$169,900, final price confirmed
11-29-2018, 07:01 PM
#1121
Race Director
Pretty funny for Porsche fans when a $200K 911 GT3 with no stereo, no AC, fabric straps instead of interior door handles, and stickers instead of metal badges, barely ties a lesser-HP 92K Corvette Grand Sport fully loaded with all amenities. That had to hurt!
Last edited by pdiddy972; 11-29-2018 at 07:01 PM.
11-29-2018, 07:03 PM
#1122
Race Director
BGA, since it's reconfiguration, is now at 33,00 units per year capacity. I don't know if the 27% number is based on 33,000 units per year or the old standard of 40,000+ per year.
And to suggest that Mary Barra is OK with ANY plant running below capacity is just plain stupid. And ASKING the question in an attempt to act like the smartest guy in the room is even MORE stupid.
Oh yeah, a $170K C8 will assure the plant won't SNIFF 33,000 units a year.
And to suggest that Mary Barra is OK with ANY plant running below capacity is just plain stupid. And ASKING the question in an attempt to act like the smartest guy in the room is even MORE stupid.
Oh yeah, a $170K C8 will assure the plant won't SNIFF 33,000 units a year.
Last edited by jimmyb; 11-29-2018 at 07:10 PM.
11-29-2018, 07:06 PM
#1123
Race Director
He's assuming incorrectly that the factories that got shutdown were done due to the volume of what they produced instead of the fact that what they were dedicated to produce didn't sell.
11-29-2018, 07:13 PM
#1124
Race Director
BGA, since it's reconfiguration, is now at 33,00 units per year capacity. I don't know if the 27% number is based on 33,000 units per year or the old standard of 40,000+ per year.
And to suggest that Mary Barra is OK with ANY plant running below capacity is just plain stupid. And ASKING the question in an attempt to act like the smartest guy in the room is even MORE stupid.
And to suggest that Mary Barra is OK with ANY plant running below capacity is just plain stupid. And ASKING the question in an attempt to act like the smartest guy in the room is even MORE stupid.
Last edited by Tom73; 11-29-2018 at 07:14 PM. Reason: spelling
11-29-2018, 07:19 PM
#1125
Race Director
What is “full production”? I have not seen any one define what we are talking about. Sounds like full could be defined as three shifts a day, seven days a week. That would be the absolute maximum that could be produced in that plant. The Corvette will never sell that many cars. Anyway, Chevy makes money on every Corvette it builds. So I think they are doing okay.
Now, I don't know what constitutes "full capacity", Kai Spande threw out 33,000 back at the April 2018 bash.
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Maxie2U (11-30-2018)
11-29-2018, 07:24 PM
#1126
Melting Slicks
If you amortize the engineering development cost and the capex for the plant and equipment over each car produced, the profit must be very thin. Certainly not as easy money as making Silverados.
11-29-2018, 07:30 PM
#1127
16 Vettes and counting…..
Of course they don't, you idiot. That's why your assertion that the C8 will jump way up in cost and therefore no longer sell the 30K plus units a year is completely ridiculous. You made yourself look the bonehead you are.
11-29-2018, 08:32 PM
#1128
Race Director
11-29-2018, 08:52 PM
#1129
Racer
well, sales of corvettes are down over 20% this year, so thats never great. Might just be the life cycle of sales for a c-series, or more likely I think its the US economy starting to tank some, anyway interesting article below, and it seems gmauthority seems to think the c7 will be sold alongside the new ME. So who knows, I guess we will see.
http://gmauthority.com/blog/2018/11/...-quarter-2018/
http://gmauthority.com/blog/2018/11/...-quarter-2018/
11-30-2018, 12:31 AM
#1130
Le Mans Master
11-30-2018, 12:38 AM
#1131
Race Director
^^^^^
Maybe the same place $169,900 came from?
Maybe the same place $169,900 came from?
11-30-2018, 06:42 AM
#1132
E-Ray, 3LZ, ZER, LIFT
Member Since: Sep 2007
Location: NE South Carolina
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Tadge said before the C7 was launched that it had to succeed or it would be the end of the Corvette! That was because after I bought my 2008 C6 annual sales dropped to under ~15,000/year for 5 years! Believe 30 to 35,000/year is what GM considers a good volume for their target market.
Some of these folks who think GM is going after Porsche overseas, going to have the C8 entry price >$150,000 or selling 100,000 units have no idea of the market or business! In addition I see a number of comments that show they have no idea why Gucci can sell $2500 handbags or why Walmart isn't their outlet!
GM is no doubt much smarter ALTHOUGH they have also been wrong predicting the future market before!
This is annual production data:
C7 sales in 2017 = 22,801
C7 sales in 2016 = 40,689
C7 sales in 2015 = 34,240
C6/C7 sales in 2014 = 37,288
C6 sales in 2013 = 13,466
C6 sales in 2012 = 11,647
C6 sales in 2011 = 13,596
C6 sales in 2010 = 12,194
C6 sales in 2009 = 16,956
C6 sales in 2008 = 35,310
C6 sales in 2007 = 40,561
C6 sales in 2006= 34,021
C5/C6 sales in 2005 = 37,372
C5 sales in 2004= 34,064
C5 sales in 2003 = 35,469
Tadge said before the C7 was launched that it had to succeed or it would be the end of the Corvette! That was because after I bought my 2008 C6 annual sales dropped to under ~15,000/year for 5 years! Believe 30 to 35,000/year is what GM considers a good volume for their target market.Some of these folks who think GM is going after Porsche overseas, going to have the C8 entry price >$150,000 or selling 100,000 units have no idea of the market or business! In addition I see a number of comments that show they have no idea why Gucci can sell $2500 handbags or why Walmart isn't their outlet!
GM is no doubt much smarter ALTHOUGH they have also been wrong predicting the future market before!
This is annual production data:
C7 sales in 2017 = 22,801
C7 sales in 2016 = 40,689
C7 sales in 2015 = 34,240
C6/C7 sales in 2014 = 37,288
C6 sales in 2013 = 13,466
C6 sales in 2012 = 11,647
C6 sales in 2011 = 13,596
C6 sales in 2010 = 12,194
C6 sales in 2009 = 16,956
C6 sales in 2008 = 35,310
C6 sales in 2007 = 40,561
C6 sales in 2006= 34,021
C5/C6 sales in 2005 = 37,372
C5 sales in 2004= 34,064
C5 sales in 2003 = 35,469
Last edited by JerryU; 11-30-2018 at 09:17 AM.
11-30-2018, 10:36 AM
#1134
E-Ray, 3LZ, ZER, LIFT
Member Since: Sep 2007
Location: NE South Carolina
Posts: 29,485
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^^^
Yep, Marry Barra says all sedans MUST get 40+mpg, or out!
Not a big fan of current Camaros so don't follow available variants.
Just gave you the data for Vette sales. Back in 1974 when I bought a 260Z instead of a Vette because they were hard to get and only had 270 hp with a 454 cid engine, they sold 37,000. My first Vette was an 1988 and they only sold 30,000 that year. Sales of 30,000 C8s will be just fine at prices similar to C7. We'll see!
Yep, Marry Barra says all sedans MUST get 40+mpg, or out!
Not a big fan of current Camaros so don't follow available variants.
Just gave you the data for Vette sales. Back in 1974 when I bought a 260Z instead of a Vette because they were hard to get and only had 270 hp with a 454 cid engine, they sold 37,000. My first Vette was an 1988 and they only sold 30,000 that year. Sales of 30,000 C8s will be just fine at prices similar to C7. We'll see!
Last edited by JerryU; 11-30-2018 at 10:39 AM.
11-30-2018, 10:52 AM
#1136
The Consigliere
Member Since: May 2006
Location: 2023 Z06 & 2010 ZR1
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The only thing factual I've seen from GM on BGA's production capacity post-investment/renovation have been the plant manager Kai Spande's recent comments that BGA post-reconfiguration is set up to produce 33,000 units at max firewall overtime, in order to right size production to demand over the life of the gen.
11-30-2018, 10:58 AM
#1137
Race Director
Ferrari only sold 8400 cars last year. . .and that's among their entire line of vehicles . .Obviously, Ferrari is going to shut it's doors any day now. . .
Last edited by RandomTask; 11-30-2018 at 10:58 AM.
11-30-2018, 12:01 PM
#1140
Race Director
The only thing factual I've seen from GM on BGA's production capacity post-investment/renovation have been the plant manager Kai Spande's recent comments that BGA post-reconfiguration is set up to produce 33,000 units at max firewall overtime, in order to right size production to demand over the life of the gen.
Last edited by jimmyb; 11-30-2018 at 12:02 PM.