GM News, New Models and Market Share

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Comments

  • dieselonedieselone Member Posts: 5,729
    GM is just trying to meet pent up demand;).

    That's not the first I've read about this issue of excess inventory.
  • xluxlu Member Posts: 457
    Well if you don't count fleet sales, then Toyota is in the lead.

    Show us the data source please.

    PS, why do you care of fleet sales included or not? Both GM and Ford have higher net profit than Toyota with fleet sales included.
  • xluxlu Member Posts: 457
    Rank Company Mar 2011 volume Mar 2010 volume % change YTD 2011 YTD 2010 % change
    1 General Motors 206,621 188,011 10% 592,545 475,253 25%
    2 Ford Motor Co. 212,295 178,188 19% 495,508 427,702 16%
    3 Toyota 176,222 186,863 -6% 433,924 385,686 13%
    4 Honda (American) 133,650 108,262 23% 307,978 256,412 20%
    5 Chrysler Group LLC 121,730 92,623 31% 286,950 234,215 23%
    6 Nissan 121,141 95,468 27% 285,358 228,229 25%
    7 Hyundai Group 61,873 47,002 32% 142,620 111,509 28%
    8 Subaru 26,916 23,785 13% 67,457 57,494 17%
    9 VW 27,176 22,148 23% 67,038 58,283 15%
    10 Mazda 30,905 23,193 33% 64,559 55,941 15%
    11 Daimler AG 22,546 20,023 13% 55,995 50,571 11%
    12 BMW Group 20,295 18,060 12% 52,616 46,323 14%
    13 Mitsubishi 7,560 5,434 39% 20,167 13,623 48%
    14 Porsche 2,588 1,905 36% 7,007 5,222 34%
    15 Suzuki 2,497 2,246 11% 6,702 5,661 18%
    16 Jaguar Land Rover 874 983 -11% 2,501 2,375 5%
    17 Saab 830 133 524% 2,034 741 174%
    18 Maserati 200 189 6% 473 394 20%
    Other (estimate) 70,704 51,689 37% 168,373 129,617 30%
  • andre1969andre1969 Member Posts: 26,103
    Citing Coca-Cola (KO) as an example, Akerson recently told The Wall Street Journal that a GM car was just like the can of Diet Coke he was drinking during the interview.


    Dunno if I want to hear that, because I have stock in both GM and Coke! :blush: But, the Coke at least is turning a profit. I'm thinking of dumping the GM though. It would be at a slight loss, but I need a tax writeoff!
  • berriberri Member Posts: 10,165
    I'm thinking of dumping the GM though. It would be at a slight loss

    Unfortunately you fell for one of those Wall Street rip-offs. They talk up IPO's even though generally only the Wall Street insiders and their high roller clients can buy it initially. Then as they let everyone else in afterward, the Wall Streeters dump it, take their quick profit and stick the ordinary buyers with a loss.
  • andre1969andre1969 Member Posts: 26,103
    Unfortunately you fell for one of those Wall Street rip-offs. They talk up IPO's even though generally only the Wall Street insiders and their high roller clients can buy it initially. Then as they let everyone else in afterward, the Wall Streeters dump it, take their quick profit and stick the ordinary buyers with a loss.

    Yeah, I'm a bit bummed by that, but, at the same time, I only bought 40 shares, so I'm not TOO screwed. I think I paid around $36 per share. Ironically enough though, today it shot up more, as a percentage, than anything else I'm invested in. 4.45% boost, to $32.41 per share.

    I'm sure the moment after I sell it, it'll skyrocket. :sick:
  • steverstever Guest Posts: 52,454
    that a GM car was just like the can of Diet Coke

    I heard that Diet Coke was the second best selling soft drink in the US now. Coke is number one.

    That would put GM in good company.
  • dieselonedieselone Member Posts: 5,729
    PS, why do you care of fleet sales included or not? Both GM and Ford have higher net profit than Toyota with fleet sales included.

    I'm not the one that brought up fleet sales, I merely mentioned that Ford outsold GM in March.

    As for Toyota, I read it in an article today discussing Ford's numbers, but I can't find it now. If I run across it again I'll post a link.

    One difference now vs. 3 years ago is it appears Ford and GM are no longer dumping cars to fleets anymore. I also wonder how many companies have just gone away from GM for fleets.

    I think the Impala is the only true fleet queen anymore with Ford or GM. My wife works for a fortune 100 company and they don't offer GM vehicles anymore for company cars, and they buy a lot of cars every 90 days.
  • dave8697dave8697 Member Posts: 1,498
    Ford sales doing good. A 34,000 car increase in a month
    Mazda up 33%
    Hundai up 32%
    Chrysler up 31%
    Nissan up 27%
    fuel efficient cars selling when gas is really high.

    Overall car sales in Japan down 37% since quake.
    Looks like US market pulling away from 10 million a year low point.
  • xluxlu Member Posts: 457
    Since its introduction, Chevrolet has sold 1536 Volts; in comparison, Nissan has moved 471 Leafs.
  • xluxlu Member Posts: 457
    edited April 2011
    A few years ago, Lexus TV commercials were quite classy; like the many champagne glasses stacked on top of a LS without falling when the car starts and idles. At the time, the TV commercials of the Detroit Big 3 were really dumb, just plainly list the discount numbers.

    Now it's completely reversed. Toyota and Honda TV commercials are the desperate ones, crying for cheap ($0, $0, $0, $0); the Honda ones were the worst, making stupid but not funny acts like "I'm glad to help". Now you don't see US automakers talking about discounts in TV commercials anymore; instead Ford is talking about trading up to a Ford, Cadillac is racing with flying arrows, Chrysler labels "imported from Detroit".

    What a change!
  • dieselonedieselone Member Posts: 5,729
    I don't even notice Lexus commercials anymore. The "Imported from Detroit" ad from Chrysler is great, probably my favorite. To bad the 200 is so lame.

    When my wife picked up her new company car a few weeks ago, it was at a Ford/Chrysler dealer. They had a few 200s and they didn't impress me at all.

    Nissan had its best month ever in March, I wonder what is selling so well besides the Altima. I used to really like Nissan, but anymore, I don't see much I like. The Altima is a good car but not it really doesn't stand out anymore. Sure, I find the G and M Infinities attractive, but they can't be selling that many of them. They pretty much ruined the Maxima (IMO) like Acura did with the TL. I'm sure I'd like how they drive, but man has the styling gone south.

    As for the Volt vs Leaf. The leaf is really more of a niche vehicle. Only a certain buyer will be able to get buy with its limited range.

    IMO, Honda and Toyota still build excellent vehicles that really don't appeal to me that much anymore. The Civic/Accord and Corolla/Camry are seriously in need of an update.
  • fezofezo Member Posts: 10,386
    Ya know, I'd be loads more impressed with the imported from Detroit if they hadn't used the same line advertising the Mustang in 1964.

    Someone else tried it later but I can't remember who.
    2015 Mazda 6 Grand Touring, 2014 Mazda 3 Sport Hatchback, 1999 Mazda Miata 2004 Toyota Camry LE, 1999.
  • xluxlu Member Posts: 457
    edited April 2011
    Nissan had its best month ever in March, I wonder what is selling so well besides the Altima.

    Altima out sold both Camry and Accord and is the new car sales champ. Sentra is the only other Nissan on the top 20 at No. 17. I'm surprised how well they did too, giving all Nissan cars have poor styling.

    IMO, Honda and Toyota still build excellent vehicles that really don't appeal to me that much anymore. The Civic/Accord and Corolla/Camry are seriously in need of an update.

    Honda cars handle well but not the most refined; Toyota cars are smooth but no fun to drive what so ever. I totally agree with you on their needs for new cars. I was in a GM comparison test drive event last weekend; GM and Ford had so many new and interesting models; Honda and Toyota still stuck at 5 years ago. They are only surviving on the delay in people's perception change.
  • circlewcirclew Member Posts: 8,666
    Altima 32,289 69,551
    Accord 31,533 66,195
    Camry 31,464 76,821
    Civic 31,213 64,968
    Corolla 30,234 76,675
    Sonata 22,894 51,878
    Elantra 19,255 41,203
    Prius 18,605 42,779
    Sentra 17,851 39,988
    Jetta 16,969 41,020
    Non-USA 252,307 571,078

    Fusion 27,566.00 65,023.00
    Impala 18,063.00 49,541.00
    Cruze 18,018.00 50,205.00
    Focus 17,178.00 37,071.00
    USA 80,825.00 201,840.00

    Loosing more ground each month. Malibu is out of the top 20. Sonata is still in. Elantra beat Cruze.

    It's all about the trucks despite an energy crisis. Anybody home?? Keep on trying!

    Regards,
    OW
  • xluxlu Member Posts: 457
    edited April 2011
    Your numbers are misleading. The volume in the top 20 does not necessary reflect the overall volume. US has more car models and the volume spreads out in more models.

    Here are the Mar 2011 US CAR sales (of course US owns the truck market):

    US big 3: 283875
    Japanese top 7: 306385

    How much is the difference?
  • circlewcirclew Member Posts: 8,666
    Misleading? To who?

    USA is not in the car business. Trucks, OK. But GMC being at the low end of dependability, GM has it's work cut out on trucks. Even Chevy isnt't the quality king in trucks, last time I checked.

    Japanese Top 7 is ok but Top 20 is misleading. Hmm...what about Hyunderwear and Kia??? Add the rest of the world and the global % of USA cars is meager at best.

    Keep trying. GM does't even come close in dependable, performance leading, efficient CARS. Not Even Close!

    The top 20 have spoken. You either lead, follow or get out of the way. Know who said that, right? His words were forgotten at C.

    Watch what happens when gas hits $4 by May 30th. May Sales should make the trend sparkling even to you...perhaps not GM.

    Regards,
    OW
  • xluxlu Member Posts: 457
    USA is not in the car business.

    I just showed you that the US automakers sold almost as many cars as the Japanese. You called it not in that business?

    Japanese Top 7 is ok but Top 20 is misleading. Hmm...what about Hyunderwear and Kia??? Add the rest of the world and the global % of USA cars is meager at best.

    I thought my English was bad.... The Japanese top 7 was all the 7 Japanese automakers doing business in the US. Your top 20 was 20 MODELS; of course it does not represent the whole picture. Adding the rest of the world, US automakers still accounts 1/3 of all cars sold in the US; much higher percentage for all cars sold in the world.

    Watch what happens when gas hits $4 by May 30th. May Sales should make the trend sparkling even to you...perhaps not GM.

    GM's Chevy Cruze Eco is the most fuel efficient car of all non-hybrid cars at 42 mpg; the Chevy Equinox is the most fuel efficient SUV of all SUVs at 32 mpg; Chevy Volt is the most fuel efficient plug-in car at $93 mpg. GM might be better prepared than the Japanese for higher gas cost.
  • circlewcirclew Member Posts: 8,666
    And puny Elantra outsold the Cruze last month.

    The Volt is loosing money for GM on every sale on top of the taxpayer-subsidized credit! The loss is against the cost of development.

    GM better prepared???...doubt it. The top 20 category is the lions share of the USA CAR market for top models. The rest of the sales are trucks for GM and non-volume models of cars that are but an ant hill vs. the total CAR market.

    GM does not win the efficiency in CAR sales until they win in CAR SALES. :)

    Yes, GM lost the market in USA CAR sales long, long ago. Get used to it.

    Regards,
    OW
  • plektoplekto Member Posts: 3,738
    The Cruze is going to be used as a new platform for the new Buick and Cadillac (as far as I can tell from the pictures at least) , so it'll sell enough to at least remain profitable.

    GM's real problem is that it has enormous manufacturing capacity that it developed over time to cater to the rental and fleet markets. It needs to stop selling to that market completely but there's the issue of it then having 50%+ larger factories than it needs. The issue isn't number of employees or factories, but that they are 2X larger than they need to be - and you only get efficiency out of them by running them at full capacity. Catch-22.

    I'd have never gone that route anyways. "Let's make the government and rental companies happy and sell 60% of our cars to them at cost."? That's no different than welfare - just creating jobs to fill empty space and look good on paper. That's going to take a couple of decades to fix at this rate.
  • fho2008fho2008 Member Posts: 393
    One good thing for the snuze, I saw an right here on edmunds, 10 year 100k warranty, its about time someone got serious and matched hyundai. I wouldnt buy GM right now but with them, and maybe others matching hyundais warranty, that will get people in the showrooms.
  • steverstever Guest Posts: 52,454
    Almost. The Cruze warranty is:

    Basic: 3 yr./ 36000 mi.
    Drivetrain: 5 yr./ 100000 mi.
    Roadside: 5 yr./ 100000 mi.
    Rust: 6 yr./ 100000 mi.

    20,000 miles a year is normal for a lot of people so yeah, much better drivetrain warranty that a 5/60 (or a 3/36).

    (The Sonata warranty is Basic: 5 yr./ 60000 mi.; Drivetrain: 10 yr./ 100000 mi.).
  • fho2008fho2008 Member Posts: 393
    I was just replying to the ad I saw right here on edmunds.....special model I dont know but I saw 100k warranty.

    It is advertising.....they will say you can get a 50 mpg snuze but dont tell you its a XFE snuse, the snuze on the lot gets 33 mpg.

    50 and 33 MY numbers just saying its advertising......gotta get visitors in the showroom. Cant blame em for that.

    Until they get rid of the chevy truck grill on every car they make, oh and pay all the $$$$ back, no thanks.
  • uplanderguyuplanderguy Member Posts: 17,020
    Man, where do you get your information?

    The basic Cruze automatic gets 36 mpg. The ECO gets 42. No non-hybrid matches it. Where did you see a Cruze advertised with 50 mpg?

    If you've ever once looked at an ECO, it will become instantly obvious that it's not an "XFE". It is a 6-speed manual however, but has the creature comforts lacking in earlier "XFE" models.
    2024 Chevrolet Corvette Stingray 2LT; 2019 Chevrolet Equinox LT; 2015 Chevrolet Cruze LS
  • kernickkernick Member Posts: 4,072
    GM's Chevy Cruze Eco is the most fuel efficient car of all non-hybrid cars at 42 mpg;

    Yes but it is a manual trans. now isn't it? when very few people want a manual. Tell us what the typical auto trans. Cruze gets, versus the auto. Elantra. Not so good, huh.

    Circlew - another interesting thing about the Top 20 - the soon to be discontinued Ford Focus is almost outselling the Cruze. The new Focus will certainly reverse that also.

    If I were going to be looking for a GM in the next few years, I'd be thinking of the Sonic. That will get better mpg than the Cruze. I looked at a Cruze on the lot, and with a sticker > $20K, and due to its heavy-weight -- 36mpg, I wasn't impressed. Better than the Cobalt, but just another average GM product. There was nothing exceptional about it that would make me want to buy it.

    GM needs to be BETTER than the competition, not just equal or close.
  • circlewcirclew Member Posts: 8,666
    edited April 2011
    I looked at a Cruze on the lot, and with a sticker > $20K, and due to its heavy-weight -- 36mpg, I wasn't impressed. Better than the Cobalt, but just another average GM product. There was nothing exceptional about it that would make me want to buy it.

    Excellent point and I agree with your assessment. Nothing spectacular but finally a good compact car that competes.

    Just a point of history, GM has only begun to get serious. CARS weren't even on their radar screen for years.

    In the compact-car segment, the Japanese rule the field. With the honorable exception of the first-generation Ford Focus, American compacts have been beaten by the Honda Civic, Mazda 3, and Toyota Corolla in both sales and public perception.

    Part of the reason for this is that, as outgoing General Motors vice-chairman Bob Lutz says, “in the past, compact cars were seen [by domestic automakers] as a commodity that people drove because they couldn’t afford anything better.” Lutz says the Chevy Cruze is “the first time we have taken this segment seriously,” which is a pretty damning indictment of how GM in the past produced substandard products at a price that didn’t do anyone any favors, least of all itself


    The weight is too high. The styling is on the lower end of desirability.

    Small sedans Weight (lb)
    2011 Chevrolet Cruze LS 3,130
    2011 Chevrolet Cruze LT 3,140
    2009 Toyota Corolla LE 2,850
    2006 Honda Civic EX 2,810
    2007 Hyundai Elantra SE 2,895
    Family sedans
    2011 Hyundai Sonata 3,210
    2010 Nissan Altima 2.5S 3,255

    Added weight doesn’t help performance and fuel economy. So far, both of our Cruzes are averaging just over 30 mpg in routine driving, with the 1.4-liter turbo having a slight edge. (Since our fuel economy tests include a city driving component, our measured overall mileage will likely be less.) That mileage isn’t bad, but the hefty weight means there’s room for improvement. We’ve seen this issue on other recent GM products.

    Keep trying GM...you can do it if you WANT TO!

    Regards,
    OW
  • fho2008fho2008 Member Posts: 393
    Did you see where I said MY NUMBERS? I was refering to how any carmaker can say "we make a car that gets 50 mpg....but its a very limited stripped down version this one on the lot gets 33 mpg"

    They do it to get you there and sell, hopefully, a more profitable car. Those were my numbers not GMs or anyone elses, just did it to make a point.
  • smarty666smarty666 Member Posts: 1,503
    It's funny, except for some of their SUVs and pick-ups, Nissan has gotten mostly positive reviews for styling. Hell, they even got higher ratings then Toyota and Honda for styling a few months back I think they got a B, while the other two got D's.

    I have yet to see a review where the Maxima's styling was rated as a con. Almost everything I read lists its styling as a pro and anyone I talk to who got one, myself included, stated that as a prime reason for getting it.

    If anything, while better, except for the Camaro and Corvette, most of what and GM is still producing is ugly and lousy styling. No flair what so ever.
  • smarty666smarty666 Member Posts: 1,503
    Apparently you haven't been watching the news or reading the newspaper. Perhaps you missed the 9.3 mag earthquake that hit Japan last month??? Toyota, Honda, and Nissan had to shut down plants for a few days and I read several articles that Leaf production and parts would be hurt for awhile until they get everything back up and running.

    Very flawed comparison without stating all the facts as to why Leaf sales were lower then they were supposed to. It was a legitimate reason which you failed to point out.
  • imidazol97imidazol97 Member Posts: 27,725
    >Nissan has moved 471 Leafs.

    Only 471. And they can't use the earthquake as an excuse. The leafs would be on the boat already to transport to US soil and the leafs would already be here at the dealers that they would be selling during the next month. Who would buy a car that is the equivalent of a golf cart and can't propel itself once the battery is dead. The Volt by Chevrolet has that all thoroughly thought out and uses a motor to recharge.

    2014 Malibu 2LT, 2015 Cruze 2LT,

  • plektoplekto Member Posts: 3,738
    edited April 2011
    Small sedans Weight (lb)
    2011 Chevrolet Cruze LS 3,130
    2011 Chevrolet Cruze LT 3,140
    2009 Toyota Corolla LE 2,850
    2006 Honda Civic EX 2,810
    2007 Hyundai Elantra SE 2,895
    Family sedans
    2011 Hyundai Sonata 3,210
    2010 Nissan Altima 2.5S 3,255
    ****
    I'll add three more:
    Mercedes C180 (Europe - gas, not diesel) - 40mpg highway.(U.S. Gallons) 3252 lbs. - Historical note - the old C230K with manual got the same MPG as it was much lighter and smaller. These are crazy hard to find in a sedan as nobody is selling theirs.

    Diesels:
    Mercedes C180 CDI (Europe, diesel) - 47mpg combined, U.S. gallons.
    Honda Civic CDTI - (U.K, diesel) - 36/55 - 46 combined, U.S. gallons.

    It's the engine, folks. And what we get here in the U.S. are largely rubbish compared to what Europe and Japan get. They could bring the cars over but simply do not. You'll also note that the smaller, more fuel efficient *gasoline* options also are missing from our lots.
  • smarty666smarty666 Member Posts: 1,503
    edited April 2011
    Seriously, you are that bias against the Japanese you can't even use pure logic to dissect the situation that happened in Japan? I mean c'mon. Plus, there is a wait list for the Leaf, so sales each month depend heavily on delivery to the customer, much like they do with the Volt. The 600 sent the day before the earthquake did not arrive until the end of the month and so dealers were using the 173 they got in February. The supply has been short, that is the problem. There was no way for them to sell more than they did because of the demand and now its going to get a lot worse for the time being.

    http://www.allcarselectric.com/blog/1056733_japanese-earthquake-and-tsunami-dela- - - y-2011-leaf-production-updated
  • uplanderguyuplanderguy Member Posts: 17,020
    Don't know about this year, circleW, but in 2010 vaunted Consumer Reports picked the Silverado as their choice in full-size pickups.
    2024 Chevrolet Corvette Stingray 2LT; 2019 Chevrolet Equinox LT; 2015 Chevrolet Cruze LS
  • xluxlu Member Posts: 457
    Apparently you haven't been watching the news or reading the newspaper. Perhaps you missed the 9.3 mag earthquake that hit Japan last month??? Toyota, Honda, and Nissan had to shut down plants for a few days and I read several articles that Leaf production and parts would be hurt for awhile until they get everything back up and running.

    Who did not watch the news or read the newspaper? Tell me how a 9.0 quake becomes 9.3 in your book?

    It takes at least 3 months for the new cars from Japanese factories to get into the US car dealers: one month in Japan for accumulating the needed volume from assembly lines, trucked to the port, fit in the containers and ships. One month on the water and to dock the US ports. Another month in the US for clearing the port, trucks to each state, unload to each dealer, check and clean, etc. There's no way the quake affects the Mar sales numbers.
  • circlewcirclew Member Posts: 8,666
    edited April 2011
    The Volt by Chevrolet has that all thoroughly thought out and uses a motor to recharge.

    Yes, and they sell 10X the Tahoe vs. the Volt and gas prices will be $4/gal in 3 weeks. As usual, price is too high. Just like GM always was and ever will be.

    Go figure? :confuse: The Volt is a nice start but only a needle in the haystack, I'm afraid. And the 1,600 sales are subsidized. Wouldn't have sold more than 2 without the subsidy. :P

    Regards,
    OW
  • circlewcirclew Member Posts: 8,666
    Well, now you back CR? OK, you got it. Silverado wins in Dependability but GMC rates near the bottom! We are good, right?

    Well, check the previous 1999-2006 generation Silverado reliability and cost to repair. Not stellar in anyone's book.

    link title

    Yea, the new ones are better after the GM FAILURE. I'll give you that. After all, you might as well finally build trucks that give you 50% profit a little better to appease the customers finally. ;)

    Regards,
    OW
  • iluvmysephia1iluvmysephia1 Member Posts: 7,709
    edited April 2011
    I heard that Diet Coke was the second best selling soft drink in the US now. Coke is number one.

    That would put GM in good company.


    Now Coca-Cola is a company GM could only wish to be seen around. :blush:

    2021 Kia Soul LX 6-speed stick

  • berriberri Member Posts: 10,165
    I'm not sure any of the pick-up trucks are really that great in reliability. I think trucks are the big reason why D3 falls behind Asia in overall quality. D3 can build competitive products as evidenced by some of the new cars, but there isn't much competition in trucks, so Detroit goes on the cheap building them.
  • smarty666smarty666 Member Posts: 1,503
    Pre-order, pre-order, pre-order. Every article I read stated that it already is having an effect here now, I posted one example earlier. Not my fault you do not seem to get it. Even GM and Ford had production problems in March due to lack of Japanese parts in their suppose "all american" vehicles. It does not take months for GM or Ford products to reach the lots.
  • xluxlu Member Posts: 457
    edited April 2011
    Yes, you read the title right; here're the Jan 2011 worldwide sales numbers:

    GM: Total cars, 356490; Total trucks, 276637; Total vehicles, 633127
    Toyota: Total cars, 278289; Total trucks, 191018; Total vehicles, 469307

    (Source: GM worldwide sales Toyota worldwide sales)

    GM not only outsold Toyota by a large margin in total vehicle sales; it also outsold Toyota in cars! Those who stated that GM is not in the car business, what do you say?
  • mz6greyghostmz6greyghost Member Posts: 1,230
    And wasn't it as recent as 2008 that Toyota outsold GM in worldwide sales?

    Yup, they did. 614K more, to be exact as per LATimes.

    Gee, what happened?
  • circlewcirclew Member Posts: 8,666
    USA Car Sales YTD Q1
    GM = 231,772

    Toyota = 244,108
    Honda = 172,467
    Nissan = 184,088
    Hyundai = 115,706
    Kia = 60,665

    Mazda = 40,154
    Subaru = 47,019
    Mitsubishi = 12,603
    Suzuki = 1,995
    Total Non-USA = 878,265

    Ford =178,544
    Chrysler = 63,578

    Little 3 = 473,894

    Total = 1,352,159

    Spin it anyway you like. GM has 17% of the USA CAR MARKET. Kinda LITTLE. :P

    Regards,
    OW
  • andre1969andre1969 Member Posts: 26,103
    I didn't realize that Corvette sales had shriveled up to 1,000 per month! No wonder the current model seems such a rare beast!
  • lemkolemko Member Posts: 15,261
    Well, we ARE in a depression. The first things to go are toys like Corvettes and mistresses.
  • xluxlu Member Posts: 457
    Pre-order, pre-order, pre-order. Every article I read stated that it already is having an effect here now, I posted one example earlier. Not my fault you do not seem to get it.

    The sales numbers I quoted was the actual DELIVERY. What does it to do with pre-order?

    Not my fault you do not seem to get it...
  • xluxlu Member Posts: 457
    Spin it anyway you like. GM has 17% of the USA CAR MARKET. Kinda LITTLE.

    Please don't change subject. Wasn't you who stated that the GM was not in the car business? Then how can they sell much more cars worldwide than Toyota?

    It's a business decision what they sell. In the US, more trucks are sold than cars and trucks are more profitable. That's why GM and Ford sell more trucks here. In Europe and China, which are car markets, GM and Ford sell virtually all cars and they are doing very well with cars.

    17% market share is not little for ONE company by any means.
  • fezofezo Member Posts: 10,386
    It's a business decision what they sell.

    This said with a straight face about the company that would be dead now if we hadn't injected $75 billion into it. Great business model.

    The only time you can have GM and business decision in the same sentence is "If you want to see a bad business decisions pick almost any one from GM for the last half century."
    2015 Mazda 6 Grand Touring, 2014 Mazda 3 Sport Hatchback, 1999 Mazda Miata 2004 Toyota Camry LE, 1999.
  • xluxlu Member Posts: 457
    edited April 2011
    This said with a straight face about the company that would be dead now if we hadn't injected $75 billion into it. Great business model.

    GM's failure in recent years up to last year was mainly due to the greedy unions. How can any company survive when the union had some much power to demand the IDLED workers to be paid in full $90k salary and benefits? GM used bankruptcy to wipe it clean and started strong.

    In the same period of dark days in the US, GM shines brightly in China, now the biggest auto market in the world. GM is the No. 1 seller there, sell more vehicles there than they do in the US, and highly profitable. Can you call it bad management there? If not, isn't it the same company and same top management?

    GM has sold 685583 vehicles in China in the 1st quarter this year. Q1 usually is the slow quarter in a year. Even we use linear extension, GM is on track to sell more 2.7 million vehicles in China this year!
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