09-09-2018, 07:24 PM | #17725 |
CamaroFans.com
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09-21-2018, 02:44 PM | #17726 |
CamaroFans.com
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10-28-2018, 12:12 PM | #17727 |
Too Many Great Choices
Drives: Grand Sport/Z07 Join Date: Jun 2009
Location: A Mountain Road
Posts: 7,454
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So This Is the Fix??
Not much better IMO. Until this Camaros have always been the more beautifully designed Muscle/Pony Car.
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10-28-2018, 01:17 PM | #17728 | |
Hail to the King baby!
Drives: '19 XT4 2.0T & '22 VW Atlas 2.0T Join Date: Dec 2008
Location: Illinois
Posts: 12,214
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Quote:
I'm guessing they are searching a bit. I have a hunch they went a little too far in the '16 styling one of those love it or hate it things. I've seen clinic results for some cars that are very strongly polar. One in particular was the Dodge Ram vs the Silverado about 15 years ago. The Ram had HUGE marks for both Love and Hate. The Silverado was not nearly as strong in the Love, but had almost no Hate. I think the Gen6 may be a bit of this. I think to have broad appeal you just can't have anyone hating it. There are certainly a lot of people on Camaro5/6 that love the Gen6 styling, but there just seems to be a lack of sales supporting that.
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"Speed, it seems to me, provides the one genuinely modern pleasure." - Aldous Huxley
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10-31-2018, 11:25 AM | #17729 | |
Too Many Great Choices
Drives: Grand Sport/Z07 Join Date: Jun 2009
Location: A Mountain Road
Posts: 7,454
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Quote:
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11-03-2018, 09:33 AM | #17730 |
Hail to the King baby!
Drives: '19 XT4 2.0T & '22 VW Atlas 2.0T Join Date: Dec 2008
Location: Illinois
Posts: 12,214
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So GM has offered buy outs to 18,000 people with 12 years of service or more. No bump in age and service for people to retire early like GM has done for years and years. Just 6 months severance. A couple of thoughts.....
This indicates GM does not value loyal employees. They simply want a younger, cheaper work force. Not sure this falls into an age discrimination thing or not but there was a reason they picked 12 years of service. Anyone hired after 2001 (if I recall correctly) is on a defined benefit 401k only. No pension, no healthcare no early retirement supplement. GM is clearly focusing on the future and being profitable. Does this allow for low volume low profit cars like the Camaro? They will have a LOT fewer employees to work on programs that don't generate profits now or a technology for the future. GM may have put a lot of eggs in the EV basket in the out years. We've heard 20 something EVs by 2020. Without a rationale for forcing every OEM to have an EV future, GM may have played a big hand and about to lose the pot. You can't have invested BILLIONS of dollars in an EV future and not make money on them. This may be the underlying reason for this advance protective move. The folks I know have had wildly varying responses to this from "maybe I'll retire" to "meh" to "holy crap, I wanted to work 3 to 5 more years I'm not near ready" The deal is if they don't get the number of volunteers they will go find the voluntolds. I've heard anywhere from 20 to 25% for the targeted reductions. With Ford quietly going through the same reductions and looking to partner VW for EV and Autonomous vehicles, it isn't boding well for the Big 2 and Fiat. Of course Fiat will just keep churning out RAM pickups (awesome product) and Jeep after Jeep after Jeep until the well runs dry. Is this a slight bump or the first day of the future for the auto industry?
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"Speed, it seems to me, provides the one genuinely modern pleasure." - Aldous Huxley
Last edited by Number 3; 11-03-2018 at 10:09 AM. |
11-03-2018, 10:15 AM | #17731 |
CamaroFans.com
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It is interesting they picked the 12 year mark as other industries were changing their retirement plans 12 years ago as well. Luckily I got in just before the changes, but that also made me a target as well.
Oil and Gas did the same type reductions during $35 bbl prices. Once the volunteers were gone they started with anyone that had low performance ratings and then it got into high quality folks before it was over. Wonder how this will play out with other manufacturers? IMO environmental constraints have created much of this. Same in oil and gas, but thankful things changed in DC and thousands went back to work. Hopefully some of the CAFE requirements can be backed off and save automotive jobs too. |
11-03-2018, 11:37 AM | #17732 | |
Hail to the King baby!
Drives: '19 XT4 2.0T & '22 VW Atlas 2.0T Join Date: Dec 2008
Location: Illinois
Posts: 12,214
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Quote:
If GM invested in a product plan to satisfy Obama ERA EPA numbers 3, 4 and 5 years ago a sudden change doesn't fix that. In fact it has the potential to wip out returns on that investment. With gas prices today how many do you think will be buying a 4 cylinder turbo Silverado? That engine alone was 100s of millions in investment with potentially no return. I got shivers when I read that GM appealed to the Feds for EV mandates like California. They wouldn't have done that unless they suddenly becam worried there would be no need for their future portfolio. Let's hope I'm wrong.
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"Speed, it seems to me, provides the one genuinely modern pleasure." - Aldous Huxley
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11-03-2018, 11:59 AM | #17733 |
CamaroFans.com
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Yeah that certainly doesn't paint a pretty picture. Hope you're wrong too. Will see how this plays out.
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11-04-2018, 05:25 PM | #17734 |
Too Many Great Choices
Drives: Grand Sport/Z07 Join Date: Jun 2009
Location: A Mountain Road
Posts: 7,454
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The money making industry (hedge-funds, venture-capitalists) is becoming more powerful than ever. This new economy that they have bought is going to quickly change things. In our industry we are for the first time seeing mass consolidation and those that can’t compete are disappearing. Manufacturers are also either buying out their longtime distributors or crushing them out of business. Bottomline it’s not just the Auto business. Hang on to your butts!
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11-04-2018, 06:07 PM | #17735 | |
Drives: 1969 Z/28 + 2015 Z/28 Join Date: Aug 2009
Location: Pittsburgh Area, Pa
Posts: 538
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Quote:
If I was 30 years younger I'd be selling and moving on to something else.
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You know you are having fun when you are getting 3.4 mpg !!
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11-04-2018, 09:44 PM | #17736 |
Too Many Great Choices
Drives: Grand Sport/Z07 Join Date: Jun 2009
Location: A Mountain Road
Posts: 7,454
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That’s exactly what they want to happen.
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11-06-2018, 01:45 AM | #17737 | |
Moderator.ca
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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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11-06-2018, 09:21 AM | #17738 | |
Drives: 2015 Z/28 Black Join Date: Nov 2016
Location: Los Angeles
Posts: 341
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Quote:
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2015 Black Z/28
70 Chevelle SS396 01 M3, 88 Land Cruiser |
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Tags |
"number z", 2014 700hp z/28, 3/27/2013, 75k, super de duper z thread, thread for the zed, what'z up?, where's our z/28, why no big z?, z/28 spring 2014 |
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