Quote:
Originally Posted by rodscamaro
Chevrolet is getting there, but I think the quality of their vehicles are just par. Even though I buy American, I sometimes wonder how the quality is on the other side. Especially considering how much a new car or suv cost.
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The quality on the other side of the Pacific is pretty much non-existent right now. Go to an auto show, sit in a Corolla, then sit in a Cruze. The fact that I went around a brand-new Sienna and pointed out numerous quality defects to a Toyota representative just shows how far they've sunk.
Quote:
Originally Posted by 8cd03gro
I'm sure Lutz did push off as much of the blame as possible in his book. Funny enough, look at the 2011 YTD sales data. A much higher percentage of sales in 2010 and 2011(thus far), almost double in fact, were SUVs and light trucks than in the mid 90s, out of a far lower total sales figure. So GM must be less healthy, especially considering the market has shifted further toward small, efficient cars, right?
As of June 1, 2011
General Motors Corp. 1,046,275
Total Cars 438,409
Total Light Trucks 607,866
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The point is that as of now, GM is making a profit on both trucks AND cars. The Impala and Malibu basically print money for GM at this point (which is why GM is so reluctant to redo the Impala, to my great irritation).
And anyone who expected light truck sales to drop is delusional. America will always need and want trucks.
But like someone said, depending on the profit from one product to cover the losses of another, in addition to relying on your finance arm for profit, does not make a healthy company.