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#1 (permalink) |
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GMI Europe Editor
Join Date: Jul 2003
Location: France
Drives: 2006 Yamaha YBR 125
1990 Citroën Ax
Posts: 14,549
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GM hangs on to its share of market
Well this is one bit of good news.
---------------------------------- GM hangs on to its share of market But Chrysler and Ford see first-quarter retail sales fall BY SARAH A. WEBSTER • FREE PRESS BUSINESS WRITER • April 18, 2008 Despite the tough American economy, General Motors Corp. has started the year off right -- holding its share of the retail market in the first three months with a stable of strong new products such as the Chevy Malibu, Buick Enclave and Cadillac CTS. GM captured 21.6% of retail sales in the U.S. market during the January-March period, according to the latest estimates provided exclusively to the Free Press by the Power Information Network, a subsidiary of J.D. Power and Associates. Crosstown rivals Chrysler LLC and Ford Motor Co., meanwhile, performed poorly. Chrysler lost 1.5 percentage points of share, ending with 9.8%. Ford dropped a little more than a half percentage point to 13.9%. Those are substantial declines when one considers that every percentage point of annual market share is about the equivalent of one assembly plant's full production for the year. http://www.freep.com/apps/pbcs.dll/a.../1002/BUSINESS
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#2 (permalink) |
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GMI Europe Editor
Join Date: Jul 2003
Location: France
Drives: 2006 Yamaha YBR 125
1990 Citroën Ax
Posts: 14,549
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Re: GM hangs on to its share of market
On a separate note, I learned in school that you were never to start a sentence with 'But'! If journalists in major news outlets can't use proper grammar, can we rag on kids (and adults for that matter) for not doing it either? Was I taught wrong... is 'But' acceptable?
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It's been swell, but the swelling's gone down. |
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#3 (permalink) | |
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5.3 Liter Vortec V8
Join Date: Sep 2007
Drives: '06 Saturn Vue
'89 Olds Cutlass Ciera
Posts: 1,286
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Re: GM hangs on to its share of market
Quote:
And good job GM with that market share thing. Now that's bad writing but good news.
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#4 (permalink) | |
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4.6 Liter Northstar V8
Join Date: Mar 2006
Location: SoCal
Posts: 1,986
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Re: GM hangs on to its share of market
Quote:
So if you understood the point then thats really all that matters. http://www.google.com/search?hl=en&s...ition&ct=title
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He that displays too often his wife and his wallet is in danger of having both of them borrowed. Benjamin Franklin MOOLA! |
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#5 (permalink) | |
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3.6 Liter SIDI V6
Join Date: Feb 2006
Posts: 1,061
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Re: GM hangs on to its share of market
Quote:
I think that was a subtitle. Not sure grammar is ever used in titles or subtitles of articles?? |
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#7 (permalink) |
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6.2 Liter LS9 Supercharged V8
Join Date: May 2005
Location: Banned
Posts: 5,114
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Re: GM hangs on to its share of market
Is this the inflection point for GM?
GM products are the best they've been in 20 years. GM has the mojo, the style, and the reliability. It would not be too surprising to see GM take market share from the imports. Especially if the newer GM vehicles return class-leading fuel economy.
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A successful man is one who can lay a firm foundation with the bricks others have thrown at him. David Brinkley |
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#8 (permalink) | |
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Level I Members
Join Date: Aug 2006
Posts: 699
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Re: GM hangs on to its share of market
Quote:
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#9 (permalink) | |
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4.6 Liter Northstar V8
Join Date: Jan 2003
Posts: 1,507
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Re: GM hangs on to its share of market
Quote:
The reality is, GM is a for-profit, publically held company. Their purpose in this world is to build what people want to drive and (try) do it profitably. Now, you'll get no argument from me when you that GM was shortsighted when it came to small cars, but it's assinine of you to suggest that they should just concede the truck and SUV market, especially since they were selling so well up until the last year or so. In short, GM shouldn't stop selling trucks and SUV just because you hate them.
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1987 Buick Grand National 2009 Saturn VUE XE AWD Your mom's car. |
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#10 (permalink) |
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6.2 Liter LS3 V8
Join Date: Jan 2004
Location: Toronto area
Drives: 2008 Chevrolet Malibu LT2 V6 / 2008 Montana SV6
Posts: 3,221
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Re: GM hangs on to its share of market
I wonder if GM can ever get back up to the 25% mark. It's a tuff slug out there in the world of $3.50 gas and cheap import cars.
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#11 (permalink) | |
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7.0 Liter LS7 V8
Join Date: Sep 2006
Location: CT
Drives: 2005 chevy silverado 1500 5.3 EC LB Z-71
Posts: 4,135
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Re: GM hangs on to its share of market
good for gm. keep it up. it just sucks that theyre not gaining anything from the other big 2- all the ford and chrysler guys are going import. theyre associating gm with the crappiness they exerience with ford and chrysler. all america is bad mentality is killing gm.
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theres nothing gm can do yet about resale value- thats all perception. until the word spreads on the new stuff, that wont change. the new silverado is already projected to have the highest resale value among competitors. that wont change overnight. i think gm is doing good to hold 22% when three companies combined own 55. you cant blame gm for investing in its trucks, they do sell over a million a year. you have to keep whats good good, otherwise then what? you have nothing. so youre saying they shouldve ditched theyre money makers and made cars that people wont buy? perception is a huge thing that needs to be conquered- and that doesnt happen in one model year, that takes awhile.
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My Ride: 2005 Chevy Silverado Z71 3" PA Body lift 34" Nitto Terra Grapplers 17x9Pro Comp Wheels Halo HID Projector headlights w LED halo projector fog lights Pace Edward toneau cover Fire&Ice LED bar Patriot window decal black LED bumper lights black&red grille emblem iPOD jack My Toy: 2009 Arctic Cat 700 Mud Pro Snorkel 28" Outlaw MSTs 14" ground clearance 10" travel locked rear selectable 4x4 & front locker winch hitch IFS/IRS
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#12 (permalink) | |
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4.6 Liter Northstar V8
Join Date: Feb 2005
Location: pittsburgh
Drives: 1969 Chevy El Camino
2004 GMC Canyon
Posts: 1,531
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Re: GM hangs on to its share of market
Quote:
Technically you're not supposed to begin the sentence with it, but if phonetically it seems to sound good, people will just use it nonetheless. I've pulled that off in a few papers this year and haven't been marked for it once. |
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#13 (permalink) | |
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Level I Members
Join Date: Aug 2006
Posts: 699
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Re: GM hangs on to its share of market
Quote:
Last edited by VCDJ : 04-18-2008 at 12:42 PM. |
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#14 (permalink) | |
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4.6 Liter Northstar V8
Join Date: Jan 2003
Posts: 1,507
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Re: GM hangs on to its share of market
Quote:
I'm glad you don't run my company.
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1987 Buick Grand National 2009 Saturn VUE XE AWD Your mom's car. |
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#15 (permalink) |
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Level I Members
Join Date: Aug 2006
Posts: 699
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Re: GM hangs on to its share of market
so youre saying they shouldve ditched theyre money makers and made cars that people wont buy? perception is a huge thing that needs to be conquered- and that doesnt happen in one model year, that takes awhile.[/quote]
People will not buy cars???? What planet do you live on. Last time i Checked fastest growing market is in small cars. Car sales are going Up. Suv and truck sales have collapesed. People will not buy cars like lacrosse, cobalt and aveo. They buy cars like Civic, accord, camry, fit, yaris corrola. That is what they buy |
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