numerous times chevy/gm talked about canx vette, not making enough money, not losing either...enter new ceo, don't count her out as wanting to canx vette.
corvette demise
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Re: corvette demise
I don't think the first female CEO of a major automaker wants to add the demise of the Chevrolet Corvette to her resume'. While it may not be a money maker, it is a halo product for Chevrolet and has a tremendous following. They just introduced the C7 and with all the investment in re-tooling it will certainly survive for many more years. I actually think the C7 will be a shorter run than the C6 and we will see an 8th generation Corvette. At least I hope so.- Top
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Re: corvette demise
Take it for what's it worth: IMHO: Chevrolet Corvette probably does lose money because of the small volume of sales. But being under the "Umbrella" of Chevrolet and the fact of its history and halo effect it can survive. But IF Chevrolet is forced to give some of its resources to the other losers of GM (Buick/GMC) then it
will not. I tried to explain this in a previous post. Thanks LarryLarry
LT1 in a 1LE -- One of 134- Top
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Re: corvette demise
Take it for what's it worth: IMHO: Chevrolet Corvette probably does lose money because of the small volume of sales. But being under the "Umbrella" of Chevrolet and the fact of its history and halo effect it can survive. But IF Chevrolet is forced to give some of its resources to the other losers of GM (Buick/GMC) then it
will not. I tried to explain this in a previous post. Thanks Larry- Top
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Re: corvette demise
GM just spend untold millions developing the C7 and customers are paying sticker price and then some to buy them. The Z06 is coming in January.
That's what success looks like....cancelling the Corvette aint happening.- Top
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Re: corvette demise
I heard she started working for GM at age 18 and has already worked 30 years for the company. She put herself through school and is a electrical engineer, I think she will be great for GM.- Top
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Yeah, Barra has a very impressive resume and is known as a "car guy". She graduated from GMI in electrical engineering. GMI is a co-op program where students study for six months and work within GM for six months, so she's been working for GM since age 18. BTW, I think co-op programs are a great way to get an education because at the conclusion of the five year program you have 2.5 years of real world work experience.
She's worked in virtually every phase of the business - engineering, marketing, finance, HR, product line management and did a tour as a plant manager! She's probably the most well rounded CEO in GM's history.
I'd like to hear Bob Lutz' opinion on Barra.
I asked Dave Hill and Dave McClellan at the 2012 San Diego national convention if the Corvette was sustainable at the current production rate of 12-15K units per year. They didn't think that was a problem Of course, at that time, 18 months ago C7 development/tooling costs were already "sunk", but it remains to be seen how long it will be in production and whether or not there will be a C8.
My hunch is that Barra will want to keep the Corvette around even if it's only a break-even proposition because of its hallow effect on the Chevrolet line.
I think GMC truck was put together way back when to give B-O-P dealers a shot at the truck action. Of course that's now Buick only, but it doesn't cost much to badge-engineer a Chevy truck into a GMC truck - different grille, badges and interior trims.
DukeLast edited by Duke W.; December 20, 2013, 11:58 AM.- Top
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Re: corvette demise
Read latest Autoweek this morning and I don't think I've ever read such a raving report about a car from a number of writers as they did about the C-7. They were comparing it to a new Mercedes and Jaguar sport models which they said were great cars, but neither compared to the C-7. I recall one exclaimed: "the body just don't lean!"
If it dies it will be the Government that kills it through regulations. If nothing else, the days of the V8 are fading.
Stu Fox- Top
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Re: corvette demise
Ford: 65,501
Chev: 34,386
GMC: 14,362
The new GM pick-up will close the large gap; it is getting great reviews.- Top
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Re: corvette demise
like the Impala was with the Belair in 1958. I want the Corvette to get saved not wasting money for something like this. I love to see
the "profit and loss" statements on GMC and Buick. LarryLarry
LT1 in a 1LE -- One of 134- Top
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