R.I.P. GM High Performance Vehicle Operations
No matter how you look at it folks this is a Domino effect. GM not only produce cars, they also work with gazillion other subcompanies (Goodyear,3m,delco, etc) I mean the list goes on an on.
This is a reflect of the economy, right now we just fell down in our faces and that goes worldwide(Honda out of Formula one, Mitsubishi CEO crying when he announced that Mitsubishi wouldn't represent on Rallies, Subaru is out, Suzuki is also out...
There will be a huge job cut and some rearranging of the finances but I think we will recover from this, it is the matter of time.
Carlos
This is a reflect of the economy, right now we just fell down in our faces and that goes worldwide(Honda out of Formula one, Mitsubishi CEO crying when he announced that Mitsubishi wouldn't represent on Rallies, Subaru is out, Suzuki is also out...
There will be a huge job cut and some rearranging of the finances but I think we will recover from this, it is the matter of time.
Carlos
Last edited by fromWRXtoEVO; Feb 22, 2009 at 08:20 PM.
I don't think your points are in disagreement with mine. But GM is not only about Cadillacs and Corvettes. GM is not able to adapt, Saturn is a good case in point. When Saturn first came out, it was allowed great independence and was touted as some sort of experiment that would lead the rest of GM. In the end it was pulled back into conformity with its parent company and now it is up for sale as a brand (!). Similar story with Saab - they used to make these quirky turbocharged cars that some people loved (or loved to hate), but had a quality and look/feel that you had to respect. Now I get inside a Saab and is the same plastic interior POS you used to get from a Cavalier. It's true that GM makes some impressive cars and power plants, but they are few and far between - for the most part GM is about low-quality cars and short-term profits (sort of an automotive version of Wal-Mart, but not as well-run and draconian). GM is not a viable company - it has to go bankrupt and be re-organized under different management and different rules.
It's not to big too adapt I hate when people say things like that. Does anyone know why GM is in the mess they are in?
Bottom line is 1st and foremost is retirement costs for retired workers. This is the fault of management from decades ago when GM was the car industry. When every Cadillac made could be sold 100% utilization......management at that time beckoned to the unions call and current management is paying the price. At that time no one thought healthcare would rise at the rate it did. Any company that made 100% healthcare w/pension deals back then is bankrupt or close to it (GM). I love Nissan and Toyota, but if either would have had deals like that they would be in the same boat today.
2nd reason is $$/hr of current employees and that number is shrinking rapidly, but still favors the imports by 18% -ish.
3rd is sales. GM has sales 2nd only to Toyota!! Think about that for a second and they were number 1 for the last 50 years.
The only way out for GM is bankruptcy and that is the sad truth.
Bottom line is 1st and foremost is retirement costs for retired workers. This is the fault of management from decades ago when GM was the car industry. When every Cadillac made could be sold 100% utilization......management at that time beckoned to the unions call and current management is paying the price. At that time no one thought healthcare would rise at the rate it did. Any company that made 100% healthcare w/pension deals back then is bankrupt or close to it (GM). I love Nissan and Toyota, but if either would have had deals like that they would be in the same boat today.
2nd reason is $$/hr of current employees and that number is shrinking rapidly, but still favors the imports by 18% -ish.
3rd is sales. GM has sales 2nd only to Toyota!! Think about that for a second and they were number 1 for the last 50 years.
The only way out for GM is bankruptcy and that is the sad truth.
Citroen and Ford are still on rallies, right? Now, THAT is a reason to cry
.
.No matter how you look at it folks this is a Domino effect. GM not only produce cars, they also work with gazillion other subcompanies (Goodyear,3m,delco, etc) I mean the list goes on an on.
This is a reflect of the economy, right now we just fell down in our faces and that goes worldwide(Honda out of Formula one, Mitsubishi CEO crying when he announced that Mitsubishi wouldn't represent on Rallies, Subaru is out, Suzuki is also out...
They will be a huge job cut and some rearranging of the finances but I think we will recover from this, it is the matter of time.
Carlos
This is a reflect of the economy, right now we just fell down in our faces and that goes worldwide(Honda out of Formula one, Mitsubishi CEO crying when he announced that Mitsubishi wouldn't represent on Rallies, Subaru is out, Suzuki is also out...
They will be a huge job cut and some rearranging of the finances but I think we will recover from this, it is the matter of time.
Carlos
guys, please try to leave politics out of the discussion. if you feel you must there are forums for that elsewhere.
same goes for global warming, go elsewhere if you want to preach
same goes for global warming, go elsewhere if you want to preach
needless to say gmpd cars where the only thing worth buying. gm is gonna be boring like honda and toyota now.
zr1 is not axxed
DETROIT - There's a bit of confusion following Automotive News' report Wednesday that General Motors has shut down its High Performance Vehicle Operations. HPVO's 60 engineers have been moved to other projects, mostly alternative fuel/powerplant vehicles and getting better fuel mileage out of conventional internal combustion engines, for example.
GM will continue to produce low-volume performance cars that have been designed, including the Cadillac CTS-v sedan, Chevrolet Cobalt SS and HHR SS and, of course, the Australian-sourced Pontiac G8 GXP. Spokesman Vince Muniga likens it to Ford's shutdown of its Special Vehicle Team about three years ago. Ford has just unveiled SVT versions of the F-150 (Raptor) and 2010 Taurus (SHO).
And because the CTS-v sedan has been on sale for several months, there's a good chance you'll be able to buy a CTS-v coupe some time in 2011, following the 3.6-liter V-6-powered coupe's planned launch in late 2010.
Corvette engineering and design were never part of HPVO, so ZR-1, Z06 and even Camaro SS production are not affected. We've reported, however, that Chevrolet's Z/28 version of the Camaro, which would have used the CTS-v's engine/tuning, is on indefinite hold.
So what does this "hiatus" affect? Mostly future product that would have gone through the HPVO pipeline. Frankly, that makes this almost a non-story, as cash-strapped GM has put much of its future product on hold in order to get the 2011 Chevrolet Volt and Cruze on the market (the new Opel Insignia, just launched in Europe, too). You were expecting, maybe, a Volt SS or Cruze SS?
Indeed, the future of GM's performance division relies as much on what emissions and fuel economy standards the government imposes on the auto industry as it does on whether the automakers get any more federal money.
zr1 is not axxed
DETROIT - There's a bit of confusion following Automotive News' report Wednesday that General Motors has shut down its High Performance Vehicle Operations. HPVO's 60 engineers have been moved to other projects, mostly alternative fuel/powerplant vehicles and getting better fuel mileage out of conventional internal combustion engines, for example.
GM will continue to produce low-volume performance cars that have been designed, including the Cadillac CTS-v sedan, Chevrolet Cobalt SS and HHR SS and, of course, the Australian-sourced Pontiac G8 GXP. Spokesman Vince Muniga likens it to Ford's shutdown of its Special Vehicle Team about three years ago. Ford has just unveiled SVT versions of the F-150 (Raptor) and 2010 Taurus (SHO).
And because the CTS-v sedan has been on sale for several months, there's a good chance you'll be able to buy a CTS-v coupe some time in 2011, following the 3.6-liter V-6-powered coupe's planned launch in late 2010.
Corvette engineering and design were never part of HPVO, so ZR-1, Z06 and even Camaro SS production are not affected. We've reported, however, that Chevrolet's Z/28 version of the Camaro, which would have used the CTS-v's engine/tuning, is on indefinite hold.
So what does this "hiatus" affect? Mostly future product that would have gone through the HPVO pipeline. Frankly, that makes this almost a non-story, as cash-strapped GM has put much of its future product on hold in order to get the 2011 Chevrolet Volt and Cruze on the market (the new Opel Insignia, just launched in Europe, too). You were expecting, maybe, a Volt SS or Cruze SS?
Indeed, the future of GM's performance division relies as much on what emissions and fuel economy standards the government imposes on the auto industry as it does on whether the automakers get any more federal money.
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