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GM News, New Models and Market Share

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Comments

  • jae5jae5 Posts: 1,206
    '62,

    Any reason why Poncho would get the 'Ute? I've waiting for that to come over as an Elky for years...

    I guess Pontiac is the U.S. Holden arm, like Saturn is for Opel. So with this be the G8 Ute?
  • 62vetteefp62vetteefp Posts: 6,048
    Any reason why Poncho would get the 'Ute? I've waiting for that to come over as an Elky for years...

    I guess Pontiac is the U.S. Holden arm, like Saturn is for Opel. So with this be the G8 Ute?


    Good question. In the article it actually said that GMC wanted it!! But I think that it is time GMC markets real trucks only (cancel Acadia in next go around and let Buick keep it). I think the issue is that the G8 type vehicles need to be more than a basic Chevy to make a good profit. If GM's strategy of GMC/Buick/Pontiac dealerships becoming mid range segments and Pontiac becoming the RWD division then the G8's can be more upscale performance. In fact I wonder if the Impala will continue as a FWD large vehicle?

    As far as Pontiac becoming a Holden stable that may happen naturally if Pontiac goes RWD in all models. I believe Holden is also engineering the midsize G6 replacement?

    If GM continues the strategies I see then there will be lots of differentiation between the traditional GM brands of yesteryear.
  • dieselonedieselone Posts: 5,729
    I posted this on the other GM thread, but the stock is down another 8% today. It's down almost 40% since the new UAW contract was signed. Is GM really turning the ship around or only extending the inevitable (BK)?

    The Malibu should sell well. Good looks, nice looking interior, good performance, competitive powertrain, along with a good warranty. I don't know if they can sell enough to really help GMs bottomline, but it will be interesting to see.

    With gas prices I wonder how BOF SUV/trucks will continue to sell?
  • 62vetteefp62vetteefp Posts: 6,048
    Good questions. What has changed since the UAW contract? Pretty much nothing at GM except more green technolgy being announced and more presedential posturing on raising the CAFE. Gas prices have gone down a little. GM keeps selling more BOF SUV/trucks than last year. Biggest change is the economy is getting worse and houses keep dropping and the mortgage issues keep going. I think that if the economy keeps going down the investors are worried GM will have issues.

    But from what I read the loss in GM stock value is almost all directly related to the possible issues at GMAC due to mortgage/home values. Not much to do with the auto industry directly. Not too long ago it was GMAC that supported the corporate bottom line, now it is dragging it down. Good thing GM only owns half now.
  • dieselonedieselone Posts: 5,729
    But from what I read the loss in GM stock value is almost all directly related to the possible issues at GMAC due to mortgage/home values. Not much to do with the auto industry directly. Not too long ago it was GMAC that supported the corporate bottom line, now it is dragging it down. Good thing GM only owns half now.

    I read the samething. To bad GM didn't unload 100% of GMAC. Still if they still have nearly 50% of GMAC on the books big mortgage write offs certainly will have a negative impact.

    No doubt GMs new products seem to be competitive. Still some dead wood in the lineup, but hopefully they will continue to improve by replacing bad product with good instead of the old way of replacing bad product with more bad product.
  • 62vetteefp62vetteefp Posts: 6,048
    I read the samething. To bad GM didn't unload 100% of GMAC. Still if they still have nearly 50% of GMAC on the books big mortgage write offs certainly will have a negative impact.

    But in 2 years there will be a bunch of folks getting mortgages and rushing in to buy homes at the just ending bear market. Home values will skyrocket and mortgage companies will rake in the money.

    While the mortgage/housing market is not cyclical as the automotive it does have cycles.
  • torque_rtorque_r Posts: 500
    Motor Trend's Car of the Year: Cadillac CTS
  • torque_rtorque_r Posts: 500
    I've read something like GM lost $39 billions in third quarter as non-cash tax related expenses. What does that mean? Any idea?
  • 62vetteefp62vetteefp Posts: 6,048
    I am a bit confused because I am an engineer and not an accountant but it looks like GM took write offs for years because of losses and time ran out. You can only take them so long before you need to make money. I know that is true when I had a rental property. You could not lose money on it year after year and keep taking writeoffs. Supposedly it means nothing except GM does not see profits coming in soon.
  • jae5jae5 Posts: 1,206
    Good point, I didn't think of GMC. But your right, if P/B/G, particularly G being touted as a premium truck brand, I don't think having a Ute will help matters. I maybe, possibly, might be able to see the Ute in Pontiac guise IF Pontiac promotes / markets the G8 as a range of vehicles, i.e. sedan, utility coupe, wagon??... In any event if P/B/G are moving up I think the Ute may cause a slight bump in the road.

    I keep hearing rumblings about Holden doing a G6 replacement but nothing concrete. Things are slowing a little bit with everyone in holiday mode, but sure will pick a little after the new year, with the shows coming up and new product cycles.
  • jae5jae5 Posts: 1,206
    I think it was a good move keeping a stake in GMAC. They basically played their hedge, figuring they will also garner a profit, whether big or small, from the financing arm. Kind of like 62 stated, housing is getting hit hard and is in a huge slump, but a very small number of people are able to get mortgages, and the market will rebound is a few years. Plus some still finance vehicles through GMAC. Again, with the stack they have a steady flow a cash; it may be a trickle sometimes, but a constant stream nonetheless.

    And with the tax hit they took, they could use the cash to keep the momentum going! And who knows, they may later find themselves in a position to take back a majority stake.
  • 62vetteefp62vetteefp Posts: 6,048
    Yes, it has been awhile here is the lineup: (my dream one with reality built in)

    GMC:Premiuim upscale, (make Denali equipment standard)
    Yukon, XL (hydrids available)
    Pickups (hybrids available)
    A nicer midsize pick up truck (hybrids available)
    no large work van (chevy only)

    Pontiac: All performance orientated in handling, power and appearance, for the single at heart
    RWD G5 (replace G5 and Vibe with coupe, hatch)
    RWD G6 (coupe, sedan, convertible)
    RWD G8 (coupe, sedan, Ute)
    RWD Solstice
    FWD/AWD mid sized SUV

    Buick: Gorgeous, styled, premium, comfortable, family
    FWD LaCrosse
    FWD Lucerne,
    AWD Large Park Avenue
    FWD/AWD Enclave
    A convertible based on the Park. Large and lux
  • rockyleerockylee Wyoming, MichiganPosts: 13,994
    So you think Buick, should stay FWD ???........Interesting....I admit I thought it might not be a bad idea and would distinguish themselves further from Cadillac. ;)

    -Rocky
  • lemkolemko Philadelphia, PAPosts: 15,306
    Well, Acura is pretty much all FWD. It doesn't hurt their image. I, personally, wouldn't mind seeing a nice big RWD Buick.
  • 62vetteefp62vetteefp Posts: 6,048
    So you think Buick, should stay FWD

    Yes, pretty much. Then again most buyers do not care if the horse is pushing or pulling so they could be FWD or RWD. I say this because there is no large FWD vehicle platforms are out there except the Lamda. So if GM wants a modern large platform they would have to use the Lamda and that may not make sense for one low volume vehicle (Park/Lucerne). So most likely the next large Buick will be RWD. Then again perhaps a new large FWD platform could be shared between Impala and Buick? May be worth the mods to Lamda?
  • 62vetteefp62vetteefp Posts: 6,048
    So you think Buick, should stay FWD

    Yes, pretty much. GM has the advantage/disadvantage of many well known brand marques. They really need to continue to differentiate them. Then again most buyers do not care if the horse is pushing or pulling so they could be FWD or RWD. I say this because there is no large FWD vehicle platforms are out there except the Lamda. So if GM wants a modern large platform they would have to use the Lamda and that may not make sense for one low volume vehicle (Park/Lucerne). So most likely the next large Buick will be RWD. Then again perhaps a new large FWD platform could be shared between Impala and Buick? May be worth the mods to Lamda?

    So I still stick by my listing of what is best for GM in the lineup but it may not be the most realistic.
  • bumpybumpy Posts: 4,435
    I'd make Chevrolet FWD only except for the trucks, Corvette, and Camaro; Pontiac would be RWD cars only; Buick would be FWD luxury cars and CUVs, and Cadillac would be RWD luxury cars and CUVs (no more truck-based Escalade).
  • 62vetteefp62vetteefp Posts: 6,048
    Pretty good explanation of GM's stock drop.

    GM, to name the most obvious example, is exposed to the subprime mortgage meltdown through its 49 percent stake in GMAC, which lost $757 million in the third quarter alone. How much uglier it might get GM isn't saying.
    Call it the Motown curse.

    Just when Detroit's automakers looked like they were getting some traction -- critically acclaimed products, lower cash burn, landmark contracts with the United Auto Workers that remove billions in health care liabilities and improved competitiveness -- the national economy downshifts, threatening turnarounds at all three companies.

    The Federal Reserve, in minutes released Tuesday of its Oct. 30-31 meeting, said it expects economic growth to slow next year, housing to remain soft (never a good thing for companies deriving meaningful profits from selling pickups to contractors) and oil prices to remain "appreciably higher."


    http://www.detnews.com/apps/pbcs.dll/article?AID=/20071121/OPINION03/711210392/1- 148/AUTO01
  • 62vetteefp62vetteefp Posts: 6,048
    Cadillac would be RWD luxury cars and CUVs (no more truck-based Escalade).

    except they have to keep some form of the Escalade because it just makes too much money to throw away.
  • bumpybumpy Posts: 4,435
    Build it off the platform for the RWD DTS replacement, a la CTS -> SRX.
  • 62vetteefp62vetteefp Posts: 6,048
    Possible but it needs to be big to be an escalade.
  • bumpybumpy Posts: 4,435
    Not so much. It needs to be bigger than other Cadillacs, but mostly it needs to be blingier. That's what sells it.
  • bruce6bruce6 Posts: 29
    Just visited the San Francisco Int'l Auto Show. After years of thinking GM was hopeless, I'm really impressed by their new models. The Malibu is very, very sharp looking, inside and out. The 2-tone interior on the uplevel models is particularly striking, and classier than many more expensive cars. The new CTS is an absolute knockout, inside and out. On the small car front, the new Saturn Astra and the upcoming 2009 Pontiac Vibe both looked pretty sharp as well. If the generally shaky economy doesn't cause too many problems, GM really could be on its way again.
  • 62vetteefp62vetteefp Posts: 6,048
    General Motors wants to broaden the range of vehicles that its new global front-drive compact architecture covers.

    Under development at GM's Opel r&d center here, the new architecture replaces the Delta compact-car architecture. It will debut in the United States and Europe as early as 2009.

    "We are doing a completely new platform that has a huge bandwidth," said Peter Mertens, vehicle line executive for the architecture. The new architecture will stretch beyond the limits of Delta, used for vehicles such as the Chevrolet Cobalt.

    Vehicles planned for the United States include an all-new Saturn Astra in 2009 or 2010. Chevrolet gets a small, minivanlike model in 2009. But the Cobalt may move to another GM architecture.

    GM's plans for the new architecture include:

    Up to five body styles, with prices ranging from less than $10,000 in South America to more than $40,000 in Europe.
    Several sedans and hatchbacks.

    A seven-passenger minivan that will replace the Opel Zafira, and a small, minivanlike vehicle for Chev-rolet in the United States.

    The Chevrolet Volt series plug-in, due in 2010.

    Mertens would not discuss global volume. But the consulting firm Global Insight Inc. projects that GM will produce 1.2 million units annually on this architecture by 2012, when most Delta models are in production. Global Insight expects North America to account for about 400,000 annual sales.

    Besides the Cobalt, the current Delta architecture is the basis for the Chevrolet HHR, Pontiac G5 (Pontiac Pursuit in Canada), Opel and Vauxhall Astra and the 2008 Saturn Astra.

    GM may switch the next-generation Cobalt to GM's new fwd Gamma architecture in 2010. The G5/Pursuit is expected to move to GM's new Alpha rwd vehicle architecture in 2011.

    Mertens said GM's global regions extensively modified models based on the existing Delta architecture. That made it impossible to assemble Delta-based Chevrolet and Opel models in the same plant – a stumble in GM's drive for truly global vehicle architectures.

    The new architecture will be nearly identical across the globe, Mertens said. For the most part, the same suppliers will be used. That means the small, seven-passenger minivan planned in 2009 for GM's Detroit-Hamtramck (Mich.) plant could be exported to Europe.

    "We will have plants with only one body style and one brand, and we will have plants with more body styles and more brands," Mertens said.

    The regional brands and models will be differentiated by powertrains, safety features, standard equipment and chassis tuning. Vehicles will share sheet metal with models sold in other regions, Mertens said.

    The modular design gives flexibility to create vehicles as large as the seven-passenger minivan. A longer floorplan than the current Delta architecture increases the wheelbase. A longer rear clip provides space needed for a third row of seats.

    In terms of driveability, Mertens said, the vehicles will not be clones.

    "If you drive them next to each other, you will certainly see there is a difference in chassis performance between an Opel and a Chevy or between a Buick and a Chevy," he said. "Each is engineered to compete against very specific competitors."
  • bumpybumpy Posts: 4,435
    GM may switch the next-generation Cobalt to GM's new fwd Gamma architecture in 2010.

    Which one is Gamma? The Aveo replacement? I would hope GM has enough sense not to throw away the scraps of nameplate equity that the Cobalt has now by bumping the name down the food chain.
  • 62vetteefp62vetteefp Posts: 6,048
    Bit confusing but it looks like the new architecture being done by GM-Daewoo is at least a subcompact architecture including:
    Aveo
    Corsa
    a sub Corsa sized vehicle
    Astra
    Zafira
    Volt

    From what I can tell this is not the new Gamma architecture but a new smaller architecture.

    The new Gamma architecture:
    Cobalt
    Chevy compact minivan
    China Buick
    Korean Daewoo vehicle
    Saab

    http://www.motorauthority.com/cars/general-motors/gm-developing-one-platform-for- - -all/

    BUT I think there is a lot of confusion and unknowns. With the latest announcement talking about wider bandwidth I bet all the above vehicles are on the new Gamma architecture. But the answer to our message is that the Cobalt and Aveo will be distinct vehicles and both in production at the same time.
  • torque_rtorque_r Posts: 500
    Great to know that the Chevy Malibu won best mid-size sedan. Defeated the Accord? No. The Accord moved up to best full-size sedan in place of Chrysler 300. In the list, there are 2 Chevys, 2 Hondas, 2 Mazdas, 1 BMW, 1 Volkswagen, 1 Infiniti and 1 Porsche.

    BMW 3-Series
    Chevrolet Corvette
    Chevrolet Malibu
    Honda Accord
    Honda Fit
    Infiniti G35 Sedan
    Mazda MX-5 Miata
    Mazdaspeed3
    Porsche Boxster / Cayman
    Volkswagen GTI

    It seems the Accord will always be in the list and for years to come. It will probably always outhandle bigger less agile full-sizers. The Malibu will probably remain there for few years, unless the new Mazda 6 is good enough to dethrone it. It's good there are two Chevys in the list. We haven't seen this in a long time. Another sign of GM's come back.
  • So will they now put it in full size comparisons? I bet they still compare it to the malibu, camry, altima, etc. instead of impala, maxima, avalon, 300, etc.
  • cooterbfdcooterbfd Posts: 2,770
    Ummm.... The site today shows the Caddy CTS and not the Infiniti on the top 10. Think of that; COTY and Ten Best for the CTS!!!!!!!!
  • I agree, it is a bit confusing. Also, will the Volt be built on it's own platform or shared with other vehicles in its lineup even though it's a plug in hybrid?

    The regional brands and models will be differentiated by powertrains, safety features, standard equipment and chassis tuning. Vehicles will share sheet metal with models sold in other regions, Mertens said.

    This statement both comforts and scares me. The comfort comes in because you want to differentiate your products to obtain a broader audience so having different powertrains, chasis tuning, etc. will help that. Sharing the same sheet metal scares me. If you look at the Cobalt, it's just a G5 rebadged and vice versa. Same as back in the 80's when you had the Cavalier and the Sunbird.......Buick Regal/Chevy Monte Carlo/Pontiac Grand Prix.......same 2 door notch back styles, just different badging. You need a different look to go along with different powertrains, safety features, chasis tuning, standard equipment, etc.
  • 62vetteefp62vetteefp Posts: 6,048
    Volt is being built based on a small common architecture.

    It says "will share sheet metal with models sold in other regions". Means that a Chevy Cobalt here may have the same sheet metal as the Opel whatever sold in Europe. Does not say share in same regions but then again it does not say they will not share.

    What years do you think the Regal/Monte/GP ever shared any sheet metal. None ever did.
  • Small common architecture, okay, wonder if this will be the basis of all their new gen hybrids, ie, plug ins. Guess we'll find out as time moves on.

    True, it doesn't say it will not share, which makes you wonder. Different regions of the world I'm okay with, that I certainly can understand so I'm hoping that's the case.

    If you get a chance, check out years '84, '85, and '86. Probably even '81-'83 as well. If there's a way for you to put them side by side, there's no doubt they look a little TOO much a like. You can tell they were built off the same platform with very little difference between them.
  • 62vetteefp62vetteefp Posts: 6,048
    There is no main sheet metal sharing between those vehicles during those years. But they are all similar in size and styling and are too close to each other. I owned a number of those vehicles at one time!!
  • 62vetteefp62vetteefp Posts: 6,048
    GM officials say the car enjoys a turn rate of about seven days, a brisk
    pace fueled by a combination of its favorable reception and limited
    availability. Turnover is even quicker on the West Coast, where a Malibu
    sits on a dealer lot for roughly six days before being sold.

    Scott Daly, sales manager at Courtesy Chevrolet in Phoenix, AZ, calls
    the reception excellent. “We can’t keep them on the lot,” he says.

    “It’s a winner,” agrees Hank Gaylor, sales manager at Classic Chevrolet
    in Grapevine, TX. “We need more.”

    Mark LaNeve, vice president-sales, service and marketing at GM, says the
    new Malibu drove a 15.0% increase in Chevrolet passenger-car sales in
    November – the sedan’s first full sales month.

    “We thought we would sell 1,000 units, and we actually sold 3,994,”
    LaNeve says during a sales call with analysts and journalists.

    GM hopes the ’08 Malibu will provide a more solid entry into the highly
    competitive midsize passenger-car segment dominated by the Toyota Camry
    and Honda Accord. Early anecdotal evidence suggests Malibu is winning
    conquest sales, LaNeve says.

    “There’s a lot of good stories,” he says. “Dealers tell us, ‘You
    wouldn’t believe who is buying them.’ We think we’ve got a legitimate
    contender.

    “We’ve said all along (the) perfect Camry and Accord customer who buys
    five in a row is not our target,” he adds. “But the customers who buy (a
    Camry or Accord) that are indifferent, we think we’ve got a shot at
    those.”
  • Perhaps my mistake in thinking shared sheet metal is synonymous with looks. But therein lies the problem. No shared sheet metal aside, their vehicles back then looked too similar to pick them apart from one another. As time has gone on, they've done a better job but still could do better. Hopefully, taking in the words from the article, they CAN and WILL be able to differentiate their products substantially, even when some vehicles will be built on the same platform. Ought to be interesting.
  • 62vetteefp62vetteefp Posts: 6,048
    The reasons Lutz was brought on was to take care of the product side of GM. How do you think GM has done in the differentiation side since he had input? I see the Malibu/Aura as completely different looking even thought they are both Epsilons. CTS looks very different than anything and the Lamda triplets are pretty differentiated even though I think the Acadia and Outlook could have more styling differentiation and the Enclave is really out there. The Solstice and Sky are somewhat close in styling due to similar proportions yet I think most see a huge market difference. Pontiac is more snarkey and hot rodish while the Saturn has a more made up chrome high end look to it.

    Oh, I almost forgot. I think GM really falls on their face with the SUV/truck differentiation. Why do the GMC and Chevy versions have to share sheet metal???? I would think they could have different fenders and doors. This enough volume out there to support different tools.
  • 62vetteefp62vetteefp Posts: 6,048
    Lets hope nothing bad happens between China and US.

    The Detroit-based company will spend about $1 billion a year on car and engine development, production facilities, technical and after-sales support and infrastructure, Kevin Wale, president of GM's China unit, said in an interview in Shanghai.

    GM will sell more than 1 million Cadillacs, Buicks, and other models in China in 2008, a more than 150-fold increase in sales over a decade. Toyota Motor Corp and Volkswagen AG both plan to add production capacity in the country to raise their own sales.

    "Even with this $1 billion a year, it'll still be tough to remain No 1 in China," Ashvin Chotai, a London-based analyst for Global Insight Inc, said. "With China becoming the most important strategic market in the world, it's crucial to have their investment to stay in the race."


    http://en.ce.cn/Industries/Auto/200712/07/t20071207_13840419.shtml?CFID=18978940- &CFTOKEN=40713187
  • 62vetteefp62vetteefp Posts: 6,048
    Well the house finally passed a decent energy bill. A little fine tuning to make it feasible and off we go.

    http://www.detnews.com/apps/pbcs.dll/article?AID=/20071207/AUTO01/712070390/1148-
  • bumpybumpy Posts: 4,435
    Except for that pesky watered-down-in-the-Senate-then-vetoed thing.
  • hpmctorquehpmctorque Posts: 4,600
    "Well the house finally passed a decent energy bill."

    Why is it decent? I would agree with your statement if you substituted "flawed" for "decent." I'm concerned that we'll look back and conclude that the new CAFE standard will work little better than the socially engineered failure passed in '75, once the unintended consequences are factored in.
  • 62vetteefp62vetteefp Posts: 6,048
    Decent because it made provisions which were not in the original bill that would have made it impossible for full line manufacturers to survive. That was the intent, to force truck makers out of business, but some cooler minds prevailed.

    I have said enough before but true, full line manufacturers in this country would not be able to compete on the car side with those companies that only make cars. Toyota may have survived because they have much money in the bank and the truck side of their business is a very small percentage of their sales.
  • I think he's done a fairly good job at differentiating some of the GM products. Like I may have said before, the G5/Cobalt bear too much of a resemblence to each other, they need to put some more effort in that one. I have to agree with the comparisons you've made, I think you're right on target. I actually think there's enough styling difference between the Outlook and Enclave but it's not a HUGE difference. At least the hp output between the two can be different (270 in the Outlook vs standard 275 in the Acadia). :D

    Since GMC is their exclusive truck division, that should be the one that's 'bolder', has more 'this is what a truck is supposed to be' attitude about it. Same platform between the two is fine but that's the downside of trying to save money, can create too much sharing at times.

    Like others in this post and other posts have said, bring the interiors up to par with their competition and you'll see dramatic forward steps in sales. Too many reports about their interiors being lackluster. I hear the one about the Malibu is good, maybe that will help change the image of GM (Gonnabe Mediocre)
  • 62vetteefp62vetteefp Posts: 6,048
    I forgot about the G5. That car was brought out to fix a mistake. Pontiac shoulda had a coupe compact. Period. Once GM got lambasted by the pontiac dealers they rushed one into production with new fascias. Hopefully this will be corrected soon with a new vehicle at Pontiac. Perhaps the new Vibe?

    Interiors are also "fixed" since Lutz took over. LaCrosse, while having a not so well styled interior is top notch in quality and materials in it's segment. From then on it got better. SRX, CTS, full size trucks, Lamdas, Aura have all been given Kudos for thier interiors.
  • lemkolemko Philadelphia, PAPosts: 15,306
    One of the first things I noticed about the LaCrosse was its interior which was much nicer than either the Century or Regal. The interior in my girlfriend's car is holding up well.
  • 62vetteefp62vetteefp Posts: 6,048
    Looks like we all better be ready for a new mix of vehicles and some large price increases. Most likey the increase, due to competition, will be closer to $5000. With the increase in aluminum usage (the hybrid SUV's use huge amount of aluminum body parts) aluminum price will skyrocket. As in the 70's HP will greatly decrease to about 1/2 of where it is today. Perfectly acceptable but quite a change in what we are used to.

    SAN DIEGO -- A massive change to General Motors’ future product plans is
    expected if the 35 mpg CAFÉ fleet average favored by Congress is enacted
    into law.

    “The minute we have confirmation of the 35 mpg rule, that is the point
    where we go through all of our forward product plans and probably
    introduce, frankly, massive restructuring of the product plan,” said GM
    Vice Chairman Bob Lutz. “A 35 mpg fleet mix means there is a bunch of
    stuff out there that is going to have to be 40 and 50 mpg.”

    He estimated a $6,000 to $7,000 increase in the price of vehicles
    requiring new technology. GM is offering a two-mode hybrid power system
    in the 2008 Chevrolet Tahoe and GMC Yukon, although it has not said what
    the price of the option will be.

    While such vehicles as 2008 Saturn Astra, which goes on sale later this
    month, gets 32 mpg on the highway and could be tweaked to reach 35 mpg,
    he said “there is no way that we’re going to get pickups and sport
    utilities to anywhere close to 35 mpg.” The two-wheel-drive Tahoe with a
    two-mode hybrid system gets 21 mpg city/22 mpg highway.

    Lutz said it is impossible for GM’s Lambda-based crossovers, such as the
    Buick Enclave, to achieve 35 mpg, he said. GM’s plans for larger
    rear-wheel-drive vehicles like a Chevrolet Impala replacement remain
    uncertain, Lutz said.
  • 62vetteefp62vetteefp Posts: 6,048
    Finally, some Christmas cheer for those beleaguered execs at General
    Motors Corp.
    Robert A. Lutz fulfilled a pledge to deliver "benchmark" cars after
    being to a top executive in 2001.

    The company finally cracked an exclusive motoring list. And in a big
    way.
    GM placed three vehicles in Car and Driver magazine's 10 Best list for
    2008, which appears in the January edition that became available this
    week.

    That's fitting, because in 2004 Lutz took over responsibility for GM's
    global product development.

    GM's nameplates on the current list are Chevrolet's Malibu and Corvette
    and the Cadillac CTS


    Alisa Priddle, senior news editor at CarandDriver.com, said that the
    three GM models are impressive -- especially the Malibu, which she
    tested back-to-back with the Toyota Camry.

    "The Malibu was definitely a better performer than the Camry," she said.
  • 62vetteefp62vetteefp Posts: 6,048
    Interesting that there is only a 4 point spread now between Toyota and GM yet GM increase it's percentage 3 points over last year. Huge jump for GM while Toyota did not change. It looks like it was Toyota, GM Honda, BMW, Ford(54.4) and then Chrysler at 50%.

    Toyota Motor Company does a better job than any car company
    in America of keeping its customers coming back, according to data from
    J.D. Power and Assoc. General Motors ranks second in customer retention.

    Among recent new car buyers whose previous car was a Toyota, Lexus or
    Scion 68.9 percent bought another Toyota Motor Co. product. That's
    similar to Toyota's retention rate last year, according to J.D. Power.

    Meanwhile, owners of Chevrolet, GMC, Pontiac, Saab or other GM vehicles
    bought a GM product again 64.7 percent of the time, according to J.D.
    Power.

    That represent's about a three percentage point improvement over last
    year for GM.
  • 62vetteefp62vetteefp Posts: 6,048
    One thing that came out was that if you look at individual marques like Chevrolet or Pontiac the customer retention does not look that great. This is the data that is published to the media. However the writer of this story was shown the corporate data and found that GM is just under Toyota in retention.
  • rockyleerockylee Wyoming, MichiganPosts: 13,994
    62,

    Hows it going pal !!!! Thanks for the article !!!! I have to say something and that is this new CTS, is gotta be one hot seller. I see more 2008 CTS's here in Grand Rapids, Mi. than I do camcords !!!! :surprise: They are everywhere!!!!! :surprise:

    When I make the big bucks like gagrice, when I get older :P then I'm going to have to invest in another "LAC" :shades:

    -Rocky
  • 62vetteefp62vetteefp Posts: 6,048
    Just reporting the facts. No one can seem to make any comments about them though. Too busy complaining about air filters. :blush:
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