Kens Weekly Newsletter - October 14, 2005
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Kens Weekly Newsletter - October 14, 2005
Hello from your Montana Chevy Dealer!
I am sorry that I haven’t published a newsletter for a couple of weeks. I have been out of state attending a conference as a motivational speaker. I am leaving again this weekend to attend the GM National Business Conference.
There are several new items contained in this newsletter.
PLEASE NOTE:
I will be out of the office Saturday thru Tuesday, October 15 thru 18. I will answer all of my email and voicemail when I return on Wednesday!
GM Protection Plan News and FAQ:
Save $$$$ TODAY!
Dennis Fichtner has slashed our profit margin on the plan thru the end of the year because he is in a sales contest! GM might increase prices AGAIN on December 31: You can beat the price increase, get the lowest price ever, and not pay sales tax on a GM Protection Plan!!
MAKE SURE TO TELL DENNIS THAT YOU WERE REFERRED TO HIM FROM THIS WEBSITE FOR SPECIAL PRICING NOT OFFERED TO ANYONE ELSE!
Save $$$$ TODAY!
For help with a GM Protection Plan call Dennis Fichtner at 800-234-5284 or email him at: gmpp@fichtnerchevrolet.com
Parts, Accessories and Service News:
GM is releasing new items for the 2005 and 2006 Corvettes weekly!
Here are just some of the items that have in stock and on sale at dealer wholesale:
Lexol Liquid Cleaner
Lexol Cleaner Wipes
Lexol Conditioner Cleaner
Lexol Conditioner Wipers
UPF44 Oil Filters
Magnetic Drain Plugs
Air Filters
Corvette Service Manuals
Lloyds Embroidered Cargo Area Mats
Lloyds Embroidered Floor Mats
Stainless Rear Letters
Stainless Side Grilles
Painted Door Handles
Chrome Door Handles
Painted Rear Spoiler
Painted Rear License Frame
Painted Fuel Rail Covers
Front Bra
Remote CD Changer
Rear Cargo Storage Unit
Seat Back Storage Pouchs
Painted Interior Trim Package
Color Keyed Shifter and Emergency Brake Boots
Brushed Aluminum Door Sills
Stainless Steel Exhaust Screen
GM Performance Exhaust System (Borla)
Corsa Exhaust System
Note that we aren’t selling parts at a loss and then adding an exhorbidant amount for shipping and handling. Further, note that there isn’t any sales tax in Montana thus saving you more!
For help with parts and accessories call Robert Wendorff at 800-234-5284 or email him at: parts@fichtnerchevrolet.com
Dealership news:
Fichtner Chevrolet was founded in 1953 by my grandfather, Theodore Fichtner.
My father, Leonard Fichtner, became the dealer in 1961.
On June 8, 2005, I, Kenneth Fichtner, became the dealer. I am as you can see, the 3rd generation!
Fichtner Chevrolet personnel directory:
GM Protection Plans and New Car/Truck Sales:
Dennis Fichtner, Business Manager
gmpp@fichtnerchevrolet.com
406-628-4618 Ext 105
Corvette Sales and Advice
Ken Fichtner, Dealer
kenfichtner@fichtnerchevrolet.com
406-628-4618 Ext 103
Parts:
Robert Wendorff, Parts Manager
Parts@FichtnerChevrolet.com
406-628-4121
John Thomas Dorsey, Parts Specialist
Parts@FichtnerChevrolet.com
406-628-4121
Service:
Maudie Merck, Service Manager
Service@FichtnerChevrolet.com
406-628-4618
Office Administration/Accounting:
Kayla Eastlick
KEastlick@FichtnerChevrolet.com
406-628-4618
Thanks for taking the time to read my weekly newsletter and thanks for your business!
Index of topics:
Weekly Newsletter – Contents (everything updated!)
1) The latest news from GM – UPDATED
2) Something new for 2006 models produced after October 16! - NEW
3) New Corvette Accessories Released - UPDATED
4) 2006 Corvette Ordering and Production News
5) 2006 Corvette Order Guides
6) 2006 Corvette Z06 Allocation Information
7) 2006 Corvette Z06, Coupe and Convertible Pricing
8) 2006 Corvette Press Release
9) Corvette Pricing Formula Revealed
10) GM Rebates/Special Finance Rates - UPDATED
11) GM Employee & Supplier Plan - UPDATED
12) Weekly Constraint/Production News - UPDATED
1) The latest news from GM and Chevrolet
Date: October 12, 2005
To: All Chevrolet Dealers
Subject: Chevrolet Top Five Countdown
The good news from the bowtie division continues. Our race for industry leadership marches on and our HHR and Impala launches are off to excellent starts. In addition, Chevy has now revealed its next all-new launch vehicle, the 2007 Tahoe. Finally, Chevrolet continues to have great stories to tell regarding our outstanding quality. From this wide range of topics, the following stories were selected for this edition of Chevrolet's Top Five Countdown.
1. CHEVROLET IS THE BEST-SELLING BRAND IN AMERICA. Chevrolet remains the industry sales leader through nine months of this year. Chevrolet sales have totaled 2,120,124 deliveries through September. This total has put Chevrolet 29,286 sales ahead of Ford Division through the first nine months of this year. Let's continue to fight for every sale in order to maintain our lead in the fourth quarter.
2. HHR AND IMPALA ARE GAINING SALES MOMENTUM. Regardless of what part of the country you go to, Chevrolet dealers are in agreement: the Impala and HHR are off to a fantastic start. The turn rates on both of these vehicles are moving at a terrific pace. Thank you to all Chevrolet dealers for their efforts to ensure these vehicles got out of the gates so quickly.
Here is just a sample of recent comments made about these launch vehicles…
Impala
"It also helps to offer something novel, and Impala does: flip-and-fold rear seat cushions. Lift one or both of the bottom cushions and flip them forward against the backs of the front seats to expose a stowage compartment large enough to hold a laptop computer or slim purse--the opening is only 4 inches deep.
Or leave the seat bottoms against the backs of the front seats and lower the rear seat backs to create an extended cargo hold for items that don't all fit in the trunk. Nice touch." Jim Mateja, Chicago Tribune, September 18
HHR
"HHR is even exceeding my expectations and my expectations were very high."
Bob Lutz, GM Vice-Chairman, in the Detroit News on September 30
3. 2007 CHEVY TAHOE GOES TO TEXAS. At the end of September, Ed Peper, Chevrolet General Manager, and Gary White, Vice President GMNA & Vehicle Line Executive for Full-size Trucks, introduced the 2007 Tahoe to approximately 50 Texas journalists. The event was held at Gilley's, the famous Dallas country-western entertainment venue and was timed to mark the opening of the State Fair of Texas.
The 2007 Tahoe significantly raises the bar on a vehicle that already has achieved legendary status. Ed Peper shared his views on Chevrolet's latest launch vehicle…
"Tahoe is known for delivering whatever its customers want, whenever they want to do it – a hard-earned reputation reflected in countless independent quality studies, buying guide recommendations and customers who have returned to buy another vehicle," said Peper. "The '07 model enhances the attributes that have made Tahoe the industry's best-selling full-size SUV and improves them with dramatically increased attention to detail in smoothness, quietness and refinement. We believe it is simply the best Tahoe yet."
4. 2007 TAHOE: IMPROVED EFFICIENCY. In the coming weeks, you will learn much more about the awesome features and customer benefits offered on the 2007 Tahoe including its improved efficiency. For example, the 2007 Tahoe offers a new Gen IV small-block V-8 that provides more power than comparable powertrains in previous models. In addition, fuel-saving Displacement-On-Demand technology enables better fuel economy. When combined with other vehicle-wide features, including improved aerodynamics, the small-block V-8 continues to give the Tahoe the segment's best fuel economy. Preliminary testing with 5.3L-equipped models shows unadjusted combined fuel economy ratings of 20.5 mpg with 2WD models and 20.1 mpg with 4WD models. That's better fuel economy than any other full-size SUV.
5. CHEVY: MORE DEPENDABILITY AWARDS THAN ANY OTHER BRAND. J.D. Power and Associates released their September 2005 Power Report. This special report provides a cross-divisional look at GM and Chevrolet's achievements in the areas of initial quality and vehicle dependability. The report includes the following highlights:
•GM produces the highest inital quality among the 84 plants located in North and South America based on the J.D. Power & Associates 2005 Initial Quality StudySM (IQS).
•GM earned 16 quality and dependability awards; more long-term dependability awards that any other manufacturer.
•Chevrolet earned more dependability awards than any other brand.
•Suburban was the highest ranked full-size SUV in initial quality for the third consecutive year.
•Malibu/Malibu Maxx was the highest ranked entry midsize in initial quality and was also the most dependable entry midsize car.
•Silverado HD was the most dependable heavy-duty full-size pickup and the only model in the segment to exceed the industry average.
Please visit http://www.gm.com/company/onlygm/ for your link to the entire report.
Big 3 sales stall
DETROIT -- Big 3 auto dealership sales have dropped off a cliff this month after the end of employee pricing programs.
Ford Motor Co. and General Motors switched to promoting value pricing strategy, meant to replace incentives with lower sticker prices. The Chrysler group has been following a similar strategy for several years.
Dealers say the first two weeks of October have been the slowest they've experienced in years with little to no traffic or sales.
"I didn't think it could get much slower than September, but it's definitely slower," says Gordon Stewart, president of Stewart Management Group in Harper Woods, Mich., which has several GM stores.
GM has incentives on selected vehicles. But Stewart questions whether GM can avoid a high-profile national incentive program: "The word is that they're supposed to let the value pricing ride for 90 days, but the question is, do they have that kind of staying power?"
Jon Myers, owner of Naples Dodge in Naples, Fla., and chairman of the Dodge National Dealer Council, said, "It is pretty slow. It is a number of factors: the hurricane, the gas prices, coming off employee pricing, the continuation of the raising of interest rates.
"That is what everybody is saying. It is slow out there," Myers says.
Ford dealer Maureen Joyce, owner of Joyce Ford Inc. in Chicago, says, "I think we're in for a rough ride.
She asked with a laugh: "What sales? "It's not starting out well. It's not horrific yet."
"We kind of anticipated that it would start getting scary."
Joyce said that in the next incentive program, "The cars will be free. You'll just have to pay sales tax -- I mean what else can you do?"
Jim Satterthwaite, owner of Knopf Chrysler Jeep in Ambler, Penn., says sales are the worst in a generation: "My family has been in this business since 1974, and this is about as scared as I have been."
"We had a great July and good August by pulling ahead. We are in a little bit of a payback mode," he says. "The price of fuel and the uncertainty of where the economy is headed is really putting a lid on it."
Dealer Howard Drake says traffic and sales at his Hummer store are good, "OK" at his Saab store and slow at his Cadillac dealership. Drake is co-owner of Casa Automotive Group in Sherman Oaks, Calif.
"The value promise is a good deal and it makes sense, but we didn't get anything repriced in Cadillac," Drake says. "For us, many Cadillac dealers are having a tough time in understanding what value pricing is."
Richard Klaben, a principal in the Klaben Auto Stores of Kent, Ohio, says customers are delaying major purchases.
People think, "Now is not a good time," says Klaben, who sells Chrysler, Jeep, Dodge, Ford and Lincoln Mercury.
Employee discount pricing pulled sales ahead, he says. "At the end of the year, we will be no further ahead or behind than if we had never had the family plan," Klaben says.
"In the long run, it probably hurt us because we spent too much time talking about family plan pricing rather than the positives of the brands," Klaben says.
"Manufacturers put all of their eggs and dollars on one message instead of spending money to sell the brand and increase consideration level for the brand," he says. "Now we see what the payback is.
"It is not that people can't afford to get into the market," Klaben says. "It is that they don't want to. They don't feel good about it. It is more a product of watching the evening news than what is really happening in their personal life. Every layoff gets magnified 10 times."
Big trouble for big SUVs
Sales plummet and used-ute prices slide, but used Corollas actually gain value
Last July, Chevrolet dealer Tim Walters took a 2003 Ford Expedition in trade. He's still waiting for a buyer. While high gasoline prices are scaring away buyers of large SUVs, used small cars, in a stunning reversal, are holding value.
NEWS ANALYSIS: Fire sales fizzle out in Sept.
Low stocks hurt Big 2; sales rise for imports and Chrysler group
In September, General Motors and Ford Motor Co. learned that it takes more than fire-sale prices to move cars and light trucks. And foreign automakers found that their old-fashioned merchandising procedures are still pretty darn good.
SALES TALES: The SUV world hasn't collapsed -- yet
Gasoline prices are sky-high and mpg is in the pits, so let's take a look at how the SUV segment is faring. The answer: not so great. But the situation is not as bad as September's sales figures would lead you to believe.
Rebates haven't disappeared
The Big 3 posted their fourth-quarter rebates last week with payments to buyers as high as $6,000 and interest rates from 0 to 6.75 percent. The much-discussed move away from rebates simply did not happen, except for General Motors' 2005 models.
HHR is hot, so GM raises target again
Automaker looks at boosting production to 120,000 annually
General Motors believes it has a hit with the new Chevrolet HHR wagon but must figure out how to build more of them. Robert Lutz, GM's vice chairman for product development, says GM plans to produce 120,000 HHRs annually.
GM expects flat SUV sales
DETROIT -- General Motors' next generation of SUVs will debut with significant gains in fuel efficiency, safety, sophistication and design, the automaker promises.
But GM doesn't think that will mean a huge spike in sales.
GM, which unveiled its 2007 Chevrolet Suburban and Tahoe as well as the GMC Yukon and Cadillac Escalade to journalists on Tuesday, is projecting sales to maintain current levels.
"It is realistic to assume the segment won't grow," said Robert Lutz, GM's vice chairman of global development.
GM says it owns 60 to 62 percent of a 750,000-unit segment and leads in certain sales categories, including the large-luxury market.
Lutz said even with gasoline prices at record levels, GM's market share and the segment volume should hold steady, but not significantly improve the way the segment did at the beginning of the decade.
"People are still going to buy full-sized sport-utilities at $3 a gallon. But even at $3 a gallon, it's 750,000 people a year. It's not going to go to a million," Lutz said. "Two years ago we would have told you the segment is going to go to a million vehicles. It's not going to do that. It's leveled off.
"We think 750,000 (units) is the best prediction based on today's fuel prices. I think we may maintain our volume at other people's expense, even if the segment shrinks a little bit."
GM says its new SUVs, built on the company's GMT 900 architecture, will offer a number of advantages, including:
• Increased horsepower and better fuel economy with the addition of cylinder deactivation and six-speed automatic transmissions
• Better ride and handling with wider front and rear tracks and an all-new fully boxed frame
• More refined interiors with premium materials, flush fits and noise-reducing materials
• Innovations such as power-assisted liftgates, power fold-and-tumble second-row seats, power running boards and touch-screen navigation.
GM says its Tahoe, Yukon and Escalade will be available in the first quarter next year. The Suburban and Avalanche, Yukon XL Denali, Escalade ESV and EXT will be available in the second quarter.
Lutz said while it is too early to discuss pricing, GM plans to use its "Total Value Promise" on its new SUVs. That value pricing strategy aims to minimize incentives with a lower sticker price and, in some vehicles, more standard equipment.
2) Something new for 2006 models produced after October 16!
Subject: New Corvette Customer Welcome Letter
Message: CHS20050075
Corvette Customer Welcome Letter and PDI Importance (U.S. Only)
Models: 2006 Chevrolet Corvette
Built After October 16, 2005
Beginning with October 17th production, the Bowling Green assembly plant will be putting a customer welcome letter in the center console of each new Corvette. The letter welcomes the owner into the Corvette family and emphasizes the technology and performance built into the new Corvette. This letter should be presented to the purchaser at the time of delivery. Please also stress the importance of reading the Getting-to-Know-You Guide and the instructional DVD or CD to help get the customer get the most from their vehicle.
The Corvette is a world class premium sports car. Make sure to capitalize on high Customer Satisfaction Scores by delivering a pristine vehicle that has had careful attention to ALL aspects of the PDI process. For specific information, refer to Corporate Bulletin Number♦03-00-89-006C.
3) New Corvette Accessories Released
Genuine Corvette Accessories
Introducing "NEW" to the accessory portfolio:
The following new products are now available.
Rear Cargo Organizer - C6 Coupes
Additional colors for the door handles, interior trim pieces, front and rear license plate holders
Painted Fuel Rail Covers
Remote CD Changer
4) 2006 Corvette Ordering and Production News
Corvette
2006 Corvette Z06
• 2006 Z06 production started with ship to commerce beginning soon.
• Performance data on 2006 Z06 released this week as follows:
• 1/4 mile = 11.7 seconds at 125 mph
• 198 mph top speed
• 1.04 lateral g
• Fuel economy = 16 city/26 highway making 2006 Z06 the only 505 hp car with no federal gas guzzler tax
2006 Corvette Coupe and Convertible
• New features for 2006 include:
• 6 speed paddle shift transmission with automatic modes
• Smaller diameter 3-spoke steering wheel
• XM Satellite Radio included with Bose audio systems and features hidden antenna
• Order guides will be available
• Pricing will be released
• The Gray (37T) Convertible Top, introduced in 2005 MY, has been carried over for 2006 and will be available for ordering in beginning August 19, 2005.
5) 2006 Corvette Order Guides
Order guides are now available.
Click here for the 2006 Coupe:
http://temp.corvetteforum.net/c5/ken.../2006coupe.pdf
Click here for the 2006 Convertible:
http://temp.corvettefourm.net/c5/ken...onvertible.pdf
Click here for the 2006 Z06:
http://temp.corvetteforum.net/c5/ken...rder_guide.pdf
6) 2006 Corvette Z06 Allocation Information
Corvette Z06 Allocation Plan
The 2006 Corvette Z06 allocation plan is a 2 phase process. While the details of each phase are shown below, there are some key points worth noting. First, not every Certified Corvette Dealer will receive a 2006 Corvette Z06 model. The Z06 model will have its own allocation group - Z06. And, Corvette Z06 retail production will be allocated to eligible Corvette Dealers using the most current 52-week total retail Corvette sales.
• Dealers will be able to view current month allocation plus one month outlook
• Each Dealer will be mailed a six month allocation outlook
• In December, a four month outlook will be communicated based on the most current 52-week sales history
• In April 2006, distribution will provide the balance of model year outlook based on the latest 52-week sales history for buildout
• The above steps were established to discourage over commitment/selling
Phase I Details
• Dealers will be placed in Tiers based on their 52 weeks of retail Corvette sale
history (June 2004 - May 2005) for the first 3 consensus cycles.
- Tier 1 will be comprised of the 25 largest volume Corvette Dealers
- Tier 2 will include the largest 125 Corvette Dealers
- Tier 3 will expand to include the largest 300 Corvette Dealers
• Initial consensus:
- June 2005 (for production week 33)
- Exclusively to Tier 1 Dealers using the June 2004 - May 2005 sales history
• Second consensus:
- July 2005 (for production weeks 34 - 36)
- Exclusively to Tier 1 & 2 Dealers based on the launch sales data
• Third and final Phase I consensus:
- August 2005 (for production weeks 37 - 40)
- Distributed to Tier 1, 2 & 3 Dealers
• Consensed allocations will be "protected", so that Dealers cannot accidentally
loose their allocations. Pattern Z06 orders will be created as necessary during
weekly DOSP cycles.
Phase II Details
• Eliminates the assignment of Dealer Tiers. All Certified Corvette
Dealers with a June 2004 - May 2005 sales history will be comprehended
in the balance of allocation calculations.
• The allocation determined by the same formula in phase 1
• Begins with the September 2005 consensus (for production weeks 41 - 45)
• Due to the limited production of the Z06 model there will be no
guarantee that each Certified Corvette Dealer will receive allocation
for a Z06 model
• Consensed allocations will continue to be "protected", from accidental
loss. Pattern Z06 orders will be created as necessary during weekly
DOSP cycles.
• Z06 will not qualify for PEP, but will be eligible for EVP Drive & Buy
and GMS/Supplier when the current incentive program expires
Don’t be misled by your dealer!
Please note that EVERY Chevrolet dealer received a letter from the Corvette Marketing Team dated June 15, 2005.
Before you place an order and give a deposit to your dealer of choice based upon what they tell you, ask to see this letter!!!!
Have a successful day,
Ken Fichtner
Fichtner Chevrolet
Here’s what the letter says:
XXXXXX
XYZ Chevrolet
123 Main Street
Anywhere, MT XXXXX
Attention: Dealer Operator and New Car Sales Manager
Subject: Corvette Z06 Allocation Projection
An integral part of the 2006 Corvette Z06 distribution plan is to provide an extended allocation projection to all eligible Corvette dealers. This is a projection and not a commitment, but is intended to assist dealers in managing customer expectations in line with dealer allocation.
Below is your dealership’s projected allocation of Z06 through December 2005 production. A second extended projection will be provided in December. Please keep in mind that this allocation projection is based on an estimated production schedule and therefore must continue to be considered as a projection and is not to be considered an absolute commitment.
Your Z06 Estimated Allocations:
July August September October November December
# # # # # #
If a dealer chooses not to consent to their Z06 allocation that allocation will be redistributed to another eligible dealer during the variance resolution and will not be rolled forward nor will it be converted to regular Corvette allocation.
Note: Complete details of the Z06 Distribution Plan are available in Chevylaunch.com
CORVETTE MARKETING TEAM
7) 2006 Corvette Z06/Coupe/Convertible Pricing
2006 CHEVROLET INTRODUCTION PRICES!
CHEVROLET IS PLEASED TO ANNOUNCE INTRODUCTORY PRICES FOR THE 2006 MODEL YEAR CORVETTES.
SPECIFIC PRICING INFORMATION INCLUDING DEALER INVOICE, DEALER PRICE AND DESTINATION CHARGES ARE AVAILABLE IN GM DEALERWORLD UNDER SALES &/OR F&I TABS.
GENERAL MOTORS BAILMENT PROCEDURES FOR THE SHIPMENT OF EARLY NEW MODEL VEHICLES REMAINS UNCHANGED FROM 2005 MODEL YEAR. PLEASE REFER TO GM DEALER BULLETIN 03-15 DATED JULY 18, 2003 FOR DETAILS. PRICES, DESTINATION CHARGES AND OTHER TERMS OF SALE APPLICABLE TO ANY MOTOR VEHICLE MAY BE CHANGED AT ANY TIME.
THIS PRICING INFORMATION WILL BE REFLECTED IN GM AUTOBOOK ON GM ACCESS AT A LATER DATE.
2006 MODEL YEAR VEHICLE PRICE SCHEDULE
EFFECTIVE WITH START OF 2006 MODEL YEAR PRODUCTION
Description MSRP
1YY87 Corvette Z06 2 Door $65000.00
Destination $800.00
Preferred Equipmt Pkg 1LZ $0.00
Preferred Equipmt Pkg 2LZ $2900.00
Museum Delivery $490.00
LeMans Blue Metallic $300.00
Velocity Yellow $750.00
AM/FM with Navigation $1600.00
AM/FM 6 Disc CD, XM Satellite $1740.00
Polished Aluminum Wheels $1295.00
2006 MODEL YEAR VEHICLE PRICE SCHEDULE
EFFECTIVE WITH START OF 2006 MODEL YEAR PRODUCTION
Description MSRP
1YY07 Corvette 2 Door Coupe $43800.00
1YY67 Corvette 2 Door Conv $51535.00
Destination $800.00
Preferred Equipmt Pkg 2LT-Cpe $1495.00
Preferred Equipmt Pkg 2LT-Conv $0.00
Preferred Equipmt Pkg 3LT-Cpe $4795.00
Preferred Equipmt Pkg 3LT-Conv $3395.00
Power Convertible Top $1995.00
Museum Delivery $490.00
OnStar Communications $695.00
Z51 Performance Handling Pkg $1695.00
LeMans Blue Metallic $300.00
Velocity Yellow $750.00
Monterey Red Metallic $750.00
AM/FM with Navigation $1600.00
Dual Roof Panels Package $1400.00
Transparent Roof Panel Only $750.00
Magnetic Selective Ride Control $1695.00
6 Speed Manual Transmission $0.00
6 Speed Paddle Shift Auto Trans $1250.00
Polished Aluminum Wheels $1295.00
Competition Gray Aluminum Wheel $295.00
Chrome Aluminum Wheels $1995.00
8) 2006 Corvette Press Release
For Release: Aug. 1, 2005
CHEVROLET CORVETTE
New for 2006 (September 2005 start of production)
• 6-speed Paddle Shift automatic transmission available on Coupe and Convertible
• Three-spoke, 370 mm (9.4 in) diameter steering wheel
• Advanced dual-stage frontal air bags with GM Passenger Sensing System
• XM Satellite Radio included with Bose stereo (48 states)
• Two exterior colors: Velocity Yellow Tintcoat and Monterey Red Metallic Tintcoat
• Titanium gray interior color
• Storm Gray convertible top color
Performance enhancements also are found on ’06 Coupe and Convertible models, with the availability of a new electronically controlled 6-Speed Paddle Shift transmission with automatic modes. The transmission has three driving modes – Drive, Sport and Paddle Shift – and a wide, 6.04:1 overall ratio that enables a balance of stirring acceleration and excellent fuel economy.
Other changes for 2006 Corvettes include a new three-spoke, 370-mm-diameter (9.4 inches) steering wheel. The wheel is smaller in diameter than the previous steering wheel, allowing the driver to maintain a “tighter” feel on the wheel and help improve turn-in response. The three-spoke design is characteristic of a sporty design that is being implemented in other performance-oriented Chevrolet vehicles.
Here’s a look at the rest of Corvette’s changes for ’06:
GM Passenger Sensing System – Replacing the previous manually controlled air bag switch, all ’06 Corvettes come with advanced dual-stage frontal air bags with GM’s Passenger Sensing System (PSS). PSS uses the latest sensing technology to turn the front passenger air bag on or off. If the sensor system detects an unoccupied front passenger seat or the presence of a smaller occupant, the front passenger air bag is designed to automatically turn off so it would not deploy in the event of a frontal collision. A status indicator on the inside rearview mirror alerts occupants that the passenger air bag is on or off.
XM Satellite Radio combined with Bose audio – For vehicles sold in the 48 contiguous states, XM Satellite Radio is included with the uplevel Bose audio system. The XM radio antenna is “hidden,” allowing for a smoother exterior appearance.
New exterior colors – Velocity Yellow Tintcoat and Monterey Red Metallic Tintcoat join the Corvette’s color palette, replacing Millennium Yellow and Magnetic Red Metallic. (Monterey Red Metallic Tintcoat is not available on Z06.) The color changes were implemented on late-2005 models.
New interior color – Titanium Grey replaces Steel Grey as one of Corvette’s interior color choices.
New convertible top color – Storm Grey replaces Grey as a color choice for convertible tops.
6-Speed Paddle Shift automatic details
The new electronically controlled 6-Speed Paddle Shift automatic transmission is one of the most technologically advanced transmissions in the industry, featuring clutch to clutch operation, manual control shift operation and an integrated 32-bit electronic controller. A wide, 6.04:1 overall ratio helps deliver exciting acceleration performance along with excellent fuel economy.
The six forward gears have smaller “steps” between them, which enhances the feeling of performance and smoothness. The smaller steps also enable a steep, 4.02:1 first gear, which provides an improved-performance launch feel when compared with the previous four-speed automatic’s 3.06:1 first gear. There are two overdrive gears: a 0.85:1 ratio in fifth gear and a 0.67:1 ratio in sixth. The final drive ratio of Corvette models equipped with the new transmission is 2.56:1.
Technological sophistication is exemplified by two electronically controlled automatic modes, Drive and Sport; plus manual Paddle Shift. The Drive mode follows a specific shift schedule of predetermined shift points, while the Sport mode enables Performance Algorithm Shifting (PAS). PAS modifies shift patterns when performance driving is recognized by the controller. The Drive mode optimizes shifts for smoothness, while the Sport mode enables firmer shifts for better performance. With the Paddle Shift mode, gear changes are made with manual control paddles located on the steering wheel.
The performance and functions of the six-speed paddle shift transmission with automatic modes are guided by an integrated controller. The controller is located inside the transmission, reducing complexity. A new 300-mm torque converter, new rear bell housing, new driveline support and revised-length driveshaft also support the transmission’s integration into the Corvette.
Coupe and convertible details
The 2006 Corvette’s new features and refinements enhance a groundbreaking sports car that was all-new in 2005. It is a performance car that is home in virtually any environment, whether daily commuting or weekend racing. Coupe and Convertible models come with the LS2 6.0L V-8 engine that produces 400 horsepower (298 kw) and 400 lb.-ft. of torque (542 Nm). It is matched to a rear transaxle that helps improve vehicle weight balance – a six-speed manual is standard and the new six-speed paddle shift transmission with automatic modes is available. The front and rear short/long arm suspensions reflect the most competition-influenced suspension tuning in the Corvette’s history.
Dramatic fender forms and exposed headlamps combine with the grille to create a strong visual identity for the Corvette, while the tapered rear deck and fascia improve high-speed performance. The lean rear design sports round taillamps and center-exit exhaust. The fixed Xenon high-intensity discharge headlamps provide superior lighting performance. With a 0.286 coefficient of drag, the Coupe models are the most aerodynamic Corvettes ever.
The 2006 Corvette Convertible features an optional power-operated soft top; an easy-to-operate manual top is standard. Both configurations use a five-layer fabric that conceals the underlying structure for a good top-up appearance, plus it helps preserve the car’s excellent aerodynamics and reduces road noise.
Corvette’s interior is inspired by the car’s dual-cockpit heritage. High-quality materials, craftsmanship and functionality help deliver premium quality meant to enhance performance driving. The instrument panel and doors are covered with cast-skin foam-in-place trim that looks like a leather-wrapped, padded panel. It is warm and inviting and has double the life of conventional trim materials.
An AM/FM radio with CD player and MP3 capability is standard. New technology enhances conventional radio reception. An improved optional Bose audio system with an in-dash six-disc changer and XM Satellite Radio (continental U.S. only) add to the choices available to the audiophile owner.
A full-function OnStar system is available and an onboard navigation system is available. Using a 6.5-inch (165 mm) color touch-screen display, the DVD-based system contains all the map data for the 48 contiguous states and most of Canada on one disc.
OnStar-equipped Corvette models feature OnStar dual-mode (analog-digital) equipment. OnStar’s digital equipment also includes enhanced hands-free voice recognition capabilities including more intuitive continuous digit dialing and improved voice recognition accuracy. OnStar is the leading provider of in-vehicle safety, security and information services in the United States and Canada . Using the GPS satellite network and wireless technology, OnStar features core safety services and OnStar Hands-Free Calling that allows drivers to make and receive voice-activated phone calls using an externally mounted antenna for greater reception.
Corvette Coupe and Convertible have a hydroformed steel rail backbone structure, which features cored composite floors, an enclosed center tunnel, rear-mounted transmission and aluminum cockpit structure. Suspension cradles, control arms, knuckles, springs, dampers, bushings, stabilizer bars and steering gear have all been redesigned. New Goodyear Extended Mobility Tires (EMT) take advantage of the latest sidewall design and compound technology for run-flat capabilities.
Three suspension choices allow drivers to choose the setup that best suits their driving style. The standard suspension is tuned for a balance of ride comfort and precise handling. Corvette is now more poised at even higher handling levels, yet easier to drive.
The optional Magnetic Selective Ride Control suspension features magneto-rheological dampers able to detect road surfaces and adjust the damping rates to those surfaces almost instantly for optimal ride control. The system has been improved to deliver more differentiation between the system’s “Tour” and “Sport” settings.
The Z51 Performance Package brings Coupe and Covertible performance very close to the widely admired C5 Z06. The Z51 offers more aggressive dampers and springs, larger stabilizer bars, Goodyear Eagle F1 Supercar EMT tires, enhanced cooling and larger cross-drilled brake rotors (13.4 inches/340 mm in front and 13 inches/330 mm in rear) for optimum track performance while still providing a comfortable ride.
With each suspension, three standard dynamic chassis control systems – anti-lock braking, traction control, and Active Handling – operate in concert. In all, the new dynamic chassis control systems are smarter, less intrusive and more adept at making the total driving experience precisely what drivers have come to expect from their Corvette.
9) Corvette Pricing Revealed
I have read a number of posts with questions relative to the pricing of a new Corvette. Often times there have been answers posted and for the most part the answers have been incorrect.
In an attempt to clear up a few misunderstandings I have prepared an analysis for your information. I am in no way saying that a dealer should sell you a car at any specific price nor am I saying that a dealer is required to offer GM Supplier or GM Employee pricing. This post is for information only.
Example:
2004 Chevrolet Corvette Coupe
Preferred Equipment Package 1SB
6 Speed Transmission
Sound System with Navigation
Polished Aluminum Wheels
Z51 Performance Handling Package
Destination Charge
MSRP = $53,060.00
Dealer Invoice = $46,921.85
(assuming dealer participates in the GM advertising program at 1%)
Net Dealer Cost = $45,354.05
The difference between retail and dealer invoice is $6138.15.
The difference between invoice and net cost is $1567.80, the 3% holdback paid the dealership.
Dealerships typically won’t sell a car below the dealer invoice as the holdback is an amount used by the dealership for overhead expenses including but not limited to floor plan interest, insurance, etc.
DEALERS ARE NOT PAID A VOLUME BONUS BASED UPON WHAT THEY SELL AS SOME FOLKS HAVE POSTED!!!
Dealerships are businesses, owned by folks who need to make a profit to stay in business. There are many other expenses to pay. If you are employed personally or if you own a business I doubt that you will work without receiving a paycheck.
Finally, if a dealer is willing to sell a new Corvette equipped per the example to a GM Supplier or GM Employee, here are those prices:
GM Supplier = $46,927.24
(GM rebates the dealer $891. So with a invoice of $46,921.85, the dealer makes $896.39 plus the holdback)
GM Employee = $44,906.45
(GM rebates the dealer $2613. So with a invoice of $46,921.85, the dealer makes $597.60 plus the holdback)
10) GM Rebates/Special Finance Rates - Updated 8/2/05
Click here for all of the details!
http://temp.corvetteforum.net/c5/ken...centives.shtml
11) GM Employee and Supplier Plans
Update on Employee/Supplier/GM in the Driveway Plans
06-06, CORPORATE PROGRAM: 2006 MY GM EMPLOYEE PURCHASE PROGRAM
BAI20051503
PROGRAM NUMBER/NAME/TEMPLATE TYPE:
CORPORATE PROGRAM NUMBER: 06-06
CORPORATE PROGRAM NAME: 2006 MODEL YEAR GM EMPLOYEE PURCHASE PROGRAM
PROGRAM DESCRIPTION:
GM NEW VEHICLE PURCHASE PROGRAM:
GM NEW VEHICLE PURCHASE PROGRAM PROVIDES A SPECIAL VEHICLE PRICE TO PROGRAM PARTICIPANTS (I.E. GM EMPLOYEES, RETIREES, SURVIVING
SPOUSES AND ELIGIBLE FAMILY MEMBERS) WHEN AN ELIGIBLE VEHICLE IS
PURCHASED FROM A PARTICIPATING DEALER AT THE PRICES DESCRIBED
BELOW PLUS APPLICABLE TAX, TITLE AND REGISTRATION FEES.
GM EMPLOYEE ORDER/OUT OF STOCK PURCHASE PROGRAM (GMS):
-NEW UNITS INCLUDING UNITS USED AS DEMO AND DRIVER EDUCATION LOANERS
WITH A MAXIMUM OF 2,499 MILES, BUT EXCLUDING APPROVED CONVERTED
UNITS, ARE DELIVERED TO AN ELIGIBLE PROGRAM PARTICIPANT FROM
PARTICIPATING DEALER STOCK AT AN AMOUNT (I.E., RETAIL DEALER INVOICE
TOTAL LESS HOLDBACK AND ANY GM CO-OP ADVERTISING* AMOUNT PLUS $75)
DISPLAYED IN THE GMS FIELD ON THE GM VEHICLE INVOICE.
-ELIGIBLE UNITS UPFITTED BY AN APPROVED CONVERSION COMPANY ARE DELIVERED
TO THE ELIGIBLE PROGRAM PARTICIPANT FROM PARTICIPATING DEALER
STOCK AT AN AMOUNT (I.E., RETAIL DEALER INVOICE TOTAL LESS
HOLDBACK AND ANY GM CO-OP ADVERTISING* AMOUNT PLUS $75) DISPLAYED
IN THE GMS FIELD ON THE GM VEHICLE INVOICE PLUS A PRICE FOR THE UPFIT
THAT IS NEGOTIATED BY THE DEALER AND THE CUSTOMER.
-DEMO AND DRIVER EDUCATION UNITS WITH A MINIMUM OF 2,500
MILES AND A MAXIMUM OF 7,500 MILES:
VEHICLES ARE DELIVERED FROM PARTICIPATING DEALER STOCK AT AN
AMOUNT (I.E., RETAIL DEALER INVOICE TOTAL LESS HOLDBACK AND
ANY GM CO-OP ADVERTISING* AMOUNT PLUS $75) DISPLAYED IN THE
GMS FIELD ON THE VEHICLE INVOICE LESS A DISCOUNT NEGOTIATED
BY THE DEALER AND THE CUSTOMER.
* IDENTIFIED AS ACCOUNT 65A ON THE GM VEHICLE INVOICE.
GM COMPANY OWNED VEHICLE PURCHASE PROGRAM (PEP):
GM COMPANY OWNED VEHICLE PURCHASE PROGRAM PROVIDES
SPECIAL PRICING TO PROGRAM PARTICIPANTS (E.G., GM EMPLOYEES,
RETIREES, SURVIVING SPOUSES AND DEPENDENT CHILDREN UNDER THE AGE
OF 25) ON UNITS PREVIOUSLY USED IN THE GM COMPANY PRODUCTION
EVALUATION PROGRAM AS FOLLOWS:
PEP (GMU) UNITS ARE INVOICED AT MODEL, OPTION AND DESTINATION
FREIGHT (DFC) PRICES IN EFFECT ON THE DATE OF THE VEHICLE ORDER
LESS A MILEAGE DISCOUNT AND EXCLUDING HOLDBACK AND WHOLESALE
FLOORPLAN. THE ELIGIBLE PROGRAM PARTICIPANT PAYS GM INVOICE
TOTAL FOR THE VEHICLE PLUS APPLICABLE TAX (INCLUDING LUXURY TAX),
TITLE AND REGISTRATION FEES.
PROGRAM TIME PERIOD (DELIVERED):
OCTOBER 1, 2005 THROUGH SEPTEMBER 30, 2006
ELIGIBLE MODELS/REQUIRED OPTIONS/ORDER TYPES AND ALLOWANCES:
ELIGIBLE MODELS:
ALL NEW AND UNUSED 2005, 2006 AND 2007 MODEL YEAR BUICK, CADILLAC,
CHEVROLET, HUMMER AND PONTIAC-GMC PASSENGER CARS AND LIGHT DUTY
TRUCK MODELS **EXCLUDING HUMMER H1**.
NOTE: CERTAIN MODELS MAY BE PERIODICALLY EXCLUDED. IN THOSE
INSTANCES, DEALERS ARE NOTIFIED THROUGH AN ADDENDUM TO THIS
ADMINISTRATIVE MESSAGE.
06-06ADD. ADDENDUM TO THE 2006 MY GM EMPLOYEE PURCHASE PROGRAM
BAI20051524
PROGRAM NUMBER/NAME/TEMPLATE TYPE:
PROGRAM NUMBER: 06-06ADD
PROGRAM NAME: ADDENDUM TO THE 2006 MODEL YEAR GM EMPLOYEE
PURCHASE PROGRAM
THIS IS AN ADDENDUM TO PROGRAM NUMBER 06-06-*, ADMIN. MESSAGE NUMBER
BAI20051503-**.
EFFECTIVE OCTOBER 1, 2005, THE 2005 CORVETTE IS NO LONGER RESTRICTED
FROM THE GM EMPLOYEE PURCHASE PROGRAM.
THE FOLLOWING VEHICLE IS RESTRICTED FROM THE "GMS" PORTION OF THE
GM EMPLOYEE PURCHASE PROGRAM:
CHEVROLET: RESTRICTION EFFECTIVE DATE:
2006 CORVETTE Z06 SEPTEMBER 7, 2005
SEE PROGRAM 06-06-* FOR COMPLETE DETAILS.
THIS IS THE END OF PROGRAM NUMBER 06-06ADD.
06-10, CORPORATE PROGRAM: 2006 MY GM SUPPLIER DISCOUNT PROGRAM
BAI20051505
PROGRAM NUMBER/NAME/TEMPLATE TYPE:
CORPORATE PROGRAM NUMBER: 06-10
CORPORATE PROGRAM NAME: 2006 MODEL YEAR GM SUPPLIER DISCOUNT PROGRAM
PROGRAM DESCRIPTION:
IF THE GM DEALER ELECTS TO PARTICIPATE IN THE PROGRAM, GENERAL MOTORS
SUPPLIER DISCOUNT PROGRAM ALLOWS ELIGIBLE EMPLOYEES OF GM SUPPLIERS
TO PURCHASE ELIGIBLE GM VEHICLES AT A GM ESTABLISHED PRICE (I.E., 4.5%
ABOVE THE "GMS PRICE"). BOTH THE GMS PRICE AND SUPPLIER PRICE ARE
STATED ON THE INVOICE. ANY DEALER INSTALLED OPTION, CONVERSION/UPFIT
PACKAGE, GENERAL MOTORS PROTECTION PLAN OR OTHER EXTRA CHARGE ITEM WILL
BE DELIVERED AT A PRICE AGREED UPON BETWEEN THE SUPPLIER AND THE DEALER.
DEMO AND DRIVER EDUCATION UNITS WITH A MINIMUM OF 2,500 MILES AND A
MAXIMUM OF 7,500 MILES:
VEHICLES ARE DELIVERED AT 4.5% ABOVE THE "GMS PRICE" ON THE VEHICLE
INVOICE LESS A DISCOUNT NEGOTIATED BY THE DEALER AND THE PURCHASER.
FOLLOWING RETAIL DELIVERY OF THE VEHICLE, GENERAL MOTORS WILL CREDIT
THE PARTICIPATING DEALER 2% OF MODEL AND OPTION NET COST LESS $75 FOR
ASSISTING IN THE VEHICLE SALE PROVIDED THE VEHICLE WAS DELIVERED TO
THE SUPPLIER AT THE ESTABLISHED PRICES REFERENCED ABOVE.
PROGRAM TIME PERIOD (DELIVERED):
OCTOBER 1, 2005 THROUGH SEPTEMBER 30, 2006
ELIGIBLE MODELS/REQUIRED OPTIONS/ORDER TYPES AND ALLOWANCES:
ELIGIBLE MODELS:
ALL NEW AND UNUSED 2005, 2006 AND 2007 MODEL YEAR BUICK, CADILLAC,
CHEVROLET, HUMMER AND PONTIAC-GMC PASSENGER CARS AND LIGHT DUTY
TRUCKS **EXCLUDING HUMMER H1**.
NOTE: CERTAIN MODELS MAY BE PERIODICALLY EXCLUDED. IN THOSE
INSTANCES, DEALERS ARE NOTIFIED THROUGH AN ADDENDUM TO THIS
ADMINISTRATIVE MESSAGE.
06-10ADD, ADDENDUM TO THE 2006 MY GM SUPPLIER DISCOUNT PROGRAM
BAI20051526
PROGRAM NUMBER/NAME/TEMPLATE TYPE:
PROGRAM NUMBER: 06-10ADD
PROGRAM NAME: ADDENDUM TO THE 2006 MODEL YEAR GM SUPPLIER
DISCOUNT PROGRAM
THIS IS AN ADDENDUM TO PROGRAM NUMBER 06-10-*, ADMIN. MESSAGE NUMBER
BAI20051505-**.
EFFECTIVE OCTOBER 1, 2005, THE 2005 CORVETTE IS NO LONGER RESTRICTED
FROM THE GM SUPPLIER DISCOUNT PROGRAM.
THE FOLLOWING VEHICLE IS RESTRICTED FROM THE GM SUPPLIER DISCOUNT
PROGRAM:
CHEVROLET: RESTRICTION EFFECTIVE DATE:
2006 CORVETTE Z06 SEPTEMBER 7, 2005
SEE PROGRAM NUMBER 06-10-* FOR COMPLETE DETAILS.
THIS IS THE END OF PROGRAM NUMBER 06-10ADD.
06-13 CORPORATE PROGRAM: 2006 MY “GM IN THE DRIVEWAY PROGRAM
BAI20051511
PROGRAM NUMBER/NAME/TEMPLATE TYPE:
CORPORATE PROGRAM NUMBER: 06-13
CORPORATE PROGRAM NAME: 2006 MY "GM IN THE DRIVEWAY" PROGRAM
PROGRAM DESCRIPTION:
THIS IS THE GENERAL MOTORS REFERRAL PROGRAM WHERE SELECT
EMPLOYEES AND RETIREES CAN PASS ALONG TO FRIENDS, NEIGHBORS AND
SELECT FAMILY MEMBERS AN AUTHORIZATION NUMBER WHICH ALLOWS THEM
TO PURCHASE OR LEASE AN ELIGIBLE NEW AND UNUSED GM MODEL DETAILED
IN GUIDELINE NUMBER 4 BELOW AT A FORMULA PRICE.
IF THE GM DEALER ELECTS TO PARTICIPATE IN THE PROGRAM, THE
AUTHORIZATION NUMBER WILL ALLOW THE CUSTOMER TO PURCHASE THE ELIGIBLE
VEHICLE AT THE SUPPLIER DISCOUNT PROGRAM PRICE (I.E., 4.5% ABOVE THE
"GMS PRICE"). THE SUPPLIER PRICE IS STATED ON THE INVOICE AND SHOULD
BE SHARED WITH THE CUSTOMER. ANY DEALER INSTALLED OPTIONS,
CONVERSION/UPFIT PACKAGE, GENERAL MOTORS PROTECTION PLAN OR OTHER EXTRA
CHARGE ITEMS WILL BE DELIVERED AT A PRICE AGREED UPON BETWEEN THE
CUSTOMER AND THE DEALER.
DEMO AND DRIVER EDUCATION UNITS WITH A MINIMUM OF 2,500 MILES AND A
MAXIMUM OF 7,500 MILES:
- VEHICLES ARE DELIVERED AT THE SUPPLIER PRICE ON THE VEHICLE
INVOICE LESS A DISCOUNT NEGOTIATED BY THE DEALER AND THE PURCHASER.
FOLLOWING RETAIL DELIVERY OF THE VEHICLE, GENERAL MOTORS WILL CREDIT
THE PARTICIPATING DEALER 2% OF MODEL AND OPTION NET COST LESS $75 FOR
ASSISTING IN THE VEHICLE SALE PROVIDED THE VEHICLE WAS DELIVERED TO
THE CUSTOMER AT THE ESTABLISHED PRICES REFERENCED ABOVE.
PROGRAM TIME PERIOD (DELIVERED):
OCTOBER 1, 2005 THROUGH SEPTEMBER 30, 2006
ELIGIBLE MODELS/REQUIRED OPTIONS/ORDER TYPES AND ALLOWANCES:
ELIGIBLE MODELS:
ALL NEW AND UNUSED 2005, 2006 AND 2007 MODEL YEAR BUICK,
CADILLAC, CHEVROLET, HUMMER AND PONTIAC-GMC PASSENGER CAR AND
LIGHT DUTY TRUCK MODELS *EXCLUDING HUMMER H1*.
12) Weekly Constraint/Production News – UPDATED 10/12/05
Weekly Constraint/Production News - UPDATED
Constraints are distributed based on Available Days’ Supply (ADS), Controlled Method or Percent of Allocation (POA). Dealers can use the weekly constraint wire to see the basic availability of an option. The percentages on the weekly constraint wire are estimated based on the national retail number of the constrained option divided by the amount of retail orders being allocated for the week.
Chevrolet Constraint Wire for 10/13/05
2006 CORVETTE
00889, Z51 Package, 68
This option has NOT been dropped but it will be constrained for the entire model year due to CAFÉ restrictions. The quantity available will vary throughout the year.
Orders approved this week will be produced the week of 11/7/05 – 11/13/05
2006 CORVETTE Z06
00602 Corvette Z06 QL9 Polished Wheels, 130
This option is being constrained based upon supplier capacity.
Orders approved this week will be produced the week of 11/7/05 – 11/13/05
Thanks for taking the time to read my weekly newsletter and thanks for your business!
I am sorry that I haven’t published a newsletter for a couple of weeks. I have been out of state attending a conference as a motivational speaker. I am leaving again this weekend to attend the GM National Business Conference.
There are several new items contained in this newsletter.
PLEASE NOTE:
I will be out of the office Saturday thru Tuesday, October 15 thru 18. I will answer all of my email and voicemail when I return on Wednesday!
GM Protection Plan News and FAQ:
Save $$$$ TODAY!
Dennis Fichtner has slashed our profit margin on the plan thru the end of the year because he is in a sales contest! GM might increase prices AGAIN on December 31: You can beat the price increase, get the lowest price ever, and not pay sales tax on a GM Protection Plan!!
MAKE SURE TO TELL DENNIS THAT YOU WERE REFERRED TO HIM FROM THIS WEBSITE FOR SPECIAL PRICING NOT OFFERED TO ANYONE ELSE!
Save $$$$ TODAY!
For help with a GM Protection Plan call Dennis Fichtner at 800-234-5284 or email him at: gmpp@fichtnerchevrolet.com
Parts, Accessories and Service News:
GM is releasing new items for the 2005 and 2006 Corvettes weekly!
Here are just some of the items that have in stock and on sale at dealer wholesale:
Lexol Liquid Cleaner
Lexol Cleaner Wipes
Lexol Conditioner Cleaner
Lexol Conditioner Wipers
UPF44 Oil Filters
Magnetic Drain Plugs
Air Filters
Corvette Service Manuals
Lloyds Embroidered Cargo Area Mats
Lloyds Embroidered Floor Mats
Stainless Rear Letters
Stainless Side Grilles
Painted Door Handles
Chrome Door Handles
Painted Rear Spoiler
Painted Rear License Frame
Painted Fuel Rail Covers
Front Bra
Remote CD Changer
Rear Cargo Storage Unit
Seat Back Storage Pouchs
Painted Interior Trim Package
Color Keyed Shifter and Emergency Brake Boots
Brushed Aluminum Door Sills
Stainless Steel Exhaust Screen
GM Performance Exhaust System (Borla)
Corsa Exhaust System
Note that we aren’t selling parts at a loss and then adding an exhorbidant amount for shipping and handling. Further, note that there isn’t any sales tax in Montana thus saving you more!
For help with parts and accessories call Robert Wendorff at 800-234-5284 or email him at: parts@fichtnerchevrolet.com
Dealership news:
Fichtner Chevrolet was founded in 1953 by my grandfather, Theodore Fichtner.
My father, Leonard Fichtner, became the dealer in 1961.
On June 8, 2005, I, Kenneth Fichtner, became the dealer. I am as you can see, the 3rd generation!
Fichtner Chevrolet personnel directory:
GM Protection Plans and New Car/Truck Sales:
Dennis Fichtner, Business Manager
gmpp@fichtnerchevrolet.com
406-628-4618 Ext 105
Corvette Sales and Advice
Ken Fichtner, Dealer
kenfichtner@fichtnerchevrolet.com
406-628-4618 Ext 103
Parts:
Robert Wendorff, Parts Manager
Parts@FichtnerChevrolet.com
406-628-4121
John Thomas Dorsey, Parts Specialist
Parts@FichtnerChevrolet.com
406-628-4121
Service:
Maudie Merck, Service Manager
Service@FichtnerChevrolet.com
406-628-4618
Office Administration/Accounting:
Kayla Eastlick
KEastlick@FichtnerChevrolet.com
406-628-4618
Thanks for taking the time to read my weekly newsletter and thanks for your business!
Index of topics:
Weekly Newsletter – Contents (everything updated!)
1) The latest news from GM – UPDATED
2) Something new for 2006 models produced after October 16! - NEW
3) New Corvette Accessories Released - UPDATED
4) 2006 Corvette Ordering and Production News
5) 2006 Corvette Order Guides
6) 2006 Corvette Z06 Allocation Information
7) 2006 Corvette Z06, Coupe and Convertible Pricing
8) 2006 Corvette Press Release
9) Corvette Pricing Formula Revealed
10) GM Rebates/Special Finance Rates - UPDATED
11) GM Employee & Supplier Plan - UPDATED
12) Weekly Constraint/Production News - UPDATED
1) The latest news from GM and Chevrolet
Date: October 12, 2005
To: All Chevrolet Dealers
Subject: Chevrolet Top Five Countdown
The good news from the bowtie division continues. Our race for industry leadership marches on and our HHR and Impala launches are off to excellent starts. In addition, Chevy has now revealed its next all-new launch vehicle, the 2007 Tahoe. Finally, Chevrolet continues to have great stories to tell regarding our outstanding quality. From this wide range of topics, the following stories were selected for this edition of Chevrolet's Top Five Countdown.
1. CHEVROLET IS THE BEST-SELLING BRAND IN AMERICA. Chevrolet remains the industry sales leader through nine months of this year. Chevrolet sales have totaled 2,120,124 deliveries through September. This total has put Chevrolet 29,286 sales ahead of Ford Division through the first nine months of this year. Let's continue to fight for every sale in order to maintain our lead in the fourth quarter.
2. HHR AND IMPALA ARE GAINING SALES MOMENTUM. Regardless of what part of the country you go to, Chevrolet dealers are in agreement: the Impala and HHR are off to a fantastic start. The turn rates on both of these vehicles are moving at a terrific pace. Thank you to all Chevrolet dealers for their efforts to ensure these vehicles got out of the gates so quickly.
Here is just a sample of recent comments made about these launch vehicles…
Impala
"It also helps to offer something novel, and Impala does: flip-and-fold rear seat cushions. Lift one or both of the bottom cushions and flip them forward against the backs of the front seats to expose a stowage compartment large enough to hold a laptop computer or slim purse--the opening is only 4 inches deep.
Or leave the seat bottoms against the backs of the front seats and lower the rear seat backs to create an extended cargo hold for items that don't all fit in the trunk. Nice touch." Jim Mateja, Chicago Tribune, September 18
HHR
"HHR is even exceeding my expectations and my expectations were very high."
Bob Lutz, GM Vice-Chairman, in the Detroit News on September 30
3. 2007 CHEVY TAHOE GOES TO TEXAS. At the end of September, Ed Peper, Chevrolet General Manager, and Gary White, Vice President GMNA & Vehicle Line Executive for Full-size Trucks, introduced the 2007 Tahoe to approximately 50 Texas journalists. The event was held at Gilley's, the famous Dallas country-western entertainment venue and was timed to mark the opening of the State Fair of Texas.
The 2007 Tahoe significantly raises the bar on a vehicle that already has achieved legendary status. Ed Peper shared his views on Chevrolet's latest launch vehicle…
"Tahoe is known for delivering whatever its customers want, whenever they want to do it – a hard-earned reputation reflected in countless independent quality studies, buying guide recommendations and customers who have returned to buy another vehicle," said Peper. "The '07 model enhances the attributes that have made Tahoe the industry's best-selling full-size SUV and improves them with dramatically increased attention to detail in smoothness, quietness and refinement. We believe it is simply the best Tahoe yet."
4. 2007 TAHOE: IMPROVED EFFICIENCY. In the coming weeks, you will learn much more about the awesome features and customer benefits offered on the 2007 Tahoe including its improved efficiency. For example, the 2007 Tahoe offers a new Gen IV small-block V-8 that provides more power than comparable powertrains in previous models. In addition, fuel-saving Displacement-On-Demand technology enables better fuel economy. When combined with other vehicle-wide features, including improved aerodynamics, the small-block V-8 continues to give the Tahoe the segment's best fuel economy. Preliminary testing with 5.3L-equipped models shows unadjusted combined fuel economy ratings of 20.5 mpg with 2WD models and 20.1 mpg with 4WD models. That's better fuel economy than any other full-size SUV.
5. CHEVY: MORE DEPENDABILITY AWARDS THAN ANY OTHER BRAND. J.D. Power and Associates released their September 2005 Power Report. This special report provides a cross-divisional look at GM and Chevrolet's achievements in the areas of initial quality and vehicle dependability. The report includes the following highlights:
•GM produces the highest inital quality among the 84 plants located in North and South America based on the J.D. Power & Associates 2005 Initial Quality StudySM (IQS).
•GM earned 16 quality and dependability awards; more long-term dependability awards that any other manufacturer.
•Chevrolet earned more dependability awards than any other brand.
•Suburban was the highest ranked full-size SUV in initial quality for the third consecutive year.
•Malibu/Malibu Maxx was the highest ranked entry midsize in initial quality and was also the most dependable entry midsize car.
•Silverado HD was the most dependable heavy-duty full-size pickup and the only model in the segment to exceed the industry average.
Please visit http://www.gm.com/company/onlygm/ for your link to the entire report.
Big 3 sales stall
DETROIT -- Big 3 auto dealership sales have dropped off a cliff this month after the end of employee pricing programs.
Ford Motor Co. and General Motors switched to promoting value pricing strategy, meant to replace incentives with lower sticker prices. The Chrysler group has been following a similar strategy for several years.
Dealers say the first two weeks of October have been the slowest they've experienced in years with little to no traffic or sales.
"I didn't think it could get much slower than September, but it's definitely slower," says Gordon Stewart, president of Stewart Management Group in Harper Woods, Mich., which has several GM stores.
GM has incentives on selected vehicles. But Stewart questions whether GM can avoid a high-profile national incentive program: "The word is that they're supposed to let the value pricing ride for 90 days, but the question is, do they have that kind of staying power?"
Jon Myers, owner of Naples Dodge in Naples, Fla., and chairman of the Dodge National Dealer Council, said, "It is pretty slow. It is a number of factors: the hurricane, the gas prices, coming off employee pricing, the continuation of the raising of interest rates.
"That is what everybody is saying. It is slow out there," Myers says.
Ford dealer Maureen Joyce, owner of Joyce Ford Inc. in Chicago, says, "I think we're in for a rough ride.
She asked with a laugh: "What sales? "It's not starting out well. It's not horrific yet."
"We kind of anticipated that it would start getting scary."
Joyce said that in the next incentive program, "The cars will be free. You'll just have to pay sales tax -- I mean what else can you do?"
Jim Satterthwaite, owner of Knopf Chrysler Jeep in Ambler, Penn., says sales are the worst in a generation: "My family has been in this business since 1974, and this is about as scared as I have been."
"We had a great July and good August by pulling ahead. We are in a little bit of a payback mode," he says. "The price of fuel and the uncertainty of where the economy is headed is really putting a lid on it."
Dealer Howard Drake says traffic and sales at his Hummer store are good, "OK" at his Saab store and slow at his Cadillac dealership. Drake is co-owner of Casa Automotive Group in Sherman Oaks, Calif.
"The value promise is a good deal and it makes sense, but we didn't get anything repriced in Cadillac," Drake says. "For us, many Cadillac dealers are having a tough time in understanding what value pricing is."
Richard Klaben, a principal in the Klaben Auto Stores of Kent, Ohio, says customers are delaying major purchases.
People think, "Now is not a good time," says Klaben, who sells Chrysler, Jeep, Dodge, Ford and Lincoln Mercury.
Employee discount pricing pulled sales ahead, he says. "At the end of the year, we will be no further ahead or behind than if we had never had the family plan," Klaben says.
"In the long run, it probably hurt us because we spent too much time talking about family plan pricing rather than the positives of the brands," Klaben says.
"Manufacturers put all of their eggs and dollars on one message instead of spending money to sell the brand and increase consideration level for the brand," he says. "Now we see what the payback is.
"It is not that people can't afford to get into the market," Klaben says. "It is that they don't want to. They don't feel good about it. It is more a product of watching the evening news than what is really happening in their personal life. Every layoff gets magnified 10 times."
Big trouble for big SUVs
Sales plummet and used-ute prices slide, but used Corollas actually gain value
Last July, Chevrolet dealer Tim Walters took a 2003 Ford Expedition in trade. He's still waiting for a buyer. While high gasoline prices are scaring away buyers of large SUVs, used small cars, in a stunning reversal, are holding value.
NEWS ANALYSIS: Fire sales fizzle out in Sept.
Low stocks hurt Big 2; sales rise for imports and Chrysler group
In September, General Motors and Ford Motor Co. learned that it takes more than fire-sale prices to move cars and light trucks. And foreign automakers found that their old-fashioned merchandising procedures are still pretty darn good.
SALES TALES: The SUV world hasn't collapsed -- yet
Gasoline prices are sky-high and mpg is in the pits, so let's take a look at how the SUV segment is faring. The answer: not so great. But the situation is not as bad as September's sales figures would lead you to believe.
Rebates haven't disappeared
The Big 3 posted their fourth-quarter rebates last week with payments to buyers as high as $6,000 and interest rates from 0 to 6.75 percent. The much-discussed move away from rebates simply did not happen, except for General Motors' 2005 models.
HHR is hot, so GM raises target again
Automaker looks at boosting production to 120,000 annually
General Motors believes it has a hit with the new Chevrolet HHR wagon but must figure out how to build more of them. Robert Lutz, GM's vice chairman for product development, says GM plans to produce 120,000 HHRs annually.
GM expects flat SUV sales
DETROIT -- General Motors' next generation of SUVs will debut with significant gains in fuel efficiency, safety, sophistication and design, the automaker promises.
But GM doesn't think that will mean a huge spike in sales.
GM, which unveiled its 2007 Chevrolet Suburban and Tahoe as well as the GMC Yukon and Cadillac Escalade to journalists on Tuesday, is projecting sales to maintain current levels.
"It is realistic to assume the segment won't grow," said Robert Lutz, GM's vice chairman of global development.
GM says it owns 60 to 62 percent of a 750,000-unit segment and leads in certain sales categories, including the large-luxury market.
Lutz said even with gasoline prices at record levels, GM's market share and the segment volume should hold steady, but not significantly improve the way the segment did at the beginning of the decade.
"People are still going to buy full-sized sport-utilities at $3 a gallon. But even at $3 a gallon, it's 750,000 people a year. It's not going to go to a million," Lutz said. "Two years ago we would have told you the segment is going to go to a million vehicles. It's not going to do that. It's leveled off.
"We think 750,000 (units) is the best prediction based on today's fuel prices. I think we may maintain our volume at other people's expense, even if the segment shrinks a little bit."
GM says its new SUVs, built on the company's GMT 900 architecture, will offer a number of advantages, including:
• Increased horsepower and better fuel economy with the addition of cylinder deactivation and six-speed automatic transmissions
• Better ride and handling with wider front and rear tracks and an all-new fully boxed frame
• More refined interiors with premium materials, flush fits and noise-reducing materials
• Innovations such as power-assisted liftgates, power fold-and-tumble second-row seats, power running boards and touch-screen navigation.
GM says its Tahoe, Yukon and Escalade will be available in the first quarter next year. The Suburban and Avalanche, Yukon XL Denali, Escalade ESV and EXT will be available in the second quarter.
Lutz said while it is too early to discuss pricing, GM plans to use its "Total Value Promise" on its new SUVs. That value pricing strategy aims to minimize incentives with a lower sticker price and, in some vehicles, more standard equipment.
2) Something new for 2006 models produced after October 16!
Subject: New Corvette Customer Welcome Letter
Message: CHS20050075
Corvette Customer Welcome Letter and PDI Importance (U.S. Only)
Models: 2006 Chevrolet Corvette
Built After October 16, 2005
Beginning with October 17th production, the Bowling Green assembly plant will be putting a customer welcome letter in the center console of each new Corvette. The letter welcomes the owner into the Corvette family and emphasizes the technology and performance built into the new Corvette. This letter should be presented to the purchaser at the time of delivery. Please also stress the importance of reading the Getting-to-Know-You Guide and the instructional DVD or CD to help get the customer get the most from their vehicle.
The Corvette is a world class premium sports car. Make sure to capitalize on high Customer Satisfaction Scores by delivering a pristine vehicle that has had careful attention to ALL aspects of the PDI process. For specific information, refer to Corporate Bulletin Number♦03-00-89-006C.
3) New Corvette Accessories Released
Genuine Corvette Accessories
Introducing "NEW" to the accessory portfolio:
The following new products are now available.
Rear Cargo Organizer - C6 Coupes
Additional colors for the door handles, interior trim pieces, front and rear license plate holders
Painted Fuel Rail Covers
Remote CD Changer
4) 2006 Corvette Ordering and Production News
Corvette
2006 Corvette Z06
• 2006 Z06 production started with ship to commerce beginning soon.
• Performance data on 2006 Z06 released this week as follows:
• 1/4 mile = 11.7 seconds at 125 mph
• 198 mph top speed
• 1.04 lateral g
• Fuel economy = 16 city/26 highway making 2006 Z06 the only 505 hp car with no federal gas guzzler tax
2006 Corvette Coupe and Convertible
• New features for 2006 include:
• 6 speed paddle shift transmission with automatic modes
• Smaller diameter 3-spoke steering wheel
• XM Satellite Radio included with Bose audio systems and features hidden antenna
• Order guides will be available
• Pricing will be released
• The Gray (37T) Convertible Top, introduced in 2005 MY, has been carried over for 2006 and will be available for ordering in beginning August 19, 2005.
5) 2006 Corvette Order Guides
Order guides are now available.
Click here for the 2006 Coupe:
http://temp.corvetteforum.net/c5/ken.../2006coupe.pdf
Click here for the 2006 Convertible:
http://temp.corvettefourm.net/c5/ken...onvertible.pdf
Click here for the 2006 Z06:
http://temp.corvetteforum.net/c5/ken...rder_guide.pdf
6) 2006 Corvette Z06 Allocation Information
Corvette Z06 Allocation Plan
The 2006 Corvette Z06 allocation plan is a 2 phase process. While the details of each phase are shown below, there are some key points worth noting. First, not every Certified Corvette Dealer will receive a 2006 Corvette Z06 model. The Z06 model will have its own allocation group - Z06. And, Corvette Z06 retail production will be allocated to eligible Corvette Dealers using the most current 52-week total retail Corvette sales.
• Dealers will be able to view current month allocation plus one month outlook
• Each Dealer will be mailed a six month allocation outlook
• In December, a four month outlook will be communicated based on the most current 52-week sales history
• In April 2006, distribution will provide the balance of model year outlook based on the latest 52-week sales history for buildout
• The above steps were established to discourage over commitment/selling
Phase I Details
• Dealers will be placed in Tiers based on their 52 weeks of retail Corvette sale
history (June 2004 - May 2005) for the first 3 consensus cycles.
- Tier 1 will be comprised of the 25 largest volume Corvette Dealers
- Tier 2 will include the largest 125 Corvette Dealers
- Tier 3 will expand to include the largest 300 Corvette Dealers
• Initial consensus:
- June 2005 (for production week 33)
- Exclusively to Tier 1 Dealers using the June 2004 - May 2005 sales history
• Second consensus:
- July 2005 (for production weeks 34 - 36)
- Exclusively to Tier 1 & 2 Dealers based on the launch sales data
• Third and final Phase I consensus:
- August 2005 (for production weeks 37 - 40)
- Distributed to Tier 1, 2 & 3 Dealers
• Consensed allocations will be "protected", so that Dealers cannot accidentally
loose their allocations. Pattern Z06 orders will be created as necessary during
weekly DOSP cycles.
Phase II Details
• Eliminates the assignment of Dealer Tiers. All Certified Corvette
Dealers with a June 2004 - May 2005 sales history will be comprehended
in the balance of allocation calculations.
• The allocation determined by the same formula in phase 1
• Begins with the September 2005 consensus (for production weeks 41 - 45)
• Due to the limited production of the Z06 model there will be no
guarantee that each Certified Corvette Dealer will receive allocation
for a Z06 model
• Consensed allocations will continue to be "protected", from accidental
loss. Pattern Z06 orders will be created as necessary during weekly
DOSP cycles.
• Z06 will not qualify for PEP, but will be eligible for EVP Drive & Buy
and GMS/Supplier when the current incentive program expires
Don’t be misled by your dealer!
Please note that EVERY Chevrolet dealer received a letter from the Corvette Marketing Team dated June 15, 2005.
Before you place an order and give a deposit to your dealer of choice based upon what they tell you, ask to see this letter!!!!
Have a successful day,
Ken Fichtner
Fichtner Chevrolet
Here’s what the letter says:
XXXXXX
XYZ Chevrolet
123 Main Street
Anywhere, MT XXXXX
Attention: Dealer Operator and New Car Sales Manager
Subject: Corvette Z06 Allocation Projection
An integral part of the 2006 Corvette Z06 distribution plan is to provide an extended allocation projection to all eligible Corvette dealers. This is a projection and not a commitment, but is intended to assist dealers in managing customer expectations in line with dealer allocation.
Below is your dealership’s projected allocation of Z06 through December 2005 production. A second extended projection will be provided in December. Please keep in mind that this allocation projection is based on an estimated production schedule and therefore must continue to be considered as a projection and is not to be considered an absolute commitment.
Your Z06 Estimated Allocations:
July August September October November December
# # # # # #
If a dealer chooses not to consent to their Z06 allocation that allocation will be redistributed to another eligible dealer during the variance resolution and will not be rolled forward nor will it be converted to regular Corvette allocation.
Note: Complete details of the Z06 Distribution Plan are available in Chevylaunch.com
CORVETTE MARKETING TEAM
7) 2006 Corvette Z06/Coupe/Convertible Pricing
2006 CHEVROLET INTRODUCTION PRICES!
CHEVROLET IS PLEASED TO ANNOUNCE INTRODUCTORY PRICES FOR THE 2006 MODEL YEAR CORVETTES.
SPECIFIC PRICING INFORMATION INCLUDING DEALER INVOICE, DEALER PRICE AND DESTINATION CHARGES ARE AVAILABLE IN GM DEALERWORLD UNDER SALES &/OR F&I TABS.
GENERAL MOTORS BAILMENT PROCEDURES FOR THE SHIPMENT OF EARLY NEW MODEL VEHICLES REMAINS UNCHANGED FROM 2005 MODEL YEAR. PLEASE REFER TO GM DEALER BULLETIN 03-15 DATED JULY 18, 2003 FOR DETAILS. PRICES, DESTINATION CHARGES AND OTHER TERMS OF SALE APPLICABLE TO ANY MOTOR VEHICLE MAY BE CHANGED AT ANY TIME.
THIS PRICING INFORMATION WILL BE REFLECTED IN GM AUTOBOOK ON GM ACCESS AT A LATER DATE.
2006 MODEL YEAR VEHICLE PRICE SCHEDULE
EFFECTIVE WITH START OF 2006 MODEL YEAR PRODUCTION
Description MSRP
1YY87 Corvette Z06 2 Door $65000.00
Destination $800.00
Preferred Equipmt Pkg 1LZ $0.00
Preferred Equipmt Pkg 2LZ $2900.00
Museum Delivery $490.00
LeMans Blue Metallic $300.00
Velocity Yellow $750.00
AM/FM with Navigation $1600.00
AM/FM 6 Disc CD, XM Satellite $1740.00
Polished Aluminum Wheels $1295.00
2006 MODEL YEAR VEHICLE PRICE SCHEDULE
EFFECTIVE WITH START OF 2006 MODEL YEAR PRODUCTION
Description MSRP
1YY07 Corvette 2 Door Coupe $43800.00
1YY67 Corvette 2 Door Conv $51535.00
Destination $800.00
Preferred Equipmt Pkg 2LT-Cpe $1495.00
Preferred Equipmt Pkg 2LT-Conv $0.00
Preferred Equipmt Pkg 3LT-Cpe $4795.00
Preferred Equipmt Pkg 3LT-Conv $3395.00
Power Convertible Top $1995.00
Museum Delivery $490.00
OnStar Communications $695.00
Z51 Performance Handling Pkg $1695.00
LeMans Blue Metallic $300.00
Velocity Yellow $750.00
Monterey Red Metallic $750.00
AM/FM with Navigation $1600.00
Dual Roof Panels Package $1400.00
Transparent Roof Panel Only $750.00
Magnetic Selective Ride Control $1695.00
6 Speed Manual Transmission $0.00
6 Speed Paddle Shift Auto Trans $1250.00
Polished Aluminum Wheels $1295.00
Competition Gray Aluminum Wheel $295.00
Chrome Aluminum Wheels $1995.00
8) 2006 Corvette Press Release
For Release: Aug. 1, 2005
CHEVROLET CORVETTE
New for 2006 (September 2005 start of production)
• 6-speed Paddle Shift automatic transmission available on Coupe and Convertible
• Three-spoke, 370 mm (9.4 in) diameter steering wheel
• Advanced dual-stage frontal air bags with GM Passenger Sensing System
• XM Satellite Radio included with Bose stereo (48 states)
• Two exterior colors: Velocity Yellow Tintcoat and Monterey Red Metallic Tintcoat
• Titanium gray interior color
• Storm Gray convertible top color
Performance enhancements also are found on ’06 Coupe and Convertible models, with the availability of a new electronically controlled 6-Speed Paddle Shift transmission with automatic modes. The transmission has three driving modes – Drive, Sport and Paddle Shift – and a wide, 6.04:1 overall ratio that enables a balance of stirring acceleration and excellent fuel economy.
Other changes for 2006 Corvettes include a new three-spoke, 370-mm-diameter (9.4 inches) steering wheel. The wheel is smaller in diameter than the previous steering wheel, allowing the driver to maintain a “tighter” feel on the wheel and help improve turn-in response. The three-spoke design is characteristic of a sporty design that is being implemented in other performance-oriented Chevrolet vehicles.
Here’s a look at the rest of Corvette’s changes for ’06:
GM Passenger Sensing System – Replacing the previous manually controlled air bag switch, all ’06 Corvettes come with advanced dual-stage frontal air bags with GM’s Passenger Sensing System (PSS). PSS uses the latest sensing technology to turn the front passenger air bag on or off. If the sensor system detects an unoccupied front passenger seat or the presence of a smaller occupant, the front passenger air bag is designed to automatically turn off so it would not deploy in the event of a frontal collision. A status indicator on the inside rearview mirror alerts occupants that the passenger air bag is on or off.
XM Satellite Radio combined with Bose audio – For vehicles sold in the 48 contiguous states, XM Satellite Radio is included with the uplevel Bose audio system. The XM radio antenna is “hidden,” allowing for a smoother exterior appearance.
New exterior colors – Velocity Yellow Tintcoat and Monterey Red Metallic Tintcoat join the Corvette’s color palette, replacing Millennium Yellow and Magnetic Red Metallic. (Monterey Red Metallic Tintcoat is not available on Z06.) The color changes were implemented on late-2005 models.
New interior color – Titanium Grey replaces Steel Grey as one of Corvette’s interior color choices.
New convertible top color – Storm Grey replaces Grey as a color choice for convertible tops.
6-Speed Paddle Shift automatic details
The new electronically controlled 6-Speed Paddle Shift automatic transmission is one of the most technologically advanced transmissions in the industry, featuring clutch to clutch operation, manual control shift operation and an integrated 32-bit electronic controller. A wide, 6.04:1 overall ratio helps deliver exciting acceleration performance along with excellent fuel economy.
The six forward gears have smaller “steps” between them, which enhances the feeling of performance and smoothness. The smaller steps also enable a steep, 4.02:1 first gear, which provides an improved-performance launch feel when compared with the previous four-speed automatic’s 3.06:1 first gear. There are two overdrive gears: a 0.85:1 ratio in fifth gear and a 0.67:1 ratio in sixth. The final drive ratio of Corvette models equipped with the new transmission is 2.56:1.
Technological sophistication is exemplified by two electronically controlled automatic modes, Drive and Sport; plus manual Paddle Shift. The Drive mode follows a specific shift schedule of predetermined shift points, while the Sport mode enables Performance Algorithm Shifting (PAS). PAS modifies shift patterns when performance driving is recognized by the controller. The Drive mode optimizes shifts for smoothness, while the Sport mode enables firmer shifts for better performance. With the Paddle Shift mode, gear changes are made with manual control paddles located on the steering wheel.
The performance and functions of the six-speed paddle shift transmission with automatic modes are guided by an integrated controller. The controller is located inside the transmission, reducing complexity. A new 300-mm torque converter, new rear bell housing, new driveline support and revised-length driveshaft also support the transmission’s integration into the Corvette.
Coupe and convertible details
The 2006 Corvette’s new features and refinements enhance a groundbreaking sports car that was all-new in 2005. It is a performance car that is home in virtually any environment, whether daily commuting or weekend racing. Coupe and Convertible models come with the LS2 6.0L V-8 engine that produces 400 horsepower (298 kw) and 400 lb.-ft. of torque (542 Nm). It is matched to a rear transaxle that helps improve vehicle weight balance – a six-speed manual is standard and the new six-speed paddle shift transmission with automatic modes is available. The front and rear short/long arm suspensions reflect the most competition-influenced suspension tuning in the Corvette’s history.
Dramatic fender forms and exposed headlamps combine with the grille to create a strong visual identity for the Corvette, while the tapered rear deck and fascia improve high-speed performance. The lean rear design sports round taillamps and center-exit exhaust. The fixed Xenon high-intensity discharge headlamps provide superior lighting performance. With a 0.286 coefficient of drag, the Coupe models are the most aerodynamic Corvettes ever.
The 2006 Corvette Convertible features an optional power-operated soft top; an easy-to-operate manual top is standard. Both configurations use a five-layer fabric that conceals the underlying structure for a good top-up appearance, plus it helps preserve the car’s excellent aerodynamics and reduces road noise.
Corvette’s interior is inspired by the car’s dual-cockpit heritage. High-quality materials, craftsmanship and functionality help deliver premium quality meant to enhance performance driving. The instrument panel and doors are covered with cast-skin foam-in-place trim that looks like a leather-wrapped, padded panel. It is warm and inviting and has double the life of conventional trim materials.
An AM/FM radio with CD player and MP3 capability is standard. New technology enhances conventional radio reception. An improved optional Bose audio system with an in-dash six-disc changer and XM Satellite Radio (continental U.S. only) add to the choices available to the audiophile owner.
A full-function OnStar system is available and an onboard navigation system is available. Using a 6.5-inch (165 mm) color touch-screen display, the DVD-based system contains all the map data for the 48 contiguous states and most of Canada on one disc.
OnStar-equipped Corvette models feature OnStar dual-mode (analog-digital) equipment. OnStar’s digital equipment also includes enhanced hands-free voice recognition capabilities including more intuitive continuous digit dialing and improved voice recognition accuracy. OnStar is the leading provider of in-vehicle safety, security and information services in the United States and Canada . Using the GPS satellite network and wireless technology, OnStar features core safety services and OnStar Hands-Free Calling that allows drivers to make and receive voice-activated phone calls using an externally mounted antenna for greater reception.
Corvette Coupe and Convertible have a hydroformed steel rail backbone structure, which features cored composite floors, an enclosed center tunnel, rear-mounted transmission and aluminum cockpit structure. Suspension cradles, control arms, knuckles, springs, dampers, bushings, stabilizer bars and steering gear have all been redesigned. New Goodyear Extended Mobility Tires (EMT) take advantage of the latest sidewall design and compound technology for run-flat capabilities.
Three suspension choices allow drivers to choose the setup that best suits their driving style. The standard suspension is tuned for a balance of ride comfort and precise handling. Corvette is now more poised at even higher handling levels, yet easier to drive.
The optional Magnetic Selective Ride Control suspension features magneto-rheological dampers able to detect road surfaces and adjust the damping rates to those surfaces almost instantly for optimal ride control. The system has been improved to deliver more differentiation between the system’s “Tour” and “Sport” settings.
The Z51 Performance Package brings Coupe and Covertible performance very close to the widely admired C5 Z06. The Z51 offers more aggressive dampers and springs, larger stabilizer bars, Goodyear Eagle F1 Supercar EMT tires, enhanced cooling and larger cross-drilled brake rotors (13.4 inches/340 mm in front and 13 inches/330 mm in rear) for optimum track performance while still providing a comfortable ride.
With each suspension, three standard dynamic chassis control systems – anti-lock braking, traction control, and Active Handling – operate in concert. In all, the new dynamic chassis control systems are smarter, less intrusive and more adept at making the total driving experience precisely what drivers have come to expect from their Corvette.
9) Corvette Pricing Revealed
I have read a number of posts with questions relative to the pricing of a new Corvette. Often times there have been answers posted and for the most part the answers have been incorrect.
In an attempt to clear up a few misunderstandings I have prepared an analysis for your information. I am in no way saying that a dealer should sell you a car at any specific price nor am I saying that a dealer is required to offer GM Supplier or GM Employee pricing. This post is for information only.
Example:
2004 Chevrolet Corvette Coupe
Preferred Equipment Package 1SB
6 Speed Transmission
Sound System with Navigation
Polished Aluminum Wheels
Z51 Performance Handling Package
Destination Charge
MSRP = $53,060.00
Dealer Invoice = $46,921.85
(assuming dealer participates in the GM advertising program at 1%)
Net Dealer Cost = $45,354.05
The difference between retail and dealer invoice is $6138.15.
The difference between invoice and net cost is $1567.80, the 3% holdback paid the dealership.
Dealerships typically won’t sell a car below the dealer invoice as the holdback is an amount used by the dealership for overhead expenses including but not limited to floor plan interest, insurance, etc.
DEALERS ARE NOT PAID A VOLUME BONUS BASED UPON WHAT THEY SELL AS SOME FOLKS HAVE POSTED!!!
Dealerships are businesses, owned by folks who need to make a profit to stay in business. There are many other expenses to pay. If you are employed personally or if you own a business I doubt that you will work without receiving a paycheck.
Finally, if a dealer is willing to sell a new Corvette equipped per the example to a GM Supplier or GM Employee, here are those prices:
GM Supplier = $46,927.24
(GM rebates the dealer $891. So with a invoice of $46,921.85, the dealer makes $896.39 plus the holdback)
GM Employee = $44,906.45
(GM rebates the dealer $2613. So with a invoice of $46,921.85, the dealer makes $597.60 plus the holdback)
10) GM Rebates/Special Finance Rates - Updated 8/2/05
Click here for all of the details!
http://temp.corvetteforum.net/c5/ken...centives.shtml
11) GM Employee and Supplier Plans
Update on Employee/Supplier/GM in the Driveway Plans
06-06, CORPORATE PROGRAM: 2006 MY GM EMPLOYEE PURCHASE PROGRAM
BAI20051503
PROGRAM NUMBER/NAME/TEMPLATE TYPE:
CORPORATE PROGRAM NUMBER: 06-06
CORPORATE PROGRAM NAME: 2006 MODEL YEAR GM EMPLOYEE PURCHASE PROGRAM
PROGRAM DESCRIPTION:
GM NEW VEHICLE PURCHASE PROGRAM:
GM NEW VEHICLE PURCHASE PROGRAM PROVIDES A SPECIAL VEHICLE PRICE TO PROGRAM PARTICIPANTS (I.E. GM EMPLOYEES, RETIREES, SURVIVING
SPOUSES AND ELIGIBLE FAMILY MEMBERS) WHEN AN ELIGIBLE VEHICLE IS
PURCHASED FROM A PARTICIPATING DEALER AT THE PRICES DESCRIBED
BELOW PLUS APPLICABLE TAX, TITLE AND REGISTRATION FEES.
GM EMPLOYEE ORDER/OUT OF STOCK PURCHASE PROGRAM (GMS):
-NEW UNITS INCLUDING UNITS USED AS DEMO AND DRIVER EDUCATION LOANERS
WITH A MAXIMUM OF 2,499 MILES, BUT EXCLUDING APPROVED CONVERTED
UNITS, ARE DELIVERED TO AN ELIGIBLE PROGRAM PARTICIPANT FROM
PARTICIPATING DEALER STOCK AT AN AMOUNT (I.E., RETAIL DEALER INVOICE
TOTAL LESS HOLDBACK AND ANY GM CO-OP ADVERTISING* AMOUNT PLUS $75)
DISPLAYED IN THE GMS FIELD ON THE GM VEHICLE INVOICE.
-ELIGIBLE UNITS UPFITTED BY AN APPROVED CONVERSION COMPANY ARE DELIVERED
TO THE ELIGIBLE PROGRAM PARTICIPANT FROM PARTICIPATING DEALER
STOCK AT AN AMOUNT (I.E., RETAIL DEALER INVOICE TOTAL LESS
HOLDBACK AND ANY GM CO-OP ADVERTISING* AMOUNT PLUS $75) DISPLAYED
IN THE GMS FIELD ON THE GM VEHICLE INVOICE PLUS A PRICE FOR THE UPFIT
THAT IS NEGOTIATED BY THE DEALER AND THE CUSTOMER.
-DEMO AND DRIVER EDUCATION UNITS WITH A MINIMUM OF 2,500
MILES AND A MAXIMUM OF 7,500 MILES:
VEHICLES ARE DELIVERED FROM PARTICIPATING DEALER STOCK AT AN
AMOUNT (I.E., RETAIL DEALER INVOICE TOTAL LESS HOLDBACK AND
ANY GM CO-OP ADVERTISING* AMOUNT PLUS $75) DISPLAYED IN THE
GMS FIELD ON THE VEHICLE INVOICE LESS A DISCOUNT NEGOTIATED
BY THE DEALER AND THE CUSTOMER.
* IDENTIFIED AS ACCOUNT 65A ON THE GM VEHICLE INVOICE.
GM COMPANY OWNED VEHICLE PURCHASE PROGRAM (PEP):
GM COMPANY OWNED VEHICLE PURCHASE PROGRAM PROVIDES
SPECIAL PRICING TO PROGRAM PARTICIPANTS (E.G., GM EMPLOYEES,
RETIREES, SURVIVING SPOUSES AND DEPENDENT CHILDREN UNDER THE AGE
OF 25) ON UNITS PREVIOUSLY USED IN THE GM COMPANY PRODUCTION
EVALUATION PROGRAM AS FOLLOWS:
PEP (GMU) UNITS ARE INVOICED AT MODEL, OPTION AND DESTINATION
FREIGHT (DFC) PRICES IN EFFECT ON THE DATE OF THE VEHICLE ORDER
LESS A MILEAGE DISCOUNT AND EXCLUDING HOLDBACK AND WHOLESALE
FLOORPLAN. THE ELIGIBLE PROGRAM PARTICIPANT PAYS GM INVOICE
TOTAL FOR THE VEHICLE PLUS APPLICABLE TAX (INCLUDING LUXURY TAX),
TITLE AND REGISTRATION FEES.
PROGRAM TIME PERIOD (DELIVERED):
OCTOBER 1, 2005 THROUGH SEPTEMBER 30, 2006
ELIGIBLE MODELS/REQUIRED OPTIONS/ORDER TYPES AND ALLOWANCES:
ELIGIBLE MODELS:
ALL NEW AND UNUSED 2005, 2006 AND 2007 MODEL YEAR BUICK, CADILLAC,
CHEVROLET, HUMMER AND PONTIAC-GMC PASSENGER CARS AND LIGHT DUTY
TRUCK MODELS **EXCLUDING HUMMER H1**.
NOTE: CERTAIN MODELS MAY BE PERIODICALLY EXCLUDED. IN THOSE
INSTANCES, DEALERS ARE NOTIFIED THROUGH AN ADDENDUM TO THIS
ADMINISTRATIVE MESSAGE.
06-06ADD. ADDENDUM TO THE 2006 MY GM EMPLOYEE PURCHASE PROGRAM
BAI20051524
PROGRAM NUMBER/NAME/TEMPLATE TYPE:
PROGRAM NUMBER: 06-06ADD
PROGRAM NAME: ADDENDUM TO THE 2006 MODEL YEAR GM EMPLOYEE
PURCHASE PROGRAM
THIS IS AN ADDENDUM TO PROGRAM NUMBER 06-06-*, ADMIN. MESSAGE NUMBER
BAI20051503-**.
EFFECTIVE OCTOBER 1, 2005, THE 2005 CORVETTE IS NO LONGER RESTRICTED
FROM THE GM EMPLOYEE PURCHASE PROGRAM.
THE FOLLOWING VEHICLE IS RESTRICTED FROM THE "GMS" PORTION OF THE
GM EMPLOYEE PURCHASE PROGRAM:
CHEVROLET: RESTRICTION EFFECTIVE DATE:
2006 CORVETTE Z06 SEPTEMBER 7, 2005
SEE PROGRAM 06-06-* FOR COMPLETE DETAILS.
THIS IS THE END OF PROGRAM NUMBER 06-06ADD.
06-10, CORPORATE PROGRAM: 2006 MY GM SUPPLIER DISCOUNT PROGRAM
BAI20051505
PROGRAM NUMBER/NAME/TEMPLATE TYPE:
CORPORATE PROGRAM NUMBER: 06-10
CORPORATE PROGRAM NAME: 2006 MODEL YEAR GM SUPPLIER DISCOUNT PROGRAM
PROGRAM DESCRIPTION:
IF THE GM DEALER ELECTS TO PARTICIPATE IN THE PROGRAM, GENERAL MOTORS
SUPPLIER DISCOUNT PROGRAM ALLOWS ELIGIBLE EMPLOYEES OF GM SUPPLIERS
TO PURCHASE ELIGIBLE GM VEHICLES AT A GM ESTABLISHED PRICE (I.E., 4.5%
ABOVE THE "GMS PRICE"). BOTH THE GMS PRICE AND SUPPLIER PRICE ARE
STATED ON THE INVOICE. ANY DEALER INSTALLED OPTION, CONVERSION/UPFIT
PACKAGE, GENERAL MOTORS PROTECTION PLAN OR OTHER EXTRA CHARGE ITEM WILL
BE DELIVERED AT A PRICE AGREED UPON BETWEEN THE SUPPLIER AND THE DEALER.
DEMO AND DRIVER EDUCATION UNITS WITH A MINIMUM OF 2,500 MILES AND A
MAXIMUM OF 7,500 MILES:
VEHICLES ARE DELIVERED AT 4.5% ABOVE THE "GMS PRICE" ON THE VEHICLE
INVOICE LESS A DISCOUNT NEGOTIATED BY THE DEALER AND THE PURCHASER.
FOLLOWING RETAIL DELIVERY OF THE VEHICLE, GENERAL MOTORS WILL CREDIT
THE PARTICIPATING DEALER 2% OF MODEL AND OPTION NET COST LESS $75 FOR
ASSISTING IN THE VEHICLE SALE PROVIDED THE VEHICLE WAS DELIVERED TO
THE SUPPLIER AT THE ESTABLISHED PRICES REFERENCED ABOVE.
PROGRAM TIME PERIOD (DELIVERED):
OCTOBER 1, 2005 THROUGH SEPTEMBER 30, 2006
ELIGIBLE MODELS/REQUIRED OPTIONS/ORDER TYPES AND ALLOWANCES:
ELIGIBLE MODELS:
ALL NEW AND UNUSED 2005, 2006 AND 2007 MODEL YEAR BUICK, CADILLAC,
CHEVROLET, HUMMER AND PONTIAC-GMC PASSENGER CARS AND LIGHT DUTY
TRUCKS **EXCLUDING HUMMER H1**.
NOTE: CERTAIN MODELS MAY BE PERIODICALLY EXCLUDED. IN THOSE
INSTANCES, DEALERS ARE NOTIFIED THROUGH AN ADDENDUM TO THIS
ADMINISTRATIVE MESSAGE.
06-10ADD, ADDENDUM TO THE 2006 MY GM SUPPLIER DISCOUNT PROGRAM
BAI20051526
PROGRAM NUMBER/NAME/TEMPLATE TYPE:
PROGRAM NUMBER: 06-10ADD
PROGRAM NAME: ADDENDUM TO THE 2006 MODEL YEAR GM SUPPLIER
DISCOUNT PROGRAM
THIS IS AN ADDENDUM TO PROGRAM NUMBER 06-10-*, ADMIN. MESSAGE NUMBER
BAI20051505-**.
EFFECTIVE OCTOBER 1, 2005, THE 2005 CORVETTE IS NO LONGER RESTRICTED
FROM THE GM SUPPLIER DISCOUNT PROGRAM.
THE FOLLOWING VEHICLE IS RESTRICTED FROM THE GM SUPPLIER DISCOUNT
PROGRAM:
CHEVROLET: RESTRICTION EFFECTIVE DATE:
2006 CORVETTE Z06 SEPTEMBER 7, 2005
SEE PROGRAM NUMBER 06-10-* FOR COMPLETE DETAILS.
THIS IS THE END OF PROGRAM NUMBER 06-10ADD.
06-13 CORPORATE PROGRAM: 2006 MY “GM IN THE DRIVEWAY PROGRAM
BAI20051511
PROGRAM NUMBER/NAME/TEMPLATE TYPE:
CORPORATE PROGRAM NUMBER: 06-13
CORPORATE PROGRAM NAME: 2006 MY "GM IN THE DRIVEWAY" PROGRAM
PROGRAM DESCRIPTION:
THIS IS THE GENERAL MOTORS REFERRAL PROGRAM WHERE SELECT
EMPLOYEES AND RETIREES CAN PASS ALONG TO FRIENDS, NEIGHBORS AND
SELECT FAMILY MEMBERS AN AUTHORIZATION NUMBER WHICH ALLOWS THEM
TO PURCHASE OR LEASE AN ELIGIBLE NEW AND UNUSED GM MODEL DETAILED
IN GUIDELINE NUMBER 4 BELOW AT A FORMULA PRICE.
IF THE GM DEALER ELECTS TO PARTICIPATE IN THE PROGRAM, THE
AUTHORIZATION NUMBER WILL ALLOW THE CUSTOMER TO PURCHASE THE ELIGIBLE
VEHICLE AT THE SUPPLIER DISCOUNT PROGRAM PRICE (I.E., 4.5% ABOVE THE
"GMS PRICE"). THE SUPPLIER PRICE IS STATED ON THE INVOICE AND SHOULD
BE SHARED WITH THE CUSTOMER. ANY DEALER INSTALLED OPTIONS,
CONVERSION/UPFIT PACKAGE, GENERAL MOTORS PROTECTION PLAN OR OTHER EXTRA
CHARGE ITEMS WILL BE DELIVERED AT A PRICE AGREED UPON BETWEEN THE
CUSTOMER AND THE DEALER.
DEMO AND DRIVER EDUCATION UNITS WITH A MINIMUM OF 2,500 MILES AND A
MAXIMUM OF 7,500 MILES:
- VEHICLES ARE DELIVERED AT THE SUPPLIER PRICE ON THE VEHICLE
INVOICE LESS A DISCOUNT NEGOTIATED BY THE DEALER AND THE PURCHASER.
FOLLOWING RETAIL DELIVERY OF THE VEHICLE, GENERAL MOTORS WILL CREDIT
THE PARTICIPATING DEALER 2% OF MODEL AND OPTION NET COST LESS $75 FOR
ASSISTING IN THE VEHICLE SALE PROVIDED THE VEHICLE WAS DELIVERED TO
THE CUSTOMER AT THE ESTABLISHED PRICES REFERENCED ABOVE.
PROGRAM TIME PERIOD (DELIVERED):
OCTOBER 1, 2005 THROUGH SEPTEMBER 30, 2006
ELIGIBLE MODELS/REQUIRED OPTIONS/ORDER TYPES AND ALLOWANCES:
ELIGIBLE MODELS:
ALL NEW AND UNUSED 2005, 2006 AND 2007 MODEL YEAR BUICK,
CADILLAC, CHEVROLET, HUMMER AND PONTIAC-GMC PASSENGER CAR AND
LIGHT DUTY TRUCK MODELS *EXCLUDING HUMMER H1*.
12) Weekly Constraint/Production News – UPDATED 10/12/05
Weekly Constraint/Production News - UPDATED
Constraints are distributed based on Available Days’ Supply (ADS), Controlled Method or Percent of Allocation (POA). Dealers can use the weekly constraint wire to see the basic availability of an option. The percentages on the weekly constraint wire are estimated based on the national retail number of the constrained option divided by the amount of retail orders being allocated for the week.
Chevrolet Constraint Wire for 10/13/05
2006 CORVETTE
00889, Z51 Package, 68
This option has NOT been dropped but it will be constrained for the entire model year due to CAFÉ restrictions. The quantity available will vary throughout the year.
Orders approved this week will be produced the week of 11/7/05 – 11/13/05
2006 CORVETTE Z06
00602 Corvette Z06 QL9 Polished Wheels, 130
This option is being constrained based upon supplier capacity.
Orders approved this week will be produced the week of 11/7/05 – 11/13/05
Thanks for taking the time to read my weekly newsletter and thanks for your business!
Last edited by Ken Fichtner; 10-14-2005 at 10:58 AM.
10-17-2005, 12:54 PM
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Ken,
What does this mean....
• Z06 will not qualify for PEP, but will be eligible for EVP Drive & Buy
and GMS/Supplier when the current incentive program expires
Don’t be misled by your dealer!
Can you explain PEP and EVP? I realize that no dealer would want to accept GMS when the limited Z06's can be sold at sticker. Still, is there any chance that GM employee price will be available for the Z06? If so, when?
Thanks,
What does this mean....
• Z06 will not qualify for PEP, but will be eligible for EVP Drive & Buy
and GMS/Supplier when the current incentive program expires
Don’t be misled by your dealer!
Can you explain PEP and EVP? I realize that no dealer would want to accept GMS when the limited Z06's can be sold at sticker. Still, is there any chance that GM employee price will be available for the Z06? If so, when?
Thanks,