GM Inside News Forum - View Single Post - GM's recovery depends on winning over car buyers

throwback · 07-17-2008, 11:35 AM

"The reason we made no money on small cars is because — hello — nobody wanted them," Lutz said. "At $1.75 and $2.25 (per gallon), everybody was happy with full-size utilities with V-8 engines. Now that's shifting, so the profitability is going to go down on trucks and the profitability on cars is going up."

This is a lie! How is it Honda has made record profits year over year for 10 straight years mostly selling cars? The reason GM made no money was because they choose to build the cheapest small cars they could. Then they decided not to update the cars (Cavalier I am talking about you) for like 8 years. Why would anyone buy a Cavalier over a Corolla or a Civic during that period? Hey Bob, Americans will buy the best product available, if we had the Corsa instead of the Aveo GM would make money on small cars. Build it in Mexico to keep the price down. Ohh that's right, in your infinite wisdom GM's small cars don't meet US standards because gas prices where never supposed to go up. I'm tired of the excuses leaders are supposed to have vision, are there no visionaries in GM?

07-17-2008, 11:35 AM	#11 (permalink)
throwback 3.9 Liter V6 Join Date: Oct 2006 Posts: 980	Re: GM's recovery depends on winning over car buyers "The reason we made no money on small cars is because — hello — nobody wanted them," Lutz said. "At $1.75 and $2.25 (per gallon), everybody was happy with full-size utilities with V-8 engines. Now that's shifting, so the profitability is going to go down on trucks and the profitability on cars is going up." This is a lie! How is it Honda has made record profits year over year for 10 straight years mostly selling cars? The reason GM made no money was because they choose to build the cheapest small cars they could. Then they decided not to update the cars (Cavalier I am talking about you) for like 8 years. Why would anyone buy a Cavalier over a Corolla or a Civic during that period? Hey Bob, Americans will buy the best product available, if we had the Corsa instead of the Aveo GM would make money on small cars. Build it in Mexico to keep the price down. Ohh that's right, in your infinite wisdom GM's small cars don't meet US standards because gas prices where never supposed to go up. I'm tired of the excuses leaders are supposed to have vision, are there no visionaries in GM?