Automotive News / Industry / Future Vehicle Discussion Automotive news and discussion about upcoming vehicles

LaNeve goes on record that GM's plan is to begin to drop incentives and lower MSRPs

Thread Tools
 
Search this Thread
 
Old Mar 24, 2005 | 07:45 AM
  #1  
Darth Xed's Avatar
Thread Starter
Registered User
 
Joined: Dec 2000
Posts: 8,504
From: Ohio
LaNeve goes on record that GM's plan is to begin to drop incentives and lower MSRPs

Originally Posted by The Car Connection
Marketing and sales chief Mark LaNeve also told TheCarConnection he plans to pull back on incentives, using them more as a deal closer, rather than a come-on. Instead, GM will trim back prices, especially on future models, to make them more competitive. At least, that's the goal.
It will be interersting to see how this is phased in.

TrailBlazer was the first to have an MSRP rollback if I remember right...???

I know a lot of people here have been calling for this move, so it looks like this an official acceptance of that strategy.
Old Mar 24, 2005 | 07:54 AM
  #2  
Geoff Chadwick's Avatar
Registered User
 
Joined: Apr 2002
Posts: 2,154
From: All around
Re: LaNeve goes on record that GM's plan is to begin to drop incentives and lower MSRPs

I hope so. Thats long overdue...

Hopefully they wont get smacked though for it. We'll have to wait and see how things play out...
Old Mar 24, 2005 | 07:55 AM
  #3  
dream '94 Z28's Avatar
Registered User
 
Joined: Nov 2001
Posts: 1,646
From: Portland, OR
Re: LaNeve goes on record that GM's plan is to begin to drop incentives and lower MSRPs

Good
Old Mar 24, 2005 | 08:09 AM
  #4  
DrewSG's Avatar
Registered User
 
Joined: Oct 2004
Posts: 627
From: Ft. Lauderdale, FL
Re: LaNeve goes on record that GM's plan is to begin to drop incentives and lower MSR

Obviously they didn't start with the GP GXP which starts at 30K, optioned out past 35K and already has a $2,000 rebate on it.
Old Mar 24, 2005 | 12:59 PM
  #5  
97z28/m6's Avatar
Registered User
 
Joined: Aug 2002
Posts: 3,597
From: oshawa,ontario,canada
Re: LaNeve goes on record that GM's plan is to begin to drop incentives and lower MSRPs

looked at a 04 monte ss s/c at the dealer today. MSRP was 43k marked down to 31k. Mustang GTs start at 32k.
Old Mar 24, 2005 | 01:17 PM
  #6  
Gold_Rush's Avatar
Registered User
 
Joined: Aug 2004
Posts: 1,870
Re: LaNeve goes on record that GM's plan is to begin to drop incentives and lower MSRPs

Good. Cause the rebate specials were cheapening GM's image. It seemed gimmicky. And even with all the specials, the msrp probably scared away a lot of consumers who aren't aware of GM's pricing strategy.
Old Mar 24, 2005 | 02:22 PM
  #7  
2MCHPSI's Avatar
Registered User
 
Joined: Dec 1999
Posts: 753
From: Annapolis Md. USA
Re: LaNeve goes on record that GM's plan is to begin to drop incentives and lower MSRPs

Exactly, not to mention the percieved resale values show a huge percentage drop.

Retarded marketing, but necessary I guess at the time to keep the UAW working.... Because GM would have to pay the UAW if they stopped production anyway.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
dbusch22
Forced Induction
6
Oct 31, 2016 11:09 AM
HectorM52
Parts For Sale
2
Jan 31, 2015 07:29 PM
PFYC
Supporting Vendor Group Purchases and Sales
0
Dec 1, 2014 08:08 AM
regular Joe
Car Audio and Electronics
2
Aug 8, 2002 07:53 AM
formula79
Automotive News / Industry / Future Vehicle Discussion
23
Jun 20, 2002 01:42 PM




All times are GMT -5. The time now is 02:32 PM.