What this article doesn’t mention is that GM is pulling out of Australia entirely.
What this article doesn’t mention is that GM is pulling out of Australia entirely.
I think at this point, they’re just trying to figure out how to maximize product and minimize costs. Part of minimizing costs is most likely creating global vehicles and very low complexity between them (low number of options/configurations). Although SE Asia has a high growth opportunity, I think they’re still buying…
I guess you might have to acknowledge that this withering is a bit different than previous times.
You could say in recent years... they were Holden on for dear life.
Let’s be clear, the David Tracy EV Concept would look much different than this, and would certainly be the first in it’s class to come pre-rusted.
The real metric should be Value of Vehicle vs How much is owed.
Yeah I goofed. The good news is that the auto loan industry is no where near as far reaching as the mortgage industry. So it’s not like the world economy would collapse if something were to happen.
Almost all auto loans are underwater for a while, and that’s not really an issue. It’s an issue for the consumer when they trade in or sell that underwater vehicle and they still owe money even after it’s sold.
Fully agree. But I guess the question as to whether they are “good” or “bad” for the general populus as a whole is how many of these consumers are “good consumers” and how many are “bad” consumers. Which is something that is rally hard to answer.
I don’t think you realize the levels some people go to organize their trunks. Especially in the pickup/jeep world. Expect to see drawers, and many others that slide out. So if you’re concerned with only cars, you might want to exclude the trucks/SUVs.
What a colossal waste of resources. But I get it, it’s most likely expensive to produce relative to other options and can only fit in so many of Cadillac’s models. And really, with Cadillac’s new EV focus, there is really no future for it in the lineup.
I think if anything it may be pointing to the fact that manufacturers have priced their cars too high, or are at least approaching that threshold as they shed customers in the pursuit of profits. At some point the the steady rise in transaction price over the years will start to affect profit as well as volume and…
From what I understand it was retirement buy-outs.
I was getting excited for the first ever Afternoon shift, but this will do.
Fun fact: You also can’t sell what nobody is buying.
But think of how fun rotary dials are! If we keep buying them, they won’t go away! Do your part!
I think if you look at the actual sales numbers for sports cars, manuals are still chosen significantly less than the auto’s.
As someone also in Troy (down the street from David, actually), I too often jump to similar conclusions perhaps too quickly. Fortunately, I’m sure there are suitable mechanics in DC.
Even with the Porsche being marginally faster and a vastly superior interior. It doesn’t take $85k to make a nice interior.....
Unfortunately reintroducing cars would be a great way to cut profits.