Way to go, GM

Tysen · 08-04-2011, 10:10 AM

http://money.cnn.com/2011/08/04/news...Top+Stories%29

Nvincent4708 · 08-04-2011, 10:12 AM

Kahdir · 08-04-2011, 10:16 AM

bhall82 · 08-04-2011, 10:18 AM

bthomp01 · 08-04-2011, 10:26 AM

Always awesome to see things headed in the right direction for Detroit

kaveduck · 08-04-2011, 10:28 AM

Nice!!

Overflow · 08-04-2011, 10:34 AM

Awesome!!

GoldCartridgeGamer · 08-04-2011, 11:06 AM

Go GM!

thebighar · 08-04-2011, 11:44 AM

Don't go to crazy...once they are back on their feet they will be selling cars for a lot more...if they were not in the shape they were in two years ago we would have been paying a lot more for our camaros. You'll be paying more than sticker price in the future I'm sure for one of these beautys.

Mojave · 08-04-2011, 11:48 AM

POW !

bthomp01 · 08-04-2011, 11:55 AM

Quote:

Originally Posted by thebighar

Don't go to crazy...once they are back on their feet they will be selling cars for a lot more...if they were not in the shape they were in two years ago we would have been paying a lot more for our camaros. You'll be paying more than sticker price in the future I'm sure for one of these beautys.

As long as the demand is there, I'm all for that. It'll be unfortunate for me personally, but as long as it makes good business sense then I would want them to make that move. The better they do, the more likely we'll continue to be able to purchase these beauties, regardless of the price, in the future.

And they're definitely "back on their feet". They still need to purchase the rest of the shares the government holds, but that can't be very far down the road.

CaniacFan · 08-04-2011, 12:01 PM

I ordered my Camaro three days before GM filed bankruptcy on June 1st, 2009. Then, my order "disappeared" from their system after 4 months - hence one week shy of 7 months to get my car. I walked away from GM over a decade ago when they just started mass producing vehicles and the quality took a step (or several steps) backward.

I'm glad to see that they continue to pay their loans down. They currently have a fantastic selling lineup - I just hope they have learned from the first meltdown.. Baby steps GM.

Way to go..

*DGthe3* · 08-04-2011, 08:06 PM

Quote:

Originally Posted by thebighar

Don't go to crazy...once they are back on their feet they will be selling cars for a lot more...if they were not in the shape they were in two years ago we would have been paying a lot more for our camaros. You'll be paying more than sticker price in the future I'm sure for one of these beautys.

Huh? Are you saying that the driving force behind their resurgence is selling discounted cars? That isn't the road to profitability. People will pay more for better cars. So by building better cars, they've been able to charge a bit more & reduce their incentives. Thats where most of their profits have been coming from lately.

Plus, if you pay more than sticker, GM has absolutely nothing to do with it. MSRP= Manufacturers Suggested Retail Price, ie the price GM expects the car to be sold at. Anything above that is your dealership charging you more.

Cbrenthus · 08-04-2011, 09:10 PM

Quote:

Originally Posted by thebighar

Don't go to crazy...once they are back on their feet they will be selling cars for a lot more...if they were not in the shape they were in two years ago we would have been paying a lot more for our camaros. You'll be paying more than sticker price in the future I'm sure for one of these beautys.

I doubt it, the camaro price has to be competitive with the mustang to keep up this volume.

08-04-2011, 10:10 AM	#1
Tysen Drives: 2011 RJT 2SS/RS M6 Join Date: Oct 2009 Location: TN Posts: 2,441 View My Garage	Way to go, GM http://money.cnn.com/2011/08/04/news...Top+Stories%29 __________________ "I'm a man who discovered the wheel, and built the Eiffel Tower out of metal and brawn! That's what kind of man I am." - Ron Burgundy My build thread

08-04-2011, 10:16 AM	#3
Kahdir Drives: 2010 Chevrolet Camaro 2SS/RS Join Date: Aug 2008 Location: PA Posts: 2,178 View My Garage	__________________ SEPA5.COM – South East Pennsylvania Camaro Owners

08-04-2011, 10:26 AM	#5
bthomp01 Drives: 2010 2SS/RS IBM M6 Join Date: Nov 2009 Location: Austin, TX Posts: 359 View My Garage	Always awesome to see things headed in the right direction for Detroit __________________ 2010 IBM 2SS/RS - T BRUTAL Matte Black Bumblebee Stripes - Unpainted Heritage Grille - Blacked Out Bowties - Stainless Works S-Tube Catback - CAI, Inc. Cold Air Intake Whiteline Rear Cradle, Rear Differential, Front Radius Rod Bushings - BC Racing BR Coilovers - Installed by Whiteside Customs

08-04-2011, 11:06 AM	#8
GoldCartridgeGamer Drives: 2014 Ford SVT Raptor SuperCrew Join Date: Jun 2011 Location: Memphis, TN Posts: 7,527	Go GM! __________________ Phoenix (sold) 2014 Ford SVT Raptor SuperCrew How to hug your camaro Buy the car that you would most like to get beat in. The other guy will always be faster.

08-04-2011, 11:48 AM	#10
Mojave San Diego Head Tuners Drives: 2016 Camaro 1SS ,NPP,MagRide, A8 Join Date: May 2009 Location: Temecula, CA Posts: 2,440 View My Garage	POW ! __________________ 2016 1SS A8, NPP, MagRide, Black Rims My 5th Camaro (3 Gen5, 1 Gen4) Member of San Diego Head Tuners https://www.youtube.com/c/MojaveKY https://www.instagram.com/mojaveky/ https://twitter.com/MojaveKY http://dinowax.refr.cc/bryanm 15% off DinoWax orders

08-04-2011, 10:12 AM	#2
Nvincent4708 Drives: N/A Join Date: Nov 2010 Location: N/A Posts: 25,856 View My Garage

08-04-2011, 10:18 AM	#4
bhall82 Account Suspended Drives: 2011 SS/RS Join Date: May 2011 Location: North Carolina Posts: 15,241

08-04-2011, 10:28 AM	#6
kaveduck Account Suspended Drives: 2010 Chevy Camaro SS V8- IOM Join Date: Feb 2011 Location: Florida Posts: 216 View My Garage	Nice!!

08-04-2011, 10:34 AM	#7
Overflow Space Shuttle Aficionado Drives: 2016 Camaro 2SS Join Date: Jun 2010 Location: Tampa, FL Posts: 30,897 View My Garage	Awesome!!

08-04-2011, 11:44 AM	#9
thebighar Drives: 2018 1LT RS V6 Nightfall Grey Join Date: Jun 2009 Location: Willow Grove PA Posts: 570	Don't go to crazy...once they are back on their feet they will be selling cars for a lot more...if they were not in the shape they were in two years ago we would have been paying a lot more for our camaros. You'll be paying more than sticker price in the future I'm sure for one of these beautys.

08-04-2011, 12:01 PM	#12
CaniacFan Drives: '10 SS CGM #75,288, '14 Stingray Join Date: Aug 2009 Location: Wake Forest, NC Posts: 3,938	I ordered my Camaro three days before GM filed bankruptcy on June 1st, 2009. Then, my order "disappeared" from their system after 4 months - hence one week shy of 7 months to get my car. I walked away from GM over a decade ago when they just started mass producing vehicles and the quality took a step (or several steps) backward. I'm glad to see that they continue to pay their loans down. They currently have a fantastic selling lineup - I just hope they have learned from the first meltdown.. Baby steps GM. Way to go..