Quote:
Originally Posted by Dragoneye
Link broken.
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Restored:
http://www.autoobserver.com/2010/06/...ates.html#more
Don't get me wrong...GM has truly done a fantastic job in the past 12 months. Much of that "operational modification" has come at a heavy price for us all. And there
IS some more much-needed new product close at hand.
The
REAL test will be met when incentives diminish to a level at/below Industry Average. At that point, profits/unit will dramatically improve as the perceived image of the product improves. Until then, with Industry-leading incentives, GM is still paddling against the current...and "public opinion"...
223,000 units X $1600 ($3700+[GM] - $2100+[Toyota]) is closing in on a BILLION DOLLARS...per MONTH...to buy an extra 60,000 units..."Top Domestic" vs. "Top Import"...
Higher oil prices, alone, would narrow that Sales gap...it always has, in the past...
Frankly, the dramatic numbers in Fleet, in some ways, shines a good light on GM. The economy, in many circles, shows signs of improvement, so Business is reinvesting...in new vehicles...and are once again considering GM... Is GM being too generous? To Fleets
AND the general public?