Corvette possibly in danger?
#61
Le Mans Master
Exactly, and what he's not getting is that the Genovation GXE Corvette is a bespoke EV super/hyper car with very low production #s. Pricing (at $750k, not $300k) is not out of line with other bespoke/very low production super/hyper cars, and this one is quite unique (an engineering marvel).
Btw, it exceeds 220mph ("The World’s First Street Legal Electric Car to Exceed 220mph"):
https://genovationcars.com/
Btw, it exceeds 220mph ("The World’s First Street Legal Electric Car to Exceed 220mph"):
https://genovationcars.com/
#62
Le Mans Master
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2020 C8 of the Year Finalist - Unmodified
GM, and all the U.S. automakers are probably just like many, many others in today's climate, are ... "Nervous" as heck about what each day may bring with the current administration in Washington D.C.!!! An economy that more and more looks ripe for a burst and meltdown, with a flat-out maniacal, impulsive leader at the helm, ...cannot inspire a lot of future confidence! Dropping all your family sedans, ... and cutting 6,000 jobs, ... just to turn around and flaunt a new low volume supercar, is pretty bad optics in my mind! ... ME hasn't been seen or heard from since Labor Day! ... hmmm?
Not me saying it -- GM saying it.
Its abandoning gas powered cars and plans to put 20 electric vehicles into the US market by 2023. It is also away behind the curve when it comes to the new trend of Crossover vehicles. To get back on track takes money and it takes manpower (aka resources). Its going to take their best engineers, planners, factory managers, and marketeers to do it. And those who are not needed are not needed.
That does not sound to me like it's the fault or decision making of anyone in Washington to me. That sounds like GM is trying to respond to consumer demand.
If GM is nervous about anything, its that they have acted like an ostrich while their competitors have had their eyes wide open.
If I believe what you are saying, GM would be cutting back on investments and new products. But instead they are going full throttle.
Why would a company go "full throttle" if they were uncertain in the future?
The answer: They wouldn't.
Last edited by Sin City; 11-27-2018 at 12:12 PM.
#63
I'd love a Corvette "SUV" as a daily.
#64
Melting Slicks
#65
Le Mans Master
If VW can build one, no reason why Chevy cannot: https://www.caranddriver.com/lamborghini/urus
Last edited by Supersonic 427; 11-27-2018 at 01:34 PM.
#66
C8 is not canceled. I posted on this forum multiple times the streamlining announcement is coming before the end of the year. SUV & Trucks are the money makers Not cars and some Dopey Halo car we would all love to see GM make. That is too risky and expensive at very low volume numbers that it would make a very small dent in their profits while alienating their base that took 50 + years to build, Halo cars are fine with a company like Mclaren and Ferrari, but for GM its suicide. Look at Ford and how much trouble they are in WOW that Ford GT made a big impact.:crazy on their total profits2:
#67
If VW can build one, no reason why Chevy cannot: https://www.caranddriver.com/lamborghini/urus
Why do you have such a hard time understanding the difference between a "brand" and a "model?" Chevrolet is the brand in this case and builds boatloads of SUVs.
#68
Burning Brakes
I wouldn't mind a Corvette SUV that rides on the Alpha II platform. It'd go a long way in funding future GM Performance research, development, and production. It would also boost brand image and could be used to get Lansing up to production capacity if built there.
#70
If the top of the line Corvette will go for $150k, why not spend $50k more for the Tesla?
If VW can build one, no reason why Chevy cannot: https://www.caranddriver.com/lamborghini/urus
https://www.jeep.com/2018/grand-cher...rformance.html
#71
Banned Scam/Spammer
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Corvette very well may be its own brand soon- GM has been moving in that direction for years with removing Chevy (read: cheap car brand) badging from Corvettes. Once Corvette becomes its own brand there may be several models of Corvette. It makes sense because "Chevy" cheapens the cachet of the Corvette branding.
Last edited by ArmchairArchitect; 11-27-2018 at 02:32 PM.
#72
Le Mans Master
Corvette very well may be its own brand soon- GM has been moving in that direction for years with removing Chevy (read: cheap car brand) badging from Corvettes. Once Corvette becomes its own brand there may be several models of Corvette. It makes sense because "Chevy" cheapens the cachet of the Corvette branding.
#74
Agree, the chatter about Corvette soon to become it's own brand has been "imminent" for at least 2 decades now. It simply is NOT going to happen. GM went through the process of eliminating "brands," over the past decade, and at this time of industry restructuring and transition to an uncertain future, the last thing they're going to do is spin off another brand.
#75
Le Mans Master
I am not saying that...I am saying Chevrolet makes several SUV models and Corvette is their MODEL of sports car! Chevrolet's are built as price leader cars and trucks that compete with comparably priced brands!
Last edited by Supersonic 427; 11-27-2018 at 03:07 PM.
#76
And Cadillac is supposed to be the designated GM player in the luxury/performance SUV space. GM made the mistake of cannibalizing itself w/ too many competing brand models, and finally eliminated many of them, recognizing it was a failed strategy. They're not going to spin off another brand player to start the cannibalization process all over again.
#77
Pro
Ummm..I think you are not reading what GM says its doing.
Not me saying it -- GM saying it.
Its abandoning gas powered cars and plans to put 20 electric vehicles into the US market by 2023. It is also away behind the curve when it comes to the new trend of Crossover vehicles. To get back on track takes money and it takes manpower (aka resources). Its going to take their best engineers, planners, factory managers, and marketeers to do it. And those who are not needed are not needed.
That does not sound to me like it's the fault or decision making of anyone in Washington to me. That sounds like GM is trying to respond to consumer demand.
If GM is nervous about anything, its that they have acted like an ostrich while their competitors have had their eyes wide open.
If I believe what you are saying, GM would be cutting back on investments and new products. But instead they are going full throttle.
Why would a company go "full throttle" if they were uncertain in the future?
The answer: They wouldn't.
Not me saying it -- GM saying it.
Its abandoning gas powered cars and plans to put 20 electric vehicles into the US market by 2023. It is also away behind the curve when it comes to the new trend of Crossover vehicles. To get back on track takes money and it takes manpower (aka resources). Its going to take their best engineers, planners, factory managers, and marketeers to do it. And those who are not needed are not needed.
That does not sound to me like it's the fault or decision making of anyone in Washington to me. That sounds like GM is trying to respond to consumer demand.
If GM is nervous about anything, its that they have acted like an ostrich while their competitors have had their eyes wide open.
If I believe what you are saying, GM would be cutting back on investments and new products. But instead they are going full throttle.
Why would a company go "full throttle" if they were uncertain in the future?
The answer: They wouldn't.
#78
Le Mans Master
Uh, .. If the current administration, and the economy has nothing to do with it, then why didn't GM just reassign and position those 14,000 jobs, instead of eliminating them? If buyers are simply buying Traverse's instead of Impalas, they still are buying and workers are still needed, right?
At the end of the day the company still needs to make money and if you aren't doing that you end with another bailout scenario. Like was said, this was coming for quite a while.
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Shaka (11-28-2018)
#79
Burning Brakes
GM is going where the market is going, BUT the market is schizophrenic as hell. People want Crossovers and SUV's with big power and lots of features.....but government regulators want electric cars with no emissions. Hence the $7500 first electric car buyer subsidy, and the mfg. subsidy for the first 200,000 electric cars produced. The big question is what happens to the electric car marketplace when the subsidies expire ? No one really knows. My guess is the electric car market will go the way of the Cruze.....20,000-50,000 units a year as a niche.
The other problem for electric cars is infrastructure. The Grid is just the start - who is going to put in all the supercharger stations required for 17 million cars ?? The tab of that bill is in $$$$B's and no private concern, whether GM, Ford or PG$L has the investment power to do it. I am not a believer in electric cars really catching on anytime soon unless and until there is a BIG public investment to make it happen. The third problem is batteries - the rare earth metals required to make them in the quantities required are getting more and more RARE. As a result the price of a Tesla battery is HIGHER today than it was four years ago. The learning curve slope is going in the wrong direction.
Does anyone REALLY think THIS government is equipped to make the required electric car infrastructure happen anytime soon ? I don't - these guys can't find their a$$ with both hands !! Hopefully GM hedges their bet with some efficient front IC-engine powered sedans and crossovers when this whole electric car technicolor dream melts down like icing on a cake in the rain.
The other problem for electric cars is infrastructure. The Grid is just the start - who is going to put in all the supercharger stations required for 17 million cars ?? The tab of that bill is in $$$$B's and no private concern, whether GM, Ford or PG$L has the investment power to do it. I am not a believer in electric cars really catching on anytime soon unless and until there is a BIG public investment to make it happen. The third problem is batteries - the rare earth metals required to make them in the quantities required are getting more and more RARE. As a result the price of a Tesla battery is HIGHER today than it was four years ago. The learning curve slope is going in the wrong direction.
Does anyone REALLY think THIS government is equipped to make the required electric car infrastructure happen anytime soon ? I don't - these guys can't find their a$$ with both hands !! Hopefully GM hedges their bet with some efficient front IC-engine powered sedans and crossovers when this whole electric car technicolor dream melts down like icing on a cake in the rain.
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purple heart (12-03-2018)
#80
This move by Mary Barra is going to have a big blowback - already word that the closure locations were selected based on politics. They are going to alienate half the voting block in the US to not buy other GM vehicles now.
On the electrics - people who want electric cars - want a Tesla. It has the "chic", no matter how many issues the cars have, people are buying them to be socially conscious and they want to own "the name". The other makers coming forward with electrics are going to be surprised to see that there is little market for them apart from Tesla.
On the electrics - people who want electric cars - want a Tesla. It has the "chic", no matter how many issues the cars have, people are buying them to be socially conscious and they want to own "the name". The other makers coming forward with electrics are going to be surprised to see that there is little market for them apart from Tesla.
Last edited by nyca; 11-27-2018 at 06:48 PM.