11-09-2016, 03:18 PM | #1 |
Drives: 2013 ZL1 M6, '99 Tahoe 2Dr Sport Join Date: Mar 2013
Location: South of Houston, TX
Posts: 890
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Layoff's at the Lansing plant
The Lansing plant, which has 2,700 workers, will lay off 810 hourly workers and 29 salaried workers effective Jan. 16, 2017. The layoff figure includes more than 300 temporary workers, a GM spokeswoman said.
The Detroit automaker builds the Cadillac ATS, Cadillac CTS and Chevrolet Camaro at Lansing Grand River; days supply of those cars rose to 118, 136 and 138, respectively, at the end of October. That was higher than the month earlier and more than double what the industry considers a healthy days supply to carry. The Detroit automaker said the production cuts are related to the continued expectation that customers will continue to prefer crossovers and trucks over cars. Sales of all four cars the plants build are down sharply this year through October compared to the same months in 2015. Source: http://www.detroitnews.com/story/bus...-car/93540444/ --------------------------- My 2 cents.. GM overpriced the 6th gen Camaro to begin with. Sad to see the layoffs. |
11-09-2016, 03:23 PM | #2 |
Drives: 21 Bronco Join Date: Jun 2012
Location: Carol Stream
Posts: 6,024
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That sucks for those that will lose their jobs, GM Overestimated the demand and produced to many
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11-09-2016, 03:37 PM | #3 |
CamaroFans.com
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Bummer...
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11-09-2016, 03:45 PM | #4 |
Drives: 2015 SW 1SS/RS 1LE Join Date: Mar 2015
Location: Brighton, CO
Posts: 2,736
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I'll wait to see what the 6th Gen ZL1 comes in at when it hits the floors soon... if it's priced how they did the 6th Gen SS when it hit the floors, it may keep the GM wow's rolling, and I'll just pour my $$$ in my 1LE.
I would love to just buy a new ZL1... but I won't be shaved, for a lack of a poorer word.
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11-09-2016, 04:00 PM | #5 | |
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But there is a lot more at play here. It was the 3rd shift at the plant. Generally, you only run those if you initially underestimated demand. 2 shifts are considered ideal, striking the the right balance between productivity and headaches. Going to 3 shifts creates a number of 'secondary' or 'soft' problems -things that are either an annoyance or temporary issue, but not necessarily a deal breaker. A third shift reduces preventative maintenance capacity, has slightly more quality problems, and is at greater risk to supply problems. Accepting those issues for ~50% more production isn't a bad deal, especially if its only a temporary thing (the 3rd shift was hired back in January as I recall). But not really something that you want to pursue perpetually. And don't forget that demand for the Camaro is very seasonal. Sales slow down quite a bit in the winter and peak in the summer. Its pretty easy to figure that demand in December will only be ~2/3 of demand in August.
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__________________ 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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11-09-2016, 04:02 PM | #6 | |
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Pricing has been out for months on the ZL1. The build & price is up on Chevy's website, cars are at dealerships, and a handful are in peoples driveways.
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__________________ 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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11-09-2016, 06:09 PM | #7 | |
Drives: '16 Z06 7 Spd, 2024 High Country HD Join Date: May 2015
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Well Stated. |
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11-10-2016, 09:11 AM | #8 | |
Drives: 2015 SW 1SS/RS 1LE Join Date: Mar 2015
Location: Brighton, CO
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Quote:
I guess the game begins...
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11-10-2016, 11:01 AM | #9 | |
Drives: 21 Bronco Join Date: Jun 2012
Location: Carol Stream
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Quote:
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11-10-2016, 11:08 AM | #10 |
11-10-2016, 11:30 AM | #11 |
Drives: 2015 SW 1SS/RS 1LE Join Date: Mar 2015
Location: Brighton, CO
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I just config'ed a ZL1... over $65k... nothing in my area on a lot...
Website says they start @ $61,140...
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“The Eagles and the Captain and Tennille ruled the airwaves, and we were the answer to it.” - Joey Ramone
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11-10-2016, 11:36 AM | #12 |
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__________________ 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 |
11-11-2016, 11:56 AM | #13 | |
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Drives: 17 SuperSport Camaro 6 on the Flo' Join Date: Feb 2016
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No not the demand, they overestimated the pricing. Its now biting the in the axe. They could have done just as well pricing the camaros close to the mustang pricing. Not as big a profit on each car but they would sell more than Mustangs. |
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