GM Sales Down 18%... Anybody surprised? - Page 9 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

FenwickHockey65 · 06-03-2016, 04:51 PM

Quote:

Originally Posted by Mr. Stacy

If it isn't just lip service. Why did selling rentals make sense before? My company does Business to Business all the time and while not as profitable as retail, it's still VERY profitable because of the shear size of the deals.

Stock is down more than 18% over two years. Hard to explain that away due to fluctuations...

Regardless, I don't think they're going anywhere soon. Maybe there will be a sales incentive soon?

It's common knowledge in the industry that rental sales = unprofitable. It's just the nature of the beast.

There's also a difference between fleet sales to corporations/government and rental sales.

bobby35ny · 06-03-2016, 05:27 PM

Quote:

Originally Posted by Mr. Stacy

Camaro is only about 2 or 3 percent of GM sales.

ok but, its one of the higher margin cars for them. I'm sure they THOUGHT in their ivory tower that sales would be sky high. I think the ZL1 might help them but overall its a FAIL.

-Bobby

CamaroCracka · 06-06-2016, 02:11 PM

GM didn't even get the GenV rollout correct. They were shocked by the number of V8 purchasers so much it got mention on how it increased their profits in the news. Their lack of insight into SS demand may have worked to their advantage creating scarcity and making them desirable for those who want to be the only guy on the block with one.

sherob · 06-06-2016, 03:16 PM

Blah... blah... blah... about rental sales from GM. Then they start giving some hefty rebates on their trucks.

http://www.autonews.com/article/2016...after-may-jolt

06-06-2016, 02:11 PM	#115
CamaroCracka Drives: 2010 Turbo LS3 Join Date: Dec 2009 Location: Palm Bay, FL Posts: 3,041	GM didn't even get the GenV rollout correct. They were shocked by the number of V8 purchasers so much it got mention on how it increased their profits in the news. Their lack of insight into SS demand may have worked to their advantage creating scarcity and making them desirable for those who want to be the only guy on the block with one. __________________ 2010 SS - Kind of an On3 kit, CTR 78/80, CompCam 239/251 620/632 122+4, E85, Z28 suspension and ZL1 diff with Outlaw axles. Gen6 ZL1 brakes. 2011 Vert - 416/w 230/236 .612/.602 115lsa, 1LE suspension w/32mm rear bar. Z28 diff. Gen6 ZL1 brakes.

06-06-2016, 03:16 PM	#116
sherob Drives: 2015 SW 1SS/RS 1LE Join Date: Mar 2015 Location: Brighton, CO Posts: 2,736	Blah... blah... blah... about rental sales from GM. Then they start giving some hefty rebates on their trucks. http://www.autonews.com/article/2016...after-may-jolt __________________ “The Eagles and the Captain and Tennille ruled the airwaves, and we were the answer to it.” - Joey Ramone