[Absolut Speed]

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.

[Pilot]

Yeah, that was my 2002 that also had the waterpump gaskets fail. I've also had the brakes warp 5 times in the warranty period. I know I was a bad boy, but switched to slotted/cross drilled and no problems since. Had a RR axle bearing turn bad on me. Right now, the driver's door ajar sensor isn't working right and I've also had a couple speakers blow on me.

Kevin... as far as the 6 grand profit and assuming that an automaker won't sell at a lost, my question to you is this. What about the situation of overstocks? The automaker is in a position of having too many units already available for sale that aren't moving, and also a production line that costs the company PLENTY of money for every hour it's shut down. What provides the lesser of two evils? Which position is losing less money? As far as the 6 g profit... I don't think only the automakers are seeing that. I'm pretty sure that the dealers are seing quite a bit of it as well. Just a couple of more thoughts to toss out... I'm just not sure to agree or disagree with all of this. One way or another, I don't exactly like it.