Great news!!!! :clap:
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Reduction in brands, reduction in nameplates = higher focus on existing (important) brands, focused resource allocation, and overall better vehicle design All of which makes for a healthier portfolio! EDIT: All they need to do now is keep at it, and turn this kind of report (positive) into the 'norm'. :thumbsup: |
From Automotive News, via "The Truth About Cars":
http://www.thetruthaboutcars.com/july-2010-sales-usa/ Market Trends for the Industry from True Car, by Manufacturer, 2010 MY: http://www.truecar.com/truetrends/index.html The final caveat: Throw enough incentive money at prospective buyers, and you'll BUY market share...that's how Mustang outsold Camaro, for instance. Also, in January/10, GM had 20.9% of the total market, while July/10 saw them barely break 20%. Expect greater money on the hood, especially as IPO time approaches... |
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This is because GM is putting out cars that look like 2010-2011 cars should. When I went car shopping in 2007, I was put off by the crap interiors, the "green" LED clocks and radios, the box like heavy feel of the cars, V8 engines that felt like V6s (Impala SS for example, a FWD V8 with 300hp drove like a truck) etc. Now they are designing cars that look like Acura, Infiniti, BMW etc outside and inside, and giving them power and electronics that everyone was paying other companies for. I'm telling you it wasn't the "quality", it was for me at least, the boring showrooms of the 2000's that sent people to other brands. Same for Ford, the new Taurus looks like it can compete with a 5-series and hauls at 365hp in the SHO, the Mustang woke up and got 400hp like everyone else, and Jeep put out SRT8s and other cool cars.
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Math Lesson
That's what makes GM percentages more impressive. Why? Because they are starting from larger (higher) numbers. Percentages might possibly show a trend, but can be used for manipulation. Higher percentages does not necessarily mean being outsold. In this case, it does, and trending higher too. Year over Year example only (not real numbers): Mustang is up 100% - This year sells 2 and sold 1 last year. Camaro is up only 50% - This year sells 150,000 and sold 100,000 last year. Kinda like saying Mustang finishes 2nd and Camaro finishes next to last in a 2 car race where Camaro wins. That's why I like the C5 sales charts. I see the actual sales numbers. |
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LMAO........very poor analogy that is completely wrong |
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