New Tahoe sees 53% increase in Jan. Sales

[AnonymouseUser]

Originally posted by: MIKEMIKE
GM had a 7% decrease in retail sales, but Fleet sales helped up both Ford and GM. however the new tahoe...

http://biz.yahoo.com/rb/060201/autos_sales.html?.v=3

One important pocket of strength for GM in January was its new Tahoe SUV, which saw a 53-percent sales increase. GM is banking on a series of redesigned SUVs and pickup trucks, many of which have yet to be launched, to stem its sales slide.

In keeping with a continuing trend, sales of Ford's large Expedition SUV declined 30 percent, while its mid-size Explorer was down nearly 23 percent.

30+23 = 53!!!

i wonder....

OMG, I think my head is gonna explode! 😕 Your math is slightly off....

 

[iamwiz82]

Originally posted by: mugs

Originally posted by: Muadib

Originally posted by: MIKEMIKE

Originally posted by: Muadib

Originally posted by: mugs

Originally posted by: iamwiz82
The funny thing about this is that people will go buy Civics and Focuses and then end up spending more on insurance, so it's pretty much a wash anyways. The difference (gas + insurance) between the MINI we had and Explorer we have puts the Explorer ahead, per month.

Something doesn't add up there. Liability insurance should be more expensive for a larger vehicle, because they do more damage in an accident.

Where the heck did you hear that?

its one of the MANY factors that influence insurance costs.

I live in the state with the highest insurance rates in the country. It's not like that here.

So do I. 😉 But I've never insured an SUV.

Here are some interesting lists from insurance.com

Models that are among the least expensive for injury claims include:

* GMC Yukon XL 1500 two-wheel drive
* GMC Yukon two-wheel drive
* Chevrolet Tahoe two-wheel drive
* GMC Yukon XL 1500 four-wheel drive
* GMC Sierra 2500 four-wheel drive

Models that are among the least expensive for collision claims include:

* GMC Yukon two-wheel drive
* GMC Yukon XL 1500 two-wheel drive
* Chevrolet Tahoe two-wheel drive
* Ford Excursion two-wheel drive
* Ford Escape two-wheel drive

Models that are among the most expensive for theft claims include:

* Acura Integra two-door
* Acura Integra four-door
* Jeep Wrangler
* Jeep Cherokee four-door
* Honda Prelude two-door

Models that are among the most expensive for injury claims include:

* Suzuki Esteem four-door
* Mitsubishi Mirage four-door
* Kia Rio four-door
* Mitsubishi Mirage two-door
* Kia Sephia four-door

Models that are among the most expensive for collision claims include:

* Lexus IS 300
* Hyundai Tiburon two-door
* Kia Spectra four-door
* Suzuki Esteem four-door
* Mitsubishi Mirage four-door and Audi A6 Avant Quattro station wagon (tie)

 

[mugs]

Originally posted by: iamwiz82

Here are some interesting lists from insurance.com
<snip>

FWIW, I just did a comparison quote on Geico - identical situations with an '03 Ford Explorer vs. an '03 Honda Civic (two of the vehicles you mentioned I believe). Private party values of the two cars were $14,600 for the Explorer and $12,800 for the Civic. The Civic would cost an extra $24.40 a year to insure. So... yeah, the Explorer was cheaper. So I could eat out one more time a year...

As for gas+insurance combined, that depends a lot on how much a person drives. Right now I only drive 10 miles a day round trip for work, so gas mileage is pretty much a non-issue. 6 months ago I was driving 150 miles a day round trip. My monthly gas expense was $200-250 I think. If I was driving a vehicle that got half the gas mileage of my car, that'd be pretty expensive.

 

[MikeMike]

Originally posted by: AnonymouseUser

Originally posted by: MIKEMIKE
GM had a 7% decrease in retail sales, but Fleet sales helped up both Ford and GM. however the new tahoe...

http://biz.yahoo.com/rb/060201/autos_sales.html?.v=3

One important pocket of strength for GM in January was its new Tahoe SUV, which saw a 53-percent sales increase. GM is banking on a series of redesigned SUVs and pickup trucks, many of which have yet to be launched, to stem its sales slide.

In keeping with a continuing trend, sales of Ford's large Expedition SUV declined 30 percent, while its mid-size Explorer was down nearly 23 percent.

30+23 = 53!!!

i wonder....

OMG, I think my head is gonna explode! 😕 Your math is slightly off....

wtf???

 

[AnonymouseUser]

Originally posted by: MIKEMIKE

Originally posted by: AnonymouseUser

Originally posted by: MIKEMIKE
GM had a 7% decrease in retail sales, but Fleet sales helped up both Ford and GM. however the new tahoe...

http://biz.yahoo.com/rb/060201/autos_sales.html?.v=3

One important pocket of strength for GM in January was its new Tahoe SUV, which saw a 53-percent sales increase. GM is banking on a series of redesigned SUVs and pickup trucks, many of which have yet to be launched, to stem its sales slide.

In keeping with a continuing trend, sales of Ford's large Expedition SUV declined 30 percent, while its mid-size Explorer was down nearly 23 percent.

30+23 = 53!!!

i wonder....

OMG, I think my head is gonna explode! 😕 Your math is slightly off....

wtf???

(30% + 23%) / 2 = 26.5% but only if both numbers were identical to begin with...

BTW, the 53% increase was due to a total of ~3000 sales, meaning that the previous month was a lousy ~2000 sales. Better, but not exactly a hot seller. Gotta love those press releases. :roll:

 

[JulesMaximus]

Originally posted by: AnonymouseUser

Originally posted by: MIKEMIKE

Originally posted by: AnonymouseUser

Originally posted by: MIKEMIKE
GM had a 7% decrease in retail sales, but Fleet sales helped up both Ford and GM. however the new tahoe...

http://biz.yahoo.com/rb/060201/autos_sales.html?.v=3

One important pocket of strength for GM in January was its new Tahoe SUV, which saw a 53-percent sales increase. GM is banking on a series of redesigned SUVs and pickup trucks, many of which have yet to be launched, to stem its sales slide.

In keeping with a continuing trend, sales of Ford's large Expedition SUV declined 30 percent, while its mid-size Explorer was down nearly 23 percent.

30+23 = 53!!!

i wonder....

OMG, I think my head is gonna explode! 😕 Your math is slightly off....

wtf???

(30% + 23%) / 2 = 26.5% but only if both numbers were identical to begin with...

BTW, the 53% increase was due to a total of ~3000 sales, meaning that the previous month was a lousy ~2000 sales. Better, but not exactly a hot seller. Gotta love those press releases. :roll:

No kidding. Sounds like fuzzy math to me. Nothing in that article jumped out at me as a rosy outlook for GM. Does anyone know how thin the margins are on fleet vehicles? Here's a clue, the manufacturer is probably close to losing money on them.

 

[MikeMike]

Originally posted by: JulesMaximus

Originally posted by: AnonymouseUser

Originally posted by: MIKEMIKE

Originally posted by: AnonymouseUser

Originally posted by: MIKEMIKE
GM had a 7% decrease in retail sales, but Fleet sales helped up both Ford and GM. however the new tahoe...

http://biz.yahoo.com/rb/060201/autos_sales.html?.v=3

One important pocket of strength for GM in January was its new Tahoe SUV, which saw a 53-percent sales increase. GM is banking on a series of redesigned SUVs and pickup trucks, many of which have yet to be launched, to stem its sales slide.

In keeping with a continuing trend, sales of Ford's large Expedition SUV declined 30 percent, while its mid-size Explorer was down nearly 23 percent.

30+23 = 53!!!

i wonder....

OMG, I think my head is gonna explode! 😕 Your math is slightly off....

wtf???

(30% + 23%) / 2 = 26.5% but only if both numbers were identical to begin with...

BTW, the 53% increase was due to a total of ~3000 sales, meaning that the previous month was a lousy ~2000 sales. Better, but not exactly a hot seller. Gotta love those press releases. :roll:

No kidding. Sounds like fuzzy math to me. Nothing in that article jumped out at me as a rosy outlook for GM. Does anyone know how thin the margins are on fleet vehicles? Here's a clue, the manufacturer is probably close to losing money on them.

it sold >3000 2007 versions, there are 2006 versions out still... and in order to have 53% increase compared to last january, which is how they copare, it means that 7000+ 2006 versions were sold.

 

[iversonyin]

Originally posted by: JulesMaximus

Originally posted by: AnonymouseUser

Originally posted by: MIKEMIKE

Originally posted by: AnonymouseUser

Originally posted by: MIKEMIKE
GM had a 7% decrease in retail sales, but Fleet sales helped up both Ford and GM. however the new tahoe...

http://biz.yahoo.com/rb/060201/autos_sales.html?.v=3

One important pocket of strength for GM in January was its new Tahoe SUV, which saw a 53-percent sales increase. GM is banking on a series of redesigned SUVs and pickup trucks, many of which have yet to be launched, to stem its sales slide.

In keeping with a continuing trend, sales of Ford's large Expedition SUV declined 30 percent, while its mid-size Explorer was down nearly 23 percent.

30+23 = 53!!!

i wonder....

OMG, I think my head is gonna explode! 😕 Your math is slightly off....

wtf???

(30% + 23%) / 2 = 26.5% but only if both numbers were identical to begin with...

BTW, the 53% increase was due to a total of ~3000 sales, meaning that the previous month was a lousy ~2000 sales. Better, but not exactly a hot seller. Gotta love those press releases. :roll:

No kidding. Sounds like fuzzy math to me. Nothing in that article jumped out at me as a rosy outlook for GM. Does anyone know how thin the margins are on fleet vehicles? Here's a clue, the manufacturer is probably close to losing money on them.

GM need some positive news. And they got them. Through selling vehicle with rebates and fleet sales to increase sales number.

When their income go black, then that will be something to celebrate.

Don't mean to rain on the parade, but GM is losing market share AGAIN.

 

[JulesMaximus]

GM said its retail sales were down 7 percent. Ballew said GM was targeting a 10 percent decline in sales to rental companies over the course of 2006, calling the January tally of 85,000 rental sales "a one-month aberration."

Hmm, nothing rosy here.

Asian brands won a 37.5 percent share of the U.S. market last year, a 1.2 percentage point increase compared with the same period a year ago. U.S. automakers, on the other hand, collectively lost 1.6 points of share at 55.7 percent, according to Autodata.

Toyota beat Chrysler in January with a U.S. market share of 14.1 percent. Chrysler's share for January was 13.6 percent, Autodata said.

Rosy news for Japanese automakers.

Sales to rental-car companies and other large-scale purchasers such as government agencies are generally less profitable than sales to individual buyers.

Didn't I just say that?

Both General Motors Corp. (NYSE:GM - News) and Ford Motor Co. (NYSE:F - News) cautioned that their outsize monthly gains came from a one-off surge in fleet sales, while their showroom sales actually declined in the traditionally slow month.

So, sales actually declined despite the OP's claim that Tahoe sales increased 53% in Jan. Wow, GM sold 3000 of the new Tahoes in Jan...unless they sold them for $1.6 million each I'd say the new Tahoe isn't enough to turn GM around. Call it a hunch.

 

[MikeMike]

Originally posted by: JulesMaximus

GM said its retail sales were down 7 percent. Ballew said GM was targeting a 10 percent decline in sales to rental companies over the course of 2006, calling the January tally of 85,000 rental sales "a one-month aberration."

Hmm, nothing rosy here.

Asian brands won a 37.5 percent share of the U.S. market last year, a 1.2 percentage point increase compared with the same period a year ago. U.S. automakers, on the other hand, collectively lost 1.6 points of share at 55.7 percent, according to Autodata.

Toyota beat Chrysler in January with a U.S. market share of 14.1 percent. Chrysler's share for January was 13.6 percent, Autodata said.

Rosy news for Japanese automakers.

Sales to rental-car companies and other large-scale purchasers such as government agencies are generally less profitable than sales to individual buyers.

Didn't I just say that?

Both General Motors Corp. (NYSE:GM - News) and Ford Motor Co. (NYSE:F - News) cautioned that their outsize monthly gains came from a one-off surge in fleet sales, while their showroom sales actually declined in the traditionally slow month.

So, sales actually declined despite the OP's claim that Tahoe sales increased 53% in Jan. Wow, GM sold 3000 of the new Tahoes in Jan...unless they sold them for $1.6 million each I'd say the new Tahoe isn't enough to turn GM around. Call it a hunch.

they still sold 10000 new tahoes... do some math...

 

[Squisher]

Maybe I'm wrong, but a Tahoe doesn't strike me as a fleet vehicle.

 

[JulesMaximus]

Originally posted by: MIKEMIKE

Originally posted by: JulesMaximus

GM said its retail sales were down 7 percent. Ballew said GM was targeting a 10 percent decline in sales to rental companies over the course of 2006, calling the January tally of 85,000 rental sales "a one-month aberration."

Hmm, nothing rosy here.

Asian brands won a 37.5 percent share of the U.S. market last year, a 1.2 percentage point increase compared with the same period a year ago. U.S. automakers, on the other hand, collectively lost 1.6 points of share at 55.7 percent, according to Autodata.

Toyota beat Chrysler in January with a U.S. market share of 14.1 percent. Chrysler's share for January was 13.6 percent, Autodata said.

Rosy news for Japanese automakers.

Sales to rental-car companies and other large-scale purchasers such as government agencies are generally less profitable than sales to individual buyers.

Didn't I just say that?

Both General Motors Corp. (NYSE:GM - News) and Ford Motor Co. (NYSE:F - News) cautioned that their outsize monthly gains came from a one-off surge in fleet sales, while their showroom sales actually declined in the traditionally slow month.

So, sales actually declined despite the OP's claim that Tahoe sales increased 53% in Jan. Wow, GM sold 3000 of the new Tahoes in Jan...unless they sold them for $1.6 million each I'd say the new Tahoe isn't enough to turn GM around. Call it a hunch.

they still sold 10000 new tahoes... do some math...

The article said 3000 of the new 2007 Tahoes...do some reading...

 

[AnonymouseUser]

Originally posted by: MIKEMIKE

Originally posted by: JulesMaximus

Originally posted by: AnonymouseUser

Originally posted by: MIKEMIKE

Originally posted by: AnonymouseUser

Originally posted by: MIKEMIKE
GM had a 7% decrease in retail sales, but Fleet sales helped up both Ford and GM. however the new tahoe...

http://biz.yahoo.com/rb/060201/autos_sales.html?.v=3

One important pocket of strength for GM in January was its new Tahoe SUV, which saw a 53-percent sales increase. GM is banking on a series of redesigned SUVs and pickup trucks, many of which have yet to be launched, to stem its sales slide.

In keeping with a continuing trend, sales of Ford's large Expedition SUV declined 30 percent, while its mid-size Explorer was down nearly 23 percent.

30+23 = 53!!!

i wonder....

OMG, I think my head is gonna explode! 😕 Your math is slightly off....

wtf???

(30% + 23%) / 2 = 26.5% but only if both numbers were identical to begin with...

BTW, the 53% increase was due to a total of ~3000 sales, meaning that the previous month was a lousy ~2000 sales. Better, but not exactly a hot seller. Gotta love those press releases. :roll:

No kidding. Sounds like fuzzy math to me. Nothing in that article jumped out at me as a rosy outlook for GM. Does anyone know how thin the margins are on fleet vehicles? Here's a clue, the manufacturer is probably close to losing money on them.

it sold >3000 2007 versions, there are 2006 versions out still... and in order to have 53% increase compared to last january, which is how they copare, it means that 7000+ 2006 versions were sold.

Yep, you're right about the sales figures. Still doesn't mean that they were wholly at the expense of Ford's Explorer and Expedition sales...

 

[MikeMike]

Originally posted by: AnonymouseUser

Originally posted by: MIKEMIKE

Originally posted by: JulesMaximus

Originally posted by: AnonymouseUser

Originally posted by: MIKEMIKE

Originally posted by: AnonymouseUser

Originally posted by: MIKEMIKE
GM had a 7% decrease in retail sales, but Fleet sales helped up both Ford and GM. however the new tahoe...

http://biz.yahoo.com/rb/060201/autos_sales.html?.v=3

One important pocket of strength for GM in January was its new Tahoe SUV, which saw a 53-percent sales increase. GM is banking on a series of redesigned SUVs and pickup trucks, many of which have yet to be launched, to stem its sales slide.

In keeping with a continuing trend, sales of Ford's large Expedition SUV declined 30 percent, while its mid-size Explorer was down nearly 23 percent.

30+23 = 53!!!

i wonder....

OMG, I think my head is gonna explode! 😕 Your math is slightly off....

wtf???

(30% + 23%) / 2 = 26.5% but only if both numbers were identical to begin with...

BTW, the 53% increase was due to a total of ~3000 sales, meaning that the previous month was a lousy ~2000 sales. Better, but not exactly a hot seller. Gotta love those press releases. :roll:

No kidding. Sounds like fuzzy math to me. Nothing in that article jumped out at me as a rosy outlook for GM. Does anyone know how thin the margins are on fleet vehicles? Here's a clue, the manufacturer is probably close to losing money on them.

it sold >3000 2007 versions, there are 2006 versions out still... and in order to have 53% increase compared to last january, which is how they copare, it means that 7000+ 2006 versions were sold.

Yep, you're right about the sales figures. Still doesn't mean that they were wholly at the expense of Ford's Explorer and Expedition sales...

i shoulda edited out the "i wonder" it was for when i changed the title to "decrease" to see if there would be more responses, but i never did and now it has been quoted for posterity.

 

[AnonymouseUser]

Originally posted by: JulesMaximus

Originally posted by: MIKEMIKE
they still sold 10000 new tahoes... do some math...

The article said 3000 of the new 2007 Tahoes...do some reading...

Yes, GM sold 3000 copies of the new 2007 Tahoe, but they are still selling the 2006 model. So, year over year sales for January are up thanks to the new model.

 

[ShadoWing]

i've got a tahoe, awesome car, like an escalade with diff engine 🙂

 

[JulesMaximus]

Originally posted by: Squisher
Maybe I'm wrong, but a Tahoe doesn't strike me as a fleet vehicle.

It's not. The Tahoe was only mentioned as a very small part of that article.