GM plans to axe $1 billion out of mid-size car budget

asim · 08-09-2006, 01:18 PM

GM plans to axe $1 billion out of mid-size car budget

General Motors says it will eliminate $1 billion from its spending on mid-size cars by sharing more parts, designs and factories to get 'er done. If this involves a little process called "badge engineering," we urge GM to beware of the inevitable onslaught of negative comments following this post.

Ahem. The platform used for the Chevrolet Malibu, for example, will be shared with Saab convertibles among the plants in North America, Europe and elsewhere. The idea is part of a larger plan to get the General, which lost buku bucks last year (try $10.6 billion), back to profitability as competitors such as Toyota Motor Company suck market share away from them. GM Chairman and CEO Rick Wagoner.

SOURCE: http://www.autoblog.com/2006/08/09/g...ze-car-budget/

igor · 08-09-2006, 01:26 PM

I love how blatantly ignorant the responders at Autoblog are ... as usual..

and I am upset at the way the title is worded - if it said: GM plans to rationalize its Midsize platforms to save $1bl" the whole picture would have been different - but in reality, that is what the article above is saying ...

oh well .. like with ford ... no media outlet gets it right ..

Igor

56 Starchief · 08-09-2006, 01:26 PM

repost

asim · 08-09-2006, 02:59 PM

Quote:

Originally Posted by 56 Starchief

repost

Where at?

tom3 · 08-09-2006, 05:13 PM

Quote:

Originally Posted by 56 Starchief

repost

I'm on here about every day, didn't see it either. But building a cheaper car is not the answer I'm thinking. If all the vehicles are going to be the same, why have different nameplates. This stuff started serious back in the 70s with the corporate engines that created several lawsuits against GM. If I pay for a Buick, I want Buick parts on it.

DuSpinnst · 08-09-2006, 05:25 PM

Quote:

Originally Posted by asim

Where at?

Crap, I even posted in the original thread. But I don't know where it is.

EDIT: GM to save $1 billion on new development

rhvfd10 · 08-09-2006, 05:26 PM

One would think that with the release of the 900s and gas floating around $3 a gallon that GM would actually be putting money INTO midsize cars!

DuSpinnst · 08-09-2006, 05:31 PM

Quote:

Originally Posted by rhvfd10

One would think that with the release of the 900s and gas floating around $3 a gallon that GM would actually be putting money INTO midsize cars!

You misunderstand the article (anyone who reads the title automatically does).

GM is SAVING $1B on the new Mid-Size Platform VERSUS the current one. Due to shared parts and better engineering.

rhvfd10 · 08-09-2006, 05:34 PM

That makes a little more sense but I still don't want to see a return to the bad old days of the late 80s and 90s.

megeebee · 08-09-2006, 06:10 PM

Quote:

Originally Posted by DuSpinnst

You misunderstand the article (anyone who reads the title automatically does).

GM is SAVING $1B on the new Mid-Size Platform VERSUS the current one. Due to shared parts and better engineering.

THANK YOU!!!! Semantics are a wonderful thing, aren't they?

SSrevolution · 08-09-2006, 06:19 PM

welcome to car industry 101 General Motors!

Lesson 1,

Look at Honda and Toyota. Did they get where they are by slashing the budget on an area that needs improving? No. You have to

SPEND MONEY TO MAKE MONEY YOU MORONS!!!!!!

Quickening · 08-09-2006, 06:28 PM

You obviously didn't read the posts, just the title.

Good move GM. WIth the differation of the Lambdas there is hope that we will never see "rebadges" again.

Boiler · 08-09-2006, 07:16 PM

Good job GM. Stock for wagoner just went up..again.

DuSpinnst · 08-09-2006, 07:52 PM

Quote:

Originally Posted by Quickening

You obviously didn't read the posts, just the title.

Good move GM. WIth the differation of the Lambdas there is hope that we will never see "rebadges" again.

Most American's don't actually read. They think they can get thru life with titles. That's why as a country we are retarded.

asim · 08-09-2006, 07:56 PM

Quote:

Originally Posted by DuSpinnst

Crap, I even posted in the original thread. But I don't know where it is.

EDIT: GM to save $1 billion on new development

Oh wells, most of us didn't see that thread for some reason.

08-09-2006, 01:18 PM	#1 (permalink)
asim Firebird Concept (the turbine one) Join Date: Mar 2005 Location: Houston, TX Posts: 11,271	GM plans to axe $1 billion out of mid-size car budget GM plans to axe $1 billion out of mid-size car budget General Motors says it will eliminate $1 billion from its spending on mid-size cars by sharing more parts, designs and factories to get 'er done. If this involves a little process called "badge engineering," we urge GM to beware of the inevitable onslaught of negative comments following this post. Ahem. The platform used for the Chevrolet Malibu, for example, will be shared with Saab convertibles among the plants in North America, Europe and elsewhere. The idea is part of a larger plan to get the General, which lost buku bucks last year (try $10.6 billion), back to profitability as competitors such as Toyota Motor Company suck market share away from them. GM Chairman and CEO Rick Wagoner. SOURCE: http://www.autoblog.com/2006/08/09/g...ze-car-budget/ __________________ I'll make a new sig. Later.

08-09-2006, 01:26 PM	#2 (permalink)
igor 6.0 Liter LS2 V8 Join Date: Jul 2006 Posts: 4,338	Re: GM plans to axe $1 billion out of mid-size car budget I love how blatantly ignorant the responders at Autoblog are ... as usual.. and I am upset at the way the title is worded - if it said: GM plans to rationalize its Midsize platforms to save $1bl" the whole picture would have been different - but in reality, that is what the article above is saying ... oh well .. like with ford ... no media outlet gets it right .. Igor

08-09-2006, 01:26 PM	#3 (permalink)
56 Starchief 5.3 Liter Vortec V8 Join Date: Sep 2005 Location: NJ Drives: '56 Pontiac Starchief Hardtop '01 Ford Escape Posts: 1,475	Re: GM plans to axe $1 billion out of mid-size car budget repost __________________ General Motors Today-Tomorrow-Always

08-09-2006, 05:26 PM	#7 (permalink)
rhvfd10 6.0 Liter Vortec V8 Join Date: Jul 2006 Location: Douglas County, NV & UC Davis, CA Drives: 98 Chevy C1500 4.3 V6 Posts: 1,918	Re: GM plans to axe $1 billion out of mid-size car budget One would think that with the release of the 900s and gas floating around $3 a gallon that GM would actually be putting money INTO midsize cars!

08-09-2006, 05:34 PM	#9 (permalink)
rhvfd10 6.0 Liter Vortec V8 Join Date: Jul 2006 Location: Douglas County, NV & UC Davis, CA Drives: 98 Chevy C1500 4.3 V6 Posts: 1,918	Re: GM plans to axe $1 billion out of mid-size car budget That makes a little more sense but I still don't want to see a return to the bad old days of the late 80s and 90s.

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08-09-2006, 06:19 PM	#11 (permalink)
SSrevolution 5.3 Liter LS4 V8 Join Date: Jul 2004 Location: Westerville Ohio Drives: 02 Camaro SS 94 Caprice 9C1 Posts: 3,030	Re: GM plans to axe $1 billion out of mid-size car budget welcome to car industry 101 General Motors! Lesson 1, Look at Honda and Toyota. Did they get where they are by slashing the budget on an area that needs improving? No. You have to SPEND MONEY TO MAKE MONEY YOU MORONS!!!!!!

08-09-2006, 06:28 PM	#12 (permalink)
Quickening 7.0 Liter LS7 V8 Join Date: Oct 2005 Location: San Antonio, Texas Drives: 2004 Saab 9-3 Aero Posts: 5,149	Re: GM plans to axe $1 billion out of mid-size car budget You obviously didn't read the posts, just the title. Good move GM. WIth the differation of the Lambdas there is hope that we will never see "rebadges" again. __________________ 2004 Saab 9-3 Aero

08-09-2006, 07:16 PM	#13 (permalink)
Boiler 2.2 Liter ECOTEC Join Date: Jul 2006 Location: South Bend & W. Lafayette, IN Drives: 1996 Bonneville SSEi Posts: 87	Re: GM plans to axe $1 billion out of mid-size car budget Good job GM. Stock for wagoner just went up..again. __________________ 1996 Supercharged SSEi H A I L P U R D U E!

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