Leroy N. Soetoro
2018-11-27 20:53:04 UTC
Blame the customer for not buying your stupid politically driven marketing
mistakes.
https://www.usatoday.com/story/money/cars/2018/11/26/gm-general-motors-
chevrolet-volt-cruze-impala/2114114002/
General Motors is killing several passenger cars, including the Chevrolet
Volt and Chevrolet Cruze, two compact vehicles that were held up as
examples of the automaker's post-bankruptcy revival.
The move part of a sweeping cost-cutting plan unveiled Monday comes as
Americans are abandoning passenger cars in favor of crossovers, SUVs and
pickups.
The automaker will no longer make the Volt semi-electric car and the Cruze
compact sedan for sale in North America beginning in March, Chevy
spokesman Kevin Kelly confirmed.
GM will also discontinue the Chevrolet Impala full-size car, the company
confirmed. It will end U.S. production in March and Canadian production in
the fourth quarter of 2019.
Kelly declined to say whether the company would sell any of those products
in markets outside North America.
The company will also end U.S. sales of the Cadillac XTS and Buick
LaCrosse luxury cars after production ends in March. And the Cadillac CT6
will be killed off in the U.S. after mid-2019, though it will continue to
be sold in China.
The moves are part of a sweeping $6 billion cost-cutting plan announced
Monday. GM is poised to close plants in Michigan, Ohio, Maryland and
Canada, and cut 15 percent of its salaried workforce.
The Volt's demise comes about 10 years after the semi-electric vehicle's
production model debuted. The automaker trumpeted the Volt for years as a
symbol of its alternative propulsion expertise, but the company has since
pivoted toward building fully battery-powered cars. The Volt still had a
small gas engine paired with its battery pack.
Mike Ramsey, mobility and transportation analyst for Gartner, said the
Volt was "a beautiful design" and a sensible solution for its time. But he
said pure battery-powered cars are ultimately a better solution than plug-
in hybrid electric vehicles, like the Volt, which compromise on battery
range to make way for a small gas engine.
"The only one that really surprises me is the volt and even then I
understand the rationale," Ramsey said. "Theyre basically saying that
halfway doesnt work were going all the way."
Like the Volt, the Cruze was also described for years as an illustration
of GM's recovery after its federal bailout and bankruptcy. GM's decision
to locate Cruze production in Ohio breathed new life into the Lordstown
plant and was hailed by President Barack Obama's administration as
reflective of the auto industry's revival.
But sales eventually plunged as the entire industry struggled to sell
cars.
The old GM would have heavily discounted the Cruze and other models to
keep them alive, Autotrader analyst Michelle Krebs said. But that would
have compromised profits, which are ultimately critical to keeping the
company alive and thriving.
"They just dont do that anymore," Krebs said. "They have shown a lot more
discipline since the Great Recession."
In the first nine months of 2018, U.S. sales of the Volt fell 15.9 percent
to 12,664 units, compared with a year earlier. During the same period:
Cruze sales fell 26.5 percent to 109,662.
Impala sales declined 13.4 percent to 43,952.
CT6 sales fell 10.6 percent to 7,240.
XTS sales rose 15.9 percent to 12,664.
LaCrosse sales fell 14.2 percent to 13,409.
Altogether, during the first nine months of the year GM sold 199,591 units
of the vehicles to be discontinued.
That's less than half of the Chevy Silverado, GM's most popular model.
--
Donald J. Trump, 304 electoral votes to 227, defeated compulsive liar in
denial Hillary Rodham Clinton on December 19th, 2016. The clown car
parade of the democrat party ran out of gas and got run over by a Trump
truck.
Congratulations President Trump. Thank you for cleaning up the disaster
of the Obama presidency.
Under Barack Obama's leadership, the United States of America became the
The World According To Garp.
ObamaCare is a total 100% failure and no lie that can be put forth by its
supporters can dispute that.
Obama jobs, the result of ObamaCare. 12-15 working hours a week at minimum
wage, no benefits and the primary revenue stream for ObamaCare. It can't
be funded with money people don't have, yet liberals lie about how great
it is.
Obama increased total debt from $10 trillion to $20 trillion in the eight
years he was in office, and sold out heterosexuals for Hollywood queer
liberal democrat donors.
mistakes.
https://www.usatoday.com/story/money/cars/2018/11/26/gm-general-motors-
chevrolet-volt-cruze-impala/2114114002/
General Motors is killing several passenger cars, including the Chevrolet
Volt and Chevrolet Cruze, two compact vehicles that were held up as
examples of the automaker's post-bankruptcy revival.
The move part of a sweeping cost-cutting plan unveiled Monday comes as
Americans are abandoning passenger cars in favor of crossovers, SUVs and
pickups.
The automaker will no longer make the Volt semi-electric car and the Cruze
compact sedan for sale in North America beginning in March, Chevy
spokesman Kevin Kelly confirmed.
GM will also discontinue the Chevrolet Impala full-size car, the company
confirmed. It will end U.S. production in March and Canadian production in
the fourth quarter of 2019.
Kelly declined to say whether the company would sell any of those products
in markets outside North America.
The company will also end U.S. sales of the Cadillac XTS and Buick
LaCrosse luxury cars after production ends in March. And the Cadillac CT6
will be killed off in the U.S. after mid-2019, though it will continue to
be sold in China.
The moves are part of a sweeping $6 billion cost-cutting plan announced
Monday. GM is poised to close plants in Michigan, Ohio, Maryland and
Canada, and cut 15 percent of its salaried workforce.
The Volt's demise comes about 10 years after the semi-electric vehicle's
production model debuted. The automaker trumpeted the Volt for years as a
symbol of its alternative propulsion expertise, but the company has since
pivoted toward building fully battery-powered cars. The Volt still had a
small gas engine paired with its battery pack.
Mike Ramsey, mobility and transportation analyst for Gartner, said the
Volt was "a beautiful design" and a sensible solution for its time. But he
said pure battery-powered cars are ultimately a better solution than plug-
in hybrid electric vehicles, like the Volt, which compromise on battery
range to make way for a small gas engine.
"The only one that really surprises me is the volt and even then I
understand the rationale," Ramsey said. "Theyre basically saying that
halfway doesnt work were going all the way."
Like the Volt, the Cruze was also described for years as an illustration
of GM's recovery after its federal bailout and bankruptcy. GM's decision
to locate Cruze production in Ohio breathed new life into the Lordstown
plant and was hailed by President Barack Obama's administration as
reflective of the auto industry's revival.
But sales eventually plunged as the entire industry struggled to sell
cars.
The old GM would have heavily discounted the Cruze and other models to
keep them alive, Autotrader analyst Michelle Krebs said. But that would
have compromised profits, which are ultimately critical to keeping the
company alive and thriving.
"They just dont do that anymore," Krebs said. "They have shown a lot more
discipline since the Great Recession."
In the first nine months of 2018, U.S. sales of the Volt fell 15.9 percent
to 12,664 units, compared with a year earlier. During the same period:
Cruze sales fell 26.5 percent to 109,662.
Impala sales declined 13.4 percent to 43,952.
CT6 sales fell 10.6 percent to 7,240.
XTS sales rose 15.9 percent to 12,664.
LaCrosse sales fell 14.2 percent to 13,409.
Altogether, during the first nine months of the year GM sold 199,591 units
of the vehicles to be discontinued.
That's less than half of the Chevy Silverado, GM's most popular model.
--
Donald J. Trump, 304 electoral votes to 227, defeated compulsive liar in
denial Hillary Rodham Clinton on December 19th, 2016. The clown car
parade of the democrat party ran out of gas and got run over by a Trump
truck.
Congratulations President Trump. Thank you for cleaning up the disaster
of the Obama presidency.
Under Barack Obama's leadership, the United States of America became the
The World According To Garp.
ObamaCare is a total 100% failure and no lie that can be put forth by its
supporters can dispute that.
Obama jobs, the result of ObamaCare. 12-15 working hours a week at minimum
wage, no benefits and the primary revenue stream for ObamaCare. It can't
be funded with money people don't have, yet liberals lie about how great
it is.
Obama increased total debt from $10 trillion to $20 trillion in the eight
years he was in office, and sold out heterosexuals for Hollywood queer
liberal democrat donors.