GM to raise 2008 prices. - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Tran · 12-19-2007, 12:23 PM

General Motors has announced that it will increase its 2008 pricing by an average of 1.5% per model. The price increase is due to rising steel and commodity prices. The Cadillac XLR will see the biggest price hike, with its sticker price growing by $1,500.

"This targeted price increase is designed to partially recover ever-increasing commodity costs," Mark LaNeve, GM North America vice president of vehicle sales, told The Detroit News.

While most vehicles will see a price increase of between $100 and $500, some models won't see any increase at all. The base model Saturn Aura and Chevrolet Malibu will be spared a price increase, because GM says they are "in hotly contested segments."

Ford said that it has no price increases planned, but Chrysler failed to comment on the subject. - Leftlanenews

*The_Blur* · 12-19-2007, 01:40 PM

Wouldn't the upcoming Camaro fit in that highly contested group?

LT1CamaroGirl · 12-19-2007, 01:58 PM

oh, no surprise there eh..

pearsonmx6 · 12-19-2007, 02:32 PM

bummer oh well it is not to much of a price increase

EllwynX · 12-19-2007, 03:01 PM

I thought the price of cars went up $100-$500 just about every year anyway...

*Mr. Wyndham* · 12-19-2007, 03:07 PM

I do believe that this is an extra add-on. Albeit not much. Because I bought an '08 about a month ago, so they're already priced. This is a 'fix', if I understand it correctly.

Jeff · 12-19-2007, 05:49 PM

Not a big deal, as long as they don't add 500 dollars onto the car yearly lol.

stovt001 · 12-20-2007, 12:10 AM

Yeah, I found this story kinda pointless. It isn't unusual at all to have cars go up $100-$500 a year even without any changes. The Camry got no changes for 08, but it went up slightly in price. No worries. Inflation happens.

acscamarochick06 · 12-20-2007, 12:50 AM

If Ford claims no price increases for next year, they are lying or something... I thought every year new vehicles went up in price. That's just a part of inflation!

*DGthe3* · 12-20-2007, 12:01 PM

the price increase is less than the inflation rate, so I would imagine that its on top of regular increases, making the overall increase something like 3.5%. Thats a total of about 1000 on a 30 000 car, nothing to be too concerned about but it is somewhat noticible

12-19-2007, 12:23 PM	#1
Tran Administrator Drives: 2010 Camaro of course.... Join Date: Apr 2006 Location: NE baby Posts: 5,616 View My Garage	GM to raise 2008 prices. General Motors has announced that it will increase its 2008 pricing by an average of 1.5% per model. The price increase is due to rising steel and commodity prices. The Cadillac XLR will see the biggest price hike, with its sticker price growing by $1,500. "This targeted price increase is designed to partially recover ever-increasing commodity costs," Mark LaNeve, GM North America vice president of vehicle sales, told The Detroit News. While most vehicles will see a price increase of between $100 and $500, some models won't see any increase at all. The base model Saturn Aura and Chevrolet Malibu will be spared a price increase, because GM says they are "in hotly contested segments." Ford said that it has no price increases planned, but Chrysler failed to comment on the subject. - Leftlanenews

12-19-2007, 01:40 PM	#2
The_Blur Moderator Drives: 2018 Harley-Davidson Street Bob Join Date: Nov 2007 Location: San Diego Posts: 14,769	Wouldn't the upcoming Camaro fit in that highly contested group? __________________ RDP Motorsport//GEN5DIY//Cultrag Performance//JPSS//Rodgets Chevrolet// Operation Demon//Buy at Invoice//RACECARWEAR RESPECT ALL CARS. LOVE YOUR OWN. warn 145:159 ban

12-19-2007, 01:58 PM	#3
LT1CamaroGirl Drives: 97 Z28 T56..bolt ons Join Date: Dec 2007 Location: Vancouver Island Posts: 2	oh, no surprise there eh.. __________________ CAMARO rules everything around me

12-19-2007, 03:07 PM	#6
Mr. Wyndham I used to be Dragoneye... Drives: 2018 ZL1 1LE Join Date: Jan 2007 Location: Buffalo, NY Posts: 31,876 View My Garage	I do believe that this is an extra add-on. Albeit not much. Because I bought an '08 about a month ago, so they're already priced. This is a 'fix', if I understand it correctly. __________________ *"Keep the faith."* - Fbodfather

12-19-2007, 05:49 PM	#7
Jeff ~ANTI-FORD~ Drives: Cadillac CTS Join Date: Oct 2007 Location: San Antonio, Texas Posts: 608	Not a big deal, as long as they don't add 500 dollars onto the car yearly lol. __________________ My Z28 sorry guys.. sold Camaro and got a Cadillac CTS, waiting for a few years to get a 2010 SS used ;]

12-19-2007, 02:32 PM	#4
pearsonmx6 USAF Drives: 93 mazda mx6 Join Date: Nov 2007 Location: Chandler/scottsdale/tempe Posts: 24	bummer oh well it is not to much of a price increase

12-19-2007, 03:01 PM	#5
EllwynX Drives: 2010 Camaro SS Join Date: May 2006 Location: Southern NJ Posts: 2,260	I thought the price of cars went up $100-$500 just about every year anyway...

12-20-2007, 12:10 AM	#8
stovt001 Drives: 2006 Cobalt, 2004 Taurus wagon Join Date: Oct 2007 Location: California Posts: 3,812	Yeah, I found this story kinda pointless. It isn't unusual at all to have cars go up $100-$500 a year even without any changes. The Camry got no changes for 08, but it went up slightly in price. No worries. Inflation happens.

12-20-2007, 12:50 AM	#9
acscamarochick06 Chevrolet Enthusiast Drives: 2011 Camaro SS ;) Join Date: Jun 2006 Location: Bowling Green, Kentucky Posts: 807 View My Garage	If Ford claims no price increases for next year, they are lying or something... I thought every year new vehicles went up in price. That's just a part of inflation! __________________

12-20-2007, 12:01 PM	#10
DGthe3 Moderator.ca Drives: 05 Grand Am GT Join Date: Jul 2007 Location: Niagara, Canada Posts: 25,372	the price increase is less than the inflation rate, so I would imagine that its on top of regular increases, making the overall increase something like 3.5%. Thats a total of about 1000 on a 30 000 car, nothing to be too concerned about but it is somewhat noticible __________________ Note, if I've gotten any facts wrong in the above, just ignore any points I made with them __________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!! __________________ Camaro Fest sub-forum

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