GM News, New Models and Market Share

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Comments

  • bumpybumpy Member Posts: 4,425
    F-series was about 3.3% rental sales lately, and about 23% fleet overall.

    Fleet sales aren't inherently bad, but what gave them a bad reputation was the domestics' habit of using them as a near/at/below-cost dumping ground for vehicles the general public had largely rejected.
  • bumpybumpy Member Posts: 4,425
    Some avail. Malibu was 5th in retail sales for mid-large sedans last year. Fusion was a bit better, Altima was 50% better, and Accord and Camry were over 2.5 times larger. Malibu was also bested in retail by Civic, Corolla, Prius, and Focus.

    Hyundai's capacity constraints are the only thing that might keep Malibu ahead of Sonata and Elantra this year.
  • fezofezo Member Posts: 10,386
    Those quick rental flips is what was the killer on fleet sales. It made anyone with half a brain buy year old instead of new because of the depreciation hit.

    Sometimes I think GM had the right idea with having rental only models - the Classic, which was actually a generation back Malibu. Maybe they should make Bel Airs (Impalas for fleets).
    2015 Mazda 6 Grand Touring, 2014 Mazda 3 Sport Hatchback, 1999 Mazda Miata 2004 Toyota Camry LE, 1999.
  • anythngbutgmanythngbutgm Member Posts: 4,277
    They did this back in 2004 or 2005 (whatever year the new generation came out) by selling the 98 Rentibu (the one that won COY) and even still 60% of the classics made it to fleets and 30+% of the then-new Rentibu still went to fleets.

    Word is the Cobalt rentacar will be relegated to fleet duty when the Snuze comes out.
  • anythngbutgmanythngbutgm Member Posts: 4,277
    Thought Buick was running away with it all in China...

    "China’s Top-Ten Selling Sedans In July"

    1. VW Jetta
    2. VW Santana
    3. VW Lavida
    4. Buick Excelle
    5. Honda Accord
    6. Hyundai Elantra Yuedong
    7. BYD F3
    8. Toyota Camry
    9. VW Bora
    10. Toyota Corolla
  • andre1969andre1969 Member Posts: 26,097
    Thought Buick was running away with it all in China...

    I think Buick in general is viewed as more of a prestige brand in China, versus a mass-market. If you look at the top ten sales chart for the US, even if you factor out trucks and SUV's, you're still probably not going to see too many Benzes, Lexuses, BMW, Cadillacs, etc on that list.

    The Buick Excelle, however, is just a rebadged Suzuki Forenza, which I think is a Daewoo design. Dunno if I'd call that prestige. It's actually not a bad looking little car, but, IMO, not what a Buick should be.
  • anythngbutgmanythngbutgm Member Posts: 4,277
    OUCH

    :sick:
  • dieselonedieselone Member Posts: 5,729
    edited August 2010
    Well I think it's a no brainer the the average retail investor will be wise to stay away from GM stock for a while. Let the big money guys trade it for a while and I want to see a few 10Qs before I'd begin to invest in GM, even then I'd probably be more interested in the preferred shares.. There areto many other companies worth investing in and many pay a nice dividend. If I was going to invest in a domestic automaker, it would be Ford.
  • andre1969andre1969 Member Posts: 26,097
    If I was going to invest in a domestic automaker, it would be Ford.

    Yeah, tell me about it. :sick: If I'd thrown everything I had into it at the market bottom back in late '08/early '09, I'd be thinking about early retirement right now. Well, I mean, seriously, thinking about early retirement, rather than just daydream about it! :shades:
  • dieselonedieselone Member Posts: 5,729
    You and me both.
  • fezofezo Member Posts: 10,386
    VW Santana? They got to change their evil ways.....

    When I was in China in 02 Jettas were everywhere.

    The thing I find interesting on all the GM IPO comments are the ones complaining that Obama ruined their stock. Their stock was dead. Left alone they might have gotten 23 cents for what at one point had been 10 grand worth of stock.
    2015 Mazda 6 Grand Touring, 2014 Mazda 3 Sport Hatchback, 1999 Mazda Miata 2004 Toyota Camry LE, 1999.
  • andre1969andre1969 Member Posts: 26,097
    VW Santana? They got to change their evil ways.....

    LOL...I was thinking it. Glad someone else said it!
  • berriberri Member Posts: 10,165
    Just as I feared, politics and upcoming elections are driving the GM IPO. The consensus number I see thrown around is that GM must get at least $67B out of it for the govt to break even. Ford is currently capitalized around low to mid 40's. The market is into its fall doldrums already. I also read that GM will be including preferred shares which are to be used for internal financing needs that will probably have a dilutive effect on the common shares being used to pay off the gov and other debtors. I see the taxpayers (and already screwed over bondholders) pulling down their shorts and taking it in ... Smarter timing would have yielded a better result, but now I doubt Uncle will even get close to break even.
  • dieselonedieselone Member Posts: 5,729
    This is from USA Today in regards to researching GM's IPO documents.

    Accounting problems. The filing includes an admission that GM can't keep track of its money. GM said that as of June 30, "we concluded that our disclosure controls and procedures were not effective at a reasonable assurance level because of the material weakness in our internal control over financial reporting..." Thus, you might not be surprised to learn, GM can't promise to "report accurately our financial condition and results of operations in the future in a timely and reliable manner..."

    Comical, how are you suppose to evaluate the value of a company when they admit their financial reporting is correct. Sounds like a government run organization to me.
  • circlewcirclew Member Posts: 8,666
    And then you think they can produce great cars? :mad:

    Unbelievable!

    Regards,
    OW
  • xrunner2xrunner2 Member Posts: 3,062
    On looks, I'll take the Cruze over the Focus. Would be interesting to see a comparo styling review by Bob Cumberford of Automobile Magazine.

    Cruze has better front end styling. Focus grille openings inelegant. Also, roof line of Cruze flows smoothly to rear while Focus rear quarter looks choppy. Rear quarter side of Focus looks lumpy while Cruze flows smoothly.

    Focus styling might be appealing to very young people in early 20's who like boy-racer look as Andre puts it. Cruze will appeal across all age groups.
  • xrunner2xrunner2 Member Posts: 3,062
    It would be nice if all auto makers stopped the "corporate face" or whatever you wanna call it.

    Corporate or individual brand name? There is nothing wrong with consistency of look over the decades. Look at Cadillac. The front end of current models can be traced back 50, 60 years. Succesful auto companies from Germany, such as Mercedes, BMW, Audi, Porsche keep their look (front end) over decades. Maybe Audi has ventured a little from its look of years' back.
  • dave8697dave8697 Member Posts: 1,498
    That was then, this is now.

    So you are saying that Malibu has surpassed many competitors and non-competitors and now only 4 cars are ahead of them. That is exceptional progress.
  • dieselonedieselone Member Posts: 5,729
    So you are saying that Malibu has surpassed many competitors and non-competitors and now only 4 cars are ahead of them. That is exceptional progress.

    It is, I think it's way better than the model it replaced and it can be legitimately be considered competition to any car in the class.
  • carguy999carguy999 Member Posts: 9
    The last GM vehicle I purchased (and which I still own) was a 2005 Chevy Malibu. Like many other Malibu owners, I have experienced problems with a "popping" noise in the steering due to a defect in the intermediate steering shaft. Two attempts by my dealer to fix the problem have worked for only a short period of time. I am now told that GM has apparently been unable (and maybe unwilling) to devise a permanent fix and, furthermore, will not pay for repairs once a vehicle is out of warranty.

    Yesterday I received a letter from Chevrolet about the possibility that the 2005 Malibu may lose its power steering assist at any time with no warning -- possibly, for example, when you're in the middle of an emergency manuever at high speed to avoid an obstacle on a freeway. Needless to say, this offer to pay for repairing a problem that GM already knows exists only after it happens is completely unacceptable. To me, it shows an appalling disregard for the safety of their customers, and it shows that GM simply does not care about customer satisfaction.

    I have purchased a number of GM vehicles over the past 25 years, but I do not plan to consider any GM product when I go car shopping in the future.
  • circlewcirclew Member Posts: 8,666
    I have purchased a number of GM vehicles over the past 25 years, but I do not plan to consider any GM product when I go car shopping in the future.

    I feel for you. Join the Club! ;)

    Regards,
    OW
  • tlongtlong Member Posts: 5,194
    So you are saying that Malibu has surpassed many competitors and non-competitors and now only 4 cars are ahead of them. That is exceptional progress.

    Yes, it is exceptional progress FROM WHERE THEY WERE.

    It is an embarrassment as an American that it took 30 years to get this much improvement.
  • circlewcirclew Member Posts: 8,666
    Embarrassing and HORRIFYING! To think there are some that support the failed legacy as something that must be supported "to the death" just boggles my mind.

    Whatever Ford did to elude the dreaded Bankruptcy Government Style was worth it's weight in GOLD. The Other 2 are mockeries of the USA. Period, The End.

    image

    Regards,
    OW
  • anythngbutgmanythngbutgm Member Posts: 4,277
    edited August 2010
    "GM Sales Slipping in August"

    Crank up those fleet sales and Incentives!!! :P
  • berriberri Member Posts: 10,165
    "Needless to say, this offer to pay for repairing a problem that GM already knows exists only after it happens is completely unacceptable."

    That sounds so government-ese!

    I admit that I was swallowing the Kool-Aid in the media and thought GM had really turned some corners, so I began following the threads on the new Equinox. It seems like a very nice vehicle and something we were interested in maybe buying next year. But now it is beginning to sound like history may be repeating itself, back to the reasons I stopped buying GM products years back. People really like the vehicle initially, but then after awhile those electronic gremlins and the like seem to start appearing and GM and their dealers don't seem to able to fix them satisfactorily. See some similar stuff in the new Buick threads. Very sad!
  • anythngbutgmanythngbutgm Member Posts: 4,277
    edited August 2010
    I agree as well, I've read the same things... :sick:

    My (one of my few) positive lied in the latest SRX (even with the dog engine choices) which looks a lot better inside and out than the Lexus RX it is competing with IMO. But after a coworkers complete lemon I cannot believe such a pile of garbage would roll off the line like that... Gawd aweful. No surprise to me when I saw a local Lincoln dealer already has 2 used ones on his lot for sale.

    To be fair, it is one of the many "foriegn" GOVERNMENT MOTORS products built in Mexico, so I wouldn't expect the greatest quality right out of the gate... :sick:
  • dave8697dave8697 Member Posts: 1,498
    222 reviews on the 2010 Equinox on here rating it a 9.0 cumulative average. That is a very high score. There is absolutely NO mention of electrical OR ANY other gremlins in any of the dozens of them that I scanned through.

    People really like the vehicle initially, but then after awhile those electronic gremlins and the like seem to start appearing and GM and their dealers don't seem to able to fix them satisfactorily

    Berri, can you back this up with links?

    The worst comment I saw was one delivering 24 combined mpg on regular with ethanol from a 2.4 liter. I do slightly more city driving than the complainer with a similar drivetrain in a lighter 4 dr car and get 26-27 mpg combined without ethanol. I avoid walmart gas because of the ethanol reduces mpg by 10% but doesn't save you 26 cents a gallon at the pump. Maybe 2 cents saved. BP gives me 5% rewards and so I get a $25 BP rewards card every month or two in the mail. Sometimes I wait a few months and get 4 of them at once.
  • smarty666smarty666 Member Posts: 1,503
    Dave, I don't think he it talking about those cumulative initial review scores. He is talking about all this BS in the actual Equinox discussion thread here about all the problems people of the new Equinox are having. I think that is what he is talking about.

    terex, "2010 Chevy Equinox Problems" #521, 20 Aug 2010 7:39 am

    roho1, "2010 Chevy Equinox" #501, 1 Aug 2010 2:00 am
  • cooterbfdcooterbfd Member Posts: 2,770
    Smarty, those 2 posts seem to be more programming issues than an actual mechanical (or defective electronics) issues.
  • smarty666smarty666 Member Posts: 1,503
    I didn't read through the entire posts since they are so long, but there were a couple of electronic glitches I remember reading about in the couple of pages I read through!
  • uplanderguyuplanderguy Member Posts: 17,006
    Boy, all the Edmunds posts about Honda Odyssey transmission issues, Toyota recalls, and Camry trans issues from a couple years back aren't making any of the import-lovers admit to taking a step back.
    2024 Chevrolet Corvette Stingray 2LT; 2019 Chevrolet Equinox LT; 2015 Chevrolet Cruze LS
  • uplanderguyuplanderguy Member Posts: 17,006
    Apparently 2011 Sonata owners are also having some issues:

    http://townhall-talk.edmunds.com/direct/view/.f1cc229
    2024 Chevrolet Corvette Stingray 2LT; 2019 Chevrolet Equinox LT; 2015 Chevrolet Cruze LS
  • circlewcirclew Member Posts: 8,666
    Undercoating? I WISH that was my only issue with my GMC.

    Downshifting on an automatic a problem? OMG!!

    The only issue I see is the stalling on the one owner.

    You keep your eye out on the Sonata...I'll watch the Regal! ;)

    Regards,
    OW
  • smarty666smarty666 Member Posts: 1,503
    Listen, I wasn't the one making the statetment that he couldn't find any issues with the new Equinox. I simply just posted the links showing that there are. Some are do to recalls or TSBs, other are not. I wasn't trying to just single out the Equniox, b/c GM is not soley alone in this kind of stuff. All the automakers have unacceptable amounts of recalls, TSBs, glitches, problems, etc in their first or second model year, whether they are foreign or domestic in origin.

    I personally can't figure out why there are still so many glitches at this level of manufacturing and technology we can't get almost everything solved in the initial manufacturing/engineering of a vehicle. To me, it has to do with too many cost cutting materials, parts, etc and the ridiculous use of cheap plastics inside and outside cars now a days. Even once resepected luxury and non-luxury automakers for quality I've seen begin cutting corners in quality over the last few years. Very sad in deed.

    The only difference between quality in all the automakers now is who does the best job of hiding their cheap plastic crap in their vehicles compared to the others.
  • andre1969andre1969 Member Posts: 26,097
    Downshifting on an automatic a problem? OMG!!

    That's one of those things that would probably annoy me at first, simply because I'm not used to it. But then once I got adjusted, and drove a car that didn't noticeably downshift when slowing down, I'd be like WTH is wrong with this thing!

    The only issue I see is the stalling on the one owner.

    I wonder if that could be the camshaft or crankshaft position sensor? I had that problem with my 2000 Intrepid a couple years back. It wouldn't necessarily stall out at traffic lights, although it did die at a stop sign once. It was more of a random occurrence though. At first it would just stall the car, and then I could start it right back up, but then it got more and more common, and harder to re-start.

    Another remote possibility, I guess, could be the lockup torque converter? I remember years ago, my grandparents' '85 LeSabre would sometimes stall out when slowing down, or at least start bucking and hesitating, and you'd have to feather the gas pedal to make it kick down, or just shift into neutral and then back to drive. It turns out it was just a switch that kept the converter from unlocking when it needed to.

    Stalling problems can be extremely irritating, and frustrating to track down. That's usually when I really start wanting to get rid of a car, when it keeps stalling out and the source of the problem is hard to find.
  • dieselonedieselone Member Posts: 5,729
    edited August 2010
    I had a downshift problem with my expedition when i got it. If i briefly stopped or rolled through a stop sign sign at few mph it would stay in 2nd gear. It was very annoying, but thankfully fixed with a reflash.
  • anythngbutgmanythngbutgm Member Posts: 4,277
    My wifes Outback did this too. Come to a stop light and right before it came to a stop, it would downshift and give a brief acceleration.

    Fixed with a reflash. Runs like a champ.
  • lemkolemko Member Posts: 15,261
    Sometimes it's an easier fix than that. I had a stalling problem on my Mercury Grand Marquis and it turned out to be #4 coil pack. Funny, I wasn't getting a Check Engine light.
  • andre1969andre1969 Member Posts: 26,097
    Funny, I wasn't getting a Check Engine light.

    When my Intrepid had its sensor position problem, it never did trigger the check engine light, and never stored any codes that could be read. The one thing it did do, that was amusing and scary all at the same time, was when it finally died in the parking lot at work. I got a ride home and drove another car in the next day, and the second evening, tried to start the Intrepid. I turned the key on-off a few times, tried to start it here and there. Suddenly, the numbers on the odometer disappeared and it displayed, simply, "dOnE". As in, that was it, the fat lady has sung, and the car was done for. And then, the next time I turned the key, it fired right up!

    I think I might have accidentally triggered a function that displays the stored codes in the car. On old 80's K-cars, you could turn the ignition key on-off a few times, and then watch the check engine light flash. I remember "5-5" meant, "end of codes". So, if you had, say, a code 33, the light would flash 3 times, pause, flash 3 more times, pause again, then flash 5 times, pause again, and finally flash 5 more. The Intrepid probably had something more sophisticated built into it.
  • circlewcirclew Member Posts: 8,666
    ....or maybe the Intrepid was finished with it's hissy fit because you drive your other cars more than it. When it was "dOnE" pouting, it told you so!

    Regards,
    OW
  • andre1969andre1969 Member Posts: 26,097
    ....or maybe the Intrepid was finished with it's hissy fit because you drive your other cars more than it. When it was "dOnE" pouting, it told you so!

    LOL! Actually, I remember the mechanic finding a vacuum leak and fixing it, and told me to take the car back home for the weekend, drive it around, and see if it acted up again. Well, the car made it all the way home, and then all the way to the liquor store. And, once it was about as far from the mechanic's shop as I was planning on driving that evening, it stalled out again. :mad:

    Thankfully, so far my 2000 Park Ave has been behaving itself so far, although I did something bad to it the other week. We had a serious rain storm, and the main road was backed up, so I tried taking a back road. Well, there was water running across that road. You know how they say you should never drive through water running across the road, because it's really hard to gauge how deep it is? Well, they were RIGHT! :blush:

    Thankfully I made it through, but right when I got to the middle, it was deep enough that the car lost all momentum. It didn't stall, though, and I was able to regain traction and drive out the other side. The Acura TL that was behind me did the smart thing though, and turned around!

    This morning I noticed a squeaking sound coming from the left front wheel, so I'm wondering if I might have gotten water in some place that GM never intended. Oh well, it's about due for another oil change, anyway.
  • dieselonedieselone Member Posts: 5,729
    Sometimes it's an easier fix than that. I had a stalling problem on my Mercury Grand Marquis and it turned out to be #4 coil pack. Funny, I wasn't getting a Check Engine light.

    Now that is kind of strange. I had a coil pack go bad on my Expe and I definitely got a check engine light. But it never stalled. I'm surprised one cylinder could cause a stall.

    Mine OTOH, was a heavy throttle induced miss when the engine not fully warm. Once warm it ran fine.
  • dave8697dave8697 Member Posts: 1,498
    do less thoughting

    those posts do not support berri's opinion. try again.

    222 reviews. try reading some.
  • maple2maple2 Member Posts: 177
    My wifes Outback did this too. Come to a stop light and right before it came to a stop, it would downshift and give a brief acceleration.

    Fixed with a reflash. Runs like a champ


    Wow, its gettin pretty deep in here. If you had of heard through the grapevine that your co-workers, cousins, friends, aunts, next door neighbours, step mom, had a gm that displayed this behaviour youd be posting it on here and stating how gms are all crap. why do you give subaru the free pass? surely with their miniscule market share every car should be perfect. maybe your name should be anythingbutsubaru, cause thats what my name would be after driving around in a deathtrap that exhibited that behaviour :lemon:
  • dave8697dave8697 Member Posts: 1,498
    Toyota is in the news today. Over 1100 incidents involving Corolla's and Matrix's stalling at any speed and not restarting. That is an electrical gremlin issue with a car. from money.cnn today.

    One person unable to properly link their ipod turned into electrical gremlins in Equinox's?
  • dieselonedieselone Member Posts: 5,729
    One person unable to properly link their ipod turned into electrical gremlins in Equinox's?

    Well that's not surprising considering this report.

    Strategic Vision's 2009 New Vehicle Experience Study found that 13% of Chevy owners have never used the Web. By contrast, only 3% of Honda owners remain in the technological Stone Age. While 70% of Honda owners boast a college degree or higher, only 35% of Chevy owners can say the same.
  • busirisbusiris Member Posts: 3,490
    I wonder if that number is total Chevy (car and truck).
  • dieselonedieselone Member Posts: 5,729
    I wonder if that number is total Chevy (car and truck).

    I'd guess that's car and truck, so it would certainly skew the results some. Ford was similar with slightly better numbers.
  • andre1969andre1969 Member Posts: 26,097
    My '67 Catalina's transmission is acting up. I wonder if a reflash would help? :P
  • lemkolemko Member Posts: 15,261
    Seriously? Is it? What kind of transmission does a 1967 Catalina have anyway? I'm sure it's not the dreaded "Slim Jim."
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