GM Reports June Sales; 70K Over Toyota; Truck Sales Down 17%; Mkt Share +2 Points

[windvale]

Originally Posted by ksr

you have to love that 2% increase in market share.

Why ? What does a 2% increase in market share accomplish ?

If GM continues to burn throught $1 billion/month in cash - and I'm sure they're burning through even more than that right now with the current incentives - they're done for...

[ph39]

Originally Posted by jasaero

What is causing the supply problem with the Lambda's?? They are down about 40% between the 3 yet are claiming that is because of a supply problem?? Even adjusted for selling days they are still down about 30%. Can't figure out how supply could be so much worse than last year?? Are they spinning somehow in their own press release??

Lambda Assembly Plant was on strike in April. Dealers may have been running low on inventory because of it.

[megeebee]

Originally Posted by I-Love-Pontiac

They also pointed out that Lexus sales are down 20%. Hah!

Maybe there's a God afterall.

[windvale]

GM sold 14K G6's vs 13K Malibu's during June !

What is the problem with ramping up the Malibu production ? The Malibu has been in production now for the better part of a year...I know I'm naive, but what is taking so long ???

[GMusa]

Im actually surprised at the reports... alot better then i had thought!

[cbennie2]

Originally Posted by windvale

GM sold 14K G6's vs 13K Malibu's during June !

What is the problem with ramping up the Malibu production ? The Malibu has been in production now for the better part of a year...I know I'm naive, but what is taking so long ???

Didn't the plant that produces the Malibu go on strike for a week or so...probably didn't help getting product to dealers.

[xyagentguy]

What about the Astra..........

[megeebee]

Originally Posted by T-Type

Notice the STS. For a 'flop' it's holding it's own.

Sorry, but a lot of that has to be fleet. STS's are sprouting like weeds at rental lots.

[Pinnacle]

So what is the final number on the GMC brand?

[megeebee]

Originally Posted by xyagentguy

What about the Astra..........

What about it?:

The Astra had sales of nearly 900 vehicles.

This is actually down from May. 1091 were sold that month.

[xyagentguy]

The Astra had sales of nearly 900 vehicles.

I meant, what the heck is the problem here!! haha.

[Hitman1970]

Originally Posted by xyagentguy

I meant, what the heck is the problem here!! haha.

Astra 2008 800

Ion 2007 4770

????

[xyagentguy]

Astra 2008 800

Ion 2007 4770

????

Exactly, what's the problem, why can't GM move these vehicles!! I thought the Astra was a world-wide stellar car that sells well in every territory.

[megeebee]

Originally Posted by xyagentguy

I meant, what the heck is the problem here!! haha.

If you or I could figure THAT out, we'd be pulling down a 7 figure salary at GM !

[Hitman1970]

Originally Posted by xyagentguy

Exactly, what's the problem, why can't GM move these vehicles!! I thought the Astra was a world-wide stellar car that sells well in every territory.

Should have gone with Saturn Corsa to get a greater price disparity with Aura XE.