Comments on: General Motors Falls 15.8% for September

By: whynotaztec

whynotaztec — Wed, 01 Oct 2008 23:52:46 +0000

8766 Trailblazers? Who the hell bought them???

By: Robert Schwartz

Robert Schwartz — Wed, 01 Oct 2008 21:13:44 +0000

“Remind me again how many billions GM spent on its two-mode hybrid system?”

It just doesn’t make any difference at this point. Historic cost is irrelevant to bankrupt companies.

By: Campisi

Campisi — Wed, 01 Oct 2008 20:46:10 +0000

And fleets. Let’s not forget the fleets. Anyway…

Do we have any numbers to actually indicate what their fleet sales were in respect to the overall total?

By: CSJohnston

CSJohnston — Wed, 01 Oct 2008 19:39:09 +0000

Although I like to see GM not being the worst of the worst, the big winners on their sales charts seem to be Impala and Malibu, which makes me think that fleets (not necessarily daily rental) cushioned most of the blow.

With respect to the CTS, this may be more a case of GM blowing out the old version last year causing a spike in sales.

Other than maybe pickups and Vibe sales… yikes!

By: sean362880

sean362880 — Wed, 01 Oct 2008 19:36:42 +0000

192% retail increase for the Malibu doesn’t strike me as surprising, considering how rancid the ‘07
model was. I imagine almost all of the previous year went to fleets, wheras this year most (but probably still not enough) are retail.

By: Sajeev Mehta

Sajeev Mehta — Wed, 01 Oct 2008 19:29:09 +0000

Imagine the numbers if “Employee Pricing for Everyone” banners weren’t at every dealership in the nation.

Maybe GM will really, really miss Bill Heard. As if!

By: Chris Haak

Chris Haak — Wed, 01 Oct 2008 19:13:16 +0000

Cadillac cars: down 32.8% (including the CTS dropping 32.0%).

Cadillac trucks: down 49.9%, with almost all of them dropping by around that number.

Telling that the press release touts the success of their “launch products,” which used to include the CTS, but didn’t mention it anywhere until it fell 32% in September.

By: Juniper

Juniper — Wed, 01 Oct 2008 19:09:04 +0000

Here are the details
http://media.corporate-ir.net/media_files/irol/84/84530/sales_production/Deliveries_September_08.pdf

By: racebeer

racebeer — Wed, 01 Oct 2008 19:05:01 +0000

FYI …. Hummer was 2298 for the month, down 54.8% from last September. Down 47.4% YTD.

OUCH!!!!!!!

By: ferrarimanf355

ferrarimanf355 — Wed, 01 Oct 2008 19:03:12 +0000

Wow, what happened to Caddy? Any one know why they stood out so much?

Wild guess, but I’m assuming that Escalade sales cratered…

By: Landcrusher

Landcrusher — Wed, 01 Oct 2008 19:01:15 +0000

Wow, what happened to Caddy? Any one know why they stood out so much?

By: ferrarimanf355

ferrarimanf355 — Wed, 01 Oct 2008 19:00:55 +0000

Considering how far Toyota fell this month, GM has to be a little confident… hopefully, they’re not doing a Shaq in the process…

(Actually, I don’t see Hummer in there. Did GM even bother to report that side of the equation?)