CORVETTE PLANT IS SAFE - says Corvette Mike Vietro
12-03-2018, 06:42 PM
#62
Le Mans Master
Member Since: Sep 2012
Location: Hagerstown MD
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St. Jude Donor '15-'16,'18
[QUOTE=Jeff V.;1598438471]Good. I hope she asks why the champions of capitalism and small government and free markets are trying to dictate how the company is run./QUOTE]
Why does Congress think they have a right to question any CEO about a decision they made in the performance of their duties? This is government meddling. I could understand it if GM still owed the government money but they repaid their loan, at least that is my understanding. Ms. Barra is doing what she thinks is the right thing to do for the company and its stockholders. If her board disagrees they should take appropriate action. Otherwise, Congress needs to butt out IMHO.
Why does Congress think they have a right to question any CEO about a decision they made in the performance of their duties? This is government meddling. I could understand it if GM still owed the government money but they repaid their loan, at least that is my understanding. Ms. Barra is doing what she thinks is the right thing to do for the company and its stockholders. If her board disagrees they should take appropriate action. Otherwise, Congress needs to butt out IMHO.
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Boiler_81 (12-04-2018)
12-03-2018, 06:47 PM
#63
Banned Scam/Spammer
Back in 2009, BGA was much smaller and 30,000 units was much closer to plant capacity. Corvette was profitable looking at the cost of building each car, not looking at the amortization cost of the expanded BGA and the engineering development cost of the ME. By 2009, the development cost of the C6 from the similar C5, was amortized.
The 74K comes from the rated capacity that LMC Automotive gave to GM's continuing assembly plants, three of which, like BGA, are operating at less than 50% capacity. In order to be profitable, the plant must operate at 80% of capacity. GM has a plan, I'm sure, to make BGA operate at more than 80% capacity which would be at least 60K units produced per year. The ME alone is never going to do those numbers.
The 74K comes from the rated capacity that LMC Automotive gave to GM's continuing assembly plants, three of which, like BGA, are operating at less than 50% capacity. In order to be profitable, the plant must operate at 80% of capacity. GM has a plan, I'm sure, to make BGA operate at more than 80% capacity which would be at least 60K units produced per year. The ME alone is never going to do those numbers.
https://www.thetruthaboutcars.com/20...rofits-for-gm/
12-03-2018, 07:31 PM
#64
Le Mans Master
Originally Posted by Foosh
No, that's not the current BGA production capacity in the new plant. There you go again citing bogus numbers from a nondescript consultant. GM is making money on the C7 now even at the current reduced production rate due to diminished demand for the C7.
12-03-2018, 08:20 PM
#65
Melting Slicks
The square footage of the Bowling Green plant before the new addition was 950,000 square feet. The new plant including the old plant is over 3,000,000 sq ft..
Using the Google Earth Ruler Line Measurement function the concrete foundation on the main section of the new addition is 460 feet wide by 1,000 feet long for a total square footage of 460,000 square feet per level. The photo of the foundation clearly shows the approximately 30 foot high foundation wall allowing 2 tall lower levels with the two above ground levels above it for a total of 4 levels. There is an additional 2 levels at 342,380 square feet per level at the rest of the new addition that is indicated as the Manifold Building.
950,000 Original Plant square footage
1,840,000 Main Section at new plant square footage
684,760 Manifold Section of new plant square footage
3,474,760 Total Square Footage Maximum Projection
The true overall walkable square footage will be calculated when we know where openings in each level are located at. There are elevator locations throughout the 4 level main building that reduces sq. ft. from the maximum number. There are areas within the Manifold building that could also have elevator locations within that section.
Using the Google Earth Ruler Line Measurement function the concrete foundation on the main section of the new addition is 460 feet wide by 1,000 feet long for a total square footage of 460,000 square feet per level. The photo of the foundation clearly shows the approximately 30 foot high foundation wall allowing 2 tall lower levels with the two above ground levels above it for a total of 4 levels. There is an additional 2 levels at 342,380 square feet per level at the rest of the new addition that is indicated as the Manifold Building.
950,000 Original Plant square footage
1,840,000 Main Section at new plant square footage
684,760 Manifold Section of new plant square footage
3,474,760 Total Square Footage Maximum Projection
The true overall walkable square footage will be calculated when we know where openings in each level are located at. There are elevator locations throughout the 4 level main building that reduces sq. ft. from the maximum number. There are areas within the Manifold building that could also have elevator locations within that section.
Last edited by skank; 12-04-2018 at 09:11 AM.
12-03-2018, 09:20 PM
#67
Melting Slicks
There are some here that continue to spew nonsense about the overall sq. footage as 1,000,000 sq. ft. There's a massive amount of sq. footage now that would allow other models to be built. Both C8 FE and C8 ME ZORA going forward. That is logic.
Last edited by skank; 12-03-2018 at 09:23 PM.
12-03-2018, 09:34 PM
#68
Le Mans Master
Originally Posted by skank
There are some here that continue to spew nonsense about the overall sq. footage as 1,000,000 sq. ft. There's a massive amount of sq. footage now that would allow other models to be built. Both C8 FE and C8 ME ZORA going forward. That is logic.
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John T (12-04-2018)
12-04-2018, 10:03 AM
#71
No sensible person has said GM can't build 2 or more completely different models at BGA. On the contrary, we've said it's unlikely they'll do so over the next couple of years for economic reasons. That's a big distinction. It complicates the assembly process and increases costs. Five years from now may be a completely different story.
The best available info from insiders is that in the immediate future BGA will be exclusively focused on producing variations of the ME platform, which they hope to build in quantities of about 50K annually. That is the expected demand at all price levels, at least initially.
Hamtramck is closing, so it wasn't one of GM's most efficient/profitable production facilities, and they clearly now believe they can improve financial results by disposing of it.
The best available info from insiders is that in the immediate future BGA will be exclusively focused on producing variations of the ME platform, which they hope to build in quantities of about 50K annually. That is the expected demand at all price levels, at least initially.
Hamtramck is closing, so it wasn't one of GM's most efficient/profitable production facilities, and they clearly now believe they can improve financial results by disposing of it.
Last edited by Foosh; 12-04-2018 at 10:42 AM.
12-04-2018, 10:56 AM
#72
Melting Slicks
Current BGA ability, including max overtime, has been reduced to just 33,000 Corvettes/year, e.g., a 12% reduction in annual Corvette production capacity. (Source: BGA Plant Manager, Kai Spande)
12-04-2018, 11:20 AM
#73
If you are going to quote me, use my full quote, which was, The best available info from insiders is that in the immediate future BGA will be exclusively focused on producing variations of the ME platform, which they hope to build in quantities of about 50K annually."
I don't make categorical statements about what's going to happen without the appropriate qualifiers. That's your game. Cut and snipping others words to make it fit your weird reality is cheap and tacky.
I don't make categorical statements about what's going to happen without the appropriate qualifiers. That's your game. Cut and snipping others words to make it fit your weird reality is cheap and tacky.
12-04-2018, 11:23 AM
#74
Melting Slicks
If you are going to quote me, use my full quote, which was, The best available info from insiders is that in the immediate future BGA will be exclusively focused on producing variations of the ME platform, which they hope to build in quantities of about 50K annually."
I don't make categorical statements about what's going to happen without the appropriate qualifiers. That's your game. Cut and snipping others words to make it fit your weird reality is cheap and tacky.
I don't make categorical statements about what's going to happen without the appropriate qualifiers. That's your game. Cut and snipping others words to make it fit your weird reality is cheap and tacky.
12-04-2018, 11:44 AM
#75
Banned Scam/Spammer
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ShagVette (12-04-2018)
12-04-2018, 11:59 AM
#77
Melting Slicks
When someone told you that current BGA capacity was 33,000 in this thread https://www.corvetteforum.com/forums...firmed-60.html you said Kai never said that (post #1193). So which is it? I thought you said the capacity was 74k? So which is it. You have absolutely no idea what you are talking about and cant even keep your stories straight. What a joke.
CORVETTE capacity at BGA is 33,000 annually and Spande was likely referring to the ME.
TOTAL rated capacity by LMC assuming 2 shifts of 8 hours/day 6 days/week with line speed of 20/hour is 74,000 annually working 39 weeks
MAXIMUM capacity increasing the shifts to 10 hours/day and the weeks worked to 42 is 100,000 annually.
Obviously GM is not going to produce just 33K cars/year at BGA going forward, so other vehicles in addition to the ME will be built there using skillet line production.
12-04-2018, 12:32 PM
#80
What I actually said was not wrong. Multiple sources have said BG would be concentrating exclusively on variations of the ME, at least initially. However, as we all know, and have just recently seen, plans can change. Nothing is cast in stone, and I simply report upon current plans, based upon info conveyed by inside sources. I have also repeatedly said, I have agreed not to name those sources and violate their trust.
Last edited by Foosh; 12-04-2018 at 12:45 PM.