Quote:
Originally Posted by RLHMARINES
Kinda hard to do if you only build 500 cars for 2014.  |
I do stock research and the opinion I stated comes from this piece that came across my desk. I have posted this on this forum before the interesting part is this is from a financial report not a car mag! This is just tidbits coming out of GM lately. This is just raw information food for thought.
The 3000 number comes from there advertising that they will only build 3000 units for 2015. Sorry previous post meant 2015
"I got this from an end of year stock sales report for a inside GM blog. Interesting reading."
2015 and 2014 Chevrolet Camaro Z28 sales fiasco- a precursor to big discounts on 2015 Corvette C7 Z06?
Without any doubt, the latest Chevrolet Camaro Z28 is a huge sales failure for +General Motors .Kudos to Camaro engineering team for making a valiant effort but in the end, it is still just another Camaro, bought by redneck crowd, attracted to low pricing and peak horsepower and torque numbers than track oriented handling and braking.
No matter what suspension and brake and aerodynamic aides have been applied to the Camaro, it is still the same overweight land yacht and slapping a $75k on a car that comes up short on power when compared to its cheaper ZL1 stable mate had to end up in a big failure.
The outcome is huge discounting of over $20k not just on the 2014 but 2015 model year as well. The funny part here is the fact that in spite of limited production numbers, GM still overestimated the demand, not being able to even sell 1500 of these boats. Is there a lesson here? Of course there is, same one along the lines of another huge sales failure, Generation 5 Dodge Viper.