Well, another promise from the New GM (tm) that sounds a lot like the promises from the Old GM (tm), which really isn't very surprising since the same crew that already ran the place into the ground is still running it, thanks to the hard working folk who pay their taxes and don't walk away from their responsibilities.
Seventy percent retail? Dream on. The only car this will really compete with is the LaCrosse which is a complete sales flop. At this pricing, there is no way GM will get anybody out of a Camacord. Besides, with the gunslit windows are big butt, the car isn't much of a looker.
Finally, without fleet sales GM will never get the production it needs to even hope to break even on it.