12-19-2007, 12:23 PM | #1 |
Administrator
|
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 |
Moderator
|
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 |
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, 02:32 PM | #4 |
USAF
|
bummer oh well it is not to much of a price increase
|
12-19-2007, 03:01 PM | #5 |
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...
|
12-19-2007, 03:07 PM | #6 |
I used to be Dragoneye...
|
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.
|
12-19-2007, 05:49 PM | #7 |
~ANTI-FORD~
|
Not a big deal, as long as they don't add 500 dollars onto the car yearly lol.
|
12-20-2007, 12:10 AM | #8 |
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 |
Chevrolet Enthusiast
Drives: 2011 Camaro SS ;) Join Date: Jun 2006
Location: Bowling Green, Kentucky
Posts: 807
|
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 |
Moderator.ca
|
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 |
|
|
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Gm Releases 2008 Malibu pricing info! | bumblebee101 | General Automotive + Other Cars Discussion | 22 | 01-16-2008 12:53 PM |
2008 Pontiac G8 review in Car and Driver | Fbodybuddy | General Automotive + Other Cars Discussion | 9 | 10-26-2007 11:13 AM |
Ontario to become home of the all-new 2008 Dodge Challenger | Mr. Wyndham | General Automotive + Other Cars Discussion | 3 | 08-09-2007 02:54 AM |
2008 Shelby GT Convertible | KILLER74Z28 | General Automotive + Other Cars Discussion | 19 | 06-26-2007 07:03 AM |