Posts Tagged ‘Gm’

Chevy Tahoe: Selling Like Gangbusters

Tuesday, January 25th, 2011

The jury is in concerning the recently released big SUVs from General Motors: they are an awesome success story. The Chevy Tahoe together with its GMC Yukon and Cadillac Escalade siblings are bringing in massive gains for GM. Just in time too because the automaker pares excess capability, closes plants, and lays off tens of thousands of workers. Thus, what’s it regarding the Tahoe that is stimulating sales? Everything!

Just what’s it regarding the new Tahoe that’s bringing in the shoppers? With sales up nearly 50% over the previous year’s model there should be one thing that sets the massive SUV but its predecessor. After all, everything has modified with the Tahoe as it’s an all new model:

New body – The dimensions of the Tahoe remains about the same: it is big. Yet, the body has been restyled with contemporary sheet metal giving the truck a totally modern and imposing look. The Tahoe is a lot of more aerodynamic than the preceding model with a wind drag that is less than the smaller Porsche Cayenne SUV consistent with Chevrolet.

New engine technology – Back throughout the 1980s, GM experimented and failed when it launched Cadillac vehicles that might clean up unneeded cylinders at various times during the engine cycle. Two decades later, the company has perfected the technology and its “displacement on demand” engines are a number of the most economical motors sold today. In fact, automobile critics have noted {that the} Tahoe’s fuel mileage is equivalent to the abundant smaller Kia Sorento.

New interior features – GM squeezed additional space out of the already roomy Tahoe interior by sculpting out additional space from seat backs, doors, and also the headliner. The result is an excellent roomier feel for passengers. In addition, Chevrolet is reporting {that the} new Tahoe is 20% quieter than its predecessor because of acoustic dampening materials and therefore the enhancements in aerodynamics.

Rallying cry — Besides the progress over the previous model, there’s one alternative factor that’s stimulating sales: owner loyalty. GM’s misfortunes haven’t gone utterly unnoticed by loyalists who fancy the big SUV and demand on supporting the brand. Typically, when any in style model is redone, sales do surge. But, within the face of high fuel prices the lift that Chevrolet is getting is much above had been expected. This is often smart news for GM as the SUVs carry a high per unit profit margin to them; money the “general” desires because it attempts to right its listing ship.

After all, not everyone wants a vehicle the scale of the Tahoe. Instead, they can have to attend a few more months before the even larger Suburban joins the line up. And you thought I was concerning to mention some kind of compact SUV, right? Not for Chevy house owners who are loyal to their massive trucks, vans, and SUVs!

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Three American Performance Cars

Sunday, January 16th, 2011

Bear with me as I step back in time to formulate what I feel are three terrific American designed performance cars: the Ford Mustang, the Dodge Challenger, and also the Chevrolet Camaro. Currently, solely the Mustang is in production with the Challenger returning back by 2009. GM hasn’t committed to assembling the Camaro simply nevertheless, but the company is seemingly to create a decision in favor of the automobile and its sibling, the Pontiac Firebird, by this summer. So, what’s it regarding Yank performance cars that set them aside from the remainder? In one word: muscle. Scan on as I compare and distinction these three vehicles and share with you my feeble attempts to elucidate the culture behind the cars.

So, you’re thinking that I forgot the Chevy Corvette and Dodge Viper when talking regarding performance cars? No, I did not. Each models are performance cars with race cars. On the other hand the Mustang, Challenger, and Camaro are mass made performance cars with muscle. There is a distinction in the approach a typical race automobile handles, rides, and performs vs. a muscle car.

Sometimes, a muscle automobile was a coupe version of some of the larger cars that were pervasive on U.S. highways in the 1960s and 1970s. The Mustang and Camaro, however, were designed separately [although they both heavily borrowed elements from other models] and these “pony” cars were a category all to themselves. For comparison’s sake, they be part of the Dodge Challenger, a performance version of Mopar cars of its time. All 3 were compared by critics of that point and all 3 can once once more be compared in a very few years when production has been ramped up.

Ford Mustang -– Step back in time with me to April 1964 to an era when America was heavily involved in the area race, Lyndon Johnson was president, and General Motors dominated autodom. Ford, for its part, had been nipping at GM’s heels for years, but the failed Edsels of the late Nineteen Fifties had price the corporate dearly. Still, it absolutely was the time of the New York World’s Truthful and Ford used the fair and tv technology to promote its newest offering, the Mustang. A two+two coupe borrowing elements from the Fairlane and Falcon, the 1964 ½ model was the primary one sold and is widely credited with being the best introduction of a replacement vehicle ever. With a V6 engine normal and V8 optional, the all new Mustang quickly broke sales records and has been a hot seller ever since. Indeed, with the introduction of the “retro” look Mustang in 2005, the car once again has spawned interest in the muscle automobile segment as both DaimlerChrysler and General Motors craft competing models of their own.

Dodge Challenger -– After the success of earlier muscle cars together with the Dodge Charger and Plymouth ‘Cuda, the Dodge Challenger was launched as a 1970 model. The automotive borrowed heavily from the ‘Cuda although the sheet metal was somewhat totally different and the wheelbase was stretched by a couple of inches. Because the muscle car era was in decline at the time of its introduction, the Challenger lasted solely 5 model years before it had been cancelled. The concept Challenger currently on show at many auto shows is predicated on the 1970 design and is that the talk of message boards and blogs across the nation. Rummage around for Hemi powered engines as being favored by many homeowners; the automotive is doubtless to share some technology with the current Magnum wagon and Charger sedan.

Chevrolet Camaro — GM was asleep at the wheel when the Mustang came out. It took nearly 3 years before the corporate may respond and when it did the Camaro and Pontiac Firebird were the result. Although both cars sold well over the years, neither one may match the Mustang’s sales levels and by the point the last cars were sold in 2002, production dropped to a trickle. Still, the top of the Camaro after thirty five years has stirred renewed interest within the name and due to the retro Mustang, the complete muscle car category is growing once again. Look for a 2010 Camaro to be the primary Camaro since 2002; a ragtop version is additionally being considered.

So, just who will be expected to get a muscle automotive nowadays? Individuals just like me: middle aged men who grew up with the original models. In addition, a full new generation of younger drivers uninterested in the “me too” look of therefore many of the compact cars out there. Muscle cars of today are so abundant different from earlier era cars as they incorporate the planning of the originals whereas harnessing these days’s technology. Therefore, fuel savings will be tight while not sacrificing performance: a real win-win situation.

No, I cannot wait to determine a Mustang, Challenger, and Camaro lined up at a traffic light-weight anticipating the light to turn green. A brand new muscle car era is upon us and for that I’m terribly excited.

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2008 Chery QQ: Sneak Peak!

Sunday, January 16th, 2011

China’s Chery Automotive Cluster is getting set to import as many as five vehicles into the US starting within the summer of 2007. These 2008 models are reportedly visiting be cheaper than competing models in their respective categories, undercutting some models by as a lot of as $10,000 per car. I’ve got been doing a very little investigating and have learned additional concerning the Chery QQ, the 3 door compact that will retail for just $6995. Hold onto your hats as I scan off the long list of commonplace options for its unbelievable, low price.

Just when you think you’ve got seen everything, along comes the QQ. Reportedly, QQ stands for Quality and Fast as the automobile is made from remnants of destroyed Soviet tanks that battled with China during a protracted border skirmish in 1970. In addition, the automotive zips from zero to forty eight before the engine craps out. Oh, well zero to sixty would are nice, but alas…

Standard options for the QQ can embrace:

  • Seats, back and front
  • Seatbelts with air luggage
  • Glass, all around as needed
  • Steering Wheel with horn
  • Dashboard
  • Removable Ashtray
  • Window Regulators you have known
  • Rubber Gaskets
  • Plastic Molding
  • Polyester Tires you have known
  • Hubcaps with lug nuts
  • Door Handles with driver and front passenger keyholes
  • Antenna
  • Truck Key with Keyhole
  • Headlights
  • Tail lights
  • Turn signals
  • Brakes
  • Shocks
  • Bumpers

    Doors, hood, trunk and roof are all standard; body aspect moldings can seemingly be extra. Engine, transmission, radiator, exhaust, and countless different parts can additionally be included once they’re removed from junked Yugos and retrofitted for the QQ.

    Optional equipment will doubtless include a radio, comfy seats, air-con, and maybe even a rear window defroster. Oh, by the approach, General Motors has sued and won a judgment against Chery declaring {that the} “Chery” name sounds too shut to their Chevy name. Chery has agreed and will likely adopt the Forg name for all cars imported to the US. Keep tuned!

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GM Has $ 2 Billion 3Q, Initial Public Offering Seems Gold

Friday, December 3rd, 2010

GM is free of bankruptcy woes and back on top, reports Reuters. Based on third-quarter sales accounts, General Motors raked in $ 2 billion in profits, which contributed to a rise in earnings per share of $ 1.20. This turn of success has stimulated the just lately bankrupt automaker toward an first public offering of stock by next week.

GM $2 billion 3Q profit largest since bankruptcy

This is the most successful quarter GM has had since the bankruptcy emerging in July 2009 with $2 billion in profits. When sales incentives were no longer used, the profit margin had been able to go up. It also helps the operating costs have lowered. Recent results certainly put a good shine on the automaker’s upcoming $13 billion IPO. 2010 profits appear to be what might make the company profitable. This would be the very first time, says Reuters, since 2004 that this has happened. In North America, cash earnings for GM have increased in the 3rd quarter of 2010 for the third consecutive quarter. General Motors CEO Dan Akerson is concerned though since GM has been losing a lot in Europe when international sales have seemed to stop.

“We still need to fix Europe,” he said in a statement. “We continue to be vigilant in reducing cost in the enterprise, and we have just began doing a better job in marketing our brands to consumers.”

Getting back to public investors

Slashing costs and setting up Europe for future growth are major elements of the sales pitch General Motors executives are offering to investors on the eve of the automaker’s IPO. Common and preferred shares can be offered, which will enable the U.S. Treasury to cut its stake within the company from 61 percent down to 43 percent.

What’s in store for quarter four

Competing against the Honda Civic and Toyota Corolla will be the Chevrolet Cruze which should help GM to have a great fourth quarter. The Cruze is expected to help General Motors considerably. Reuters writes the automaker will stay at the top in the U.S. because of this. In the 3rd quarter, Ford had been the closest rival at $1.7 billion in profits, when at the other end of the scale, Chrysler posted an $84 million net loss.

Automobile loan rates aren’t something to fret about

Articles cited

ABC News

abcnews.go.com/Business/wireStory?id=12106358

FOX Business coverage of GM 3Q profit

youtube.com/watch?v=GcEekJp6490

Hallow’s Eve Proclaimed The End Of Pontiac

Sunday, November 21st, 2010

After being put on the chopping block this past year, Pontiac no longer officially exists. The brand names that didn’t do well under the GM banner had to be gotten rid of, and Pontiac was one of the first casualties. It had been not alone. Other brand names, for instance Hummer, Saturn, and Opel were divested as well. Pontiac had previously been one of GM’s best performing brands. The organization had over three quarters of a century of operation. Pontiac had been previously the near epitome of muscle vehicles. The performance driven autos the business made were also offered for sensible prices.

A long goodbye to Pontiac

During its bankruptcy, General Motors got rid of some car brands. Pontiac was one of these. GM decided it was time for Pontiac to go since it hadn’t been selling since 2008. USA Today reports that Pontiac isn’t a corporate entity anymore, as of Sunday. Brand enthusiasts long lamented what they considered to be a severe mishandling of the brand by General Motors, which was thought to simply field Chevrolet and Buick models in Pontiac trim. The muscle cars known and loved are often Pontiacs as there is a lot of raw horsepower in them within the last 1950s and 1980s.

History of a car

Pontiac had been launched in 1926 as a budget brand for working class families. By the 1950s, sales were struggling and General Motors decided it was time to rethink the brand. Pontiac cars became racing and performance driven creatures, and by 1965, GM had introduced the Pontiac GTO, one of one of the most legendary cars of all time, and also the near epitome of Detroit muscle cars. The GTO, or “Gran Turismo Omolagato,” was inspired by Italian sport tour cars. John DeLorean got a small team together which put a 389-cubic-inch engine under the hood with a Tempest frame. Sales shot via the roof, accounting for 17 percent of GM sales in 1968. By the 1980s the brand lost the horsepower focus although there were other successes such as the Pontiac Trans Am of the Firebird line.

Then it went down

Sales showed that Pontiac had left the performance it was known for from the 1980s to the 2000s. There were less than 275,000 sold every year starting in 2008. The demise of Pontiac marks an unfortunate end to a former legend.

Details from

USA Today

usatoday.com/money/autos/2010-11-01-pontiac-vanishes_N.htm

Important Gm Brand Names: One Or Maybe Two Too Many?

Monday, October 18th, 2010

Plenty of folks are speculating about GM’s future. If you take all of the press reports at heart, you would feel that Basic Motors is on life support. Really frankly, the opposite is legitimate specifically once you take a look at the global picture. In 2005, “the General” sold far more than 9 million vehicles worldwide, the 1st time the automaker reached that figure since 1978. Yes, U.S. auto sales are down and some are calling for GM to decrease its several manufacturers, presently numbering 8. Who must GM let go? Or, need to General Motors stick with the game plan and maintain all 8 manufacturers?

For your record, GM’s 8 manufacturers are: Cadillac, Buick, Pontiac, Chevrolet, Saturn, GMC, Hummer, and Saab. You could take Saab out of that pack as the Swedish automaker (though fully owned by GM) builds few vehicles in North America. Still, GM includes Saab in its marketing and advertising schema so we’ll keep them in for argument’s sake.

Clearly, Cadillac is GM’s luxury division; Chevrolet is it’s budget or “All American” division; while GMC could be the truck division. Beyond that, there is certainly a great deal muddling of divisions, but Buick is usually a maker of “near luxury” vehicles (Cadillac lite) although Hummer is GM’s specialty truck division. The Saab line is really a bit confusing as it as soon as was a correct European division. Now, the make is chiefly featuring rebadged GM and Subaru automobiles with little original versions to show for it. Finally, Pontiac and Saturn duplicate significantly of what the other divisions do, even though the Saturn mystique of “no haggle pricing” gives the make a particular aura to it. That leaves Pontiac.

Pontiac, like the recently killed off Oldsmobile name, is probably one from the most vulnerable with the true “American” makes. Saturn will survive because its dealer network is tops and consumer satisfaction ranks up there with Lexus.

Ultimately, the Saab title will most likely die primary. Outside from the U.S., particularly in Europe, Opel is usually a known title and an important GM make. Word has it that some of Saab’s production will shift to Germany and particular rebadged Opels will start to sport the Saab brand.  Let’s just say as soon as that occurs, there is certainly small cause to continue creating Saabs. Let the Saab name die with dignity. Why spoil it by selling rebadged Opels as Saabs?

Personally, I think GM ought to leave well enough alone with its remaining American models. I wasn’t in favor of Oldsmobile’s demise and I am not in favor of killing off trusted manufacturers. GM is retooling its operation as old versions are killed off and as new or revived versions step in. Search for your Chevy Camaro, Pontiac Firebird, Saturn Sky, and the Buick Enclave to aid spark their respective divisions to renewed glory. Am I living a pipe dream? Maybe, but at least my imagination is going in a positive direction.

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Brake Calipers, Automobile Blogs, And You

Sunday, October 3rd, 2010

If you’re big fan of the web, as I’m, you possible recognize gaining access to a lot of the information you learn online. The place else can you find data that’s accurate, simply obtainable, and above all else: free? The library, perhaps. Still, reading a few of the car blogs on the market can be a risky proposition particularly if you’re vulnerable to taking everything you learn because the “gospel truth.”

Running a blog definitely is fun and it’s all the rage. You don’t have to know find out how to design internet sites and also you don’t even need to know tips on how to write especially well. Therein lies the rub. Over the past a number of months I have had event to learn data that isn’t solely suspect, but downright inaccurate. Of course, if the writings are simply someone’s opinion about one thing that’s one thing. However, when the writings give specific directions [or omit pertinent information] on the way to fix one thing, reminiscent of brake calipers, these directions should be correct otherwise the reader could be obtaining information that isn’t just factually improper, however dangerous.

Concerning brake calipers, if you are blogging about brakes, please make certain that whenever you talk about a brake inspection that you just include brake calipers within the discussion together with pads, rotors, ABS, and more. Yes, a reputable mechanic will test all of that out, but diminishing that information in your weblog entry could make the reader suppose {that a} brake caliper isn’t important. Indeed, they are important: brake calipers squeeze the brake pads onto the rotor to cease your car. Over time, brake caliper seals can put on out and your automobile can lose its braking capability.

I have several guidelines I comply with when studying stuff online, significantly that which is posted on blogs:

1.    Who is the writer? Is that data given or is it somebody simply posting anonymously?

2.    Who manages the blog? Does this person know cars or not?

3.    What is the source of the quoted info? Is it from one other author or is it simply firm material regurgitated for all to learn?

4.    Most significantly: is the location a nasty neighborhood? Which means, is it set up simply to seize low-cost ppc adverts and not much else? I have a real problem with any site that is over run with advertising!

In the end, in the event you learn one thing on-line verify its veracity with at the least one other source. You can simply “google” a few key phrases and test the outcomes for related content. In fact, if somebody is spreading inaccurate content material all over the web, then you understand what the answer is!

 

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Eight GM Brands: 1 Or 2 Too Many?

Friday, October 1st, 2010

Lots of people are speculating about GM’s future. In the event you take all of the press studies at coronary heart, you would assume that Basic Motors is on life support. Fairly frankly, the alternative is true especially whenever you look at the worldwide picture. In 2005, “the General” bought greater than 9 million automobiles worldwide, the primary time the automaker reached that figure since 1978. Yes, U.S. auto sales are down and some are calling for GM to cut back its many brands, at present numbering 8. Who should GM let go? Or, ought to Common Motors stick with the game plan and keep all 8 manufacturers?

For the document, GM’s eight manufacturers are: Cadillac, Buick, Pontiac, Chevrolet, Saturn, GMC, Hummer, and Saab. You would take Saab out of that pack as the Swedish automaker (although fully owned by GM) builds few cars in North America. Still, GM contains Saab in its advertising schema so we’ll maintain them in for argument’s sake.

Clearly, Cadillac is GM’s luxury division; Chevrolet is it’s funds or “All American” division; whereas GMC is the truck division. Beyond that, there is much muddling of divisions, but Buick is a maker of “close to luxurious” vehicles (Cadillac lite) whereas Hummer is GM’s specialty truck division. The Saab line is a bit complicated because it once was a real European division. Now, the make is mainly featuring rebadged GM and Subaru automobiles with little original fashions to show for it. Finally, Pontiac and Saturn duplicate much of what the opposite divisions do, though the Saturn mystique of “no haggle pricing” provides the make a sure aura to it. That leaves Pontiac.

Pontiac, just like the not too long ago killed off Oldsmobile identify, might be one of the most weak of the true “American” makes. Saturn will survive because its dealer network is tops and client satisfaction ranks up there with Lexus.

Finally, the Saab name will likely die first. Outside of the U.S., particularly in Europe, Opel is a recognized identify and an important GM make. Word has it that a few of Saab’s production will shift to Germany and sure rebadged Opels will begin to sport the Saab name.  Let’s just say as soon as that happens, there is little purpose to proceed making Saabs. Let the Saab title die with dignity. Why spoil it by selling rebadged Opels as Saabs?

Personally, I feel GM should depart nicely enough alone with its remaining American brands. I wasn’t in favor of Oldsmobile’s demise and I am not in favor of killing off trusted brands. GM is retooling its operation as outdated fashions are killed off and as new or revived fashions step in. Look for the Chevy Camaro, Pontiac Firebird, Saturn Sky, and the Buick Enclave to assist spark their respective divisions to renewed glory. Am I living a pipe dream? Perhaps, however at the very least my imagination is going in a positive direction.

 

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Ewanick Of GM Says Market The Make, Not Necessarily Exceptional Bargains

Thursday, September 30th, 2010

It is not going to be easy for automakers to recover. That’s what GM Vice President of Marketing Ewanick just lately told Automotive News in an interview. Bargains for General Motors product seem to be there simply to move product faster since GM has had a huge turnover with bankruptcy. Focusing customers on quality is what Ewanick desires to do. This can hopefully move more products without making new deals. Article resource – Joel Ewanick of GM says sell the brand, not special deals by Car Deal Expert.

Make sure you know your brands

Focus on design and quality is slowly beginning to re-emerge out of the dust of the auto bailout, says Ewanick. Cadillac’s are cars that customers have enjoyed because of their unique sense of style. Automotive brands that have been merely trying to sale need to start working on type recognition instead. Brands really need to try and become public and significant again. Ewanick feels like “people purchase brands, not products”. Chevrolet has the idea with marketing under Americana always, says Ewanick. He thinks that a company needs to have a soul that drives sells.

Not the death of factory incentives

Ewanick thinks factory incentives will continue to appear. Really he expects them to be unimportant compared to brand story. Discounts simply garnish the sales although sales really depend on style, quality, efficiency, dependability and anything else that is a reminder of an automotive brand. Automakers are going to have to reach out to customers again with model strength. Stories are what automotive marketing used to get to customers before. Chevrolet’s Corvette SS and Stingray could be targeted to a new audience. Younger generations of auto buyers can be targeted. Past mystique shouldn’t be buried, as it’s not dead.

Customers still respond to understanding, so don’t use discounts

Everyone enjoys a good sale, but regularly rolling out the shiny banner doesn’t build strong relationships with customers. The auto bailout – where those teetering companies that were “too big to fail” fed upon taxpayer dollars for sustenance – damaged the reputations of automakers nationwide. Fleeting customers will purchase when the price is too low to ignore, however this process fails to capture the lifetime buyers upon which America’s automotive industry used to depend. The focus of each and every automaker should be simple. Focus on what Americans want in their vehicles.

More on this topic

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Even dealers suffer from a mysterious lack of marketing

youtube.com/watch?v=EALK_LZ_Zgo

After A Long Two Years GM Posts Its First Profits

Saturday, June 12th, 2010

After the auto bailout of GM and Chrysler, General Motors posted a profit for the first quarter of 2010. It is the first time the company has posted numbers in the black since 2007. Recently, GM made large payments on the auto bailout loans and is making a serious comeback. Ford also posted profits, and it appears the auto companies are beginning to pay off their emergency loans and righting course.

First Quarter Gains for GM

GM has posted the first profit since 2007. The overall profits for GM totaled about $ 865 million, according to the New York Times. They had positive cash flow of $ 1 billion and almost $ 32 billion in revenue. The company had previously requested and received a $ 50 billion bailout from the government, and have seemed to turn themselves right around. One year ago, the company posted losses of $ 6 billion.

Repayment begins

Last month, GM made payments on part of the loans made by the Treasury. Part of the bundle of loans made to GM and Chrysler has been repaid by GM years ahead of schedule. GM paid over $ 8 billion on loans from the US and Canadian governments, and while hailed by GM CEO Ed Whitacre as a victory, GM still has debt outstanding.

Not out of the woods

GM is still heavily in debt, though they’ve begun to show profits. The US and Canadian governments lent over $ 50 billion to GM. They have been making positive strides, but remain in debt. At present, the US Treasury still owns more than 60 percent of GM, and those ownership stakes can only be bought by stock offering when the company goes public again. According to the same piece in the New York Times, they will potentially make a public offering by year’s end.

Article resource:

New York Times

http://www.nytimes.com/2010/05/18/business/18auto.html?src=mv