What’s your take on the New GM?

I remember the news back in ‘07  that GM has posted a profit. Surprising just how much can happen in just 2 years. Sure, they had struggled for years prior to that, but 1) seemed to have turned a corner and 2) were releasing better products.

Now that “Old GM” is gone, and a “New GM” is emerging, what are your thoughts on them and what would you like to see? I still like the vehicles (mostly) that GM is selling, and like some of the ones in the pipeline (like the Volt). I wouldn’t mind seeing some go away or replaced (Aveo could certainly be better looking, small cars don’t have to be bland), but I don’t want a major overhaul.

The obvious desire is for increased fuel-economy across the line. But I would like to see a small, affordable, convertible. Something to compete with the Miata.

What would you like from the New GM?

Cash for Clunkers

I wanted to discuss the “Cash for Clunkers” program somewhere, so this is the place and now is the time..

I just don’t know if this is anything which is really going to help dealers. The two-fold goal is great…replacing less fuel efficient cars that are on the road with better ones, and increasing auto sales to help dealers. But will people use this to buy a car if they were not planning to otherwise? I’m not convinced. In the state of the economy, with unemployment so high, I don’t see consumers using this as an excuse to purchase. I believe those already shopping for a new car may postpone their purchase if they fit the criteria…but that’s it.

Cars are a major investment, a bit of a discount isn’t something that’s going to pull in a large number of buyers…a great new job on the other hand…

I’d like to hear other people’s thoughts, because I could be way off on this. So, do you believe Cash for Clunkers will increase car sales? Might the “increase” seen just reflect any increase in jobs? Comment below.

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