GM vs Honda
01-10-2006, 09:06 AM
#3
Huh?
01-10-2006, 09:28 AM
#5
Registered User
Honda makes cars and SUVs and Vans that can sell for a profit.
GM makes cars/trucks/SUVs that costs them ~2K for each one they manage sell. I guess GM got fat on the SUV/Truck market and ate themselves into obesity. They could afford to pay workers NOT to work. They have obviously missed the mark. They make cars like the Aztek, SSR, GTO, Buick SUV (don't even know what it's called), Saturn etc.. It's no wonder they are in the situation they are in. Let alone the pensions and health cars costs the point is they don't make more than a few cars people will go out of their way to buy. corvette, CTS-V etc. and even those they have to discount heavily.
GM makes cars/trucks/SUVs that costs them ~2K for each one they manage sell. I guess GM got fat on the SUV/Truck market and ate themselves into obesity. They could afford to pay workers NOT to work. They have obviously missed the mark. They make cars like the Aztek, SSR, GTO, Buick SUV (don't even know what it's called), Saturn etc.. It's no wonder they are in the situation they are in. Let alone the pensions and health cars costs the point is they don't make more than a few cars people will go out of their way to buy. corvette, CTS-V etc. and even those they have to discount heavily.
01-10-2006, 09:42 AM
#6
That loss per vehicle is a bunch of bullshit. No one actually knows outside of GM what the profit per vehicle is -- but they still claim they are making a profit on every vehicle sold, discount or not.
[I]In 2001, the study found, the per-vehicle profit wa s
about $9,500. To d ay, thanks mostly to big discounts, the
margin on such vehicles is about $6,300. On midsize
S U Vs, such as the Ford Explorer and Chevrolet Trail-
B l a z e r, margins are down even more steeply, to $4,100
from $7,200.
With the decline in SUV profits, GM and Fo r d
[I]In 2001, the study found, the per-vehicle profit wa s
about $9,500. To d ay, thanks mostly to big discounts, the
margin on such vehicles is about $6,300. On midsize
S U Vs, such as the Ford Explorer and Chevrolet Trail-
B l a z e r, margins are down even more steeply, to $4,100
from $7,200.
With the decline in SUV profits, GM and Fo r d
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01-10-2006, 09:51 AM
#8
[QUOTE=steve c,Jan 10 2006, 01:42 PM] That loss per vehicle is a bunch of bullshit. No one actually knows outside of GM what the profit per vehicle is -- but they still claim they are making a profit on every vehicle sold, discount or not.
[I]In 2001, the study found, the per-vehicle profit wa s
about $9,500. To d ay, thanks mostly to big discounts, the
margin on such vehicles is about $6,300. On midsize
S U Vs, such as the Ford Explorer and Chevrolet Trail-
B l a z e r, margins are down even more steeply, to $4,100
from $7,200.
With the decline in SUV profits, GM and Fo r d
[I]In 2001, the study found, the per-vehicle profit wa s
about $9,500. To d ay, thanks mostly to big discounts, the
margin on such vehicles is about $6,300. On midsize
S U Vs, such as the Ford Explorer and Chevrolet Trail-
B l a z e r, margins are down even more steeply, to $4,100
from $7,200.
With the decline in SUV profits, GM and Fo r d
01-10-2006, 10:48 AM
#10
Originally Posted by rai,Jan 10 2006, 11:25 AM
Steve how can you sell cars/trucks at a profit to loose $4B?
You guys need to quit trying to be accountants when you don't know what you're talking about. I'm not referring specifically to you, Rai.