GM to subsidize gas purchases
#11
Re: GM to subsidize gas purchases
Originally Posted by phoebeisis
It is probably a smart move, sales wise, in those two states.It is only $1000/car, much less than the $2500 Toyota currently rebates on the Tundra in CA for example.
Still messed up, though.
#12
Re: GM to subsidize gas purchases
Originally Posted by Chilly
http://biz.yahoo.com/rb/060523/autos...%3D1&quicken=2
Now there's a business concept.
Hey we can't compete with Toyota, Ford, and Honda by making our cars more effecient, so let's just help our customers buy gas for these things.
You just got to love the way Detroit thinks sometimes.
Now there's a business concept.
Hey we can't compete with Toyota, Ford, and Honda by making our cars more effecient, so let's just help our customers buy gas for these things.
You just got to love the way Detroit thinks sometimes.
Stop it, my sides are aching and my wife is using me to clean the floors I'm rolling on!!!
Bob Wilson
#13
Re: GM to subsidize gas purchases
Wow. I'm just shaking my head in disbelief.
So, when somebody buys a GM they can say "that's great, I'm saving $1000 per year."
But so am I. And I'm not polluting the air we breathe as much as they, nor requiring as many resources from the middle east. (Smug!)
The sad thing is, so many American consumers don't think beyond how it feels in to the wallet in the short-term.
So, how long is GM planning to do this for people who buy these cars with this incentive? Forever? For a few years? If gas prices go up too much, GM will be hurting even more...
Siiiggghhhh......
So, when somebody buys a GM they can say "that's great, I'm saving $1000 per year."
But so am I. And I'm not polluting the air we breathe as much as they, nor requiring as many resources from the middle east. (Smug!)
The sad thing is, so many American consumers don't think beyond how it feels in to the wallet in the short-term.
So, how long is GM planning to do this for people who buy these cars with this incentive? Forever? For a few years? If gas prices go up too much, GM will be hurting even more...
Siiiggghhhh......
#14
Re: GM to subsidize gas purchases
GM has really lost it. They've been reduced to simple bribery in order to sell a few hulking, useless, unreliable SUVs.
You don't need hybrid technology to get good gas mileage, you just need to know how to build an efficient engine and an efficient transmission. This is clearly something GM doesn't know how to do and isn't interested in learning.
You don't need hybrid technology to get good gas mileage, you just need to know how to build an efficient engine and an efficient transmission. This is clearly something GM doesn't know how to do and isn't interested in learning.
#15
Re: GM to subsidize gas purchases
Originally Posted by Adelwyn
So, when somebody buys a GM they can say "that's great, I'm saving $1000 per year."
Another sad part of the article is:
When you buy a used GM, Ford or Chrysler vehicle keep in mind that a good 10% of the original price was used to cover the kick-back given to the original owner. This 10% doesn't add any features or value to the used car. Add to that the marketing, employee benefits, taxes, pensions, union fees, high american salaries, etc... what is the value left to go in the car ?
#16
Re: GM to subsidize gas purchases
Oh, get this: GM gives the new buyers a pre-paid MasterCard, and monitors their fuel consumption with OnStar. The more gas you use, the larger your credit!!! - i.e. an incentive to waste gas.
If GM has a forum for this, I bet it's called DirtyMPG.com
If GM has a forum for this, I bet it's called DirtyMPG.com
#17
Re: GM to subsidize gas purchases
Originally Posted by Delta Flyer
Oh, get this: GM gives the new buyers a pre-paid MasterCard, and monitors their fuel consumption with OnStar. The more gas you use, the larger your credit!!! - i.e. an incentive to waste gas.
If GM has a forum for this, I bet it's called DirtyMPG.com
If GM has a forum for this, I bet it's called DirtyMPG.com
This is how "activists" are born
It is a "Lose-Lose" situation
Last edited by Katz6768; 05-24-2006 at 11:02 AM.
#19
Re: GM to subsidize gas purchases
Originally Posted by gonavy
...I can't wait to hear martin's justification for this one. ....
With the glaring exception of the H2, H3, and SRX, each of the vehicles included in the promotion in California lead their market segment in fuel economy. The H3 and SRX are both pretty much average for their competitive set. Don't take my word for it, check the EPA website. The H2 is what it is.
For grins & giggles I've snipped the part of the rather lengthy press release that defines the eligible vehicles in each state. Also, note that the Tahoe / Yukon, Monte Carlo, and Impala are available with E85 FlexFuel options (no additional cost), so this is additional incentive for people who value the idea of being able to choose their fuel type and for people who are more concerned about reducing reliance on foreign oil.
The Hummers and the SRX were most likely added to the California program because they are fairly popular in California. I've been driving an SRX V6 for the past month and a half and averaging 19.3 in primarily city driving. That's with the huge panoramic sunroof open and front windows down on sunny days.
Let's face it, from a marketing perspective this is actually a pretty smooth move. Because of the OnStar Vehicle Diagnostics program, GM is in a unique position to be able to execute such a plan. The car's OnStar computer tells GM how many miles the car has driven and GM sends the owner a check. Good use of a unique competitive advantage and a lot less costly than throwing cash on the hood. Instead of blanketing the market with rebates and incentives, this is a laser focused campaign targeting the people who are already pre-disposed to buying these vehicles because they want them, but are nervous about fuel prices.
Peace,
Martin
Okay, here's the piece from the Press Release:
To participate in the program, consumers who reside in California and Florida must purchase or lease and take delivery of an eligible vehicle between May 25 – July 5, 2006 and enroll in the OnStar Vehicle Diagnostics service. The diagnostic service is a GM exclusive service that automatically runs hundreds of diagnostic checks on key vehicle operating systems and then sends a monthly e-mail to subscribers about their vehicle.
Eligible vehicles in California include the 2006 and 2007 Chevrolet Tahoe and Suburban (one-half ton models only), Impala and Monte Carlo; GMC Yukon and Yukon XL (one-half ton models only); HUMMER H2 and H3; Cadillac SRX; Pontiac Grand Prix; and Buick Lucerne.
Eligible vehicles in Florida include the 2006 and 2007 Chevrolet Impala and Monte Carlo, Pontiac Grand Prix and Buick LaCrosse.
The vehicles selected for this program were chosen because of their outstanding fuel economy and great consumer appeal. The 2007 Chevrolet Tahoe leads the full-size utility segment in fuel economy and has a two-wheel-drive EPA highway estimate of 22 mpg. The Chevrolet Suburban and GMC Yukon XL have EPA highway estimates of 21 mpg.
GM’s mid-size cars also offer very competitive fuel economy with the Pontiac Grand Prix achieving an EPA estimated 30 mpg highway. That is better than a comparably equipped Honda Accord 6-cylinder (29 mpg highway). The Buick LaCrosse also has an estimated highway mileage of 30 mpg (with standard V6 engine).
Last edited by martinjlm; 05-24-2006 at 02:34 PM.