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Comments
That's not the first I've read about this issue of excess inventory.
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.
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%
Dunno if I want to hear that, because I have stock in both GM and Coke!
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:
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.
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.
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.
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!
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.
Someone else tried it later but I can't remember who.
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.
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
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?
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
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.
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
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.
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.).
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.
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.
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.
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
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.
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.
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.
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,
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.
http://www.allcarselectric.com/blog/1056733_japanese-earthquake-and-tsunami-dela- - - y-2011-leaf-production-updated
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.
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
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
That would put GM in good company.
Now Coca-Cola is a company GM could only wish to be seen around.
2021 Kia Soul LX 6-speed stick
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?
Yup, they did. 614K more, to be exact as per LATimes.
Gee, what happened?
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
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...
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.
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."
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!