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The Pub For General Automotive Related Talk |
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28-02-2011, 08:27 PM | #1 | ||
I was correct - AGAIN
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Any early figures?
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02-03-2011, 05:36 PM | #2 | |||
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Aussie stuff not out yet, so a bit of a teaser from the states.
http://www.autoblog.com/2011/03/01/b...arrel-edition/ Quote:
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02-03-2011, 07:13 PM | #3 | |||
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GM 270, 028!!!! That is crazy..........
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02-03-2011, 07:22 PM | #4 | ||||
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But 207,028 just a little less crazy. But its a matter of how much profit did those cars make. Quote:
And a great result like that would normally be met with an increase in share price, but GM shares actually fell after the sales announcement. Shares are currently trading lower than the intial public offering in NOV. 10. |
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02-03-2011, 09:14 PM | #5 | ||
I was correct - AGAIN
Join Date: May 2010
Location: Third rock from the sun
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Predictons:
Falcon - struggle to get 2000 Commodore - struggle to get 3500 Corolla to be #1 seller in Feb |
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03-03-2011, 09:22 AM | #6 | ||||
FF.Com.Au Hardcore
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03-03-2011, 09:54 AM | #7 | |||
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03-03-2011, 10:08 AM | #8 | |||
FF.Com.Au Hardcore
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But thats just the problem. In the last 3 months of last year, they only made a $500 million profit worldwide (so the stock analysts assumed things were getting harder for GM in the last 3 months of 2010). Then they come out with Feb 2011 Sales of 207,000, and news that to get those sales, they have been offering up to $3800 per vehicle in incentives. Higher than all the others, and nearly $2000 per car higher than the likes of Toyota. Ford have come out and said they arent going to match GM in the incentives. Now one has to wonder - 1) Are GM now resorting back to old ways to try and boost sales at expense of profits 2) Has the government bailout, given GM the firepower to screw other manufacturers, to start selling cars below cost. 3) If GM sold around 2 million cars worldwide in the last 3 months of last year, and only made $500 million, they are only making $250 a car. If these are boom times for them, they aint gonna want to see bad times again. Remember GM lost about $100 billion (not sure the exact amount) in creditors money in the bankrptcy, and the US government is currently sitting on a $10 billion loss if it was to sell all its shares. These losses occur in a roundabout way because GM transfers this money into selling cars for less than it profitablely takes to make them. It in turn causes the other manufacturers to carry out dodgy businesses practices just to keep up. Last edited by bobthebilda; 03-03-2011 at 10:14 AM. |
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03-03-2011, 10:59 AM | #9 | |||
VFII SS UTE
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03-03-2011, 11:16 AM | #10 | ||
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Don't forget it's easy to make a profit when the government gives them tax breaks of $billions that they don't have to pay!!!!!!!
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03-03-2011, 11:36 AM | #11 | ||
In a Pug..
Join Date: Dec 2007
Location: Sydney
Posts: 694
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Ford
Ford Escape 362 Ford Falcon 1,572 Ford Falcon Ute 591 Ford Fiesta 1,160 Ford Focus 1,050 Ford Mondeo 735 Ford Ranger 4X2 314 Ford Ranger 4X4 894 Ford Territory 779 Ford Transit 117 Ford Transit Bus 6 Ford Transit C/C 22 TOTAL 7,602 up 6.4% on same period last yr Holden Holden Barina 551 Holden Barina Spark 378 Holden Caprice 168 Holden Captiva 5 175 Holden Captiva 7 704 Holden Colorado 4X2 69 Holden Colorado 4X4 923 Holden Combo 44 Holden Commodore 3,829 Holden Cruze 2,582 Holden Epica 77 Holden Utility 4X2 814 TOTAL 10,314 Down 8% on same period last yr |
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03-03-2011, 12:03 PM | #12 | ||
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Posts: 259
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Epica 77 . That's a big 'no' from the public.
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03-03-2011, 12:06 PM | #13 | |||
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Commodore is killing Falcon... 2257 more Commodores then falcon |
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03-03-2011, 12:12 PM | #14 | |||
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Commodore: 3829 Falcon+Ute+Territory: 2942 A bit closer. Does this Commodore figure include the ute? Will increase in disparity when Cruze goes local. |
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03-03-2011, 12:14 PM | #15 | |||
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Holden Utility 4X2 814 Holden Caprice 168 Holden Commodore 3,829 Total 4811 Fords 1 kill program is finally starting to catch up with them, no wagon, no Fairlane... Holden would be starting to profit from VE now, its over 4 years old and is pretty much the same car as it was in 2006... All the R&D would be paid for. |
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03-03-2011, 12:15 PM | #16 | |||
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03-03-2011, 12:19 PM | #17 | |||
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03-03-2011, 12:19 PM | #18 | ||
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Can't be good..ute sales down lower than commo ute. Territory sales down, Captiva is almost matching it (expected though with the new one this year) and Falcon sales low like usual
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03-03-2011, 12:22 PM | #19 | ||
Pity the fool
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This new LPG system and Ecoboost can't come soon enough for the Falcon.
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Fords I own or have owned: 1970 XW Falcon GT replica | 1970 XW Falcon | 1971 XY Fairmont | 1973 ZG Fairlane | 1986 XF Falcon panel van | 1987 XFII Falcon S-Pack | 1988 XF Falcon GLS ute | 1993 EBII Fairmont V8 | 1996 XG Falcon ute | 2000 AU Falcon wagon | 2004 BA Falcon XT | 2012 SZ Territory Titanium AWD Proud to buy Australian and support Ford Australia through thick and thin |
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03-03-2011, 12:24 PM | #20 | ||
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Not too bad to be honest... Sure Falc is on a low at the moment..
but let's wait for the updates and the gas to come back online (and maybe even XR8) then we can reassess...? But hey, even with those low numbers, Ford might even turn a profit! |
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03-03-2011, 12:27 PM | #21 | ||
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Why are Holden selling Epica along side Cruze? They are the same size and segment.
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03-03-2011, 12:28 PM | #22 | ||
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holden need to get their dedicated lpg into the wagon somehow, even if they got half of the old 400 fleet falcon wagons a month it would be worth it.
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03-03-2011, 12:59 PM | #23 | |||
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Fords supplier vicinity would be alot denser/closer than Holdens (ie alot of Holden supplies, especiallyTier 3, come via melbourne), and Ford have the obvious advantage in that it doesnt have to cart a car 700 kilomtres to its customer. Whats the logic of a government thats expouses greeness, and yet gets a sedan delivered from 700 kilomtres away, when one is made within 20 kilometres of it (and even closer when you consider Toyota). The Victorian government creates electricity from non renewable resources, sends it to Ford (210km away) , Toyota (200 km away) and GM (920 kilomtres away), and then decides to buy cars from Holden, which require (560 litres/8 cars) 70 litres per car to get it back to Melbourne. And then you have the Ex premier of Victoria asking the Feds to set up a fund to promote a green car initiative. |
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03-03-2011, 01:01 PM | #24 | |||
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People think that killing the wagon / Fairlane was what potentially saved Falcon, but Ford haven't just lost Fairlane and wagon sales, they have lost sedans and ute sales by axing them too! I can't see how they can profit from such low numbers when you factor in fixed overhead costs and R&D finance cost, I know it comes back to the old profit verse volume on each vehicle but at the end of the day I think they need to get their acts together sooner then later! |
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03-03-2011, 01:02 PM | #25 | |||
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03-03-2011, 01:04 PM | #26 | ||||
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No companies like Telstra and Siemens need space in the back. I know seimens has moved to the Mondeo. Telstra I believe have taken a ute with canopy now. Quote:
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03-03-2011, 01:31 PM | #27 | |||
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http://theage.drive.com.au/motor-new...303-1bfl3.html
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03-03-2011, 01:31 PM | #28 | ||||
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03-03-2011, 01:42 PM | #29 | |||
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Speaking of wagons, I hear Cruze will be getting a wagon variant on the back of strong Commodore Sportwagon sales, although I think this will be imported and not locally produced, but who knows. |
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03-03-2011, 01:53 PM | #30 | |||
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