GM and Corvette
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Re: GM and Corvette
Clem
I'm not sure Corvette could survive as a stand alone car company simply because the production numbers as so low compared to the mass market. If it were to become a stand alone, I think the price would have to increase significantly. As it is now GM can --or at least could before-- keep the development and production costs reasonable by leveraging against the corporation. Interesting thought though.- Top
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Re: GM and Corvette
I saw a statement yesterday, associated with the request for govt. money, that GM may support half of the marques it presently has. Automotive News again spoke of selling Saab. Although it may well be necessary and there be no choice at this point in the game what will those out of jobs and retirees do? ATT just announced a cut of 12,000, among others. I am just not certain how people will eat and pay the mortgage as jobs, good paying/benefits jobs and McDonald's type of service jobs, are getting scarce.
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Re: GM and Corvette
Quoted from yesterdays Automotive News
WASHINGTON -- The General Motors of 2012 will have fewer brands and nameplates, thousands fewer dealers and employees, and much less debt on its balance sheet, under a restructuring plan GM gave Congress today.
GM will focus on its "core brands" of Chevrolet, Buick, GMC and Cadillac, the plan says. GM will sell Saab, shrink Pontiac to a niche brand and consider selling or closing Saturn, GM President Fritz Henderson told reporters at a briefing today.
GM also plans to trim its U.S. dealerships from today's 6,450 to about 4,700, Henderson said. It will cut about one-third of the nameplates from its vehicle lineup
Under its franchise agreement with Saturn dealers, GM will seek a new course for that brand, Henderson said. Asked whether GM would sell or fold Saturn, he said he would not eliminate any options.
The brand "is just not successful," Henderson said.
The number of GM nameplates would drop from 63 today to about 40 by 2012, Henderson added.
• T******* GM's 6,450 U.S. dealerships to about 4,700.
Most reductions would occur in metropolitan areas, Henderson said.Dick Whittington- Top
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Re: GM and Corvette
the question is will the liberal congress allow GM to build a car with 430+ HP and goes close to 200 MPH. i don't think henry waxman will think that is a car that pleases the enviro weenies and he answers to themClem
I'm not sure Corvette could survive as a stand alone car company simply because the production numbers as so low compared to the mass market. If it were to become a stand alone, I think the price would have to increase significantly. As it is now GM can --or at least could before-- keep the development and production costs reasonable by leveraging against the corporation. Interesting thought though.- Top
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Re: GM and Corvette
It is interesting to watch the politicians - the majority being Democrats. They are really pounding on the cost structure - hourly rates, benefits, pension promises, "Jobs Bank". Interesting in that these are the things that the Union fought for and defended, yet the Unions have always been big supporters of the Democrats.
If the Union feels that they are being "pressured" from the politicians for bigger give-backs I wonder what the support will be in 2010 and 2012?- Top
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Re: GM and Corvette
'been watching C-SPAN live today. Interesting from a number of perspectives, alot of goood questions and answers and alot of solid methane which has no bearing on resolving the issues. Who hires and elects some ofthese guys anyway

----whooops------Tester just got interrupted by some protestors chanting something??? Nothing on Speed today
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Re: GM and Corvette
I believe GM will keep the Corvette line. They have the plant which they could not sell anyway. Not that big to staff. It's a good R&D platform for other models & they can sell them for big money. My guess is that will switch to a V6 & milk it till it doesn't sell anymore & drop it down the road blaming slow sales. Glad I am 64. I see a era that is almost over for HP cars. It was the best of times. Now it will be the worst of times for fast cars.Clem
I'm not sure Corvette could survive as a stand alone car company simply because the production numbers as so low compared to the mass market. If it were to become a stand alone, I think the price would have to increase significantly. As it is now GM can --or at least could before-- keep the development and production costs reasonable by leveraging against the corporation. Interesting thought though.
KEN65 350 TI CONV 67 J56 435 CONV,67,390/AIR CONV,70 454/air CONV,
What A MAN WON'T SPEND TO GIVE HIS ASS A RIDE- Top
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Re: GM and Corvette
as long as GM has V-8s for trucks they will have a V-8 corvette and the small amount of corvettes and getting smaller they sell does not hurt their CAFEI believe GM will keep the Corvette line. They have the plant which they could not sell anyway. Not that big to staff. It's a good R&D platform for other models & they can sell them for big money. My guess is that will switch to a V6 & milk it till it doesn't sell anymore & drop it down the road blaming slow sales. Glad I am 64. I see a era that is almost over for HP cars. It was the best of times. Now it will be the worst of times for fast cars.
KEN- Top
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Re: GM and Corvette
Clem, I keep hearing from local dealership owners that as soon as Chevrolet gets a diesel without the problems that have plaqued GM diesels since they were introduced, the gasoline V8 will disappear from the pickup truck line. One guess that as early as 2010, no gasoline powered V8. They say that Congress is pushing this behind closed door meetings.Good carburetion is fuelish hot air . . .- Top
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Re: GM and Corvette
With present day technology, the major fuel savings to come are with the diesel. Europe has adoped the diesel for many of the smaller vehicles. GM. Chrysler and F**d have a new small diesel coming in their 1/2 tons within the next 24 months. There will be a noticeable fuel savings with those engines. I believe that the next thing will be the sub compact cars, although the next round of emission changes (Tier III) in 2010 will have a hefty price increase with them.
As the old saying goes "Ya ain't seen nothin' yet"Dick Whittington- Top
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