Berkeley CSUA MOTD:Entry 40404
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2024/11/23 [General] UID:1000 Activity:popular
11/23   

2005/11/2-4 [Transportation/Car/RoadHogs] UID:40404 Activity:nil
11/2    http://tinyurl.com/dlcu5
        SUV sales in free fall.  w00t!!
        \_ "Detroit relies on SUVs for about half its unit sales, a much higher
            percentage than foreign automakers." Stupid fucking moron assholes.
            The penalty for idiocy *should* be failure.  Too bad the assembly
            line workers have to pay the price for the fucktards who run the
            Detroit auto companies.
                \_ Detroit still hasn't figured out how to make a dime on a
                   passenger car, SUVs were their lifeline.
                   \_ They simply didn't try. I feel nothing but contempt
                      for companies who in the presence of a strong competitor
                      move to a different market segment to avoid the
                      competition. Such companies keep being driven out of all
                      profitable market segments until they have nothing left
                      (witness how Detroit's SUVs are still mostly truck based
                      while Japanese and Europeans have plenty of newer
                      car-based and cross-over SUV models which seem to become
                      more popular). A cure to their problem is to spend more
                      money on R&D of new models instead of hoping that 10 year
                      old gimmicks like Chevy Cavalier will continue selling.
                      Detroit seems to have had learned its lesson though I am
                      not sure whether that'll be sufficient for them to
                      maintain their market leadership position at this point.
                      \_ I dunno. Saturn, for instance, defies this idea.
                         Remember, too, that makes like Jaguar, Land
                         Rover, Saab, and Volvo are also 'American' now.
                         Cadillac also has been reinventing cars, as has
                         Chrysler (which is not American now, I know).
                         \_ Saturn is just one GM brand and I am not sure
                            how it defies that idea. I still see a lot more
                            Hondas, Toyatas, VWs, and whatnot on the streets
                            compared to Saturn. Yes, my understanding is that
                            foreign aquisitions might help with certain areas
                            of expertize. Some of Ford's platforms rely on
                            Mazda designs and GM designated its German Opel as
                            the division responsible for designing car
                            platforms. M-B might have had a hand in the success
                            of the Chrysler 300C.
                            \_ You said they didn't try. They did try. They've
                               failed, but they've tried. It's not like they
                               are rolling out the same old cars. Look at,
                               for instance, Ford's new Mustang and T-bird.
                               No one is buying them, but Ford is trying. If
                               anything, it's been Honda and Toyota rolling out
                               similar Accords and Camrys for years now and
                               dumping cool cars like Prelude. I think
                               it's reputation for reliability rather than
                               R&D on new models.
                               \_ Actually, Mustang is supposedly selling well.
                                  It's now the most sold sports car in the US.
                                  The new T-Bird looked pretty slick but it's a
                                  little on the expensive side. Maybe that's
                                  why it's on the way out.
                                  \_ The Mustangs certainly are everywhere. And
                                     I think the T-Birds were really only bought
                                     by people who had one or wanted one back in
                                     the '50s and were after that nostalgia
                                     factor. Actually, the new Mustangs take
                                     advantage of nostalgia in their styling as
                                     well. -gm
                         \_ I am not sure how Saturn is just one GM brand
                            and I am not sure how defies that idea. I still
                            see a lot more Hondas, Toyatas, VWs, and whatnot
                            on the streets compared to Saturn. Yes, my
                            understanding is that foreign aquisitions might
                            help with certain areas of expertize. Some of
                            Ford's platforms rely on Mazda designs and GM
                            designated its German Opel as the division
                            responsible for designing car platforms. M-B
                            might have had a hand in the success of the Chrysler
                            300C.
2024/11/23 [General] UID:1000 Activity:popular
11/23   

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Cache (1597 bytes)
tinyurl.com/dlcu5 -> www.forbes.com/markets/2005/11/02/autos-suvs-sales-1102markets07.html?partner=yahootix
Detroit relies on SU Vs for about half its unit sales, a much higher percentage than foreign automakers. Analysts are dubious that the picture will brighten before the year is ou t, especially if gas prices remain high. That could sock GM's new GMT900 SUV with the same problems as the Tahoe, Yukon and Suburban SUVs, which together saw sales plummet 50% last month from September. "If consumers' desire for large SUVs does not snap back, GM will be launc hing its new full size SUVs into an unwelcoming market," Merrill Lynch a uto analyst John Casesa said in a research report. Ford suffered a 23% sales decline despite strong performances from its Mu stang sports car and Five Hundred sedan. Combined sales of its tradition ally popular SUVs, the Explorer, Expedition and Excursion, dropped 55% f rom October 2004. people ), meanwhile, mana ged to buck the trend by squeezing out a 09% October sales gain on the back of a strong month of fleet sales to rental companies and a 24% boos t for its popular 300 series sedan. Casesa said profitability at GM and Ford will likely suffer for the rest of the quarter as the companies struggle to move inventory built up duri ng the summer's discount-driven selling bonanza. "Inventory levels will likely climb back above historical levels by year- end unless GM and Ford cut production later in the quarter," he said. Stock quotes are delayed at least 15 minutes for Nasdaq, at least 20 minu tes for NYSE/AMEX US indexes are delayed at least 15 minutes with the exception of Nasdaq, Dow Jones Industrial Average and S&P 500 which are 2 minutes delayed.