Article States GM Has 1 Million Units Of Excess Production Capacity - Page 2

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Thread: Article States GM Has 1 Million Units Of Excess Production Capacity

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    Re: Article States GM Has 1 Million Units Of Excess Production Capacity

    Whatever happened to the good old days? I remember when GM was basically selling vehicles at a loss. They simply ramped up production to compensate. A simple, yet elegant solution. Well, along with a few other not so nice descriptives.

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    Re: Article States GM Has 1 Million Units Of Excess Production Capacity

    What is the Over/Under on days duration for this strike?

    39?

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    Re: Article States GM Has 1 Million Units Of Excess Production Capacity

    Quote Originally Posted by joey View Post
    Simple solution: Build where you sell.
    Overcapacity is an automotive industry wide problem, as well as a global problem. For those reasons and more, "build where you sell" is not a solution. It's part of the problem.
    Last edited by gkr778; 10-01-2019 at 08:51 AM.
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    Re: Article States GM Has 1 Million Units Of Excess Production Capacity

    Quote Originally Posted by steve333 View Post
    Maybe they can try building vehicles that people want and advertising.
    Mary Barra is clueless

    GM sells millions of vehicles a year - are you implying that the purchasers don’t want the vehicles, but were somehow forced to buy them?

    A classic repeating of the line used by the young, inexperienced “digital” writers during the GM bankruptcy proceedings. Most didn’t have a clue.

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    Re: Article States GM Has 1 Million Units Of Excess Production Capacity

    Quote Originally Posted by gkr778 View Post
    Overcapacity is an automotive industry wide problem, as well as a global problem. For those reasons and more, "build where you sell" is not a solution. It's part of the problem.
    Quote Originally Posted by joey View Post
    Simple solution: Build where you sell. Why are we building in Korea and Mexico? GM sells a few hundred a month in each country. The Aussies got wacked, why not S. Korea?
    Korea made "global' cars AND bought global cars OZ wants local only bespoke models and GM would be up SH* creak when the market dumped RWD sedans for CUVS/EVs ETC

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    Re: Article States GM Has 1 Million Units Of Excess Production Capacity

    Same old GM, They’re willing to let Colorado/Canyon 2nd place in sales cede to Ford Ranger because Barra is to cheap to update trucks and advertise them, also the craptacular interiors in the new trucks. Stealing development dollars from your best selling vehicles to pay for electric and autonomous vehicles is a recipe for disaster. Whose gonna buy cheap GM **** when they can go elsewhere for a superior product?

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    Re: Article States GM Has 1 Million Units Of Excess Production Capacity

    Quote Originally Posted by IROCNROL1 View Post
    Whatever happened to the good old days? I remember when GM was basically selling vehicles at a loss. They simply ramped up production to compensate. A simple, yet elegant solution. Well, along with a few other not so nice descriptives.
    Indeed. There's a simple solution to this, as old as the ages themselves. However old that is. If you're selling at a loss, increase sales, you will make it up on volume!

    Quote Originally Posted by gkr778 View Post
    Overcapacity is an automotive industry wide problem, as well as a global problem. For those reasons and more, "build where you sell" is not a solution. It's part of the problem.
    Why not start building windmills in those plants? Windmills and solar panels?

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    Re: Article States GM Has 1 Million Units Of Excess Production Capacity

    Maybe GM should try removing lots of the expensive tech that bumps up the price of the million excess cars, companies Dacia in Europe uses proven old reliable Renault tech (A bit like the Classic RAM that has helped steal the No2 best selling spot in the US offers very much stripped out bare bone basic cars that sell like hotcakes (You can pay extra for some gadgets if you want them, but you are not forced to have ones you dont want) .

    Dacia stock can't keep up with meet the supply & demand in Europe their bare bone cars cheap as peanuts, Dacia Duster SUV hit the No2 sales best spot in Europe last month, Dacia brand had 2 cars in the EU top 10 last month and entered the European top 10 best selling brands for the first time ever last month, it looks like Europeans don't want to pay the extra for expensive gadget ridden cars anymore?


    Bare bones basic Dacia Duster sales surge to No2 spot in Europe in August. LINK
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    Re: Article States GM Has 1 Million Units Of Excess Production Capacity

    Quote Originally Posted by Oldsmobile stopped View Post
    Maybe GM should try removing lots of the expensive tech that bumps up the price of the million excess cars, companies Dacia in Europe uses proven old reliable Renault tech (A bit like the Classic RAM that has helped steal the No2 best selling spot in the US offers very much stripped out bare bone basic cars that sell like hotcakes (You can pay extra for some gadgets if you want them, but you are not forced to have ones you dont want) .

    Dacia stock can't keep up with meet the supply & demand in Europe their bare bone cars cheap as peanuts, Dacia Duster SUV hit the No2 sales best spot in Europe last month, Dacia brand had 2 cars in the EU top 10 last month and entered the European top 10 best selling brands for the first time ever last month, it looks like Europeans don't want to pay the extra for expensive gadget ridden cars anymore?


    Bare bones basic Dacia Duster sales surge to No2 spot in Europe in August. LINK
    Daewoo used to build previous-generation Opel/Vauxhalls and sell them at bargain basement prices - but then GM rebadged them as Chevrolet, increased the prices to mainstream level and the watched as the whole thing crumbled in front of their eyes.

    GM doesn't have an over-capacity issue, it has an inability to design/build vehicles that customers want to buy.

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    Re: Article States GM Has 1 Million Units Of Excess Production Capacity

    Quote Originally Posted by Ruperts Trooper View Post
    Daewoo used to build previous-generation Opel/Vauxhalls and sell them at bargain basement prices - but then GM rebadged them as Chevrolet, increased the prices to mainstream level and the watched as the whole thing crumbled in front of their eyes.

    GM doesn't have an over-capacity issue, it has an inability to design/build vehicles that customers want to buy.
    At least General Motors are no longer losing £20 billions losers Opel Group making cars nobody wants Rupert.

    Agree the South Korean workforce have become very greedy with excessive pay demands have now priced themselves out of work a job losing billions on mainly low quality FWD crap Spark sales in South Korea golf carts with no profit on the roof is bound to be a recipe for disaster if you not making quality cars want that can be sold a premium, nobody in South Korea will pay lots of money for crap FWD cars. GM will pull out of South Korea soon hopefully fed up of seeing North American mainly pick-up profits propping up overseas junk like the huge loss making FWD Spark garbage whilst US autoworker pay struggle as huge chunks thier North American profits they earned worked hard for are sent overseas to prop up billion dollar losers in South Korea, General Motors should not be a charity prop for greedy overpaid South Korean workers.
    Last edited by Oldsmobile stopped; 10-01-2019 at 12:56 PM.
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    Re: Article States GM Has 1 Million Units Of Excess Production Capacity

    Quote Originally Posted by steve333 View Post
    Maybe they can try building vehicles that people want and advertising.
    Mary Barra is clueless
    The quality of the product would not hurt sales either...so much for mantra "No more crappy cars" by certain CEO at helm.

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    Re: Article States GM Has 1 Million Units Of Excess Production Capacity

    Quote Originally Posted by richmond2000 View Post
    Korea made "global' cars AND bought global cars OZ wants local only bespoke models and GM would be up SH* creak when the market dumped RWD sedans for CUVS/EVs ETC
    OZ has nothing local now and has to import cars. The old Trax is for 3rd world markets now. They build them in China for China, and South America for South America. So other then the US and Korea, I don't see much exporting of GM Korea to other countries. The new VSS platform is targeted for the US to stay competitive in the small CUV market. It's not a cheap 3rd World model so build it in Lordstown.

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    Re: Article States GM Has 1 Million Units Of Excess Production Capacity

    Quote Originally Posted by gkr778 View Post
    Overcapacity is an automotive industry wide problem, as well as a global problem. For those reasons and more, "build where you sell" is not a solution. It's part of the problem.
    This story is about excess capacity in the US, if GM didn't import so many cars from other regions, they wouldn't have all this excess capacity, right?...........

    If Korea can't consume all the cars they can make, then close that plant.

    If China can't consume all the cars they can make, then close that plant.

    If Mexico can't consume all the cars they can make, then don't expand that plant.
    - Mexico is a little different, as it is part of NAFTA, and I have no problem with GM/Ford/FCA building cars in Mexico and selling them here, until you start closing all of our plants.

    "build where you sell" isn't the problem, the problem is closing the wrong plants, or not closing the correct plants.


    Quote Originally Posted by 1999 White C5 Coupe View Post
    GM sells millions of vehicles a year - are you implying that the purchasers don’t want the vehicles, but were somehow forced to buy them?

    A classic repeating of the line used by the young, inexperienced “digital” writers during the GM bankruptcy proceedings. Most didn’t have a clue.
    But they could sell a million more if buyers were more compelled to own..............

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    Re: Article States GM Has 1 Million Units Of Excess Production Capacity

    Quote Originally Posted by kool1 View Post
    I'm sure the union knows it.
    Really? They do a good job of denying reality until they can't any longer...

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    Re: Article States GM Has 1 Million Units Of Excess Production Capacity

    GMK exports to almost all the asian countries GM sells in except Communist China.

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