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GM News, New Models and Market Share

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  • ateixeiraateixeira Member Posts: 72,587
    Hmm, not Dec. maybe Jan? Or was it a special edition on news stands only?
  • uplanderguyuplanderguy Member Posts: 16,860
    You really might want to get some business knowledge

    OK, "Cliff". I won't get into this, but I'd sure like to compare what I've done for a living for thirty years, in the business world, compared to all the armchair quarterbacks here.
    2024 Chevrolet Corvette Stingray 2LT; 2019 Chevrolet Equinox LT; 2015 Chevrolet Cruze LS
  • bpizzutibpizzuti Member Posts: 2,743
    Ok I'll bite. I have a dual-major degree in information technology and business management and spend my days as a sysadmin budgeting based on projected ROI of the products developed on the systems I deploy. How about you?
  • berriberri Member Posts: 10,165
    I think some people may be confused by the Captiva because while it is not for sale at US Chevy dealers, it is in US rental car fleets, so used ones may appear at dealers. I'm not sure, but I think they make the Captiva in Mexico?
  • uplanderguyuplanderguy Member Posts: 16,860
    edited November 2012
    I said I wasn't going to get into a p*ssing contest and won't. But I have worked for 32 years as an auditor, finding places where shrinkage and waste occur. I earn multiple times what my Dad did, and my wife is a school teacher with 21 years in. I'm proud of where I came from, and remain interested in my old, small hometown and help out as I can there. We do well in the part of the country we're in, but I still choose to buy American, buy 'humble' product, and save the max for retirement and be able to put our kid through college with no help and no loans. My weakness is old cars, and I'd much rather be spending $$ on old Studebakers than what comes out today.
    2024 Chevrolet Corvette Stingray 2LT; 2019 Chevrolet Equinox LT; 2015 Chevrolet Cruze LS
  • uplanderguyuplanderguy Member Posts: 16,860
    It was a rather thick magazine, along the lines of a Hemmings Motor News, that is on the newsstands now that says "December 2012" on the cover.
    2024 Chevrolet Corvette Stingray 2LT; 2019 Chevrolet Equinox LT; 2015 Chevrolet Cruze LS
  • tlongtlong Member Posts: 5,194
    Uplander, great to hear you living below your means and saving. I wish more of us lived that way, including the country. Financial prudence is in short supply.

    But I have worked for 32 years as an auditor, finding places where shrinkage and waste occur.

    Gee, you should work for GM, I'm sure there's a lot of low hanging fruit!
  • circlewcirclew Member Posts: 8,666
    You are well respected, afaic. Our only difference is what we think about GM. Otherwise, I admire your background and achievements as a businessman and family man. Besides, we both agree on our "Vette aspirations! Balance!

    Happy Thanksgiving to you and everyone on this forum, wishing Good Health and Prosperity to All.

    Best Regards,
    OW
  • uplanderguyuplanderguy Member Posts: 16,860
    I note the line in that link, "But you won't be able to buy one".
    2024 Chevrolet Corvette Stingray 2LT; 2019 Chevrolet Equinox LT; 2015 Chevrolet Cruze LS
  • imidazol97imidazol97 Member Posts: 27,675
    edited November 2012
    > I have a dual-major degree in information technology and business management and spend my days as a sy

    Why didn't you got to work for GM years ago and save them from their lack of knowledge a few years back. They could be flourishing by now. :blush:

    2014 Malibu 2LT, 2015 Cruze 2LT,

  • busirisbusiris Member Posts: 3,490
    Unless its used, then you can get one.
  • bpizzutibpizzuti Member Posts: 2,743
    I currently work for a GM supplier. ;)
  • uplanderguyuplanderguy Member Posts: 16,860
    ..and a used sale benefits GM how?
    2024 Chevrolet Corvette Stingray 2LT; 2019 Chevrolet Equinox LT; 2015 Chevrolet Cruze LS
  • dieselonedieselone Member Posts: 5,729
    All the replacement parts that will be bought to keep the used vehicles on the road;)
  • busirisbusiris Member Posts: 3,490
    Actually, selling specific models as "fleet sales only" can have advantages.

    It isolates look-alike models, so it can indirectly have an effect on resale values.

    In theory, the fleet sale has less of an impact on non-fleet sale look-alike resale values. That bodes well for owner satisfaction. There's no question that models sold heavily as fleet sales have had dramatic, downward pressure on used car prices.

    But, how does a used car sale impact the manufacturer?

    Specifically, if the car ages well, with few problems, it reflects positively on the manufacturer. Conversely, if it ages like the Vega did, the negative impact on the manufacturer's reputation can turn potential buyers away from the brand.

    I don't know many individuals that would feel a strong attraction to buying a model in which they had a horrible rental experience. Personally speaking, early rental experiences I had with Hyundai/Kia models years ago gave me a "cheap made" impression of their products, and it's only in the last couple of years I have started considering them again for possible purchasing.
  • andres3andres3 Member Posts: 13,928
    NBC news carried a story last night about distracted law enforcement officers causing accidents due to so many distractions in the car.... Radio, computer, cellphones, etc.

    Funny, when you bring up these distraction issues in traffic court, traffic court judges and police officer's act like none of those things could possibly be relevant or cause a distraction of any sort.

    It's a shame traffic courts create a bad perception for the entire justice system in this country, since most honest people's only exposure to the court system is through traffic court.
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • bpizzutibpizzuti Member Posts: 2,743
    Funny, when you bring up these distraction issues in traffic court, traffic court judges and police officer's act like none of those things could possibly be relevant or cause a distraction of any sort.

    That's because traffic citations are not about law enforcement or road safety. They're about revenue for localities. Particularly now, since some states (like NY) have instituted property tax caps, and localities have to find other sources of revenue if they have a shortfall.
  • tlongtlong Member Posts: 5,194
    ...that GM spent Thanksgiving thanking the US taxpayers for being alive?
  • fintailfintail Member Posts: 58,415
    Probably just as much as the military-industrial complex, Israel, the 1%, etc :shades:
  • imidazol97imidazol97 Member Posts: 27,675
    edited November 2012
    >Probably just as much as the military-industrial complex, Israel, the 1%, etc

    Wall Street, the 2%, the UAW workers who are left, John Kerry, the Kennedys, Harry Reid, Barney Frank, and lots of other wealthy individuals. :):blush:

    On GM, I see more and more XTS's around the area. Nicely done.

    2014 Malibu 2LT, 2015 Cruze 2LT,

  • fintailfintail Member Posts: 58,415
    edited November 2012
    And the Bush family, the Koch family, the Romney family etc etc ;)

    I'm hoping the ATS catches on.
  • imidazol97imidazol97 Member Posts: 27,675
    >I'm hoping the ATS

    It's going to take innovative marketing methods to get it acknowledged as a different Cadillac from the past large sedan image. I recall a poster in another topic here saying upscale cars are parked in the mall in his area of Florida to showcase them. Cadillac needs to do some things to present the car as different than a CTS, e.g., as well as the DHS of ole.

    2014 Malibu 2LT, 2015 Cruze 2LT,

  • fintailfintail Member Posts: 58,415
    Here's what it needs to be: assembled like a jewel (as is the competition), high quality interior (like the competition and a common complaint about the first CTS), engaging driving inputs, and very important - the price needs to undercut the competition by more than a small number. That's how you lure in newbies. If they like it, they will tell others and sales will rise.

    Also kind of like what you say, differentiate it from DHS/Escalade bling. A large amount of buyers find that to be a big turn off.
  • berriberri Member Posts: 10,165
    How come you always just point out Democrats? You can't tell me there aren't Republicans just as bad. They are both parties of losers and opportunists.
  • bpizzutibpizzuti Member Posts: 2,743
    It's going to take innovative marketing methods to get it acknowledged as a different Cadillac from the past large sedan image.

    They've been working on that for a while now, but keeping the STS and DTS around didn't help (since they're actually the Seville and Deville). I'm hoping the XTS and ATS joining the CTS variants means they're finally moving beyond that (except for that minor bunch of Escalades) and getting more towards sport tourers.

    That's next, the trucks need to go. The SRX is OK but the Parade of Escalade needs to disappear.
  • bpizzutibpizzuti Member Posts: 2,743
    How come you always just point out Democrats? You can't tell me there aren't Republicans just as bad. They are both parties of losers and opportunists.

    Probably for the same reason Democrats generally only point out Republicans. Because one's "own" side couldn't POSSIBLY be guilty of any wrongdoing, it must be the fault of the "other" guys. ;)
  • busirisbusiris Member Posts: 3,490
    A big + 1 to that!
  • berriberri Member Posts: 10,165
    If Washington would focus on Americans rather than this continual "party versus party" warfare, maybe they could help the US return to it's greatness. Throw in all of this lobbyist and campaign fund payola, I mean contributions, and it's no wonder our two party system has turned to failure. Then the Supreme Court justices have the gall to make politically inspired decisions (on both sides) that are supposedly "based on the Constitution". I'm thinking that maybe the multiparty parliamentary government used in many parts of the world may have actually become more effective. Scary - and pathetic!
  • tlongtlong Member Posts: 5,194
    Probably for the same reason Democrats generally only point out Republicans. Because one's "own" side couldn't POSSIBLY be guilty of any w
    rongdoing, it must be the fault of the "other" guys.


    Whereas us moderates can see the faults on both sides. Nobody has clean hands.
  • steverstever Guest Posts: 52,454
    "The new generation of automotive manufacturing workers at a General Motors Co. subsidiary here is focused on career and environment, and they want to work with cutting-edge technology.

    That's part of what attracted many millennials — roughly defined as those born in the 1980s and 1990s — to help create an integral part of the future of the automobile: They're assembling lithium-ion batteries for the Chevrolet Volt extended-range plug-in and the equivalent cars the automaker sells in Europe and Australia."

    GM's new workforce: Younger and tech-savvy (Detroit News)
  • bpizzutibpizzuti Member Posts: 2,743
    So let me guess, the next step is to create a youth-oriented brand that does business a whole different way in order to cater to this new generation? Will they call it Geo, Saturn, or Pontiac?
  • steverstever Guest Posts: 52,454
    edited November 2012
    The smarter move might be to take control of ZipCar and use that outlet to absorb your production. :shades:
  • imidazol97imidazol97 Member Posts: 27,675
    Last post before it becomes too political:
    >How come you always just point out Democrats?

    Because they were the ones running ads as though someone on the Republican side who has lots of money was something disgusting and the Dems NEVER have anyone who has wealth. I also offer the Clintons now as examples, and lots of others I didn't bother to look up. But when Kerry was running and Edwards, their wealth bothered no one.

    I would love to have had 20$ M in capital gains on which I pay 3$M. The local ads (not all states saw the same disgusting, misleading ads) implied that someone payiing 15% was doing something evil on $3M because someone else was paying 20% as the marginal rate on their $50K income IIRC. The problem is the target of that ad probably wouldn't have any idea what I mean by "marginal" tax rate. The target voter of that ad probably thinks that means the worker at $50K per annun paid more than $3M in taxes putting them ahead of the Romneys because the marginal tax rate was higher.

    EOS.

    2014 Malibu 2LT, 2015 Cruze 2LT,

  • bpizzutibpizzuti Member Posts: 2,743
    >How come you always just point out Democrats?

    Because they were the ones running ads as though someone on the Republican side who has lots of money was something disgusting and the Dems NEVER have anyone who has wealth.


    I rest my case. :shades:
  • busirisbusiris Member Posts: 3,490
    Another big +1 on that comment.

    Our country has devolved from a "government by the people, for the people" to one of "government by the party in power, and where the party welfare and continued existence comes first, and the citizenry second".
  • circlewcirclew Member Posts: 8,666
    Our country has devolved from a "government by the people, for the people" to one of "government by the party in power, and where the party welfare and continued existence comes first, and the citizenry second".

    Hmmm...reminds me of GM....a microcosm of the party in power. The bigger they are, the harder they fall. :)

    Regards,
    OW
  • busirisbusiris Member Posts: 3,490
    I wonder what the guy that wrote this article thinks today, regarding GM stock performance...

    http://seekingalpha.com/article/254290-gm-considered-a-buy-with-a-price-target-o- f-52
  • circlewcirclew Member Posts: 8,666
    Here'ya go!

    Stock Analysis

    After GM reported third quarter earnings, its stock price rose 9.5% on about three times its normal trading volume. The bump in the stock price resulted because investors were pleased that GM outperformed analyst's expectations. The bump in the stock price was fine, but I think that rally will be short lived. GM's third quarter North American earnings and market share were down, and its biggest problem, (losses in Europe) has not been dealt with. Analysts believe that the price of GM shares will be directly linked to its troubles in Europe, and I agree. GM earnings are not likely to show significant improvement until they figure out a way to cut losses in Europe, and they have already predicted that its European earnings in 2013 will be only slightly better than 2012. For the above reasons I do not believe that GM's stock price will rise above $26. Since GM's stock price has peaked, and it does not pay a dividend I see no reason to own the stock at this time.


    ....or any of it's products!!!!!!! :shades:

    Regards,
    OW
  • busirisbusiris Member Posts: 3,490
    edited November 2012
    I was able to find an updated analysis from the same investment advisory group...

    http://seekingalpha.com/article/839211-general-motors-stock-about-to-rev-to-nowh- ere
  • circlewcirclew Member Posts: 8,666
    Yes. Same bottom line...

    This is an issue for GM right now. The company is hurting to turn profits, especially in weak European markets where they are seeing red. The company has seen a significant drop in return on equity, which is one of the worst signs for a company's future. At this time, profitability remains weak for the company, and we do not see a reason to buy until they right this.

    No reson to buy right now...agreed!

    RegRDS,
    ow
  • andres3andres3 Member Posts: 13,928
    No reason to buy right now.

    But but but but.... but, but, but.... GM always says their next great vehicle will be their savior and best thing ever. The next thing to come out of GM always seems to be the best thing they've ever done.

    It gets old being lied to so much.
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • circlewcirclew Member Posts: 8,666
    It gets old being lied to so much.

    And then it dies....

    Regards,
    OW
  • fho2008fho2008 Member Posts: 393
    Just wish it would've died without "my" tax dollars. I hope Obama doesnt think its to big to fail again, because it DID fail.
  • circlewcirclew Member Posts: 8,666
    Chevrolet's all-new 2014 Impala flagship sedan — featuring new safety technology, a more upscale interior and new exterior design — will go on sale next year beginning at $27,535, General Motors Co. said Friday. That's $850 more than its 2013 base model.

    The Detroit automaker said it first will roll out newly designed Impalas featuring 3.6-liter V-6 engines beginning in the first quarter next year. Those will start at $30,760 for the LT trim and $36,580 for an LTZ model.

    Chevy Impalas available with a 2.5-liter, four-cylinder engine will be available in the second quarter, starting at $27,535 for the LS model; $ 29,785 for an LT model and $34,555 for an LTZ model.

    The automaker said it will announce pricing later for the 2.4-liter engine with eAssist technology.

    GM sold 171,000 Impalas in 2011, tops for the full-size class in the U.S. Impala sales of 148,547 in the U.S. through October this year are down 1 percent from the same time in 2011.

    The company wants to reduce fleet sales with its new Impala, its 10th generation. Impala sales today are two-thirds fleet and one-third retail. Jon Hahn, marketing manager for the Impala and Malibu, said in October that Chevy aims to flip those percentages with the new Impala.

    "We'll build on the success the Impala nameplate has generated over its history," Chris Perry, vice president of Chevrolet marketing, said in a statement. "We've added sophisticated design features, more technology and safety equipment, while conserving Impala's current strengths like spaciousness and comfort."

    The new Impala will feature new technology for the Chevrolet brand, such as full-speed range adaptive cruise control and collision-mitigating braking. That uses radars and sensors to keep cruise speed in traffic and technology to intervene on a driver's behalf to start braking and avoid a crash a distracted driver might not see coming.

    The 2014 Impala will be built at GM's Oshawa assembly plant in Ontario and the Detroit-Hamtramck Assembly Plant.
  • circlewcirclew Member Posts: 8,666
    Japan’s two largest automakers appear to be locked in a race to achieve the dubious distinction of having recalled more vehicles than any other automaker during 2012 for an array of safety-related problems that range from fire hazards to seat belt issues.

    Toyota, Honda beset by recalls in 2012

    Analyst Rebecca Lindland, of IHS Automotive does not expect Toyota’s recent safety problems to drive away loyal buyers, though she has warned that, “for those people on the fence about buying a Toyota, this will have an impact. It could be more difficult getting new buyers into the showroom.”

    Working in their favor, however, the two makers have continued scoring well in a variety of recent quality and reliability studies. The three Toyota brands sold in the U.S., Lexus, Scion and Toyota, topped the chart in the recent Consumer Reports Automotive Reliability Study, for example. But a senior automotive tester for the non-profit magazine also noted that it does not take recalls into consideration when determining the reliability of individual brands.

    Who will have the most vehicles recalled this year remains to be seen. Toyota seemed on track to nab that doubtful honor again in 2011 – until Honda announced a massive service action in the final days of the year.
  • bpizzutibpizzuti Member Posts: 2,743
    So how well do you think a "full size" sedan with a 4 cyl engine will fly? I have a funny feeling the GM faithful will disapprove strongly.
  • busirisbusiris Member Posts: 3,490
    2/3 fleet?!?!

    How does a model name recover from being know as a fleet vehicle?

    Sure, given enough years and effort, it can be done... But, why bother?

    If the Impala name was so significant, why not create a sister model with a different name for fleet sales only, like what was done with the Captiva, and keep the Impala name for retail sales?

    Sales in the short term, don't worry about anything beyond the current model year. As Scarlet O'hara said in Gone With the Wind... "Tomorrow is another day".
  • andres3andres3 Member Posts: 13,928
    Recalls are really not a reliability issue in my opinion.

    Usually, recalls are pre-emptive fixes, meaning they don't break you down and require a tow truck (now that's a dependability issue!).

    I don't like lots of recalls (shows some iffy engineering and quality control testing), but I do like the pro-active nature of it.

    A manufacturer being pro-active and sending me notices of extended warranties to 7 years and 120K miles like Audi has on 3 parts I've never had an issue with up to almost 7 years and 94K miles thus far, is really appreciated.

    Again, I received no such letters from Dodge/Chrysler.... still waiting and holding my breath ..... NOT! :mad:
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • tlongtlong Member Posts: 5,194
    If the Impala name was so significant, why not create a sister model with a different name for fleet sales only, like what was done with the Captiva, and keep the Impala name for retail sales?

    IMHO GM management is over-enamored of their history and names. They don't realize the baggage associated with both the company name and the model names. They should have renamed the company as well as your idea above. The loyalists would still be buying, and then perhaps others who would not consider GM or Impala would also be considering the products.
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