What are the chances of a C8 FE and C8 ME revealing together?
#61
#62
Melting Slicks
I have already heard reports of the top of the line ZORA reaching 250k according to one that is close to the C8. I've always thought that 200k would be the top limit but apparently not. If this is accurate then my ME + FE duo concept makes even more sense. Remember, they didn't triple the square footage of the Bowling Green plant to still build only one configuration. The massive plant expansion explains everything that some of you are not focusing on. They spent nearly a billion dollars to upsize the plant. Some of you have to wake up to that reality.
And in any case, it looks like half of that cash went into building a new paint center, and another good chunk went into the engine building areas (which are expanding to build Caddy engines too). I.e., the expansion is not on the vehicle assembly line areas, at least according to press releases on the matter.
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Zaro Tundov (01-30-2019)
#63
Oh no . . . now you've done it. OP is now going to have re-publish the dissertation he wrote based upon his analysis of Google Earth photographs of the BGA site before and after.
#64
Drifting
It's compared to the same month of the previous year, of course.
If you compare only November and December 2018 sales to the same two months in 2017 the sales drop is even more stark.
The problem is how to interpret these sales figures since most potential Corvette buyers know the release of a new ME Corvette is imminent. Is the slump due to anticipation of a revolutionary new model, or something more dire?
If you compare only November and December 2018 sales to the same two months in 2017 the sales drop is even more stark.
The problem is how to interpret these sales figures since most potential Corvette buyers know the release of a new ME Corvette is imminent. Is the slump due to anticipation of a revolutionary new model, or something more dire?
#65
Instructor
I disagree. The year over year dip in sales is already forecasted and accounted for in GM's Annual Operating Plan. The first few years sales pay back the NRE invested to develop and bring the car to market. This late in the model run, recurring cost is just parts and manufacturing (and whatever administrative and marketing they still need). As long as GM's forecast is accurate and they build the right amount of cars for the market demand, the 19,000 C7 sales are not considered a loss.
GM knows that they will not sustain a peak sales number over the life of any car, so the program is leaned and the AOP is adjusted in advance as the sales forecast drop according to their plan.
GM knows that they will not sustain a peak sales number over the life of any car, so the program is leaned and the AOP is adjusted in advance as the sales forecast drop according to their plan.
I get a forecast error analysis is not the same as a total margin analysis.
Great, they forecasted a loss. It is still a loss in total margin.
In your case, the C7 is hemorrhaging and they know it.
In my experience, that model/SKU/product, is set for replacement/discontinue.
#66
Le Mans Master
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Location: Metro Detroit Michigan
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It's compared to the same month of the previous year, of course.
If you compare only November and December 2018 sales to the same two months in 2017 the sales drop is even more stark.
The problem is how to interpret these sales figures since most potential Corvette buyers know the release of a new ME Corvette is imminent. Is the slump due to anticipation of a revolutionary new model, ..
If you compare only November and December 2018 sales to the same two months in 2017 the sales drop is even more stark.
The problem is how to interpret these sales figures since most potential Corvette buyers know the release of a new ME Corvette is imminent. Is the slump due to anticipation of a revolutionary new model, ..
Last edited by Warp Factor; 01-30-2019 at 04:40 PM.
#67
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#68
Safety Car
It would be very inexpensive to derive a FE Vette from the C8 and build them side by side.. Both cars can have a base model with manual option starting @ $62 gs. The ME will get the very high HP engines. A luxury Caddy version with far out body panels (Lectric) can also be in the mix.
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John T (01-31-2019)
#69
Race Director
No matter where this lands, this is a huge roll of the dice for GM. Even though they haven't even acknowledged this ME car, there's enough talk out there now that if they pull the plug on it, there will be plenty of backlash on them for being 'chicken'. But to completely change a 66 year, tried and true formula, a tradition, an Icon, that is Corvette is akin to blindfolded Acapulco cliff diving. It will be interesting to see how this plays out.
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#70
20K units a year at average 70K each is now a loss...
Hallelujah!! /sarc off
Hallelujah!! /sarc off
#71
Drifting
A lot of entertaining and yet good points on both sides of this argument.
I'm thinking that none of these ideas are completely off the table, either way. The eventual reveal is gonna be eye opening, that's for sure.
#72
Drifting
Remember everyone, we have a purported insider named "unlimitedPower" who claims the 7th gen Camaro would replace the FE Corvette a year or two after the C8 introduction while remaining in the current Camaro price range.
Here it is:
This makes sense to me. The Camaro is already similar to the Corvette in performance and with a ME C8 there wouldn't be the need to aim the Camaro at a different demographic for fear of cannibalizing Corvette sales. The gen7 Camaro could have modern and adult styling like the Mustang instead of looking like a redneck Transformers character.
Here it is:
A mid engine Corvette makes space for the 7th gen Camaro to slip into the C7’s current segment in 2021, at current Camaro prices. The 2021 Camaro will be as revolutionary as the C8 but that’s for another forum at another time.
#73
On one hand I can see it but on the other the new Camaro will have to loose a lot of weight just to call it even with the C7. Currently the C7 is still 5 car lengths on the camaro...
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John T (03-05-2019)
#74
Instructor
If I sold 10 apples for $1 last year, and I sold 7 apples for $1 this year.
I lost $3 compared to last year.
In your example, -7,000 less cars (from 2017) x $70,000 = -$440,000,000
"We sold 1/4 less product than last year, but our unit margin is okay. Everything's fine. Let's change nothing."
This isn't something successful companies say.
Last edited by TheSenator; 01-30-2019 at 06:24 PM. Reason: can't spell apples twice correctly, apparently.
#75
Advanced
#77
Pretty good, and I got a near perfect score on the Miller Analogies Test.
That's very do-able with a downsizing and using something closer to the C7 platform and body panels. The ZL1 has posted some faster laps than the GS and is creeping close to the Z06 on some courses.
That's very do-able with a downsizing and using something closer to the C7 platform and body panels. The ZL1 has posted some faster laps than the GS and is creeping close to the Z06 on some courses.
Last edited by Foosh; 01-30-2019 at 07:55 PM.
#78
FE Camaro != Vette. They put down good numbers but they suck to drive. I'm 6'4" and the belt line is massively high even for me.
#79
So, if a "C7 refresh/C8 FE" ends up being called a Camaro and/or is manufactured at BGA, which one of the warring factions here is right?
Last edited by Foosh; 01-30-2019 at 07:56 PM.
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moose.b3 (01-30-2019)
#80
Banned Scam/Spammer
The 7G camaro will replace the FE Corvette in the performance FE sector for Chevy.
The Camaro already performs near equal to the Corvette, weight being the major difference with a back seat and slightly larger vehicle package.
A FE Corvette therefore no longer makes sense. An ME is a necessary step forward for Corvette and the Engineers and head of that project have already made that statement publicly and clearly.
I don't know how many more times this can be discussed.
The Camaro already performs near equal to the Corvette, weight being the major difference with a back seat and slightly larger vehicle package.
A FE Corvette therefore no longer makes sense. An ME is a necessary step forward for Corvette and the Engineers and head of that project have already made that statement publicly and clearly.
I don't know how many more times this can be discussed.
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Foosh (01-30-2019)