JDSKY

Noted. I will make sure to consult you first before I purchase the next one.

PCMIII

Lordstown was operating at 31% and BGA is 27%. Do the math.

jimmyb

Number 1...no one knows (not even you) how MUCH faster the 992 will be than the outgoing car. As far as track times, for it to "eat" a C7 GS for breakfast, it's going to have to be FASTER than the NEW GT3 (which is ONE TENTH of a second faster than the C7 GS in Car and Driver LIghtning Lap). Knowing Porsche, I seriously doubt that the base 992 is going to be faster than the NEW GT3.
And then we have the 800 pound gorilla, the C8, probably less than a year away...

Sub Driver

That means nothing. Answer the question - who said that production needs to triple or it will get shutdown? Again, why do people just make this b.s. up?

VETTE-NV

There are a few idiots here who just make **** up either because they need attention or get some satisfaction in stirring things up. The OP for example. Complete fabrication and bullshit, but hey, if it's on the internet, it must be true, right? Fake news.

PCMIII

3x27%=71% That is the minimum operating rate for a factory to be profitable. Ideally, BGA would run 100% of capacity.
Running a business requires profits as GM learned the hard way in 2009. Corvette cannot get by on its halo status and it has almost been killed off several times in the past.

Why is it BS to you that a factory has to operate at a minimum rate or be closed? The facts are obvious that you make a profit or they close you down. GM is not a charity.

VETTE-NV

You have absolutely no idea what GM's future plans for the BG factory are. Whether or not it's operating at 27% capacity now (if that's even true) may have nothing to to with future planned products and exactly how the facility will be used in either the near or distant future. But don't let any common sense, facts, or lack of knowledge get in your way......just continue to make up **** and look like complete idiot on this forum. You do that very well.

mre1974

Last time I did basic multiplication 3x27%=81% NOT 71%. Carry on.

PCMIII

Yup, my bad. 80% is actually considered normal for assembly plants while 70% is the minimum. Some GM plants are running more than 100%

“GM’s full-size truck plants continued to run at more than 100-percent, two-shift capacity to meet demand and maintain inventory for current-generation pickups during the transition to all-new full-size pickups”, General Motors stated during its second quarter earnings call.
http://gmauthority.com/blog/2018/08/...#ixzz5YHjpgKK0

Sub Driver

So I will ask one last time and maybe I will get an answer. Who said it must operate at 3 times the capacity or it will get shut down? This isn't that hard, unless you are a simpleton. Now that you brought it up, can you show me where all GM plants must operate above 80% to be profitable. GM made about 2.5 billion last quarter with all of these plants operating well below this target so explain how that works out. If you cannot answer these simple direct questions just don't reply. I am not interested in some type of deflection or opinion that will just prove your ignorance on this topic.

PCMIII

CNBC:
"With U.S. car sales lagging, several car plants have fallen to just one shift, including its Hamtramck and Lordstown, assembly plant.

A rule of thumb for the automotive industry is that if a plant is running below 80 percent of production capacity, it is losing money. GM has several plants running well below that."

If you think Mary Barra and the GM BoD is fine with BGA operating at 27% of capacity, then show me your source. I seriously doubt that GM is happy to lose money at BGA, but prove me wrong.

Sub Driver

You made the claim and cannot back it up...got it. In the future if you don't want to look like a complete fool do not make a statement you cannot back up. You cannot prove BGA is going to get shut down if it doesn't triple production. You lose credibility and just look foolish when you get called out on something you say and then cannot prove it. Great job, this was easy.

Rapid Fred

The reason it is at 27% of capacity is that they are making and selling VERY few right now. What do you think BG capacity as newly configured will be? If it is even as high as 40K/yr, a new ME starting at $60K should sell at least 30K (75% capacity) for the next few years (i.e. roughly tripling production), which I think completely invalidates your assertion.

Help me here, PCMIII

PCMIII

I appreciate that you can't read and understand English. Maybe you can go back and get your GED.

Rapid Fred

How old are you, and what's your last grade of schooling completed? Seriously...

PCMIII

CNBC:
"With U.S. car sales lagging, several car plants have fallen to just one shift, including its Hamtramck and Lordstown, assembly plant.

A rule of thumb for the automotive industry is that if a plant is running below 80 percent of production capacity, it is losing money. GM has several plants running well below that."

75% is not going to cut it either. GM is not going to lose money long term on any plant. The auto biz is brutal and there are no sacred cows anymore. This is not a game.

Sub Driver

You have proven you don't know what you are talking about. I asked you to show me where BGA will get shut down if it doesn't triple production. You provided no proof at all. You are a complete joke and everyone responding to you knows it. Nice try but you are just digging your hole deeper. Either put up or shut up.

PCMIII

j.d.

Apocolipse

Gm should have stayed bankrupt.

PCMIII

Look, I don't need your approval on anything. If you don't like what I have to say, don't read it, simple. You are living in a fantasy land where profits don't matter and GM builds cars for fun. Sorry dude, that ain't the way it works in the real world.