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Advanced Member ![]() ![]() Group: Advanced Members Posts: 588 Joined: 23-December 03 From: Sterling, IL Member No.: 7 ![]() |
Last fall, GM announced a reduction in GTO production and had to offer large rebates on this brand new model to sell off inventory
In December, GM had a 301 day supply of SSR's on hand. Then the XLR gets a production cut from 23 to 12 a day. There's a 200 day supply of them out there. Cadillac hoped to sell 6,000 annually, but through 18 months, sold just 4,744. February, GM decides to cut $1500-$2000 off the sticker mid-year on Trailblazers/Envoys/Rainiers and currently has 0% for 60 months to get them selling again. TrailBlazer sales fell 46% compared with January 2004. Envoy sales were off 52% and Rainier 27% according to Autodata reports. Then for March, the factory that produces the LaCrosse & Grand Prix is shutting down for a week. Then the earnings forecast for 2005 drops 80%. Stocks drop to 8 year low. I think this goes back to cutting the Camaro and Firebird out of the lineup. |
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LS1 Inside! / Toolbox / Mechanical Engineer ![]() ![]() ![]() Group: Advanced Members Posts: 2,215 Joined: 5-February 04 From: NJ Member No.: 179 ![]() |
These talks of German cars......you guys ever try to work on them? They suck! I spend a few days a week stopping by my buddies shop or working there. He curses BMW, Audi, & VW all the time. Simple things like fuel filters can take hours to find, let alone replace. Special tools are required for this and that.
My 01 Z28 has a lot of upgrades, has had a hard track life, but hasn't had a trip to the dealer or problem in 4 years/31k miles. What was GM thinking? Aztek SSR Rainier etc., etc., etc. They need to stop trying to make the car they think will create a niche or a boom, and just try and build normal cars that people want. The only vehicles I would consider from GM now are the C6, GTO, Full size trucks/SUV's. But I'm not sure I'll ever buy a new car again, it seems like a waste of money. |
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Lo-Fi Version | Time is now: 4th July 2025 - 08:38 PM |