Despite an agreement signed with Magna International, General Motors is apparently considering a bid by China’s Beijing Automotive Industry Holding Corporation (BAIC) for the Detroit automaker’s Opel unit. A source said that BAIC will make a binding offer to GM within a few weeks, but analysts indicate that GM will only consider the offer if the Magna deal falls through.
BAIC’s bid comes as little surprise since GM has balked at Magna’s request, at the request of its Russian creditors, for additional access to the automaker’s technologies. GM had agreed to sell a controlling share in Opel to Magna and Sberbank, but it had not wanted to share any of its domestic technology.
Sources close to BAIC have said that the automaker’s bid was just two pages long and does not detail its intentions for Opel beyond expanding the German automaker to a worldwide presence. GM has been reluctant to negotiate with Chinese automakers because it fears losing its grip on the Chinese market, where Buick, in particular, is a major player.



07/03, 4:21 PM
posted by:
idrinorbarsaku
china can go rot in hell!
07/03, 4:22 PM
posted by:
A4
that was objective.
07/03, 4:40 PM
posted by:
leftwingagenda
a 2 page offer to buy a company the size of opel doesn’t seem all that professional or credible, but who knows, they could be serious…this could be the first time in a while there was a bidding war over a gm product, rather than a tidal wave of incentives…maybe the chinese thought that 0% for 72 months offer applied to opel, too…
07/03, 4:41 PM
posted by:
sprockkets
Why can’t we just sell GM to China and keep Opel? That happens to fall in line with ditching the old GM and keeping the new.
07/03, 4:57 PM
posted by:
DB9
Make no mistake, without the global technological resources of Gm, Opel has little to offer. Before the large scale global platform development programs which produced the Epsilon I II (e.g., Insignia and forerunners) & Delta I II (e.g. Astra) Opel/Vauxhall was a declining brand. GM Europe is not set up as Ford of Europe. Fordâs European operations function with a high level of autonomy â itâs almost run like a separate company. GM is much different; the separate parts canât function without the mothership. GMâs technology was never on the table much to the chagrin of the bidders. If GM were to walk â Opel folds within 5 years. Who wants to buy Auto factories; they are a dime a dozen. In Western Europe they are also high cost facilities. Yeah, I know, reality bites. Did anyone actually think that by buying a share in Opel that they would gain access to technology such as the Volt? The best they could hope for was an investment that could be sold back to GM at a good profit in a few years.
DB9;-)
07/03, 6:04 PM
posted by:
KIB2
Is it me or is American tax dollars at work here?
http://fiestamovement.com/agents/view/58
07/03, 6:57 PM
posted by:
sprockkets
DB9, you actually believe GM came up with the Astra, Insignia and others, while we had such priceless turds as the last gen Malibu, the Cobalt and the crappier Caviler?
Why don’t you read CnD’s review on how the Saturn Astra feels like a German made car vs. the previous Ion which was a complete clusterf–k?
07/03, 7:15 PM
posted by:
aggie531
guys guys guys. this isnt going to go through. why would opel sale go through if HUMMER got vetoed. the people at BIAC are morons to think that this is going to work
07/03, 7:59 PM
posted by:
DB9
Sprocketts, succinct and to the point â yes! Regardless of what NA product that GM derived for the domestic channel, the platforms in question were the result of both input and the global resources of General Motors Corporation. The current Malibu is still Ep I as was the pre 08 model. That GMâs NA offerings were ho hum at best until recently is moot; it was GMâs technological and financial resources that developed the models that Opel get praise for â same can be said for Holdenâs Zeta platform (Commodore). Where do you think the resources came from? Opel and Holden developed their respective platforms using the combined resources of GM and more importantly at the Companyâs direction.
What do you think Opel and Holden would be capable of producing without the combined resources of the Corporation? Where do you think the Billions in development funding and engineering resources came from? Holden and Opel/Vauxhall alone have anywhere near that capability. Where were Holden and Opel in the early 00âs? Look it up â they were on the slide to oblivion. Look up what happened after GM walked away from Fiat⌠That GM chose to offer lesser versions of these platforms in NA until the last few years⌠well⌠look where it got them (played a part) then again these platforms didnât exist 5 years ago. Note, Ford did the same as GM. Itâs only now theyâre offering their best global platforms in NA (the Fiesta and latest gen Focus are not here yet and the Fusion moves to the Mondeo platform on the next gen) â see the history of the Focus;-)
What you state is why Wagoner fired the head of GM NA and took on that role himself. The product that GM gets praise for now was initiated at that time ~ 5 years ago!
DB9;-)
07/03, 8:42 PM
posted by:
Borat
Lefty, two pages of hieroglyphs can contain a lot of information!
07/04, 12:12 AM
posted by:
sprockkets
Of course, the Catera was nothing to get excited about, being an Opel.
But, what you are saying DB9 does make sense, since it is a global platform. At least GM had something in the past to help them out. Too late though to avert bankruptcy.
07/04, 1:48 AM
posted by:
andy
Borat, ive seen the hieroglyphs presented to GM, from what i could decipher a bird and squiggly line will be key players in the bidding process
07/04, 11:51 AM
posted by:
reedfast
if GM sells opel, it is over for them in EUROPE, they just don’t have the trust of the europeans with anything but opel like ford does.
07/05, 1:08 AM
posted by:
Bankruptcy2009
I’ll give ya $5 bucks for Opel
07/05, 2:10 PM
posted by:
jackjimturkey
Probably not a good idea.
People are getting more wary of Chinese goods every day.
Drywall, anyone?
June 2009 sales: Ford, Kia, Subaru, Volvo post best results
07/01/2009, 1:40 PMBY ANDREW GANZ
Boosted by demand for the Ford Fusion and Flex, Ford Motor Company says its June 2009 line-wide sales figures in the United States were off just 10.7 percent compared to the year before. At the other end of the spectrum, Toyota, Honda, Chrysler and General Motors all saw more of the same: Drop-offs exceeding 30 percent.
Last month, Ford and GM continued a trend of surprisingly decent sales when compared to the market as a whole. Though most analysts predicted June would see an upswing in sales compared to any previous month this year, apparently Fordâs extensive marketing and its product renaissance paid off.
Remember that the sales figures are to be compared to June 2008.
The good
Kiaâs sales were down just 1.4 percent over last year thanks to an impressive increase in Sportage sales.
Chevrolet sold 9,320 Camaros â almost 9 percent of the automakerâs volume was made up of the two-door sports coupes.
Pontiacâs sales were the best thus far this year, despite GMâs announcement that it will kill off the brand. G8 sales were up 135.8 percent to 3,622 and Vibe sales â driven by high fleet sales numbers â increased 25.2 percent to 6,116.
Strong sales continue at Subaru; the automakerâs sales are off less than 1 percent for the year and were up 3.4 percent in June.
Hondaâs Odyssey and Pilot saw 11.8 and 7.7 percent increases in sales, respectively, compared to the year before.
Volkswagen says its diesel TDI vehicles are selling well. An impressive 81 percent of Jetta SportWagens were equipped with the TDI, as were 40 percent of Jetta sedans and 29 percent of Touaregs last month.
Toyotaâs Prius saw a 6.1 percent increase over last yearâs figures to 12,998 units sold.
The all-new Lexus RX saw a 21.3 percent increase in sales to 7,355 last month.
The Dodge Challenger saw a 34 percent increase in sales to 1,369 units, though it was the only Chrysler product to show an increase over the prior year.
Fordâs Fusion hit a June record of 18,561 units, up 26 percent from the year before and the 4,784 Flex units sold marks the highest-ever month for the crossover, which has languished since its launch in June 2008. Most of Ford divisionâs volume models saw sales near or higher than they were last year and the division sold almost 20,000 more cars than Toyota division did last month.
Volvo saw a 0.6 percent increase in sales compared to June 2008, though the Swedish marque is still off 35.6 percent for the first six months of the year. The automakerâs sales were buoyed by the all-new XC60, which sold 1,032 units.
The bad
It was a tough month for Mazda, despite recent redesigns for its two volume models. Overall sales were down 42.2 percent and its volume models, the Mazda3 and Mazda6, dropped off 46.3 and 50.1 percent, respectively.
GMâs overall sales were down 33.4 percent and its four core brands (Buick, Cadillac, Chevrolet, GMC) saw a 33.2 percent drop-off.
Suzuki continues to suffer â sales were down 78 percent in June and are down more than 60 percent this year.
Sports car manufacturer Porsche had a disastrous June; just 902 of the automakerâs sports cars left dealer lots, a 66 percent decrease that brought the automakerâs year-to-date sales down 36 percent for the year.
Lower gas prices hurt demand for Hondaâs efficient Fit, Civic and Accord, all of which saw decreases exceeding 40 percent.
Toyotaâs woes continue â Toyota division reported sales of 114,780 vehicles, off 36.3 percent from a year ago, though better than the 37.9 percent year-to-date free-fall.
Overall, Chryslerâs sales were better than in previous months, but still down dramatically. All three brands posted sales drops lower than the year-to-date volume changes, but individual vehicle sales were down more than 10 percent across the board, with the exception of the Challenger. Given Chryslerâs reduced model lineup â a number of the models sold last month are remaining units of dwindling stock of discontinued models â the drop off isnât quite as bad as the raw numbers indicate.
While things were rosy at Ford, Mercury saw a 37 percent drop off from 2008.
The ugly
Acura, down 36.2 percent to 8,280.
BMW, down 20.1 percent to 16,744.
Buick, down 10.7 percent to 8,601.
Cadillac, down 40.9 percent to 8,473.
Chevrolet, down 33.3 percent to 106,712.
Chrysler, down 49 percent to 13,753.
Dodge, down 40 percent to 37,936.
Ford, down 8.3 percent to 133,684.
GMC, down 36 percent to 19,668.
Honda, down 32.4 percent to 100,420.
Hummer, down 48 percent to 1,078.
Hyundai, down 24 percent to 37,943.
Infiniti, down 32.3 percent to 6,304.
Jeep, down 38 percent to 16,608.
Kia, down 1.6 percent to 26,845.
Lexus, down 20 percent to 16,874.
Lincoln, down 26.6 percent to 7,137.
Maserati, down 47.9 percent to 111.
Mazda, down 44.2 percent to 13,729.
Mercedes-Benz, down 22.6 percent to 15,155.
Mercury, down 37.1 percent to 7,332.
Mini, down 21.2 percent to 4,105.
Nissan, down 21.9 percent to 51,994.
Pontiac, down 16.4 percent to 23,740.
Porsche, down 66 percent to 902.
Saab, down 58.4 percent to 779.
Saturn, down 60.2 percent to 7,520.
Subaru, up 3.4 percent to 18,620.
Suzuki, down 78 percent to 2,149.
Toyota, down 36.3 percent to 114,780.
Volkswagen, down 18 percent to 19,027.
Volvo, up 0.6 percent to 7,042.
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07/01, 1:55 PMPOSTED BY:
moparsalesman1
Ford leading with 11% decline is like being the prettiest girl in the trailer park. Not a whole lot to be proud of. If I offended anyone in a trailer park, I dont care.
07/01, 1:59 PMPOSTED BY:
johnnycanuck
Just donât steal their dope and Iâm sure Julian, Ricky and Bubbles wonât mind.
07/01, 2:01 PMPOSTED BY:
idrinorbarsaku
moparsalesman1,
no one cares about your mopar sh!t!!! If I offended you, I DONâT CARE!
07/01, 2:02 PMPOSTED BY:
Need more oil for GM
GM will emerge with outstanding results than last month. The American Revolution is leading the way and taking names. Enjoy your time in the limelight Ford, youâll be a victim soon enough.
Quality, reliability, dependibility. Only in a GM vehicle. Nothing else comes close.
07/01, 2:02 PMPOSTED BY:
RaineMan
Amazing⌠June 09 was the 3rd best month ever for my employer.
If we were off by 11% compared to last year Iâd be out looking for a new job. Itâs rediculous how flawed and backwards these companies have become.
07/01, 2:07 PMPOSTED BY:
idrinorbarsaku
And, if you think being down 8.3% is not that much difference from being down 40% & 49%, you need to go have your brain checked out!
07/01, 2:16 PMPOSTED BY:
RaineMan
Many of these companies have been operating in the red for so long that it doesnât matter anyways. They wouldnât turn a profit if sales were up 8.3%
07/01, 2:18 PMPOSTED BY:
jachady
Iâd rather be dating the prettiest girl in the trailer park, than the homely girl in the gutter. (By the way, I sell Fords)
07/01, 2:24 PMPOSTED BY:
A4
TDI FTWâŚ. again!
07/01, 2:28 PMPOSTED BY:
Bankruptcy2009
idrinorbarsaku I agree there should be a Rebate on NMOFGM Brain. He has None lol
The Empty Space between NFMOGM EARS should be list on Craigs list as very small Space for Rent. Need more oil for GM you can expect lower result and slower sales than other auto manufacturers in general because, for one as my name sake implies bankruptcy not to mention the fact they face immediate LIQUIDATION General Motors could be facing liquidation if the automakerâs âgoodâ assets are not approved for sale by July 10th. The U.S. Treasury Department has the option to pull GMâs restructuring financing if a bankruptcy court fails to approve GMâs asset sale by July 10th.
You reading that NFMOGM that is not a GOOD THING FOR GM. That would spell the END OF GM For sure!
If it happens!
07/01, 2:33 PMPOSTED BY:
sj79
Ford isnt doing too bad for a company making low quality products that lack Japanese like resale value according to 1115.
Insight (the HOT new hybrid) couldnt even move 2100 units in June. This is after the automotive media hyped it up and praised it to no end while predicting it would spell trouble for the Prius. Honda went for cheap instead of going for the best.
07/01, 2:34 PMPOSTED BY:
carstuff
My predictions since GM is not up there yet;)
GM car retail up 20% from May. Overall down 33% from last year. GM continues to cut fleet sales (by choice??) and retail continues to rise.
SAAR continues to rise and at end of year will average out at 10 million.
07/01, 2:36 PMPOSTED BY:
Need more oil for GM
carstuff, you are quite low on your predictions. I wonât hold it against you though.
GM. An American Revolution.
07/01, 2:41 PMPOSTED BY:
cocojoe53
Hey, His glowing reviews on how great the Chevy Aveo is, sent me right down to the local dealer yesterday to check it out. Wow, how sadâŚMakes the Smart Car actually look, wellâŚâŚ Smart âŚ..NMOFGM will you please not disappear when GM doesâŚ..
07/01, 2:43 PMPOSTED BY:
yarddog82abn
HAY âNEED MORE OILâ
DID YOU READ THE PART THAT SAYâsâŚ
âRemember that the sales figures are to be compared to June 2008.â
BESIDES⌠Show me anyone in any industry that is doing better âTHIS YEARâ vrs. âTO LAST YEARââŚ.
07/01, 2:47 PMPOSTED BY:
mayer_ray_nagin
LMAO@TheSupremeJ2
07/01, 3:00 PMPOSTED BY:
orangecones
I am curious to see how Hyundai did this month. It seems that between Hyundai and SubaruâŚthey are the only 2 brands with a bit of brains behind the operation. EVeryone else is too busy playing pin the tail on the donkey.
07/01, 3:03 PMPOSTED BY:
Bubs Solo
At the rate these sales are going Toyota will burn through their cash reserves way before Ford will.
That must really itch the old crotch hey Borat???
And Guess what Ford is the number one selling NAMEPLATE. Way to go Ford.
07/01, 3:04 PMPOSTED BY:
Bubs Solo
Honda almost out sold Toyota. Way to go Honda.
07/01, 3:14 PMPOSTED BY:
carstuff
Well, GM is up there!
Buick did very well. All those young buyers are buying those Enclaves I guess. Interesting that Pontiac also did so well vs. last month. I did not think they had that much more incentive than their siblings/
07/01, 3:21 PMPOSTED BY:
tripleonefive
Ford isnt doing too bad for a company making low quality products that lack Japanese like resale value according to 1115.
Yawn try again
07/01, 3:28 PMPOSTED BY:
moparsalesman1
@ whatever the f**k your name isâŚI made a general statement and said nothing about mopar, and i am sorry you live in a trailer park a%$ hole
07/01, 3:32 PMPOSTED BY:
aggie531
everyone *certianily* wants to get into a âdependableâ gm vehicle other than a ford volvo or subaru donât they, need more oil for GM?
07/01, 3:32 PMPOSTED BY:
moparsalesman1
In fact I was making a comment about the entire industries sales. Kind of getting off my chest that itâs tough to be selling any brand right now. This is a open forum and did not target anyone in particuliar so you went after me and i say go f**k yourself
07/01, 3:43 PMPOSTED BY:
bdizzlefizzle
@orangecones â great point. What about Hyundai? Iâm really curious to see where they are right now.
07/01, 3:44 PMPOSTED BY:
Bankruptcy2009
Ford Motor Company MAY 2009 YTD 155,620 VS MAY 2008 YTD 205,270
is a loss of 49,650 Vehicles over last year
General Motors Corp. MAY 2009 YTD 190,098 VS MAY 2008 YTD 266,744
is a loss of 76,646 Vehicles over last year
GM had a lead last year of 61474 vehicles thatâs it by May of 2008
This year Ford Motor is just a mere 34,478 vehicles ahead of Ford. that is a slippage of 26,996 vehicles over last. If that trend does continue. Ford could over take GM in total vehicle production with a year or two if that rate continues. GO FORD MOTOR! And if my prediction is right they certainly will with the all new Ford, Lincoln, and Mercury Line Ups.
07/01, 3:46 PMPOSTED BY:
Bankruptcy2009
Excuse me GM is just a mere This year Ford Motor is just a mere 34,478 vehicles away from GM thatâs it. that is a slippage of 26,996 vehicles over last. If that trend does continue. Ford could over take GM in total vehicle production with a year or two if that rate continues. GO FORD MOTOR! And if my prediction is right they certainly will with the all new Ford, Lincoln, and Mercury Line Ups
07/01, 3:47 PMPOSTED BY:
leftwingagenda
âAmazing⌠June 09 was the 3rd best month ever for my employer.
If we were off by 11% compared to last year Iâd be out looking for a new job. Itâs rediculous how flawed and backwards these companies have become.â
first off, itâs âridiculousââŚsecond, overall sales of cars across this entire nation will be lower this year than last yearâŚfewer cars will be sold, due to the economic crisisâŚthat has absolutely nothing to do with the performance of the manufacturersâŚnoneâŚzippoâŚzilchâŚnadaâŚitâs based on the fact we have huge job losses nation-wide, the highest unemployment in years, and a lot of belt-tighteningâŚso sales of new cars will be lower across the board â and i repeat, that has nothing to do with the manufacturers themselvesâŚ
if you honestly think that ford, or any company, should be selling just as many cars during a recession that they did before the recession, you need your head checkedâŚ
07/01, 3:54 PMPOSTED BY:
idrinorbarsaku
I think a lot of people on here think that having a negative number automatically assumes that they are losing money. Thatâs not the case! So, Lets say VW sold one million cars(example), an 18% drop from last year only means they sold 180,000 less cars than the year before! Itâs that simple to comprehend! So, the difference between FORDâs 8.3% drop compared to chevyâs 33.3% drop is undeniably in fords favor! Especially when ford is selling more cars!
07/01, 4:06 PMPOSTED BY:
JakeK66
You in the liquor industry Leftwing, because I know it was one of their best months ever too last month tooâŚ
The company in which I work for alone made up for some of this decline as many fleet cars we used to purchase for our customers have held off leasing new units and keeping their old leases â we are in for a big boost soon though because that canât go on forever. The rental car side is also help off getting new inventory â we buy approx 7% of all new cars sold in the US â so those sales alone are hurting these numbers by quite a bit. I say in a little bit we will begin a big push and youâll start seeing many companies go up, by alot, because we are not the only ones holding off right nowâŚ
07/01, 5:25 PMPOSTED BY:
gta89mike
So many comments, but here are the facts:
1. GM at 176,571
2. Ford at 148,153
3. Toyota at 131,654
4. Honda at 108,700
5. Chrysler at 68,297
6. Nissan at 58,298
American owned sales â 393,021
Japanese owned sales â 298,652
Regardless of whose sales increased or decreased over last year, last month, last quarter, last decade â in this recession, people prefer to buy GM and Ford over Toyota and Honda. Those are the facts. Anyone saying anything else is just an opinion.
07/01, 5:34 PMPOSTED BY:
2WheeledSpeed
1115 is that REALLY the best you have? More BS about resale values?
Toyota is the one that needs to go back to the drawing board and try again, keep clinging to your resale values like my son clings to his baby blanketâŚ
07/01, 5:37 PMPOSTED BY:
idrinorbarsaku
carforall.net,
stop copying my posts you dip SH!T!!!!!!
GO SPAM ANOTHER FNCKING WEBSITE!!!!!!!!
HEY MODS, PLEASE DELETE HIM AND HIS POSTS!!!!!
07/01, 5:50 PMPOSTED BY:
SoCalFiveO
NEED MORE OIL FOR GM
^^^his name explains it all lol
07/01, 6:11 PMPOSTED BY:
cab396
NMOforGMâŚâŚ.you need to pull you head out of your oil can! GM is back on the lower rung of the quality ladder! Iâve owned nothing but Chevy trucks/Suburbans for the last 20+ years. All manufacturers go up and down the quality scaleâŚreliability scaleâŚ..desireability scaleâŚâŚbut I must tell you that the Chevy line has had a steady decline in all the above âscalesâ for the last several years. I have been selling these POS for the past decade! I still buy/drive them cause I get them for a song! Sad as that may be! Ford is out of the question, as it still stands forâŚ..well, we all know what FORD stands for. Dodge is dead! JapanâŚ..NOT! So, whoâs left that might make a reasonable light duty truck? Iâll probably go back to Chevy. I donât think the dealer would appreciate me driving up in brand X. Bye for now you idiot!!!
07/01, 7:48 PMPOSTED BY:
tripleonefive
1115 is that REALLY the best you have? More BS about resale values?
2 wheeled is that all you have is sales that have nothing to do with my point, keep clinging to your sales for one month like your bastard clings to his blanketâŚ
07/01, 8:26 PMPOSTED BY:
mayer_ray_nagin
guess what tripledingleberry clings to!
07/01, 8:34 PMPOSTED BY:
Borat
Mike, please repeat for Bubs Solo sake that bankrupt GM outsold Ford by over 28K units.
07/01, 8:52 PMPOSTED BY:
gta89mike
Bubs â maybe you are not aware of all of GMâs brands.
GM â 176571
Ford â 148153
That, my friend, makes GM number 1, not Ford.
07/01, 9:19 PMPOSTED BY:
Bubs Solo
nameplate guys I said nameplate. Not Company sales. Just the individual nameplate.
07/01, 9:45 PMPOSTED BY:
Veda
Whereâs Audi? What really surprised me is the very small number of Maserati sales. Their vehicles are priced similarly to higher end offerings from Mercedes so they should be still affordable. But 111 for the whole month in the US is shocking to say the least.
07/01, 10:06 PMPOSTED BY:
elviososa
One of the reason why Toyota fall behind is because most of its cars are FUGLY and boring!
07/01, 10:15 PMPOSTED BY:
mayer_ray_nagin
Breaking News:
âŚâŚâŚâŚâŚ _H_U_M_M_E_R___O_U_T_S_O_L_D___P_O_R_S_C_H_E_!_ âŚâŚâŚâŚâŚ
07/01, 10:17 PMPOSTED BY:
Bankruptcy2009
gta89mike Gm is declining rapidly with the Loss of Pontiac, SAAB, SATURN, HUMMER, SOON TO INcluded Buick, GMC and whatever else GM hasânt dumped other than just cadillac and chevy will bring that number down extremely rapidly. I can see Dodge overtaking GM and that will be a good day actually when GM is the smallest of the bog 3.. GM needs to learn to be Humble once again before it can walk again. But until day comes which I predict like Nostradamus that is not too far off.
Ford Motor shall lead in strength to be the Number #1 Manufacturer in the World not only in automotive but in Technology as well!
07/01, 11:18 PMPOSTED BY:
DB9
Well done people â well done:-) Very entertaining; kinda gives one a hankering for the old days on this here blog. Especially entertaining is the possibility that one here in âparticâ will regale us with their skilled use of Quatrains;-) I would ask, with all due consideration of course, that no allusions to 2012 be made as it tends to disturb Cool Dawg:-/ Thanks in advance;-)
DB9;-)
PS. Cool Dawg wants to know whatever happened to the drag race between the Insight and Taurus â like⌠wellâŚ? After all, wasnât that all the rage before the GTR started to appear â around Christmas I believe⌠Ah forget about itâŚ:-)) Wait, whatâs that⌠sumptin about kidding a kidder⌠HmmmâŚ
07/02, 10:26 AMPOSTED BY:
ricky_b
Actually, gta89mike, you omitted several factsâŚ
GM â 174,006 (20.2%)
Ford â 147,831 (17.2%)
Chrysler â 68,297 (8.0%)
Toyota â 131,654k (15.3%)
Honda â 100,420 (11.7%)
Nissan -52,298 (6.8%)
Other Japanese â 38,860 (4.5%)
Korean â 64,788 (7.5%)
European â 75,279 (8.8%)
That equates to 45.4% Big 3 and 54.6% Foreign. That means that in this recession, people are still choosing to purchase more foreign branded makes than domestic. (The âotherâ Japanese, Korean and European sales really add up.)
07/02, 10:49 AMPOSTED BY:
Bubs Solo
gta89mike
Ford Motor Company has 155195 not 148153 I think you missed Volvo.
Obama Motor Company sold Saturn and Hummer and Saab so there total is 167194 not 176,571
Ford (not with Lincoln Merc or Volvo) sold 133864 is the #1 Name Plate in June (not to be confused with Ford Motor Company)
07/02, 11:08 AMPOSTED BY:
driestone
I consider myself pretty impartial when it comes to domestic vehicles, and I can tell you that anyone in my boat is going to choose Ford over either GM or Chrysler anytime in the near future based on the fact that they are the only company that didnât go Bankrupt. Iâm sorry, but I feel like everyone but Ford has burnt their loyal customers due to lack of foresight.
For the record I own a Subaru WRX, a Jeep Cherokee, and Lotus Esprit (and even though I tried to convince her not to, my wife chose Toyota Corolla for her own vehicle, for the third time). The Jeep is the only domestic Iâve ever owned and it is, by far, the most problematic vehicle Iâve owned (I still love it though).
I do admit that I love the look of the Camaro, but the fact that it was recalled 2 days after it was available for sale says a lot about the car.
To be honest if I were in the market for a new car right now, I donât know who Iâd choose. Probably a BMW 3 series if I could afford it (mostly because although I love my WRX, I hate the look of every Subaru currently for sale).
07/02, 12:11 PMPOSTED BY:
sj79
RickyB:
There are 7 major foreign automakers in the US vs the Big 3. You are bragging because those 7 have 54% of the market? Thats not too intelligent. There ONLY three detroit automakers and they are larger than the 3 largest Asian automakers or 3 largests Euro automakers in terms of US sales. Period. Thats like saying Toyota has more marketshare than Mazda- of course it does with a lineup 3 times the size of Mazdas.
07/02, 12:11 PMPOSTED BY:
Bankruptcy2009
ricky_b you forgot Fordâs Volvo. Ford didânt sell it like GM has SAAB. Plus if you look at the fact that GM will Lose more than half a million Vehicles sold a Year from the combined: SAAB, Hummer,Pontiac, and Saturn Output that GM is selling off; then you come to realize that GM will more than likely completely lose its sales Crown shortly to Ford Motor. And if Ford wants to be lazy then Toyota will gladly take it!
But I think Ford Motor will win the Crown Shortly whether they hold it for long will remain to be seen.
07/02, 12:48 PMPOSTED BY:
ricky_b
sj79 â Not bragging or condeming, just bringing all of the facts into light. I agree with the point that the Big 3 US are ahead of the Big 3 Japan, but the other point is that Americans as a whole are still buying more import than they did domestic.
Bankruptcy2009 â I made the point on another blog that GMâs overall market share would have been even lower without Saab, Saturn, Pontiac and Hummer. Scary to see how they will fare once theyâre stripped down some more.
As for Ford & Volvo, I agree 100 %. GM raped Saab and tossed the aside. I think Ford really tried to partner and develop with Volvo and they might have succeeded better if Ford had not been distracted by Jag and Aston. Iâm actaully disappointed that Ford feels it necessary to sell off Volvo. Given time and better guidance, I think they could make it work better. Itâs one merger I still believe in (at least in theory).
07/02, 12:50 PMPOSTED BY:
Bubs Solo
Yeah The Chinese bought Hummer, Saab was bought by Koenigsegg and didnât Penske buy Saturn???
Should you use those figures when added up Obama Motor Company monthly totals.
07/02, 2:21 PMPOSTED BY:
Bankruptcy2009
Bubs are you Hans Soloâs older brother?
07/02, 3:24 PMPOSTED BY:
Bubs Solo
Iâm his Great great great great great great great great great great grand papa
07/02, 3:48 PMPOSTED BY:
sj79
âsj79 â Not bragging or condeming, just bringing all of the facts into light. I agree with the point that the Big 3 US are ahead of the Big 3 Japan, but the other point is that Americans as a whole are still buying more import than they did domestic.â
Its 7 vs 3- are you surprised? The Big 3 had huge share back in the days when they had no competition. Its hard for 3 to hold off 7 major players and 5 smaller ones. Thats like saying there are more PCs sold than Macs. I would think so considering how many computer companies using Windows compete with Apple. Apples share as a comupter makes is decent but its share as a platform is small. GM and Ford have great share as automakers in the US- only if you view them as American vs numerous foreign competitors does their share look less impressive.
07/02, 3:50 PMPOSTED BY:
sj79
You will see a similar trend when we look at Toyotaâs share of hybrids in 2007 vs 2015. As more competitors enter the market Toyotaâs total share of hybrids will continue to decrease. Bet we wont see articles saying âToyota used to have 90% of the hybrid market until it lost focus on customers and allowed that share to drop to 60% over the last 8 yearsâ. MArketshare loss is inevitable if you increase the number of players.
07/03, 9:35 AMPOSTED BY:
ricky_b
sj79 â EXACTLY. I think this is what will define how well a company does in this market. Are they going for volume and risk profitability or do they go for a solid product line and stability. I think the US market has reached a saturation point with competition to where you will most likely never see a company get above 25% share (maybe even 20%) without mergers or buyouts (which few can afford).
07/03, 4:50 PMPOSTED BY:
jackjimturkey
Ford is being fitted for the crown.
It has some great new products and is siphoning off GM/Chrysler buyers who wonât abide their bailouts.
Comparing quality to Toyonda is only helping Ford.
Subarus are tough; I like âem.
The Hondaâs Odyssey is the second-best minivan, and the besty minivan from a company that hasnât been bailed out by American taxpayers.
Volkswagen TDI= Prius without the pretension.
Why do people keep buying the rebadged Highlander/Camry wagon?
The Dodge Challenger is the only interesting Chrysler product.
Suzuki should just abandon the NA car market.
Need more oil for GM: Quality, reliability and dependibility donât just come in GM vehicles. Nothing else comes close for the price a lot of the time, but an Accord/TL is damn near as good as an Epsilon.
sj79: âFord isnt doing too bad for a company making low quality products that lack Japanese like resale value.â Ford, because of the economy, isnât doing very well, for what it is.
mayer: âtripledingleberry?â Classic! Thatâs of deantj quality!
Hyundai Equus U.S.-bound in 2010
06/29/2009, 3:10 PMBy Drew Johnson
Continuing its march up-scale, Hyundai will reportedly market a version of its flagship Equus sedan in the United States next summer. The all-new Equus â essentially a stretched and more luxurious version of the Genesis Sedan â hit the Korean market last March and appeared on the Hyundai stage at the 2009 New York Auto Show.
Since that April U.S. debut, Hyundai has been touring the country with 100 Equus sedans, allowing dealers and consumers to experience the companyâs flagship model. Response has been extremely positive, prompting Hyundai to green-light the Equus for the U.S. market.
According to Automotive News, the Equus will hit the U.S. market in July 2010 with a price tag of less than $60,000. Although the Equus is available with a 3.8L V6 in Korea â the same found in the U.S.-spec Genesis Sedan â the U.S. version will only be equipped with a 4.6L V8.
Luxury features planned for the Equus include tilting and massaging rear seats, as well as rear-seat TVs.
Although Hyundai has seen a strong initial response to its Genesis Sedan, it remains unclear if the U.S. will embrace a Hyundai with a price tag north of $45,000. The Equus will undercut its competition by thousands of dollars but, as the failed Volkswagen Phaeton showed us, U.S. buyers arenât always willing to fork over big cash for a non-luxury brand. Then again, with buyers maximizing every dollar these days, some Lexus and Mercedes-Benz buyers might opt for the Hyundai and pocket the $20,000 savings.
Need more oil for GM: Hyundai and shoddy quality go together like hot dogs and whipped cream.
idrinorbarsaku: I donât know that a retarded person would see why a hyundai is a better deal than a gussied-up toyota. Takes brains and the ability to think for oneself.
daiso: the company just needs to redefine the HYUNDAI brand
daiso: If I were in charge, Hyudai would not have ANY sonata.
The âISâ is a rebadged Alteeza, not a Corolla (Thatâll be the âhs250âł)
Hyundai Genesis> Lâs GS
Attesa45: yOUâRE WRONG.
DrFill: Iâd add the Veracruz to your Hyundai lineup.
Iâd hope a better fate for Hyundai than to be the next toyota.
ToxicNut: âAmericans, they would buy a dog terd if it had a Lâs badge on it.â Some have.
steve333: âFunny, he sounds like a troll himself, knocking GMs entire line-up simply because its GM.â Astute!
âGM has a lot of excellent vehicles.â The only way you can believe that is if youâre paying more attention to the products than ti Internet boneheads.
KLB88: I know a âlâsâ is just a toyota and a BMW is a BMW.
ricky_b: âHyundai is not quite my cup of tea but I think that theyâve proven to be a force to be reckoned with.â Objectivity rears its ugly head.
Other Man: BMW ought to be trying to buy Hyundai now.
BlackoutS: âIf they give you a 10 year long warranty, thereâs a reason. Cause if the cars fail before the warranty expires, its Hyundai the one that will lose millions.â Another guy whoâs paying attention.
âIf GM made such great cars they wouldnât be bankrupt.â Not necessarily true â they can make the cars as great as they want to, but can they SELL them?
07/05, 9:31 PM
posted by:
sharpie
^^^ JJT’s comment is definitely longer than BAIC’s bid for Opel.