10-20-2010, 12:46 AM | #99 | |||||||
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Drives: Thunderbird Join Date: Sep 2008
Location: Kentucky
Posts: 951
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So then, why did they do this on purpose? Simple. If rear seat room is underwhelming moving the bottom of the seat back rearward and the bottom cushion further down inflates your rear legroom and headroom numbers and by more than you might assume if done correctly. Combine that with a few other tricks, some of which I mentioned earlier, and it becomes pretty apparent that Caddy went through a lot of trouble to inflate rear seat room numbers here. Ford did exactly the same thing with the Contour and Mystique back in the 90's when those cars were being criticized for a lack of rear seat room. Of course, if the car is already cramped in the back anyway this likely wont be a make it or break it alteration and the numbers might actually sway a few folks who aren't savvy enough to actually spend some time back there during the test drive. And since this car is really in the same Class as the 3 Series, C Class, etc those numbers are nothing to be ashamed of anyway IMO because nothing in this segment has truly good rear seat room. However, that doesn't do anything to diminish the fact that GM apparently was compelled to pull a little shuck and jive here. Again, why? My guess, GM was trying to position the CTS so as to pull a little double duty fighting cars like the C Class and the E Class at the same time since, CTS aside, they really don't have anything with which to go after cars like the 5 Series. (the STS is a dead product walking) I understand the desire to go after the 5 Series and E Class now rather than wait for a proper rival in the next CTS, but I still think this was and is a bad idea since the CTS competes very well within the smaller class but not so well within the larger one, primarily due to a lack of interior room and a lack of mid range engine options. Give it another four inches of wheelbase and a LS3 V8 as an option and I'll change my tune. Quote:
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As for growth, to be blunt Buick didn't have anywhere else to go. (I notice you conveniently left a lot of the specifics related to that chart out) Buick sold about as many vehicles last year as did Saturn and Mercury, which is terrible to be kind. To really put it into perspective, if the trend continues as is for Buick this year they will sell almost as many vehicles in total as Ford sold Mustangs during the 2005 model year. Improvement yes, but not exactly mind boggling just yet. Does Buick have some good product? Absolutely.....arguably much better than what Chevrolet or Cadillac has mustered thus far albeit a bit overpriced in a couple of instances. That said, numbers to this point are still very conservative overall and they look more impressive than they are because the starting point was so dismal. So again, I would suggest prudence when bragging. Quote:
http://seekingalpha.com/instablog/39...t-s-investment Gross domestic sales for both companies were about the same through the middle of the year, but Ford's profit margin was meaningfully higher and Ford shows twice as many assets with about the same amount of current liability. Ford does have about twice as much long term debt, but the numbers find that long term debt effectively offset by Ford's higher assets......throw in Ford's higher profits and we end up at a simple fact. Despite the bankruptcy benefits GM has reaped Ford is still worth more, has a much higher actual market cap, and is in a much better near term debt to income situation. And there is another shoe to drop here. Since GM isn't currently a publicly traded company they can legally manipulate the numbers quite a bit more than they would be able to if they were a publicly traded company. Given that, the numbers within the article I linked to probably represent the rosiest possible financial scenario for GM. In reality GM's situation probably isn't nearly that good and that is absolutely the reason why several financial houses are already whispering that GM may already be getting back into the same kind of trouble they just got out of. I personally don't think the situation is that dire yet, but the upcoming IPO could be the undoing that takes them to that point if they handle it poorly. Sadly, GM's unattainable IPO dream of an 80 billion dollar market cap is destined to hurt them more, the question simply being by how much. If they don't convince the public that they are worth 80 billion the IPO will be a disaster, and if they do manage to pull that off things may even be worse because eventually those initial investors will figure out that they paid way too much for their stock and that will sour them on future purchased and make future investors gun shy. In a step toward fixing these issues the General may finally have gotten a decent CEO, but I'm not yet convinced that they are smart enough to keep him around and I am even less convinced that he has the resources available to undo some of the damage his predecessors have already manged to wreak post bankruptcy. Quote:
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All that said, none of this makes the earlier comparison with the Infiniti M any less ridiculous. Last edited by syr74; 10-20-2010 at 07:55 AM. |
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10-20-2010, 07:40 AM | #100 | |
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