Originally posted by: NFS4
Originally posted by: MisterCornell
It's GM's best selling platform. They sell, what, a million plus GMT 800 vehicles a year? That might be as many vehicles as Honda's or Nissan's entire lineup put together. Of course improving the quality of their trucks (which are outdated and have to be incentivized) will be integral to any turn around plan.
Then why did you question the comment that GM was betting their future on them? They cancelled their large RWD car platform to channel more money to their light truck platform. Their mainstream car platforms have largely languished over the years as they basked in the glow of SUV profits. So where does that leave them??
Companies like Toyota, Honda and Nissan balanced their developmental costs and research pretty evenly to both their car and truck/SUV platforms so that neither would be left falling behind.
GM on the other hand focused most of their developmental costs on trucks and SUVs since they were the vehicles bringing them in the most cash in the 90's while neglecting their car platforms. Now that gas prices are rising and the vehicles that brought them the most money in years past are falling out of favor, they're are trying to turn the ship around (in this case, a massive oil tanker) to scamble and rebuild their car lineup. They also got caught with their pants down in the crossover/sportwagon sector which has been booming lately. They've had to cancel car programs and refresh old platforms (instead of developing new ones) to have enough money to ensure that their truck platform doesn't flop.
Bottom line. GM relied too heavily on trucks/SUVs to pull them through the 90's. Now that preferences are switching from mammoth SUVs to crossovers and and cars, GM is left in a bind.
You're pulling crap out of uranus, and it stinks to high heaven. Is there a single fact in what you've stated, or do you just regurgitate pro-Toyota press releases?
First of all, GM has updated almost their entire passenger car lineup in the last few years.
Epsilon for the mid sized cars - Chevrolet Malibu, Pontiac G6, Saab 9-3 (2002-2004)
Buick La Crosse and Pontiac Grand Prix were updated about a year or two ago
Cadillac Deville, Buick Lucerne, Chevrolet Impala and Monte Carlo got replacements this year
Chevrolet Cobalt came out last year, replacing the Cavalier, and the Pontiac Pursuit will be replacing the Pontiac Sunfire
Chevrolet Aveo is about 2 years old, and will be replaced soon.
Pontiac Solstice came out this year
Cadillac STS replaced the Seville last year, and the CTS came in 2002, and will be probably the next GM car slated to be renewed.
My guess is that the Saturn L-Series (replaced next year with Aura) and LeSabre (which will be discontinued soon) and perhaps the Saab 9-5 (being replaced soon) are the only "old" passenger cars being sold by GM.
Keep in mind the industry average is about 7 years for a car model.
GM's full size trucks and SUVs were slated for new models this year and the next year. That's something that was set in stone a long time ago, because you don't develop cars overnight.
http://media.gm.com/servlet/GatewayServ...releasedetail.do?domain=74&docid=17843
GM's truck sales are up this year, despite the high gas prices, and all the hot wind from reporters and folks like you talking about how "no one is buying trucks anymore because of the high gas prices". Hell, if GM is increasing their truck sales with such an old, outdated lineup, with such - allegedly - high gasoline prices, then it's no surprise that everyone else is tripping overthemselves to put out new trucks, not just crossovers, but real big trucks. Because that's what the market is buying: light trucks.
GM's car lineup is much improved over the past 5 years, but they've still sold fewer and fewer cars each year, mainly because the market as a whole is demanding less and less cars each year. I think even this year, sales of light trucks are up vs. last year, and cars are down, despite all the "high gas prices", and all the reporters talking about how no one can afford SUVs anymore.