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Old 01-21-2009, 06:28 PM   #1
radz28
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Mr. Ed Peper says GM to gain market share in 2009

http://www.autoblog.com/2009/01/21/g...arket-share-i/

"Here we are, not yet through the first month of the new year, and Ed Peper, vice president at Chevrolet, is already predicting that the Bowtie brand will increase market share in 2009. What evidence does he submit to arrive at this early conclusion? Last year, Chevy managed to post an increase of six-tenths of a point in retail share in 2008, despite the horrible market conditions late in the year, with the Malibu leading the charge by increasing sales by nearly 40% over the previous generation.

The latest Malibu is certainly a good place to start, and Peper believes that the updated Equinox crossover will make similar inroads in the market. Peper also points to wins by the Malibu and Silverado in recent J.D. Power Initial Quality studies as proof that the brand's products are improving and are comparable to their import competition. These wins are a good place to start, and Peper says the brand will continue to heavily market its best products, but we maintain that it's a bit early to be tooting one's horn with only a half of one month's sales in the books."

Hopefully he'll be right on
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Old 01-21-2009, 06:38 PM   #2
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Those are my same predictions
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Old 01-21-2009, 06:42 PM   #3
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Just heard Toyota just took first place in sales from GM in 2008. Looks like Ed has his work cut out for him.
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Old 01-21-2009, 06:44 PM   #4
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With lower quality cars, Toyota won't last long.
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Old 01-21-2009, 06:50 PM   #5
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They better. I own GM stock!!!! Buy GM please!!!!!!!!
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Old 01-21-2009, 07:38 PM   #6
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Originally Posted by fastfret7 View Post
They better. I own GM stock!!!! Buy GM please!!!!!!!!

I'm trying to convince my parents to buy American only.
We currently own 3 Chevrolets, 1 Dodge, and a Nissan (my dad's baby is a 1990 300ZX)
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Old 01-21-2009, 08:06 PM   #7
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Quote:
Originally Posted by radz282003 View Post
Last year, Chevy managed to post an increase of six-tenths of a point in retail share in 2008, despite the horrible market conditions late in the year,
That's impressive! Here's to hoping for at leas a full percentage point in '09!!!
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Old 01-22-2009, 09:59 PM   #8
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Increasing market share is the best they can hope for in a shrunken market. Hopefully they steal from imports rather than Ford and Dodge. I was raised a Ford-hater, probably gonna die a Ford-hater, but I'd rather see people driving them than Nissans or VW's.
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Old 01-22-2009, 10:56 PM   #9
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I hope Ed is right. It would be nice to see them above 25% of the market again.
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Old 01-22-2009, 11:08 PM   #10
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I hope Ed is right. It would be nice to see them above 25% of the market again.
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