Skip to comments.GM, Ford Sales Fall As Asian Brands Gain- : ( guess Mustang is a bust
Posted on 06/01/2005 5:04:36 PM PDT by Flavius
click here to read article
I am seeing a TON of Mustangs out there...
maybe their other styles arent selling?
I really dont know.
But chinese cars will be 5000 to 7000 k per new...
Hard to pass on that ...
prediction: china will buy Saturn from GM. that will give them a name brand and a first class distribution network for chinese made cars.
The new Mustang looks great, but the Five Hundred is heading straight to the rental counters. The Five Hundred may be a nice car, but they managed to actually make a car that looked duller than the Taurus.
I've been trying to get a hold on a Chrysler 300 SRT-8 but they are impossible to find. There are some on ebay for $65K+. Gads!
My buddy that has a Hummer dealership has already pre-sold 50 Hummer H3's at full sticker price. They are selling like crazy.
They need to cram the Mustang V8 into the 500.
>> Ford's Mustang coupe had its highest May sales since 1980, up 47 percent from last May. <<
HELLO. Didn't you read the article.
If they're anything like the old Yugos, it will be quite easy to pass on that. Better to buy a quality used Japanese model than to purchase new Chinese junk.
I was driving on a turnpike, and the transmission gave out. It was not a pretty time, I can assure you! My husband, who is an automotive industry expert, told me that he had been researching the van, and knew that Honda was having trouble with this transmission, so what they did was extend the warranty to 100,000 miles for the 2000 and 2001 models. Ours fell into that category, and being at 98,000 miles when it happened, it was covered by the warranty.
However, they continue to use the troubled transmission to this day, and stopped the extended warranty after 2001. If you have to replace it without the warranty, it costs $5000.00.
It will be our last Honda vehicle. We were thinking of Toyota next, but they also have problems, and seem to be practicing the American auto manufacturers practice of planned obsolescence; I doubt that we will be purchasing a Toyota.
I think we'll be taking a look at the Germans, but will first ask The Man (aka: Mr. Automotive, my hubby).
Are you saying GM is a yugo? that would explain why the sales are tanking...
0 Years Agreement for Beijing Jeep Corporation
May 31, 2002, Auburn Hills, USA / Beijing, PRC - DaimlerChrysler and Beijing Automotive Industry (Group) Company (BAIC) today announced details of a 30-year agreement for their joint venture company in China, Beijing Jeep Corporation. The agreement is pending final Government ratification.
The parties will continue their cooperation in China with an agreement that extends the joint venture until 2033. Beijing Jeep Corporation became China's first automotive joint venture when it was established in May 1983.
"This extension of the agreement between Chrysler Group and BAIC is a clear indication that we have a long-term commitment to this joint venture and to our presence in China and the region," said Dieter Zetsche, Chrysler Group President and Chief Executive Officer. "The introduction of the Jeep Grand Cherokee, and the two new models in the pipeline, are clear evidence that BJC will be a competitive player in the new automotive environment created by China's accession to the World Trade Organization."
Last September, Beijing Jeep started local production of the Jeep® Grand Cherokee, a vehicle that incorporates advanced four-wheel-drive technology. The Jeep Grand Cherokee allows the company to reach a previously untapped segment for high-end sport utility vehicles. During the next two years, BJC will also start production of two new models targeted for the Chinese market. Details of the two new vehicles will be announced later this year.
"We have enjoyed a very fruitful 19-year relationship," said An Qingheng, Chairman of BAIC/BJC. "Beijing Jeep was the automotive joint venture pioneer in China. Since 1983, we have introduced new production technologies and helped to launch the modern sport utility segment in China. We are confident that our partnership will continue to grow in the future."
Significant savings have been realized during the last six months through DaimlerChrysler's global alliance strategy, particularly in the development of tooling, stamping and engines for the future models. Modern production initiatives and closer cooperation with local suppliers will allow BJC to become more efficient while continuing to improve product quality. The company currently produces the Jeep Grand Cherokee, the BJC Cherokee, and the utility vehicle BJ2020.
"In an effort to increase sales and improve service, we also plan to strengthen the dealer network," said Thomas Hausch, Executive Director of International Sales and Marketing, Chrysler Group. He indicated that Chrysler Group is exploring, together with its global alliance partners, how to better leverage its sales and service presence in the market.
"This agreement and our active business initiatives are a crystal clear indication of DaimlerChrysler's strong and long-term commitment with China," said Eike Lippold, CEO of DaimlerChrysler China Limited (DCCL).
The agreement calls for DaimlerChrysler to hold 42.4% ownership stake at BJC while BAIC retains 57.6
Chrysler SRT series is very cool. I love the redesign of the 300 and the H3 looks very good also.
The Pontial Solstice will probably be a hit too.
Most of the GM line is floundering because nothing they have generates excitement AND can be considered affordable. The Solstice will break that mold.
Most of the VW line is looking pretty dated but they have cars that can get upwards of 70mpg in Germany. Talk about name recognition if they brought that over here.
Ford almost got it with the new(old) Mustang but what the heck were they thinking with the 500?
the G6, Cobalt, and LaCrosse are just fine in their segments.
I heard of the problem with the Honda transmissions. That is exactly why I unloaded my two year old Acura MDX. You can tell how bad that transmission design is by just monitoring the transmission fluid.
Anyway, what have you heard about Toyotas? Is it the engine sludge issue?
Not much to buy out there - I'll probably go for a used Camaro or Firebird when the time comes. In a pinch, maybe a Grand Marquis or Monte Carlo but that's about it.
Maybe Ford would do better if it wasn't spending time, focus and money supporting the homosexual agenda. I'd bet for every sodomite that buys a Ford product 2 families are so offended by the what Ford is doing they will never buy another Ford product.
The New Ford Five-hundred(what's up with this name anyway?), looks like a carbon copy of the Toyota Camry. Also is totally bland in styling and boring to look at it. One needs a quart of whiskey to spend money on that type of car.
OTOH GM is no better; the new Pontiac G6, the Ma xx, still have rear drum brakes, a rear solid axle and overall "50's technology.
Their trucks are at the bottom end when compared to the competition(check any car/truck magazine)
GM and Ford relied on their market power for many decades(obviously for good reasons), following the mantra "if ain't broke don't fix it".
That's a very slippery slope, for which it shows that they do not have a future program/plan.
As a last resort for their short comings on the North American continent, both companies rushed into rebadging European made cars with American names trying to revive their sluggish sales in the US.
As one can see they failed...
OTOH DC got the smarts and came out with a vengeance. Hot new models like the 300C, Magnum, Charger, Viper powered Trucks, SRT 4,6,8 Models, they are flying of the showrooms.
I see young kids buying the 300C because the cars are looking "cool". The DUB guys are snapping the new R/T Chargers Hemi, you wouldn't believe it!
How do i know it?...I work for a DC Dealer!
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