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by anythngbutgm on Tue Nov 18 07:01:16 PST 2008
However, now that these vehicles can all be equipped pretty much the same way, it does dilute their status in the overall brand hierarchy. Exactly. It also makes the argument that GM has too many brands to support. When there is this much overlap, it just dilutes the mission that each brand once stood for. Again, why is there a Cobalt SS when your supposed "Sporty division" makes do with a base model G5? What the hell is the G3 doing in the Pontiac lineup? What is Pontiac? A lineup of rebadged Chevies (minus the Holden G8) What is GMC? An entire lineup of rebadged Chevies What is Saturn? An entire lineup of rebadged Chevies (minus the Opel Astra) What is Buick? A lineup of rebadged Chevies and a cheap Cadillac The lines are too blurry here. And I think they are blurry to the GM execs as well. For example, remember those commercials when the Lacrosse came out and the guy was playing on the racetrack with his kids while daydreaming of taking off ramps like it was a Ferrari? The Lacrosse is a dull, spongy, soft sprung pillow, yet you'd think the advertisments were making it out to be a 3-series or even an Acura TL. It sure was priced like one when they first came out... Now you can get them for less money than a Cobalt. Then you look across to GM's supposed "everyman car" and you find an Impala SS that looks much more racy and blows the Lacrosse away in exterior quality (interior is still as cheap as the Lax). Why "step up" to an inferior Buick? Or the Aura. When the car made the rounds of the auto show curcuit, GM was touting the car as "Saturns interpretation of an Acura TL". I kid you not. The concept had sharp, racy lines, a center mounted dual exhaust with beefy chrome tips and a 6-speed manual plucked out of a Holden. I mean, the car looked the part for sure, and sure, the end product was a dull, watered-down shadow of its former self but still, why wasn't this car a Pontiac G6 in the first place? The G6 is laughable as a performance car and Chevies own Malibu is a major step up on the interior and exterior styling/quality. Why "step up" to an inferior Pontiac? Is Saturn supposed to be above Pontiac as well? To GM, I have one recommendation. K.I.S.S. ;)
Re: Weight [dmathews3]
by steve_ on Sat Nov 15 19:26:52 PST 2008
I used to have some shares in a Japanese weighted ETF and they owned some car companies (forgot which ones - Honda and Toyota iirc). I still have some shares in an Asian weighted ETF and they own some Hyundai last I checked. I have some Ford/Holden and probably lots of other auto related stock buried in those things but usually I just skim the major industries the funds hold. Tell your money guy he needs to diversify so he can lose his shorts worldwide like the rest of us have. :) But ... we're really hear to talk about HUMMER MPG. For the other issues, check out Buying American Cars What Does It Mean?.
GM moving to China only makes sense ( cents)
by dill on Thu Nov 13 06:10:13 PST 2008
Aren't they based primarily on Daewoos and Holdens??? I believe they have a number of branded Buick models that are based off of a number of different cars like Daewoo and Holden. I believe the vast majority of Buick offerings are Daewoo in nature however. I realize GM would lose marketshare here in the US if they were to ditch the US manufacturing arm of GM. That being said, GM in China is growing a lot every single year. Buick is one of the best selling brands in China and has been for the last 5 or so years with no end in sight to Buicks sales. People would absolutely come back to Buick in the US if they were getting an inexpensive well built car that was reliable and got respectable gas mileage regardless of its country of origin. Look at Hyundai, the Hyundai excell (a mitsubishi car from stem to stern) was complete garbage. There were many people who bought them who were extremely disappointed in those cars. Hyundai, tried again with their own models that were better cars, and it wasn't until the early part of this very decade that Hyundais are good respectable cars comparable to the competition. Hyundai's biggest problem has been the exchange rates that have made their cars more expensive here due to the exchange rates. If people perceive value even if there experiences in the past have been bad ones they will eventually come back to that brand. I wouldn't expect everyone to come back initially but within 5-10 years they would have enough of a market to make a profit, this would be especially true for a car company with such little labor costs like China has verus the rest of the world.
Re: Bailing out the big 3 [cooterbfd]
by nippononly on Wed Nov 12 23:12:39 PST 2008
Not the new Buicks. They are all-Chinese, all the time! The old Chinese Buicks were based on a Holden platform though, weren't they? Seems like our congresspeople aren't listening to the public at all - Pelosi has got a special session set for next week to give away umpteen billions of taxpayer dollars to Detroit. I'm going to start hounding their phone switchboard.....
Re: Bailing out the big 3 [gagrice]
by cooterbfd on Wed Nov 12 18:28:18 PST 2008
In all seriousness, aren't they based primarily on Daewoos and Holdens???
Re: Bailing out the Automakers [jeffyscott]
by bumpy on Tue Nov 11 11:43:52 PST 2008
Surely, GM has some assets that it could sell to raise cash Opel, Holden, GMDAT, and its other overseas operations are literally all they have left that is of sufficient value. A good chunk of GM's North American operations and assets are collateral for a line of credit they took out and used up earlier this year, and everything else that could be sold off already has been. Selling off the foreign arms would be akin to selling the walls of your house. Even if GM did put them on the block, no one (except maybe Porsche and Toyota) has enough free cash to buy them without laboriously lining up credit from stingy banks (which GM doesn't have enough time to wait for). GM is finished.

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