Chevrolet Employee Discount__thoughts

Maack wrote:
> "" wrote:
> > Top of the evening,
> >
> > The advertisments claim that GM is giving everyone the
> > Employee Discount on
> > most of their vehicles through the 4th of July and talks of
> > the end of
> > July. It seems to be working
> > around here, a lot of new cars/trucks on the road with Dealer
> > tags.
> >
> > What are the thoughts of the group, do you think this will be
> > done by other
> > manufacturers? Do you think it will be done again for GM.
> > etc....
> >
> > thanks to all
>
> local news i think it was fox in boston was just talking about this
> this morning said gm is considering extending promo and that chrysler
> is talking about a simular one, i'm asuming for chrysler, jeep dodge
> etc... I know a couple of dodge dealers in MA and RI have bene
> advertising on radio that they are offering discounts below employee
> price. looking at discounts listed on GM sites im happy to see i was
> able to haggle for a price even lower when i bought my 04 silverado
> last year. I know alot of manufacturers are hurting right now, gm
> anounced a week or so that they were going to be getting rid of a $h!t
> load of positions in the next few years. gm is actually building a
> new distribution center around the corner from me, saposably its gona
> be there largest non-manufacturing facility.
>
> --
With a 41% increase in sales for the month, that really got their
attention as to the price elasticity of vehicles. It's hard to shut
that off, but if it continued they would run low on stock. All those
extra sales are not pull ahead sales or even sales taken away from
competitors. Some folks just decided to get out of those old cars and
buy new when the value for dollar was there. Jokingly, could this be
the start of the deflationary spiral some analysts warned about?

The biggest problem for GM now is that it is costing 1500 dollars per
vehical in pension and medical care for life benifits to retirees.I expect
them to default on them like the airlines are doing now.
"Al Bundy" <MSfortune.RemoveThis@mcpmail.com> wrote in message
news:1120337239.804455.287240@f14g2000cwb.googlegroups.com...
>
>
> Maack wrote:
>> "" wrote:
>> > Top of the evening,
>> >
>> > The advertisments claim that GM is giving everyone the
>> > Employee Discount on
>> > most of their vehicles through the 4th of July and talks of
>> > the end of
>> > July. It seems to be working
>> > around here, a lot of new cars/trucks on the road with Dealer
>> > tags.
>> >
>> > What are the thoughts of the group, do you think this will be
>> > done by other
>> > manufacturers? Do you think it will be done again for GM.
>> > etc....
>> >
>> > thanks to all
>>
>> local news i think it was fox in boston was just talking about this
>> this morning said gm is considering extending promo and that chrysler
>> is talking about a simular one, i'm asuming for chrysler, jeep dodge
>> etc... I know a couple of dodge dealers in MA and RI have bene
>> advertising on radio that they are offering discounts below employee
>> price. looking at discounts listed on GM sites im happy to see i was
>> able to haggle for a price even lower when i bought my 04 silverado
>> last year. I know alot of manufacturers are hurting right now, gm
>> anounced a week or so that they were going to be getting rid of a $h!t
>> load of positions in the next few years. gm is actually building a
>> new distribution center around the corner from me, saposably its gona
>> be there largest non-manufacturing facility.
>>
>> --
> With a 41% increase in sales for the month, that really got their
> attention as to the price elasticity of vehicles. It's hard to shut
> that off, but if it continued they would run low on stock. All those
> extra sales are not pull ahead sales or even sales taken away from
> competitors. Some folks just decided to get out of those old cars and
> buy new when the value for dollar was there. Jokingly, could this be
> the start of the deflationary spiral some analysts warned about?
>