GM Share Surges to hit 22.4% - AMERICAN GOOD NEWS

Oct 16, 2009 Full story: news.yahoo.com 124

General Motors Co.'s retail market share will climb to 22.4 percent in October, helped by new product launches.

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“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#1 Oct 16, 2009
Looks like GM will gain retail. Americans are great people, we can do anything, great job.

I also hear on the other front that Oriental Toyota continues to push its offerings into fleet rental car sales. Bye bye resale value. Toyota has become the old GM.
Big Brother

Canton, MS

#2 Oct 16, 2009
Never thought of it llike that but it's true. The maker that puts more cars in the Hertz and Avis lots will see the resale value go down.
CROWN VICTORIA

Columbus, OH

#3 Oct 17, 2009
its funny before all the Toyo supporters claimed that Toyo didint wan to do fleet sales to keep resale value up, and now that they are dumping all the turds at rental agencys they claim its a brilliant move by Toyo.
Big Brother

Canton, MS

#4 Oct 17, 2009
Just expect the resale value to tank. More people will get a beat up Camry at Hertz and learn the car is nothing more than a pile of junk.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#5 Oct 26, 2009
Still on track-
Gordon

United States

#6 Oct 26, 2009
I have always had good luck with GM and Ford cars. I hope it works out for the US automakers.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#7 Oct 26, 2009
They make wonderful vehicles.

“Welcome to the good life.”

Since: Oct 09

B-Lo

#8 Oct 27, 2009
As a shareholder in GM, I am more interested in profit than market share at this point. Market share means nothing if the business can't turn a profit. A market share increase without any corresponding profit is actually a net liability, as GM will be putting more vehicles on the road subject to warranty repairs and recall.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#9 Oct 27, 2009
The Authority wrote:
As a shareholder in GM, I am more interested in profit than market share at this point. Market share means nothing if the business can't turn a profit. A market share increase without any corresponding profit is actually a net liability, as GM will be putting more vehicles on the road subject to warranty repairs and recall.
Your comments are baseless, as there are no shares to hold. Stop your stupidity.
whatever

Lincolnshire, IL

#10 Oct 27, 2009
JJFADS wrote:
<quoted text>Your comments are baseless, as there are no shares to hold. Stop your stupidity.
Actually there is. Its just not listed as GM anymore.

Motors Liquidation Company (MTLQQ.PK)-
11:42am ET: 0.6020 0.0140 (2.27%)
yyyyy

AOL

#11 Oct 27, 2009
The Authority wrote:
As a shareholder in GM, I am more interested in profit than market share at this point. Market share means nothing if the business can't turn a profit. A market share increase without any corresponding profit is actually a net liability, as GM will be putting more vehicles on the road subject to warranty repairs and recall.
GM will make a profit at 18.5% of the market with 10 million annual sales..
whatever

Lincolnshire, IL

#12 Oct 27, 2009
JJFADS wrote:
Still on track-
Still on track for what?

It's good to see GM marketshare up for Oct., but like the article states there's a lot of ground to make up.

"But GM is climbing from a low base," Edmunds CEO Jeremy Anwyl said in a statement. "Continuing to gain share will be increasingly difficult as other manufacturers fight for consumers."

GM has continued to suffer weak sales following its reorganization under Chapter 11 bankruptcy protection this summer. U.S. sales, including sales to fleet customers, fell 45 percent in September. Sales for the Detroit automaker are down 36 percent during the first nine months of the year."
whatever

Lincolnshire, IL

#13 Oct 27, 2009
yyyyy wrote:
<quoted text>GM will make a profit at 18.5% of the market with 10 million annual sales..
Really?

“Welcome to the good life.”

Since: Oct 09

B-Lo

#14 Oct 27, 2009
yyyyy wrote:
<quoted text>GM will make a profit at 18.5% of the market with 10 million annual sales..
I have ocean front property for you....

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#15 Oct 27, 2009
whatever wrote:
<quoted text>
Actually there is. Its just not listed as GM anymore.
Motors Liquidation Company (MTLQQ.PK)-
11:42am ET: 0.6020 0.0140 (2.27%)
No there isn’t. Motors Liquidation has no affiliation with GM. Motors Liquidation is the old company’s property and debt. I know this subject well as I sold all of my remaining stock right before this all went down. Back to the original post, GM has no shares to offer you at this time. Recap – Motors Liquidation is not GM nor do the shares have anything to do with GM.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#16 Oct 27, 2009
whatever wrote:
<quoted text>
Still on track for what?
It's good to see GM marketshare up for Oct., but like the article states there's a lot of ground to make up.
"But GM is climbing from a low base," Edmunds CEO Jeremy Anwyl said in a statement. "Continuing to gain share will be increasingly difficult as other manufacturers fight for consumers."
GM has continued to suffer weak sales following its reorganization under Chapter 11 bankruptcy protection this summer. U.S. sales, including sales to fleet customers, fell 45 percent in September. Sales for the Detroit automaker are down 36 percent during the first nine months of the year."
Thank you for posting the obvious. What I would like you to do is pay attention to retail transactions pertaining to the down market while factoring reduced fleet at the same time accounting for decreased production. That’s good news. It’s my fault for not pointing this out in the original post; figuring people would “connect” the dots so to speak. For the umpteenth time, I would like to see GM become a much smaller and leaner more efficient company.
whatever

Lincolnshire, IL

#17 Oct 27, 2009
The Authority wrote:
<quoted text>I have ocean front property for you....
haha....funny.
whatever

Lincolnshire, IL

#18 Oct 27, 2009
JJFADS wrote:
<quoted text>No there isn’t. Motors Liquidation has no affiliation with GM. Motors Liquidation is the old company’s property and debt. I know this subject well as I sold all of my remaining stock right before this all went down. Back to the original post, GM has no shares to offer you at this time. Recap – Motors Liquidation is not GM nor do the shares have anything to do with GM.
Well good for you for getting your stock out before it was worthless.
whatever

Lincolnshire, IL

#19 Oct 27, 2009
JJFADS wrote:
<quoted text>For the umpteenth time, I would like to see GM become a much smaller and leaner more efficient company.
GM needed to do that a long time ago. A LONG time ago.

“Most Honored Senior Member ”

Since: Jun 09

Dallas, TX.

#20 Oct 27, 2009
whatever wrote:
<quoted text>
Well good for you for getting your stock out before it was worthless.
Hey, I was bummed. Still lost plenty but hey, oh well…..

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