM! Fleet sales, customer satisfaction, inventory builds...means nothing.....

    Problem is, looks can be deceiving -- and in GM's case, do deceive. You see, while it's true General Motors reported earning nearly $10 billion over the last 12 months, very little of these supposed "earnings" came in the form of cold, hard cash. Fact is, GM actually only generated about $929 million worth of real free cash flow over the past year. So while GM bulls may trumpet the stock's value at "less than a six P/E," I look at the stock, and see it costing something more like 44 times free cash flow.

    "Now wait just one cotton-pickin' minute..."
    I know what you're thinking. "Aren't you the Fool who told us last year that we could "get rich from the GM IPO"? And yes, I am.

    But remember, too, that when I wrote that last year, I was explaining how GM's shares were likely to rise in response to investors' mistaken perception that the company is more profitable than it truly is. How the IRS was coddling the company, and allowing it to take tax write-offs for losses incurred on its road to bankruptcy. How it could be years before the real GM began showing itself -- and how you might grab a quick "pop" on the stock, but shouldn't consider GM a long-term investment until it proved itself able to fix the problems that drove it into bankruptcy in the first place. Judging from what I see on GM's cash flow statement, however, that "fix" still hasn't yet been made.


    GM Upgrade?...Hmmmm...

    Neither a long term investment in GM stock nor a short-term investment in their products are appropriate at this time afaic.

    Regards,
    OW
  • imidazol97imidazol97 Member Posts: 27,682
    >Yes, hopefully we are all having fun here.

    The reality for me is that the "other" brands put their wheels on one lugnut at a time. They each have their blemishes, although there might be some nearly perfect examples out there. Usually the perfect examples exist more in an owner's memory than in reality--sort of like my parents who walked 10 miles to a one-room school in 10 feet of snow uphill all the way.

    Actually CircleW has me noticing Optimas on the road. I liked the previous style Optima along with the previous style Sonatas. They looked like the cars they were designed to be.

    The Optima shows a relationship to the Sonata, but the Sonata is too gussied up to suit my taste. I watched an Optima today on the way back from a mattress store across town; I see why Hyundai busied up the design. But I wouldn't kick an Optima out of my garage were I to win one. The Sonata I probably would sell straight out. (I can hope to win a car again. Long ago I said I'd never own another Ford. Then I won a Mustang Pace Car in a contest and I had to modify that to "I'd never _buy_ another Ford.")

    2014 Malibu 2LT, 2015 Cruze 2LT,

  • dieselonedieselone Member Posts: 5,729
    edited August 2011
    Could backfire - that could kill Volt sales.

    It could, but I see the Volt for the city dweller who want's to limit the use of gas and is willing to pay more for the that privilege. A diesel Cruze (like the Jetta TDI) is more ideal for the person with a long highway commute.

    But yeah, for many, it may hard to pony up nearly $40k when you can get something basically as nice and very efficient for $25k and is far less complex.
  • imidazol97imidazol97 Member Posts: 27,682
    I don't buy and sell based on Fools, nor on Cramer.

    2014 Malibu 2LT, 2015 Cruze 2LT,

  • imidazol97imidazol97 Member Posts: 27,682
    GM should sell the Volt for a loss as did another company which I'm not allowed to name and its vehicle. That would help establish the name a market spot.

    But if they did that, they would be open to criticism because of the company's current position in the market and the economy.

    2014 Malibu 2LT, 2015 Cruze 2LT,

  • tlongtlong Member Posts: 5,194
    Could backfire - that could kill Volt sales.

    Which Volt sales? :shades:
  • dieselonedieselone Member Posts: 5,729
    What's strange about the Volt is I rarely see any advertising for it, or at least I don't notice them anymore. Seemed a year before the Volt was launched GM pumped it up all the time. Now that it's actually being produced (I know in small numbers), it's like it doesn't exist.

    I did see a Volt on the hwy in Missouri back in June.

    Is GM making money on the Volt at current prices?
  • circlewcirclew Member Posts: 8,666
    Why don't you worry about the data that points to GM's lingering issues? Who cares about the competition's ills? GM has enough competition internally that should be the spot light here.

    The competition is improving faster than GM. GM is in catch-up mode. Like it or not. 2 years out of bankruptcy does not a healthy corporation make...particularly the size of OLD GM.

    I'll let you know when there are problems with my Mazda, Honda or Kia which I will post on their Issues forums. Check out my posts on the Yukon Problems forum. Glad that's over with! :shades:

    Regards,
    OW
  • andres3andres3 Member Posts: 13,938
    That further supports Lutz's tenets about blind love on the part of media and owners of their vehicle. Of course, it's hard for someone who chose their foreign vehicle to admit it has shortcomings.

    I don't think it's blind love by the media and owners of foreign vehicles. It is simple dollars and SENSE. Dollars and cents (& sense for that matter) is what GM lacked and why they went bankrupt.

    I don't see what is so hard to admit about a foreign vehicle having shortcomings. If anything, I think people are HARDER on a foreign vehicle because expectations are higher, and costs tend to be higher too.

    However, since you call it blind love, it is love nonetheless. Why couldn't America make vehicles worthy of being loved? No one was falling in love with what the Big 3 was producing, but Toyota and Honda had no problem finding lovingly loyal loving customers.

    Maybe if the Big 3 made lovable vehicles, they'd have some blind love too! Oh wait, they already do! :P It's just in too small of a group to sustain the company.
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • circlewcirclew Member Posts: 8,666
    Hope you win an Optima SX! Good Luck! ;)

    Regards,
    OW
  • circlewcirclew Member Posts: 8,666
    Which Volt sales?

    The other one! :blush:

    Regards,
    OW
  • andres3andres3 Member Posts: 13,938
    All this with a plastic gas tank that won't disintegrate after 15+ years.

    Don't know about that being an improvement. Had half of a sheared off buck knife blade stuck in the middle of the gas tank of my car about half of its half inside the tank. Happened a couple years ago and it was leaking!

    Have no idea how it got there, must of ran it over without seeing it while taking a turn really fast and compressed the suspension right over it or something. Can't help but think that the knife blade would have been repelled by a steel tank, rather than allow itself to be punctured all the way through and leak.

    Cost of repairs for a new plastic gas tank in an A3 = $1,650.00! Plus I lost about a full tank of gas, so add in another $45.00 (which the [non-permissible content removed] insurance company wouldn't reimburse me for). :sick:
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • ateixeiraateixeira Member Posts: 72,587
    I wouldn't kick an Optima out of my garage

    Funny thing is Kia has some small incentives, Hyundai doesn't. So the Kia would actually cost less.
  • ateixeiraateixeira Member Posts: 72,587
    Is GM making money on the Volt at current prices?

    It's hard to quantify the PR value, or the green halo, that such a model casts over them.

    The Cruze diesel ought to have a bigger impact on the bottom line and on their CAFE scores. All the Volts they sell may only offset a handful of pickups.
  • andres3andres3 Member Posts: 13,938
    I'm an IT guy so that was particularly funny...

    I went from a 2600 baud modem to a 14.4K baud modem but service was limited to 9600 when i first got it, but it seemed like it was cooking, even at 9600! I can't believe 56K isn't high speed!
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • dieselonedieselone Member Posts: 5,729
    I went from a 2600 baud modem to a 14.4K baud modem but service was limited to 9600 when i first got it, but it seemed like it was cooking, even at 9600! I can't believe 56K isn't high speed!

    Yeah, I remember those days. My 56k modem was usually limited to like 33k or something and often getting busy signals from Earthlink. I remember when my office got an ISDN line in like '96, woohoo!
  • Kirstie_HKirstie_H Administrator Posts: 11,242
    It would be fantastic if you'd post your Volt thoughts in our topic called
    Will the Chevy Volt Succeed?

    Not because it's inappropriate in this discussion, but because I'm trying to amalgamate thoughts about this vehicle's long-term appeal into something that might be report-worthy. We're watching the conversation about this vehicle, and keeping the discussion as "contained" as possible really helps!

    MODERATOR /ADMINISTRATOR
    Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
    2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
    Review your vehicle

  • ateixeiraateixeira Member Posts: 72,587
    Funny thing is I can tether my BlackBerry and use it as a modem, and I get 115K.

    So it's more than twice as fast as the best modems, and I still find it slow!

    Gimme 4G baby!

    To be on topic, uh, I want speed so I can surf Inside Line on my PlayBook and read this thread.

    OK, that was a stretch! :D
  • xluxlu Member Posts: 457
    Global vehicle sales in first half of 2011:

    GM: 4.5 million
    VW: 4.1 million
    Toyota: 3.7 million

    Link
  • kernickkernick Member Posts: 4,072
    I don't think the sales figures are much consulation to thoe who invested in GM. If you invested in GM during that time of becoming #1 in sales, you LOST about 25% of your $.

    You would have been much better off investing in IBM, which really got creamed in vehicle sales!
  • circlewcirclew Member Posts: 8,666
    Yep, IBM lost out in vehicle sales....lucky I'm still invested in IBM, though!

    GM...not at all! YTD DOWN 32.34%!! Investor Confidence matches customer satisfaction?

    Regards,
    OW
  • mz6greyghostmz6greyghost Member Posts: 1,230
    edited August 2011
    Cadillac ELR

    The concept is stunning! I just hope they don't "dull" it down too much for production.

    The Converj previously had been approved for production, according to GM's then-Vice Chairman Bob Lutz in early 2010, although Cadillac declined to confirm Lutz's statement to the Society of Automotive Analysts. Two months later, widespread rumors within the industry said the project had been killed because a successful business case could not be made for production.

    And once again, Lutz wanted to try something different, and GM said no. Now that he's out of the picture, GM suddenly says yes? Imagine if they'd listen to Lutz from Day One (back in '01)...
  • anythngbutgmanythngbutgm Member Posts: 4,277
    edited August 2011
    That looks fantastic.

    But I predict a pricetag of 60 grand easily...

    Wonder if it will recieve the same criticism (It's a tarted up Chevy) from GM fans that the Lexus HS250 recieves.

    Doubt it. :sick:
  • anythngbutgmanythngbutgm Member Posts: 4,277
    edited August 2011
    "Government Motors Co. says a class-action suit complaining that GM fixed rear-end problems on police versions of 2007-08 Impalas, but not those owned by some 400,000 other drivers, should be thrown out."

    "New GM said it only agreed to warranty obligations of cars assembled before 2009. "New GM did not assume liability for old GM's design choices..."

    :lemon:
  • ateixeiraateixeira Member Posts: 72,587
    GM didn't beat Toyota, Mother Nature did.
  • ateixeiraateixeira Member Posts: 72,587
    The concept is stunning!

    I agree 100%, it would be GM's best looking vehicle, period.

    I like the CTS-V coupe and wagon, and this sort of picks up where those leave off.

    Plus, it would be easier to justify the lofty price tag with all that tech under a Cadillac instead of a Chevy.

    Hopefully they can price it in the low $50s, get the net price (after the $7500 credit) down to around $45k.
  • lemkolemko Member Posts: 15,261
    Heck, back then you could have seen me going for a loaded Caprice Classic but more likely a Cadillac Fleetwood Brougham or Sedan DeVille as it still had the decent 425 V-8.
  • lemkolemko Member Posts: 15,261
    edited August 2011
    I recall the aggressive exhaust note on your LeMans and the Fifth Avenue sounds like a Hemi. Today's exhaust notes are almost apologetic even though the engines are a lot more powerful than in 1976 and 1979.
  • lemkolemko Member Posts: 15,261
    edited August 2011
    I don't buy and sell based on Fools, nor on Cramer.

    image

    This guy's a stock expert?
  • lemkolemko Member Posts: 15,261
    Wow, look at VW! Wonder if much of that is due to China?
  • imidazol97imidazol97 Member Posts: 27,682
    edited August 2011
    >This guy's a stock expert?

    He's as good as the other idiots.

    image

    Actually, I meant this idiot:

    image

    2014 Malibu 2LT, 2015 Cruze 2LT,

  • ateixeiraateixeira Member Posts: 72,587
    http://www.autoblog.com/2011/08/18/2012-chevrolet-orlando-first-drive-review/

    I think that would slot neatly below the Equinox, even if they got rid of the 3rd row for the US model.

    They're probably afraid it would cannibalize the 'nox, but I like it, and think they should reconsider.
  • dave8697dave8697 Member Posts: 1,498
    wouldn't it be accompanied by a car loan for $25k?
  • fezofezo Member Posts: 10,386
    edited August 2011
    I'm with you on the Orlando! Aren't they going to have something to be the Cruze wagon in the way that the HHR was the Cobalt wagon? (I still like the HHR....)
    2015 Mazda 6 Grand Touring, 2014 Mazda 3 Sport Hatchback, 1999 Mazda Miata 2004 Toyota Camry LE, 1999.
  • ateixeiraateixeira Member Posts: 72,587
    Crossovers sell better and bring in more money than wagons, so the Orlando would make a lot of sense.

    If they do make a Cruze diesel, we could eventually see an Orlando diesel here. What was it, 260 lb-ft? 50mpg would drop to 45 or so. I could tolerate that, LOL
  • ateixeiraateixeira Member Posts: 72,587
    The Eco starts at $20k, so figure they add $2k for the turbo diesel powertrain, and the Cruze TDI could come in at around $22k for starters. That's if they don't bloat it up with options.

    The Eco model even has a $995 stand-alone Navi option, so imagine a diesel with Navi for around $23k. It would undercut hybrids like the Civic and Prius by quite a bit.
  • circlewcirclew Member Posts: 8,666
    edited August 2011
    Nice. Here is the Complaints here in the USA. GM is still the Leader.:sick:

    image

    Regards,
    OW
  • andres3andres3 Member Posts: 13,938
    Complaints to who? Doesn't surprise me one bit that GM leads the pack.
    The big 3 have a notorious history of generating a lot of complaints.

    Does complaining about accelerator pedal misapplication count as a complaint?

    You know, the car should prevent my driver error!
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • ateixeiraateixeira Member Posts: 72,587
    edited August 2011
    pedal misapplication count as a complaint?

    I'm sure it does. The hype faced and numbers plunged. Same with NHTSA complaints, BTW.

    For Ford, I think the numbers went up because people haven't figured out Sync quite yet.

    I don't think this is very meaningful, consumers whine a lot.
  • greg128greg128 Member Posts: 546
    If those figures are total number of complaints, then they are not at all surprising given the fact that GM sells the most vehicles. Also given the total amount of vehicles sold per year those numbers are tiny.

    Also are these complaints for only new cars or all cars including used?
    What is the source?
  • circlewcirclew Member Posts: 8,666
    What is the source? Ask Edmunds. They are complaints from customers who purchased cars NEW!! This has NOTHING to do with you. Just GM as a business.

    In further News around the Automotive World, it seems like GM has shot it's load in terms of advantage from the Japan Disaster.

    image

    Though Toyota and Honda seem to be turning the corner on their supply issues, they’re doing so slowly… and Detroit seems powerless to capitalize on the opportunity. With the Detroit firms projected to lose between one and six percent of their July retail volume, the window for an assault on Toyota and Honda seems to be closing. Volkswagen, Toyota, Hyundai and Nissan appear to be picking up the momentum now, suggesting that the rest of this year could continue to see some broad, multi-manufacturer competition. On the other hand, there could be room for everyone to grow in this market as Edmunds’ Jeremy Anwyl notes:


    the odds of an upward sales bump in September and October seem to be increasing.

    Regards,
    OW
  • circlewcirclew Member Posts: 8,666
    edited August 2011
    Sound a little like UA Toyota-Like Response from the King of Un-Quality?

    The Detroit News’s David Shepardson reports that GM has requested the dismissal of a lawsuit alleging rear-suspension problems on 2007-8 model-year Impalas, on the grounds that

    “New GM did not assume liability for old GM’s design choices, conduct or alleged breaches of liability under the warranty, and its terms expressly preclude money damages,” the response says.

    The suit “is trying to saddle new GM with the alleged liability and conduct of old GM.”


    The suit alleges that GM issued a service bulletin for police-fleet 2007-8 Impalas, which were eating through rear tires due to faulty spindle rods. In that bulletin, GM instructed its dealers to replace the rods as well as rear tires, where appropriate. But GM argues that police versions are different than civilian models, and has not issued a bulletin for regular-duty Impalas… and now, on top of it all, its arguing that the “new” post-bailout GM “only agreed to warranty obligations of cars assembled before 2009.” As many as 400,000 Impalas could be affected by the spindle rod issue (which GM says is a manufacturing problem, not a design defect), which could cause rear tires to wear out in as few as 6,000 miles. And despite the clear evidence that GM knew about the problem and fixed police-fleet versions, the bailout liability dump defense could just work: at least one lawsuit (regarding OnStar failure) has already been dismissed on the grounds that New GM is not liable for Old GM’s mistakes. The bailout, it seems, is the shafting that just keeps on shafting…


    So, to all the PAST customers of Old GM.... :P

    Regards,
    OW
  • dieselonedieselone Member Posts: 5,729
    New GM did not assume liability for old GM’s design choices, conduct or alleged breaches of liability under the warranty, and its terms expressly preclude money damages,” the response says.

    But the new GM had no issues with keeping the old GM's tax credits. Funny how that works.
  • circlewcirclew Member Posts: 8,666
    But the new GM had no issues with keeping the old GM's tax credits. Funny how that works.

    Yes, hilarious!

    Regards,
    OW
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