Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/25 for details.
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/25 for details.
Options
General Motors discussions
This discussion has been closed.
Comments
And the Winner IS...
2014 Malibu 2LT, 2015 Cruze 2LT,
-Rocky
Not only the greatest automobile General Motors, ever built but perhaps the greatest car ever built by any automobile manufactor ???
-Rocky
Or the one a local builder recently posted: "the deal of the century!" Of course, we're only into the eighth year of this century.
Greatest?
1961 Jaguar E-type
1955 Chevy Bel Air V8
1955 Chrysler 300
'32 Ford Duece Coupe
'63 Corvette Sting Ray?
You see where I'm going with this?
1961 Jaguar E-type
1955 Chevy Bel Air V8
1955 Chrysler 300
'32 Ford Duece Coupe
'63 Corvette Sting Ray?
You see where I'm going with this?
Umm, they might of been great in their day but compared to what we have today they are POS's. Especially when compared to a SUPER car like the 2009' CTS-V.
Maybe the 2009' CTS-V's new slogan should be "Lead, follow or get out of the way." :P
-Rocky
The point I'm trying to make is not only am I shocked at how cool this new "V" is but how much attention to detail Cadillac, took to make sure it was absolutely perfect. This is the Curt Hennig, of automobiles !!!! :shades:
-Rocky
2014 Malibu 2LT, 2015 Cruze 2LT,
-Rocky
-Rocky
No as far as mass produced obtainable cars, the CTS/CTS-V looks sweet and seems to be a great car. Best ever or best looking, not a chance.
-Rocky
Like dieselone, I'm not saying the CTS isn't a fine car. It's a very nice effort, certainly. But "best ever?" Wasn't the 1995 Aurora by Oldsmobile similarly praised? Does anyone celebrate it now?
WASHINGTON -- Delphi Corp. is holding meetings with lenders in New York and London this week in an effort to borrow up to $4.5 billion to exit bankruptcy, again reducing the refinancing it's seeking in this turbulent credit market.
Raising money is the last major step the company must take to exit bankruptcy by March.
The Troy-based auto supplier said Wednesday it has reduced the amount it wants to raise in exit financing by $700 million, to $4.5 billion. It hopes to have the money in place before a Jan. 17 hearing to confirm its reorganization plan.
It already had reduced its offering once before, from $7.2 billion to $5.2 billion earlier last year.
Delphi and its bankers -- J.P. Morgan Securities Inc. and Citigroup Global Markets Inc. -- met with potential lenders in New York Wednesday and were to meet in London today.Delphi said it will use the loans to pay off debts.
The company said it was able to reduce the amount it was seeking in exit financing because of improved operating performance and lower capital expenses in 2007.
Delphi is offering a $3.7 billion loan at a discount, reportedly 96 cents on the dollar. Delphi also is offering a second-tier loan of $825 billion.
Separately, Delphi is seeking an asset-back revolving line of credit line worth $1.6 billion that it can use if necessary.
Delphi execs give depositions
The bankruptcy court is scheduled to decide today whether to allow Delphi's creditors and shareholders on its statutory committees to participate in exit financing, an unusual request because some, including the U.S. Trustee, said it raises conflict of interest issues.
Delphi noted "the chief remaining step" it must take is to get financing "in what is a very turbulent financing marketplace."
Delphi argued that it should allow its creditors and shareholders on its committees to participate since nearly all of the information about the company's future plans is in the public domain.
The U.S. Trustee opposed the request Wednesday.
"The exit lenders will try to exact as many concession as possible from (Delphi) in light of the tight credit market, but the statutory committees should concentrate on obtaining the most favorable terms for Delphi," wrote Alicia Leonard, an attorney for the U.S. trustee.
Delphi's reorganization hearing could last several days as U.S. Bankruptcy Judge Robert Drain hears objections. Before the hearing, objectors will get to question company executives and others. Delphi's executive chairman Robert S. "Steve" Miller will submit to a deposition Monday in New York. The company's chief restructuring officer, John Sheehan, will give a deposition Tuesday.
One issue the company's unions are likely to raise is Delphi's plan to pay its top 560 executives $240 million in bonuses and other compensation when the company emerges from bankruptcy. Delphi also plans to pay Miller an $8.3 million bonus and the company's CEO Rodney O'Neal $5.3 million, along with an initial $10 million grant of stock and options.
Delphi has already spent more than $320 million on legal, consulting and accounting fees since filing for bankruptcy protection in October 2005.
http://www.detnews.com/apps/pbcs.dll/article?AID=/20080110/AUTO01/801100351/1148-
-Rocky
Are you referring to the Aurora ???? That car was awesome. Alot of folks didn't like its styling though.
-Rocky
-Rocky :shades:
However, the Aurora's basic problem was that with FWD and too much weight on the front end, handling was never going to rivial that of a BMW. My current AWD SRX handles way better than any of the FWD's that I have owned recently (the last was a 2002 Seville).
-Rocky
The CTS could use the magneride on the FE3 suspension, which is too stiff for normal roads (roads that are not new and have rough spots). If the ride stiffness could be selected manually that would be better too. I think the FE3 suspension is probably intended more for track use than normal highway use.
Isn't 2010 when we'll also see the new Corsa sold here?
62' the Riveria, looks pretty cool !!! :shades: Just wished the Velite grill would of been expanded to a coupe/convertible. :sick:
Maybe the Riveria, will see production ??? I guess if someday I want a hard top convertible their is hope for a CTC-V convertible. :shades:
-Rocky
Next Production Buick is the LaCrosse. Wait and see!!
GM Style is Saturday night, Jan. 12 from 8 to 9 p.m. You can watch a live webcast of the event, which features some of today’s hottest entertainment celebrities along with the world debut of several GM global concept and production vehicles, on http://gmtv.feedroom.com. This program will not be rebroadcast.
The GM Fuel Solution Press Conference will take place on Sunday, Jan. 13 from 11:25 a.m. to noon. You can watch a live webcast of the entire press conference, which will include a reveal of the FlexFuel capable HUMMER HX concept and the Saab 9-4X crossover concept, on http://gmtv.feedroom.com. Highlights of this event will be rebroadcast a few hours after the live event.
Watch Cadillac and Saturn Press Conferences on Satellite TV Monday
On Monday, Jan. 14, GM will grab media attention at two different press conferences at the North American International Auto Show.
The Cadillac Press Conference is on Monday at 9:05 a.m.
Four Cadillac concept and production vehicles will premiere at the event. In addition, Cadillac will showcase some of the advanced technical developments and new designs that will shape the brand’s product portfolio in the next several years.
The Saturn Press Conference is on Monday at 12:35 p.m.
Three Saturn product reveals will emphasize the brand’s aggressive roll-out of new products and innovative technology.
In its latest effort to revive the historic but struggling Buick brand in the U.S., General Motors Corp. is showing off the Riviera coupe concept vehicle the auto maker unveiled at the Shanghai auto show last year.
GM was set to show the vehicle at an event Thursday in Detroit, just a few days before the North American International Auto Show kicks off in Detroit. Though a concept and not necessarily slated for production as presented, these vehicles often show the direction of future design for the nameplates.
GM is scheduled to start selling a refreshed LaCrosse sedan in the near future, and its design likely will take cues from the Riviera, a curvy coupe with a pronounced front end and doors hinged at the roof.
It may be fitting that the latest design direction for Buick comes from GM's studio in China, a joint venture with Shanghai Automotive Industry Corporation. Buick is a powerhouse brand in that country and a status symbol, and GM sold 332,115 of the vehicles in China in 2007, compared with 185,791 in the U.S.
The studio in China will work closely with its North American colleagues on future Buicks, said GM spokesman Michael Albano.
"Buick is huge in China," he said. "They have a good understanding of what a Buick should be.
By contrast, GM is trying to shake Buick's stodgy image in North America.
The strategy to combat that is to offer fewer, fresher vehicles that better appeal to American buyers. GM is phasing out a number of Buick models, including the Rainier and Rendezvous SUVs and Terraza minivan.
Instead, it is focusing on fresher products such as the Buick Lucerne sedan and Buick Enclave crossover utility. The Enclave was considered a success during its debut in 2007, with 29,286 vehicles sold. The Lucerne lost some steam after its debut in late 2005, as sales in the U.S. slipped 14% to 82,923 in 2007,
Buick sales overall were down nearly 23% to 185,791 in the U.S. in 2007, though much of that was from cutting back on its models and selling fewer cars to rental fleets. GM in general has scaled back sales to rental-car companies, as those sales are less profitable than sales at dealerships and tend to damage the perception of the vehicles among consumers.
Turning the Buick brand's image around still is a challenge, and GM is doing it at a time of increased competition.
Buick is a profitable brand for GM, but the auto maker is trying to improve margins in the U.S. by merging the brand's dealerships into a Pontiac, Buick and GMC "channel," where dealers will sell all three nameplates at a single outlet.
That reduces the need to build vehicles simply to "fill the channel," as Chief Executive Rick Wagoner once put it.
And with the Riviera concept as a guide, GM hopes new Buick models in the U.S. will carry some of the same cachet they have in China.
Toyota crossed the finish line last year with sales even better than forecast, upping the pressure on General Motors in the race to be the world's biggest automaker.
Global sales at Toyota climbed 6 percent to a record 9.37 million vehicles in 2007. The official figure, released today, beat last month's outlook for sales of 9.36 million.
GM has not released sales results, but trends suggest Toyota will pass it this year or next.
I thought the Astra got pretty good mileage? They could make a cheaper model but cutting out features (although I doubt they will), but I don't see how they can improve mileage much without cutting performance back to an unacceptable level.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Does anybody know if there is parity for diesels versus hybrids as regards tax breaks. I have never understood why diesels have been ignored here when they have been providing hybrid level economy with performance for at least 20 years.
Europeans drive manuals and I would love to see a chart of weight distributions for the average European and American families. I am sure a car in the US is much more likely to be loaded up with a 300lb Pa, 200lb Ma and two 150lb kids than in Europe and so engine performance levels needed to guarantee safe on road behaviour are necessarily higher. Add an auto transmission into the mix and the market segment for the Astra just shrunk to those who are slim, drive stick, have no kids and don't like to put their foot down.
Basically, they need to put a turbo in that baby if it is their only engine choice.
So no TV channel 62vetteefp ??? So get on gmtv webcast to see you at that time ??? Okay that's going to be cool seeing somebody I know. :shades: I might not see you because I might be checking out the blonde !!! :P
-Rocky
That's good !!!! :shades:
That reduces the need to build vehicles simply to "fill the channel," as Chief Executive Rick Wagoner once put it.
And with the Riviera concept as a guide, GM hopes new Buick models in the U.S. will carry some of the same cachet they have in China.
Just hope we build ours here !!!
-Rocky
-Rocky
I bet in the real word a 5 speed Astra can do the same.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Take a Sneak Peek at the Saturn VUE Green Line 2-Mode Hybrid
Even though the Saturn VUE Green Line 2-Mode Hybrid will be officially unveiled next week at the North American International Auto Show in Detroit, the brand is giving an advanced look at the world’s most fuel-efficient V-6 SUV.
The VUE Green Line 2-Mode Hybrid will deliver an estimated 50-percent fuel economy increase over the non-hybrid V-6 VUE and is expected to have a driving range of more than 500 miles. Production is slated to begin in late 2008. Click here to take a sneak peek.
http://web17.streamhoster.com:80/ddc/GM/eNews/20080111/2009_vue.jpg
The 2008 Chevrolet Malibu is turning heads and driving customers to visit their local dealerships in gratifying numbers. Ed Peper, Chevrolet general manager, addresses Malibu’s success in a letter to all GM North American employees. Peper states:
I am very happy to report that Malibu continued its strong sales pace during the month of December . Malibu retail sales were up 99 percent versus the same month last year. Dealers continue to clamor for additional product to help meet the overwhelming demand.
The reaction to the vehicle from the automotive media, dealers and most importantly, consumers has been phenomenal. Accolades have been pouring in from across the country. One of my personal favorites came from a consumer in Lemon Grove, California, who said: “I was looking to replace my 2005 Toyota Camry which was coming to the end of its lease and was about to get another Toyota. I saw an ad for the Malibu so I went to the dealership to check it out. About two weeks later I drove my own 2008 Malibu off the lot! This is my first GM vehicle and I really love this car!”
-Rocky
On a side note I was hired today at a Chevy dealer so you guys better continue to give me some good stuff to sell. When are you going to bring me a 2-Mode Hybrid Malibu to sell ???? Those baby's would be hotter than Jessica Simpson, im a pair of Daisy Dukes !!!! :shades:
-Rocky
I unfortunately did not get a chance to see you pal. I had some important personal issues to take care of last night thus I couldn't be by the computer at that time.
-Rocky
other side of the factory floor on how to repair Saturn Aura
panels..........
other side of the factory floor on how to repair Saturn Aura
panels..........
Thanks dinof !!!
Well I can assure you that you would be treated differently here in Western MI.
Any luck or new news on the Aura panel issue ?
-Rocky