NO ....recessions would have no impact on buying a new corvette.

recessions are good time to spend money.

Im sure those living hand to mouth who get fired at any time would not be buying any type of new car...good or bad economy..

I hear your angst and wish you the best in your search.

The timing of the release is very important, GM has no control over the economy and will focus on what they can control. Unfortunately, they do realize headwinds are ahead & so do many in the ever-changing auto industry. I know GM is adjusting and currently has plans of streamlining the company going into 2019 and beyond. Higher interest rates & tariffs will not only affect the consumers but many corporations that were able to borrow and control cost to keep their business growing. How will this affect the ME or other future projects I don't know. GM had a good 3rd quarter but to understand the source of these profits, one must understand the concept of operating leverage.

Being a capital-intensive business means having a high fixed cost base. A high fixed cost base means owning large factories and expensive equipment, as is true for GM and Ford. Fixed costs are fixed – they accrue whether or not the machines are idle or are working three shifts. When demand for the end product is low, revenues slow to a trickle and are unable to cover the cost of the idled machinery. When demand for the end product is high, a high proportion of each dollar of revenues in excess of the fixed cost line turns to profit. As such, the key to successfully running a high operating leverage business is to make sure that you have plenty of demand for your end product.

Legacy automakers are faced with a real conundrum. The real price of automobiles has more than doubled since the mid-1970s while median worker pay has remained stagnant over the same time. In addition, competition is fierce, and, with the exception of the shape of the hood ornament, products are largely commoditized. To top things off, the average car spends 90% of its time idled – sitting in a parking spot or garage, twiddling its mechanical thumbs until its owner returns. To add insult to injury that asset keeps depreciating on a monthly basis.

The surest ways legacy automakers have found to spur demand in the face of these significant headwinds is by loaning money to clients to buy the cars (“0% interest and no money down!”) or buying the cars themselves and loaning them to clients in return for a lease payment. I consider the customers to be the companies’ joint venture partners in some sense, so the net amount of money loaned to them must be counted as investment spending.

One of my biggest concerns is that consumers and corporations got hooked on a drug I call easy money (LOW INTEREST RATES). which I believe helped grow this economy. Now the Fed wants to keep increasing them at a rate I personally believe is to fast for consumers and corporations to adjust. I get the inflation argument but this is a delicate dance if they act too aggressively we could go into a recession.

Read yesterday: The Fed has already put in place a path that they’re going to be increasing interest rates for the future. They’re talking about a December rate hike, three to four [increases] next year, and potentially more rate hikes in 2020.

If the stock market has a long string of days like today - nobody will be buying new cars in a year. Hard to say where this is all going, but market corrections sometimes foreshadow recessions. A recession in 2019 or 2020 is very possible. It would not be good timing for GM, but they would be in good company.

If the current trade wars wars could be brought to mutually beneficial resolutions, things could turn around pretty quickly. I am not, however, holding my breath, as every country seems to be digging in. We'll see. My C7 could easily run another five years and keep me happy......by then I might be able to get a clean low mileage C8 for under $50K.