Author Topic: With good assets sold, "New GM" exits bankruptcy  (Read 3569 times)

Offline Erik

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #20 on: July 16, 2009, 11:27:54 pm »

True.
It appears to me, however, that if Chevy only had a maximum capacity of 250K units per year, they obviously did not see this car as a make or break one for them.
 Then again, when production plans for this car went into place (2000), gas was still dropping to historical low levels (I remember buying gas at 79.9 a gallon in the states then) and truck sales totally eclipsing car sales, especially small car sales. If I remember correctly, in 2000, trucks made up 7 out of 10 vehicles in the US top sales list, and the number 2 truck (Silverado) outsold all the cars on the list combined. No ones crystal ball showed where gas prices were going (including Toyota, who was designing bigger and bigger trucks then too).

Which was a big problem, IMO.  In 2000, Toyota didn't have a true full size truck, and neither did Honda (Honda still doesn't).  Yet they were stealing sales away from GM..and continued to do so for years.  And not only stealing sales, but having record profits, too.  How did they do it?  With competent, reliable small and mid-size cars. 

True.
However, Toyota also saw that the trend of the future was bigger cars and more trucks. Bigger and bigger trucks. And in 2000, thats what they were designing.
Honda? Well, the Ridgeline is their half-assed attempt at a half ton pickup truck.
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Offline rrocket

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #21 on: July 16, 2009, 11:42:32 pm »
^^The thing is, if you already have good cars and has prices go up, or people have less $$ to spend on trucks, you can fall back on your car sales IF you have good product.  Like Toyota did.  They idled their truck plant for a month, and their cars continued to sell.  In GMs case...if you don't have excellent small cars, and truck sales tank...what happens?  You're in a bad spot!

My other issue with GM and their focus on trucks....well because of their lack of a good small car, they completely neglect the first time car buyer.  Toyota and Honda seem to have figured this one out.  Set the hook in the customers mouth in a small car..and then when they have the disposable income to do so, reel 'em in and put them into an expensive car/truck.  Often first time car buyers are looking for as reliable and quality as they can afford.  Unfortunately, this leads them to imports more often than not. 

Now Ontario/Michigan is a very unique market where many first time buyers WILL buy domestic regardless.  But the rest of the country?  The don't give a flying you-know-what about buying domestic (since their uncles, fathers, moms etc. aren't employed by the Big 2, no spin off jobs, etc..).  They want the best car the fewest dollars can get them.  People in this area think the rest of the United States cares about the domestic auto industry.  They don't come anywhere near taking it to heart like we do here in Ontario and Michigan.  Unless you've seen it first hand (like I have working in the industry) it's hard to grasp.  The vast majority of people don't care who makes their car, or where it comes from.  They want the best value...period.  You could see a bit of this un-caring attitude during the bailout...many in the US were just saying "let them die".  Catastrophic for this area..but no biggie for the rest of the US.  FWIW, they sell more cars in California alone than ALL of Canada.
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Offline Honda Owner

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #22 on: July 17, 2009, 12:33:16 am »
Good point, rrocket. I rarely see a "domestic" around these parts. Well, except in Surrey. As for Honda not making real trucks, well, they are the only auto maker making real profits.

Online The Mighty Duck

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #23 on: July 17, 2009, 10:30:50 am »
Honda? Well, the Ridgeline is their half-assed attempt at a half ton pickup truck.

::) What a stupid comment.

Offline Shnak

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #24 on: July 17, 2009, 10:53:28 am »
True.
However, Toyota also saw that the trend of the future was bigger cars and more trucks. Bigger and bigger trucks. And in 2000, thats what they were designing.
Honda? Well, the Ridgeline is their half-assed attempt at a half ton pickup truck.

The Ridgeline may be an half-assed attempt of a truck, but I see a lot of them around here...

Offline Erik

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #25 on: July 17, 2009, 01:00:48 pm »
Honda? Well, the Ridgeline is their half-assed attempt at a half ton pickup truck.

::) What a stupid comment.

Nice to see I am living up to your standards.

Offline TopGun

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #26 on: July 17, 2009, 02:13:00 pm »
Honda? Well, the Ridgeline is their half-assed attempt at a half ton pickup truck.

::) What a stupid comment.

2006 Honda Ridgeline - Road Test & Review - Motor Trend
A truck for people who hate them: The truck that changes everything--or does it?
May 01, 2005  By Chris Walton

http://www.motortrend.com/roadtests/trucks/112_0505_2006_honda_ridgeline/options.html
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Offline safristi

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #27 on: July 17, 2009, 03:07:14 pm »
MOTOR TREND....a car mag for PEOPLE WHO DONT KNOW/CARE ABOUT CARS......look at their KAR JUNKERS OF THE YEAR  :o
THERE IS NO CURE FOR "LOTUS"......ONLY TREATMENT.....

Online The Mighty Duck

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #28 on: July 17, 2009, 04:40:50 pm »
2006 Honda Ridgeline - Road Test & Review - Motor Trend
A truck for people who hate them: The truck that changes everything--or does it?
May 01, 2005  By Chris Walton

http://www.motortrend.com/roadtests/trucks/112_0505_2006_honda_ridgeline/options.html

The Ridgeline does it's job exceedingly well. It's a shame some people can't see past the fact that the Ridgeline is not designed for the same job as a Dodge RAM. A Rolls Royce Phantom Drophead and a Honda S2000 both have convertible roofs, but they're obviously designed for different tasks. Such is the case with the Ridgeline vs. something like the RAM. Once you realize what the Ridgeline was built for, you understand how well it fills that roll.

Offline TopGun

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #29 on: July 18, 2009, 09:39:23 am »
The Ridgeline does it's job exceedingly well. It's a shame some people can't see past the fact that the Ridgeline is not designed for the same job as a Dodge RAM. A Rolls Royce Phantom Drophead and a Honda S2000 both have convertible roofs, but they're obviously designed for different tasks. Such is the case with the Ridgeline vs. something like the RAM. Once you realize what the Ridgeline was built for, you understand how well it fills that roll.

Gotcha...so it's a perfect execution at making a half-assed half ton pickup truck.

Offline rrocket

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #30 on: July 18, 2009, 07:25:25 pm »

Gotcha...so it's a perfect execution at making a half-assed half ton pickup truck.

It was 2006 Truck of The Year.  Oh wait...when an import wins that award it's because they paid of the magazine....

Offline G0dspd

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #31 on: July 18, 2009, 10:35:20 pm »
The 2006 Truck of The Year nominees were of a bunch of rebadged clones and an updated Ram.  Since the Ridgeline was the only new entry for that year, Honda didn't need to pay anyone.   :stick:

No the Ridgeline doesn't correspond to the conventional definition of a truck but I think Honda is on to something.  In a few years (5-10), a lot of the mid-size trucks will probably have a unibody.
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Offline Honda Owner

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #32 on: July 18, 2009, 11:57:30 pm »
Quote
In a few years (5-10), a lot of the mid-size trucks will probably have a unibody.

Very true. It is amazing how many times I see an F-250 with the frame breaking load of one eight foot piece of 1X2 lumber in the back. Unit body should be able to handle that.

Offline Mitlov

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #33 on: July 19, 2009, 05:10:19 am »
The Ridgeline is targeted at midsize, double-cab, personal-use pickups like the Tacoma, Frontier, and Dakota.  NOT half-tons.  My wife uses her Tacoma to cart home improvement stuff from the hardware store (a palette of river rocks, or a couple dozen bags of gardening soil, but not 3000 lbs of bricks or construction equipment), and she also drives it around as her daily driver.  The Ridgeline was her second choice after the Tacoma, and in front of the Frontier.  In general she was very impressed by it, and she's never owned anything but body-on-frame trucks and SUVs.  Ironically, the one thing she didn't like was the "car-like" ride--she prefers the bouncy feel of a traditional pickup truck.  For most people, though, the ability to carry a palette of river rock or a whole bunch of garden soil every once in a while, while also getting a car-like ride, makes it a very good option for a personal-use pickup.  You'll never see one at a work site, but heck, you don't see many Frontiers at work sites either.

I also see a lot of Ridgelines toting dirtbikes and ATVs around here.  No reason you need a body-on-frame truck for that, not to mention a half-ton.  Just need a proper bed.

« Last Edit: July 19, 2009, 05:13:27 am by Mitlov »
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Offline safristi

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #34 on: July 19, 2009, 08:04:23 am »
..sorry all the stories are BOGUS...............the RIDGELINE is fer Honda lovers looking for their first TRUCKIN' TIME "EXPERIENCE".................................end of Story time.....

 i have a hard time lighting those river rocks..................they crack me up.....

Offline TopGun

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #35 on: July 19, 2009, 11:21:20 am »

Gotcha...so it's a perfect execution at making a half-assed half ton pickup truck.

It was 2006 Truck of The Year.  Oh wait...when an import wins that award it's because they paid of the magazine....

 :laugh: And you guys say the "domestic fanboys" are sensitive!

So despite Mitlov's good description of what the Ridgeline is and is not...you're all so upset at the "half-assed" comment that you're trying to convince us that it is a half-ton pick-em-up.

Offline Mitlov

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #36 on: July 19, 2009, 02:32:32 pm »
:laugh: And you guys say the "domestic fanboys" are sensitive!

So despite Mitlov's good description of what the Ridgeline is and is not...you're all so upset at the "half-assed" comment that you're trying to convince us that it is a half-ton pick-em-up.

Where did anyone say it was a half-ton or that it competed with them?  I've never before heard that comparison made.

And if you agree with me about what it is and what it isn't, are you (1) retracting the "half-assed" line, or (2) calling the Frontier and Tacoma "half-assed" as well?

Offline Erik

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #37 on: July 19, 2009, 04:05:01 pm »
:laugh: And you guys say the "domestic fanboys" are sensitive!

So despite Mitlov's good description of what the Ridgeline is and is not...you're all so upset at the "half-assed" comment that you're trying to convince us that it is a half-ton pick-em-up.

Where did anyone say it was a half-ton or that it competed with them?  I've never before heard that comparison made.


Honda did. They say it is a 1/2 ton pickup truck. At least their early ads did.

Offline Mitlov

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #38 on: July 19, 2009, 04:59:07 pm »
Honda did. They say it is a 1/2 ton pickup truck. At least their early ads did.

http://automobiles.honda.com/ridgeline/

Quote
Brawn meets brains. Charge into new territory with a half-ton of muscle, a burly backbone and intelligent innovations.

Interesting, never saw that before.  Okay, Honda has a bad ad campaign for the Ridgeline, but that doesn't mean that the Ridgeline itself is bad.  I wouldn't call it "half-assed"--it stands toe to toe with the similarly-priced and similarly-capable Tacoma and Frontier very nicely.

Offline airbalancer

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Re: With good assets sold, "New GM" exits bankruptcy
« Reply #39 on: July 19, 2009, 08:58:35 pm »
Ridgeline is a Pilot with an open back, it it works for you great ;D