Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums - Camaro5.com
 
MPD1
Go Back   Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums - Camaro5.com > Members Area > General Automotive + Other Cars Discussion

General Automotive + Other Cars Discussion Come chat about other cars.

Reply
 
Thread Tools
Old 10-02-2009, 02:49 PM   #1
ShnOmac


 
ShnOmac's Avatar
 
Drives: 2006 Silverado SS, 2009 G8 GT
Join Date: Aug 2008
Location: PNW
Posts: 13,362
GM Sees Some Positive Signs on Bumpy Road

GM Sees Some Positive Signs on Bumpy Road


As Thursday's sales figures indicate, no one can speak of recovery. Yet, if Jay Luebking is a sign, GM may have a detectable pulse as CBS News Correspondent Dean Reynolds reports. Luebking and his wife just traded in their Mitsubishi for a new Chevy Equinox. "I think it's a very quality car. I think it's right up there with the ranks of the imports," said Luebking. That bolsters what the car site edmunds.com is reporting. Traffic to GM's various vehicle Web sites is up 15 percent -- indicating interest or even intent -- perhaps spurred by the company's unprecedented two-month money back guarantee. So why the sales swoon? Dealers say they haven't had enough cars. GM had planned to build about 8,000 of the Chevrolet Equinox model this month, but dealers are asking for nearly 30,000 to meet demand. Dealers want almost three times as many GMC Terrains and Buick Lacrosses as are being produced this month. More than twice as many Chevrolet Traverses -- all models that hit the showrooms in the days after GM emerged from bankruptcy July 10. The new Camaro came out in May and lately has been outselling Ford's Mustang -- with some dealers selling all they have in hours - not days. Bill Stasek says his customers cite styling, mileage and price. "We certainly could use more vehicles, especially in the Equinox and the Camaro line."
GM feels confident enough to call back 2,400 laid off assembly line workers. But car industry analysts hesitate to call this a turnaround. "Although demand can be high on a few vehicles, you really need demand to be high across many vehicles," said Jessica Caldwell of Edmunds.com.
GM is also smarting after the deal to sell off its Saturn brand collapsed yesterday, and the stain of bankruptcy will be hard to erase. Some customers are undoubtedly turned off by the government takeover of GM. But to that, GM Vice-Chairman Robert Lutz offers a solution. "If the American public doesn't like nationalized automobile companies, the fastest way to make it private again is to buy our vehicles." In other words, put your money where your mouth is.


LMAO Good old Lutz right there... I love it!

Last edited by ShnOmac; 10-02-2009 at 08:30 PM.
ShnOmac is online now   Reply With Quote
Old 10-02-2009, 03:36 PM   #2
PQ
1st State Chevy supporter
 
PQ's Avatar
 
Drives: Hybrid SS Camaro
Join Date: Apr 2008
Location: Mobile, AL
Posts: 36,800
Send a message via Yahoo to PQ
I've been saying something similar to this.

There is a time to save and a time to spend. If we ALL save right now then the economy will TANK. I still save but I'm not gonna be scared to spend either.
__________________
PQ is offline   Reply With Quote
Old 10-02-2009, 03:55 PM   #3
99-LS1-SS
Waiting...
 
Drives: 2009 G8 GXP M6
Join Date: Jun 2008
Location: Jamestown NC
Posts: 275
I've done my part for 2009 by buying the GXP now if they would come out with the Z/28 I'd buy another one.
__________________
SOLD 2009 Maverick Silver G8 GXP M6
Engine Mods: TVS 2300 Magnacharger 6.5lbs, ARH 1 7/8" long tubes with catted x-pipe Roto-Fab Intake, Custom Fuel System, Tuned by Me
Drivetrain Mods: Stage 4 Monster Clutch, GForce 300M Race Axles
Suspension Mods: Pedders/Wretched basic drag pack - BMR trailing arms and toe rods
Misc Mods: Jamesbiz Catch can - GRRRR8 Heater hose relo kit
99-LS1-SS is offline   Reply With Quote
Old 10-02-2009, 04:03 PM   #4
FenwickHockey65
General Motors Aficionado
 
FenwickHockey65's Avatar
 
Drives: 2003 GMC Envoy SLE/2007 Ford F-150
Join Date: Aug 2008
Location: Florida
Posts: 31,666
Send a message via AIM to FenwickHockey65
Oh Bob. Why are you so awesome?
__________________
FenwickHockey65's GM Thread!

2003 GMC Envoy SLE - Airaid Cold Air Intake, Gibson Performance Catback Exhaust
2007 Ford F-150 (State-issued)
FenwickHockey65 is offline   Reply With Quote
Old 10-02-2009, 04:09 PM   #5
cliffy
Chevy Power Forever
 
cliffy's Avatar
 
Drives: 1970 Chevelle SS454, 2010 SSRS
Join Date: Jun 2009
Location: Peoria AZ
Posts: 299
Right after 9/11 it was the same scenario, people were afraid to do anything.

Thing is, when you sit on your wallet, don't go to your local Pizza place you usually do on Fridays, it has a ripple effect.

Jobs are created by people consuming..............something.........whether it be homes, cars, pizza, hotels, you name it.

Cities and States are broke because their tax base is eroded, nobody buying anything
__________________
Cliffy
cliffy is offline   Reply With Quote
Old 10-02-2009, 10:26 PM   #6
Zabo
Bowtie to the brim
 
Zabo's Avatar
 
Drives: '10 R6P 2SS/RS M6, '96 S10 ZR2 M5
Join Date: Sep 2008
Location: Woodhaven, Michigan
Posts: 9,582
Unfortunately the unemployment rate in the US kinda hurts the whole 'gotta buy' thing..

I can say this from expierence. Sucks.. seeing everyone I knew from school who has jobs picking up new cars, living their lives as they wanted to..

At least GM is rolling back into the minds of the consumer these days..
__________________
2010 2SS/RS M6
Black on Black, Silver Rally Stripes, NPP Exhaust, 1LE Rear Diffuser,
SLP Z/28 style Blackwing CAI
Zabo is offline   Reply With Quote
Old 10-07-2009, 10:27 AM   #7
DGthe3
Moderator.ca
 
DGthe3's Avatar
 
Drives: 05 Grand Am GT
Join Date: Jul 2007
Location: Niagara, Canada
Posts: 21,979
Send a message via MSN to DGthe3
Fbodfather put it best, read my sig
__________________
Note, if I've gotten any facts wrong in the above, just ignore any points I made with them
__________________
don't believe a thing you read about the next gen Camaro -- as history has proven time and time again:

WE DO NOT TALK ABOUT FUTURE PRODUCT PLANS PERIOD FbodFather
__________________

Camaro5 Fest sub-forum
DGthe3 is online now   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Pedders Suspension Benchmark Track Testing and New Jersey Track Day Info@PeddersUSA.com USA - NY / NJ / PA 35 10-26-2009 05:20 PM
Positive Battery Cable issue (not near starter) shiftz33 Camaro Issues / Problems | Warranty Discussions | TSB and Recalls 4 08-12-2009 04:20 PM
just a reminder to watch those warning signs on the road! diddiyo Off-topic Discussions 14 03-19-2009 09:27 PM


All times are GMT -5. The time now is 06:06 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.