Lacrosse, Equinox, SRX, And Camaro exceeding forecasts
#1
Registered User
Thread Starter
Join Date: Dec 2000
Location: City of Champions, MA, USA
Posts: 1,214
Lacrosse, Equinox, SRX, And Camaro exceeding forecasts
http://www.marketwatch.com/story/gm-...nal-2009-09-16
General Motors Co. may turn out more of its most popular new models because it underestimated demand for a number of new products that came to market after the company filed to reorganize in June, The Wall Street Journal reported, quoting Vice Chairman Bob Lutz. GM /quotes/comstock/11i!mtlqq (MTLQQ 0.70, -0.01, -1.34%) had been cautious as it planned production, and its conversations with dealers earlier in the year had led the company to expect demand to be softer than it actually was, the report said. The newspaper quoted a Wisconsin dealer as saying that the hot models are the Cadillac SRX, Chevrolet Equinox, Buick LaCrosse and Chevrolet Camaro. Those models are among the one exceeding GM's forecasts, Lutz said.
#2
Is LaCrosse even for sale yet? I know they shipped a few but then had some major electrical issues with them and halted all sales and production. How can they exceed sales forcasts if the car was only for sale for a few days and then put on hold?
#3
Registered User
Thread Starter
Join Date: Dec 2000
Location: City of Champions, MA, USA
Posts: 1,214
The WSJ has an article too, kind of shows the dealers are still out of touch as usual.
http://online.wsj.com/article/SB125305886067314043.html
Need a subscription to view the rest:
http://online.wsj.com/article/SB125305886067314043.html
Need a subscription to view the rest:
General Motors Co. dealers are pushing the car maker to boost availability of some of its hottest-selling models, forcing the company to reconsider production plans for 2009.
GM Vice Chairman Bob Lutz said Tuesday the car maker underestimated demand for a slate of new products that hit the market after its bankruptcy filing in June. The miscalculation was due primarily to the fact GM aimed to be overly cautious as it planned production volumes, and because its conversations with dealers earlier in the year led the company to expect softer demand than GM has seen in recent weeks.
"We need ...
GM Vice Chairman Bob Lutz said Tuesday the car maker underestimated demand for a slate of new products that hit the market after its bankruptcy filing in June. The miscalculation was due primarily to the fact GM aimed to be overly cautious as it planned production volumes, and because its conversations with dealers earlier in the year led the company to expect softer demand than GM has seen in recent weeks.
"We need ...
#4
I saw one for the first time on a road trip to Austin last weekend. Yesterday I saw another one. Very nice looking car in person.
#5
They have been on sale for about a month. I didn't hear about the electrical issue. Do you have more info on that?
#8
Unfortunately for every model that's doing well, GM usually has two or three more that have been left to rot on the vine and are doing poorly (e.g. Impala). Of course, you never hear about those in GM's press releases.
Hopefully this will be one of the advantages of fewer brands and models. They'll be able to refresh them quicker before they start to drag down the average.
Hopefully this will be one of the advantages of fewer brands and models. They'll be able to refresh them quicker before they start to drag down the average.
#9
Registered User
Thread Starter
Join Date: Dec 2000
Location: City of Champions, MA, USA
Posts: 1,214
Unfortunately for every model that's doing well, GM usually has two or three more that have been left to rot on the vine and are doing poorly (e.g. Impala). Of course, you never hear about those in GM's press releases.
Hopefully this will be one of the advantages of fewer brands and models. They'll be able to refresh them quicker before they start to drag down the average.
Hopefully this will be one of the advantages of fewer brands and models. They'll be able to refresh them quicker before they start to drag down the average.
#10
#11
Time to jump on the bandwagon.
#12
In and of itself, there is nothing wrong with the Impala. My group rented one some years ago when we went through a course up in Seattle, and I was one of the 2 whose name was on the rental and the primary driver. The Impala is put together well, is unexpectedly tossable, and the V6 had enough punch. When the latest design first came out I mistook it for the latest Honda, but buyers looking for cars in this class are looking more for dependable, value packed, appliences more than stunning style. In that light, the Impala does exactly what it's supposed to do, and sells very well as a result.
The issue with Impala is simply that it's a yawn on the automotive landscape.
The design of the car was yesterday before the 1st one rolled down the assembly line. Flashier cars have been grabbing all the headlines over the years like the 300 & Charger. Even the newer Camrys and Accords now are designed to have a pulse. Meanwhile, the Impala is the most painfully boring looking car in the Chevrolet showroom.
Comparing the sales of Impala to the Malibu puts Impala in a great light (Impala sales are all but thrashing those of the Malibu) that doesn't tell the true story in the automotive market. Fusion is trashing the Impala where sales were once very much the opposite (don't even ask what the Fusion is doing against Malibu sales... you really don't want to know ) Then there's still the pesky sales numbers of the Honda Accord and Camry that puts a damper on things.
Off subject, it should be intresting to see how the Ford Taurus does in the marketplace once Ford finally starts producing them at more than a trickle (Ford is ramping up Taurus production at a snailspace to avoid any quality glitches or recalls). The Taurus will cost a bit more than the competition, but will be far ahead as far as design, quality, fit and finish, level of interior materials. Instead of the Impala's value message, the Taurus' message is "pay a little more to get a whole alot more".
Should know if that message is resonating by the time spring rolls around.
The issue with Impala is simply that it's a yawn on the automotive landscape.
The design of the car was yesterday before the 1st one rolled down the assembly line. Flashier cars have been grabbing all the headlines over the years like the 300 & Charger. Even the newer Camrys and Accords now are designed to have a pulse. Meanwhile, the Impala is the most painfully boring looking car in the Chevrolet showroom.
Comparing the sales of Impala to the Malibu puts Impala in a great light (Impala sales are all but thrashing those of the Malibu) that doesn't tell the true story in the automotive market. Fusion is trashing the Impala where sales were once very much the opposite (don't even ask what the Fusion is doing against Malibu sales... you really don't want to know ) Then there's still the pesky sales numbers of the Honda Accord and Camry that puts a damper on things.
Off subject, it should be intresting to see how the Ford Taurus does in the marketplace once Ford finally starts producing them at more than a trickle (Ford is ramping up Taurus production at a snailspace to avoid any quality glitches or recalls). The Taurus will cost a bit more than the competition, but will be far ahead as far as design, quality, fit and finish, level of interior materials. Instead of the Impala's value message, the Taurus' message is "pay a little more to get a whole alot more".
Should know if that message is resonating by the time spring rolls around.
#13
Registered User
Thread Starter
Join Date: Dec 2000
Location: City of Champions, MA, USA
Posts: 1,214
http://online.wsj.com/mdc/public/pag...autosales.html
#14
Not yet, it still is GM's number 1 selling car.
http://online.wsj.com/mdc/public/pag...autosales.html
http://online.wsj.com/mdc/public/pag...autosales.html
The important thing is how well a car does within its market against its competitors. And by that yardstick, Impala is losing ground. Not only that, being as terribly outdated as it is, it's hardly a showcase for "the new GM" that they're trying to say can go toe to toe with any competitor. People cross-shopping an Impala against its competition are going to think it's still the old GM pushing out the cheapest cars possible.
#15
Registered User
Thread Starter
Join Date: Dec 2000
Location: City of Champions, MA, USA
Posts: 1,214
It doesn't matter how well it sells compared to GM's other cars; that comparison makes virtually no sense. Different cars are in different markets and have completely different sales expectations. It'd be like not caring if Silverado sales tanked by 200,000 units because, hey, it's still GM's best selling vehicle.
The important thing is how well a car does within its market against its competitors. And by that yardstick, Impala is losing ground. Not only that, being as terribly outdated as it is, it's hardly a showcase for "the new GM" that they're trying to say can go toe to toe with any competitor. People cross-shopping an Impala against its competition are going to think it's still the old GM pushing out the cheapest cars possible.
The important thing is how well a car does within its market against its competitors. And by that yardstick, Impala is losing ground. Not only that, being as terribly outdated as it is, it's hardly a showcase for "the new GM" that they're trying to say can go toe to toe with any competitor. People cross-shopping an Impala against its competition are going to think it's still the old GM pushing out the cheapest cars possible.
As outdated and crappy as it is, down 37% in sales from last year, and it still outsells the Malibu(which is up 11%) every month. Ignoring the numbers and spouting the same boring rhetoric that gets thrown around here every week is mind numbing. Nevermind that its only fallen 1K units behind the all new Fusion, the Impala is certainly holding its own.
Last edited by super83Z; 09-20-2009 at 11:08 AM.