05-04-2011, 12:15 PM | #29 | |
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05-04-2011, 01:11 PM | #30 |
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I hope we see those numbers this month.
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05-04-2011, 01:20 PM | #31 |
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Didn't someone say a few years ago that the business case was made for the Camaro if it could sell 100,000 a year? I just noticed on the graph that is about what it is doing. Perhaps Chevy is carefully watching sales rates, production and incentives to make sure it doesn't drop below 100K per 12 month period?
Camaro must be a cash cow for Gm right now and should easily pay for all the development and tooling on time. |
05-04-2011, 01:30 PM | #32 |
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I just noticed in the YTD graph that Camaro has already sold 7000 more than Mustang in just the first 4 months of the year. If that rate continues then it will beat the Mustang by 21,000!!! And the Mustang has incnetives and the Camaro very little if any!
Since the 1st Camaro was sold in April 2009 19,000 more Camaros have been sold than Mustangs. So by the end of the year it might very will be 40,000 more Camaros total. It is clear that the Camaro is increasing it's sales lead with each passing month. |
05-04-2011, 01:53 PM | #33 | |
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05-04-2011, 01:56 PM | #34 |
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Well done Team Camaro!!
And FYI, I believe it was very early last year (March I think?) that GM announced that the Camaro was offically making a profit. Essentially the first model year was spent mostly recovering losses involved in initial startup and tooling. Everything since then has been profit. |
05-04-2011, 02:00 PM | #35 |
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Of course the 4thgen Camaro and Firebird were selling about 75,000 combined, and that was after 5+ years into it's life, and a not totally popular styling. So it's not a huge jump to where the current car is. The interesting thing is if you combine Camaro, mustang and challenger sales, they're about where the mustang was by itself in 2005. So the market hasn't expanded. It's a really competitive market that has to be fought over. Fortunately the Camaro is simply the best looking car of the three.
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05-04-2011, 03:28 PM | #36 | |
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That is an interesting point. It is possbile that people were buying Mustangs simply becase there was nothing else to buy during the Camaro/Trans Am/Chally "void" period, unless of course you wanted to pick up a Vette.
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05-04-2011, 05:16 PM | #37 |
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It's amazing (and awesome) how well the Camaro is doing. To have sales this strong(and growing) is a sign of how great a job they did making the car.
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05-04-2011, 06:16 PM | #38 |
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, but not many seen on the roads yet..hopefully the aftermarket goodies increase as well..
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05-04-2011, 08:57 PM | #39 | |
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We sold our Mustang vert and got a Camaro vert...my fiancee every now and then reminds me how glad she is I made the switch for her; she absolutely loves the car. She just laughs at all the times with drive thru attendants, gas stations, stop lights, etc, people comment on our car...she says that hardly ever happened with her Stang. As mentioned, it really isn't even debateable how much better looking the Camaro is...general, unbiased street comments prove it.
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05-04-2011, 10:01 PM | #40 | |
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"If you build it... they will come."
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05-04-2011, 10:21 PM | #41 |
I used to be Dragoneye...
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WOOOO!!!!!
Summer's a 'comin.....let the convertible's free, and watch the sales rise higher!!!! |
05-05-2011, 02:10 AM | #42 |
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The sales of the 2005 Mustang were huge, there were 166,000 sold in the US alone and another 160,000 sold in 2006. It was originally projected that the Camaro would sell 150,000 in its first year but went on to sell about 60,000. The best case scenario for GM would be that the current sales trend continues and GM would not be forced to redesign the Camaro until 2016 for a MY17 Camaro. That would give the 5th Gen a solid 7 year production run and R&D would definitely be paid off and additional profits could be used for the 6th Gen as well. Reality though, will see the sales begin to dip during this year. 10,000 units is good for the current situation and the convertible was responsible for that and incentives will pick up very soon to help mitigate that natural sales dip. The Mustang's sales have actually doubled since the Camaro came out in 2009. I'm not sure if it is just the interest in the market or the new engine or what. There are $2000 factory incentives on 2012's, but that isn't really that much. The fact that I can get a 2012 Premium GT with 3.73's, Brembo's and 401a leather for $33,000 is very attractive... If I didn't own a 2011, I would be buying a 2012...
Whether or not GM decides to take the Camaro out to 2017 will depend on the sales boom the 2014 Mustang creates. If the 2014 Mustang is leaving the lots on a 4 to 1 ratio and is running circles around the 2014 Camaro, it will entice GM to push the 6th Gen out sooner. If GM can wait... they should.. Then there is the 2013 Mustang refresh... I believe that the 2013 model year will be a long one, 16 months in fact, so a minor refresh will help... Ford's profits on the Mustang are high, so high that they can pull a crazy stunt like this just for bragging rights... |
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