08-02-2016, 10:27 AM | #29 |
Drives: Four wheels and an engine Join Date: Sep 2014
Location: Garage
Posts: 363
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08-02-2016, 10:30 AM | #30 | |
Drives: 2017 SS 1LE, 2017 Volt, 2013 Pilot Join Date: May 2014
Location: Colorado
Posts: 4,274
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Also, the whole sales thing is more complicated than saying all companies just want to sell more - not really true. If they have data that shows they can sell less Camaros with larger margins they are working less for the same amount of profit - not only that, but it may allow them to free up resources to work on other vehicles to make more money, and that is the only real goal..more money, not more sales necessarily, though there is obviously a correlation. "In the U.S., both Ford (NYSE:F) and General Motors (NYSE:GM) compete hard for commercial and government fleet sales -- and Fiat Chrysler (NYSE:FCAU) has said that it would like to win more of that business. But sales to rental-car fleets are a different story. GM said recently that its sales to rental-car fleets are down 11 percent in 2015. That's not lost business; it's a planned reduction." http://www.fool.com/investing/genera...eet-sales.aspx and "Just last week, we told you that General Motors has substantially increased its Average Transaction Prices while decreasing sales to rental fleets, which are significantly less profitable than retail sales to individual customers and can even decrease new car values. The automaker had not previously shared the details on reducing rental car sales, until this week." http://gmauthority.com/blog/2016/03/...units-in-2016/ Again, MAXIMIZE PROFITS, not necessarily equates to Maximize sales.
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2017 SS 1LE | HBM | Vortech V3-Si supercharger (620RWHP and 575ft lbs) | PDR | Black Bowties | Illuminated Front Black Bowtie | Illuminated Door Sills | Smoked Tails | vented seats mod
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08-02-2016, 10:33 AM | #31 |
Drives: red camaro 2ss Join Date: Jul 2016
Location: boca raton fla
Posts: 27
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The camaro is a combination of 3 cars in one Cadillac ats and corvette .the mustard got no other car to share sales with .i'm happy with that.don't want to see my car every 5 minutes
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08-02-2016, 10:40 AM | #32 |
Drives: Future Camaro 2SS Join Date: Jul 2016
Location: New York
Posts: 26
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08-02-2016, 10:41 AM | #33 | |
Drives: Four wheels and an engine Join Date: Sep 2014
Location: Garage
Posts: 363
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FWIW...Word on the street is Camaro fleet is about 8-10%. |
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08-02-2016, 11:00 AM | #34 |
Drives: 2 SS Blue Velvet Convertible Join Date: Jul 2016
Location: Ottawa, Canada
Posts: 22
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I like that my car is rare...I see a ton of mustangs, but have only come across a handful of the new Camaro...and mine has been only convertible.
I suspect the GM is pushing oversees markets...I was told there was a problem in Canada where people were buying these cars up for export to Asia. |
08-02-2016, 11:03 AM | #35 |
Drives: No Camaro :( Join Date: Apr 2013
Location: Chitown Burbs
Posts: 1,136
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Heading into the months where sales #s of these types of cars drop even more so it's gonna get uglier. I turned in my leased 1LE in July. 6 vettes right in front of the Chevy dealer and not 1 camaro. No camaro on the showroom floor. Limited selection in color and trim levels. In base form the SS just doesn't move me enough to pull the trigger so didn't waste anymore time. Looking forward to seeing the 1LE in showrooms.
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08-02-2016, 11:18 AM | #36 | |
Drives: 2017 SS 1LE, 2017 Volt, 2013 Pilot Join Date: May 2014
Location: Colorado
Posts: 4,274
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Quote:
A. They are trying to sell less vehicles by reducing rental fleet (which proves that it's not always about high sales numbers). B. Their per transaction margins ARE UP, so they are maximizing profit with less sales. (work less for more = winner winner chicken dinner). that's all.
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2017 SS 1LE | HBM | Vortech V3-Si supercharger (620RWHP and 575ft lbs) | PDR | Black Bowties | Illuminated Front Black Bowtie | Illuminated Door Sills | Smoked Tails | vented seats mod
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08-02-2016, 11:22 AM | #37 |
Drives: 2019 GT350 Join Date: Jan 2011
Location: NC
Posts: 3,232
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Another indicator that Chevy has missed the mark with this 2016 Camaro regardless of its performance. They are now getting spanked by the Challenger which essentially has the same design since its 2008 intro, nevermind the Mustang.
The idea that Chevy didn't want to sell more cars is ridiculous. The cars are sitting on the dealer lots awaiting huge discounts which Chevy will be forced into very soon. I say give it a few months and look for 5-6k discounts.
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2013 Boss Mustang 2012 SRT Challenger 392 auto 12:40s 112 stock 2012 Ford Mustang 5.0. Brembo, 3:73s 2010 SS, LS3, Cammed, LTs, 12:20s 2004 Redfire Cobra, Pullied & Tuned 1986 GT, Ed Curtis 347ci, 11:20s motor. 10:30s 100-hp shot |
08-02-2016, 11:25 AM | #38 |
C'mon- really?
Drives: Looking for a ZL1 Join Date: Aug 2009
Location: Nortwestern Ohio
Posts: 1,966
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Look, this is not bitching when the facts are clear that the newest version of the Camaro is DROPPING in sales numbers each month while the other two competitors' numbers are rising.
This disingenuous assumption that GM is selling the number they want is ludicrous. If that is the case, they would not have a 4 month inventory on the lots and they would not be making more and more each day only to see them get stacked deeper with the hope that, well, they will sell eventually and we will make the big bucks when it does. Just like the 5th Gen Z/28. I don't buy it for one minute that this declining sales number is or will remain acceptable. While making good profit on the car that is sold is good business, selling LESS and LESS of them each month is not sound sales strategy. You would not want to incur production costs in an item for sale IF IT DOES NOT SELL and the sales drop consecutively. When buyers see the lots getting more and more of the cars just sitting there the thought process is that 'Any day now will be the fire sale with big rebates'. So they wait even more - or go buy a Mustang or Challenger. And we all know that using rebates to move product tells you one thing - it was overpriced to begin with. GRRR! This has nothing to do with selling more than Ford or Dodge - it has to do with selling what you make. If what you make does not sell, there is a problem. GM has a problem with the new Camaro sales plain and simple and anyone who thinks otherwise has their head in the sand. You can argue that they would have more incentives if they were worried but GM has proven before that they wait too late to do enough things that should have been done long before the ax fell.
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Steve
2018 Camaro 2SS 1LE Black #3805 - SOLD |
08-02-2016, 11:27 AM | #39 | |
I Design stuff ;)
Drives: 2016 Nightfall Gray 2SS Camaro Join Date: Mar 2009
Location: Richmond Hts, Ohio
Posts: 153
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Quote:
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Too many ignorant comments on stupid threads...
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08-02-2016, 11:35 AM | #40 | |
Drives: 2016 Mustang GT PP Join Date: Jul 2016
Location: Virginia
Posts: 12
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08-02-2016, 11:41 AM | #41 |
Drives: 2016 F150 Join Date: May 2014
Location: Iowa
Posts: 2,196
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Technically, Mustang sales have been going down the last 3 months.. No idea how they compare year over year, but the peak was in April I believe and it's been going down since then... Still selling lots though.
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08-02-2016, 11:41 AM | #42 |
Drives: too many Join Date: Jul 2013
Location: oh va pa ma tx
Posts: 3,046
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Sales drive profit..
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