Quote:
Originally Posted by NJNETSFAN
(Post 616287)
from my understanding, the G8 was a lot like the GTO when it came to sales, Americans simply didn't buy it. With GM in the financial state it's in, the G8 probably wouldn't bring them the profit they want....but the same could be said about the volt, I don't think GM will be making a cent on them.
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Eh, yes and no. GTO didnt sell well till they put the LS2 in there. 04's were the worst in sales.
G8 doesnt bring in much profit at all, with the exchange rate cutting any and all out. The only thing that the G8 does is keep the Elizabeth plant active with another shift.
G8's are selling very well now, because people dont like spending 30k for a Pontiac.
And no, the Volt wont make any money for GM for a while.
Quote:
Originally Posted by NJNETSFAN
(Post 616320)
Total GTO sales for 04-06 was 40,808. G8 is nowhere near that. G8 is a great car, just americans aren't buying it. The 57% in sales isn't much when you think of last years sales of under 2,000 a month. Selling G8's at 2600 a month steadily would still only put production at about 31,000 a year...that wasn't enough to keep the f-body a live...so what has changed now other than the economy is worse?
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Over 40 years, 40k units.
G8 has only one year of sales, and they sold 15k in aprox a year. And the trend was coming up.
Quote:
Originally Posted by NJNETSFAN
(Post 616377)
That's why earlier this year GM cut their production for the first 6 months of the 09 G8 from 10,000 units to well under that.....right:rofl:
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While GM cut a lot of plants to save money, Holdens plants were at full swing from what I can remember.
Quote:
Originally Posted by NJNETSFAN
(Post 616381)
but to cut a reported almost 97%(going off of facts on the internet)...c'mon...Gm obviously saw they weren't selling.
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No...no such thing happend. Actually as things got worse in the market, G8 sales started going up. It bucked the trend.
Quote:
Originally Posted by r0nin89
(Post 616557)
Wait wait wait.
I thought that the g8 not getting brought over to chevy was all based on the fact that part of the Government Motors bailout moved rules into play about mileage restrictions and forbid imported rebadging??????
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um...there are no rules for "Goverment Motors". The rules are one thing: make money.
Its not to build green cars
Its not to build cars that people dont want
Its not to build cars that get 50mpg and everything else is getting junked.
In fact, the Auto Task Force were climbing all over the CTS-V coupe preproduction car, along with apparently the Z28, and several other very cool cars coming out of GM, all designed, developed and moved foward BEFORE "goverment motors."
The MPG rules were set up by Bush, and redefined and reconfigured by Obama. Bush had a rule that all cars and trucks must have a combined MPG of 35 by 2014. Never before have the cars and trucks been combined.
Obama came in and adjusted it with the cars getting 35.5 and trucks in the mid 20s.
GM can do that very easily now that trucks dont have to get an average of 35mpg as well.
As for the imported part, GM can import X amount of vehicles.
The goverement, ie us, is an investor in GM Co.