Slow walk production til 2021 production starts
05-19-2020, 05:19 PM
#61
Its great to so many people on this forum work for GM or at BGM and know exactly whats going on all the time!! The rest of us appreciate the accuracy and timeliness of your information. "Children of the corn"
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jimmyb (05-19-2020)
05-19-2020, 05:24 PM
#62
Banned Scam/Spammer
Kentucky is massively different from NYC -- no subways or public transportation. No crowded streets or sidewalks. Everyone drives their own car and most live far apart. Covid 19 requires crowds and congestion to spread so if people are careful and smart, the disease will be controlled. But that is the wild card: people act very stupid and bad things happen.
05-19-2020, 05:25 PM
#63
Melting Slicks
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I believe there may be no motivation to speed up production of the 2020. As commonly heard they are losing money on every car under $80,000.00. A strategy maybe to slow walk the production of the 2020. They would use every excuse possible. Then start production of 2021 with a price increase, and then ramp up production. Sounds ugly but reasonable.
05-19-2020, 05:28 PM
#64
Advanced
I have no idea if GM will increase the price for 2021, but those of you arguing that dealers are saying the price will go up in 2021 to sell cars now are being ridiculous. Most don't have 2020 Corvettes to sell now. The ones that are available are, at least recently, being marked up for stupid money.
05-19-2020, 05:40 PM
#65
The production at BG will be slow at first, but will ramp up as building under the new procedures and parts are coming in more plentiful from suppliers. If all works well, I think all or most cars at 3000 status will be built as 2020's. As far as GM losing money on C8's...I doubt it. Naturally, they are not making near as much money on a base 1LT as they are on a highly optioned 2LT or 3LT.
Most of us assume that there will be an increase in price on 2021's however, I believe it will not be astronomical! I am happy that they are finally getting back to production a week from today!
Most of us assume that there will be an increase in price on 2021's however, I believe it will not be astronomical! I am happy that they are finally getting back to production a week from today!
exactly what he said!!!
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GTX JOHN (05-20-2020)
05-19-2020, 05:46 PM
#66
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05-19-2020, 05:56 PM
#67
Team Owner
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St. Jude Donor '15
"In honor of jpee"
It's just possible that the fear, or almost-certain anticipation of an increase can come true if people are "expecting it to happen." That seems to be self-conditioning. One could also call it a not-so-nice form of "marketing."
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Mike's LS3 (05-19-2020)
05-19-2020, 06:17 PM
#68
Race Director
GM's rollout of the C8 has been anything but smooth. It was late to arrive -- should have been at the 2019 Detroit auto show; no cars produced until winter; long labor strike; 400 suppliers around the world so production halted due to lack of parts; customers waiting extended periods with little or no information on production timelines; price gouging by dealers who got retail cars to sell even though all initial production was supposed to be sold retail only.
Production is now 8 months behind schedule and many 2020 models won't be delivered until the 4th quarter when the C7 started deliveries in the 3rd quarter of the year before the 2014 model year. So yeah, time for a price increase on the 2021 for all the thousands of customers who never got their 2020. Seems fair.
Production is now 8 months behind schedule and many 2020 models won't be delivered until the 4th quarter when the C7 started deliveries in the 3rd quarter of the year before the 2014 model year. So yeah, time for a price increase on the 2021 for all the thousands of customers who never got their 2020. Seems fair.
Link to where GM EVER announced the C8 would be shown at Detroit 2019
***I'll save you the trouble. GM NEVER said the car would be shown at Detroit 2019...THAT was an ASSUMPTION made by many who wrote about it enough that they started believing it. I was told by a former GM engineer in JULY 2018 that the car would NOT be shown in Detroit (and I told this forum that (once) and got shouted down).
"Price gouging": As I type this there have been about 2,800 C8's delivered. Out of that 2,800, what percentage were "price gouged" aka ADM's? You keep talking about that, provide FACTS like you did earlier in this thread. Did some pay over sticker? Sure. Just like they did for the 2014 C7, the 2015 Z06, the 2005 C6, the 2006 Z06, etc....Was this ADM thing the HUGE issue YOU think it is? I don't think so, so either prove it, or shut up about it.
C7: C7 coupe production began 3rd quarter 2013, convertible production began in late December 2013/early January 2014. The C7 had a price increase in February/March 2014 on the 2014 MY cars, effective immediately. Orders that were at 3000 status were price protected.
C8 production: If the September 1, 2020 build date (for start of 2021 production) is still in effect, your 4th quarter prediction for 2020's being delivered is wrong.
AND ONE LAST TIME: Link to pricing on the 2021 C8. You're just like the guys that thought the car was going to be at Detroit in 2019. If you type "price increase" enough, you start believing your own crap.
Last edited by jimmyb; 05-19-2020 at 06:24 PM.
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mracer14 (05-20-2020)
05-19-2020, 06:30 PM
#69
Race Director
I'll give you a few thoughts: keep talking about price increases for '21---if GM watches these pages, they'll start to believe what they're reading: "Hey, just about everyone's EXPECTING a price increase--let's give it to them!"
It's just possible that the fear, or almost-certain anticipation of an increase can come true if people are "expecting it to happen." That seems to be self-conditioning. One could also call it a not-so-nice form of "marketing."
It's just possible that the fear, or almost-certain anticipation of an increase can come true if people are "expecting it to happen." That seems to be self-conditioning. One could also call it a not-so-nice form of "marketing."
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mracer14 (05-20-2020)
05-19-2020, 06:43 PM
#70
Drifting
Kentucky is massively different from NYC -- no subways or public transportation. No crowded streets or sidewalks. Everyone drives their own car and most live far apart. Covid 19 requires crowds and congestion to spread so if people are careful and smart, the disease will be controlled. But that is the wild card: people act very stupid and bad things happen.
Deaths per million population:
New York 1,472
New Jersey 1,192
Connecticut 974
Massachusetts 862
District Of Columbia 567
Louisiana 555
Michigan 502
Rhode Island 502
Pennsylvania 371
Illinois 346
Maryland 344
Delaware 312
USA Total 282
Kentucky 82
Texas 48
I have to say the OP's comment on Corvette losing money is absurd. If you are in a cash crunch and losing money on a product line, why would it be one of the first plants reopened. I just shake my head at the lack of logic.
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mracer14 (05-20-2020)
05-19-2020, 06:52 PM
#71
Race Director
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2vette2 (05-20-2020)
05-19-2020, 07:21 PM
#74
I believe there may be no motivation to speed up production of the 2020. As commonly heard they are losing money on every car under $80,000.00. A strategy maybe to slow walk the production of the 2020. They would use every excuse possible. Then start production of 2021 with a price increase, and then ramp up production. Sounds ugly but reasonable.
I don't even think a dealer would have enough chutzpah to make something like this up.
Producing a new car that you know you're losing money on makes ZERO sense.
Raising prices during the 2nd Great Depression with unemployment at over 25% makes ZERO sense.
The only reason for this post would be to try and talk up the sales value of a car that you're trying to sell. Good luck!
Last edited by tdrake2020; 05-19-2020 at 07:28 PM.
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mracer14 (05-20-2020),
Race Prepared (05-21-2020)
05-19-2020, 08:31 PM
#76
Racer
No question there will be a price increase......demand far exceeds supply at this point and thru 2021.
05-19-2020, 08:41 PM
#77
@Corvette ED November is great news. Cements that I’m going to get a 2020 this summer!
I’ve seen the dealer cost on the 1LT Z51 I ordered... GM isn’t losing money.
There was an article linked on here from a local BG paper discussing GM’s motivation to get Corvette going again because it’s such a high profit product.
I’ve seen the dealer cost on the 1LT Z51 I ordered... GM isn’t losing money.
There was an article linked on here from a local BG paper discussing GM’s motivation to get Corvette going again because it’s such a high profit product.
05-19-2020, 08:47 PM
#78
Le Mans Master
Member Since: Mar 2000
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05-19-2020, 08:54 PM
#79
Le Mans Master
I am a top 100 Corvette dealer and got right from my GM Zone Rep 2020 Corvette production will run until the end of October. 2020 Convertible production will start on Monday, July 13th and 2021 Corvette production will start on Monday, November 2nd GM hasn't publicly released the information yet. If you think I am full of BS go to your dealer on Thursday, May 21st when the 21 order guide was supposed to come out and see if you can build a car
Last edited by RKCRLR; 05-19-2020 at 08:56 PM.
05-19-2020, 08:58 PM
#80
[QUOTE=Tool Hoarder;1601533503]@Corvette ED November is great news. Cements that I’m going to get a 2020 this summer!
"I’ve seen the dealer cost on the 1LT Z51 I ordered... GM isn’t losing money. "
Tool Dealer cost has nothing to due with GM making money. It will tell whether the Dealer is making money. BTW I am a CPA that has Dealerships as clients.
"I’ve seen the dealer cost on the 1LT Z51 I ordered... GM isn’t losing money. "
Tool Dealer cost has nothing to due with GM making money. It will tell whether the Dealer is making money. BTW I am a CPA that has Dealerships as clients.