GM / Honda response about falling Feb sales

Both GM and Honda sales fell in Feb. What was the response of each company?
Honda: Our second best selling model, the civic, is an old design now and no longer competitive, we will redesign it for next year.
GM: It was cold and snowing thus sales were down (although Toyota/Nissan seemed to do quite well). We are hopeing this global warming thing takes off soon so it doesn't snow anymore and our sales will go up.
Which company would you invest in? Ever wonder why toyota/honda/nissan are kicking GM and Ford to the trash?
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GM's Unpublished Response To Slow Sales : Too many guys like harryface just sitting on his money & not spending it on cars every four years.
Dats right ! ; - )
========Harryface ======== 1991 Pontiac Bonneville LE 3800 V6 ( C ), Black/Slate Grey _~_~_~299, 999 miles_~_~_
~_~_~_~_U.S.A._~_~_~_~_~_
~~~The Former Fleet ~~~ 89 Cavalier Z 24 convertible 78 Holiday 88 coupe 68 LeSabre convertible 73 Impala sedan
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snipped-for-privacy@webtv.net says...

That and a lot of the design crew are women so that means sh*tty designs and dinky interiors. No room for Harry Face's 55 gallon hick cowboy hat!
_________________________________________________________________ Dennis Smith -1971 Trans Am - 455 H.O. - M21 4speed - Cameo white/blue stripe- -1973 Trans Am - 455 - TH400 auto - Buccaneer red- -1984 Trans Am - 5.0 L - TH700R4 auto - Royal blue/silver aero- _________________________________________________________________
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Sales of both GM and Ford individually, in cars and trucks, far exceed those of Toyota Honda and Nissan COMBINED in cars and trucks, let alone in individual sales of each brand in cars and trucks. Get real
mike hunt
snipped-for-privacy@mailcity.com wrote:

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I was waiting to see if Mike Hunt would respond to this post and just how badly he would miss the point.
You didn't disappoint Mike.
Thanks,
Chuck in Phoenix
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It seems you are the one missing the point. You comment is an attempt to denigrate GM in a GM, NG but you premise is flawed. GM market share is indeed dropping but the fact remains the market is growing, and GM is not loosing total annual sales. It is only doping in it share of the ever growing market and the every growing number of players in the market. The fact you are overlooking is GM is selling MORE cars and truck annually than at anytime in the history of GM, period. No other manufacture, with the exception of Ford, even if their sales number are increasing, and/or their share of the market is increasing, sells anything near the number of vehicles annually, as does GM. The largest share held by ANY import brand, Toyota, is just over 10%. That is less than 1/3 of GM share. In fact GM sells more trucks than Ford in the US, than all Toyotas divisions sells both cars and trucks combined in the US.
mike hunt
Chuck wrote:

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Hey Mike Up here in Canada GM has asked the Canadian Government to help bail them out...In Canada Plants only as far as I know so what is up with this Mike?? Iron

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Iron, that is absolute bullshit! Do you not read the news? Turn on the TV? GM Canada just announced a $2.5B investment in its Canadian plants two days ago. This is the biggest automotive investment in Canadian history. GM is spending a lot of the money over in Oshawa on a major retooling, a new paint shop, environmental upgrades, energy-related projects and training at the Oshawa plants. The Feds and Province are kicking in just under $ 400Million in acknowledgement of GM's massive investment. Governments do that Iron! It's called creating jobs! Iron, did you not get that news on your SuperNews service? You embarrass yourself Iron!
For the record, GM simultaneously announced a major grant (I believe it was $ 50Million) to the Engineering Dept. at McMaster University in Hamilton.
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Beat me.
mike hunt
Iron wrote:

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Incorrect, total sales (the number of units sold year-over-year) declined in February for both GM and Ford.

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The figures in my post are completely accurate as published in 'Automotive News' You are free to to believe whatever you wish, but when the monthly sales figures are released they are NOT year to date. The comparison is to the same month last year.
I would suggest you do some research, on a subject of which you apparently have little knowledge, before you chose to post your opinion on that subject.
"James C. Reeves" wrote:

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He will be singing that same old song when they close the doors.
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Don't hold your breath LOL
mike hunt
tango wrote:

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It is sad, but GM today does not have a single four door automobile on the market which can reasonably claim to be best-in-class.
I sure am glad that I finally sold that last of my GM stock early last year. What a disappointment this one time leading company has become.
John
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Hey MIKE, Your absolutely right about GM, thats why today it's stock price closed at the lowest in 1 year.
Is this why Toyota is worth FIVE times what GM is? And doesn't Toytoa make 3 to 4 times as much profit as GM does?
And even in total number of cars, GM is falling. It's gone down by 300,000 TOTAL cars in the past few years (NOT just market share).
Oh, yes, GM produces the most reliable cars in the world.
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I was not commenting on who earns the most money, indeed Toyota does. Toyota has the advantage of making the majority of its vehicles and parts in low wage countries. They also have the advantage of merely assembling vehicle in the US, in low wage states with employees that receive fewer benefits and less desirable pensions while assembling the vehicles of mostly lower cost imported parts, even though toyotas vehicles sell at 20% to 30% more than the comparable sized and equipped competitors vehicles. Furthermore Toyota does not pay a penny in US federal corporate income taxes. GM and Ford on the other hand pay millions in US federal corporate taxes. I was simply replying with the facts on your incorrect comments on GM sale numbers. Once again I must correct you statement. You chose to refer to sales of cars but neglect the fact that the market increases over the past ten years has been in millions of trucks, not cars. Although they may sell fewer cars now, in total numbers of car and truck GM as well as Ford their sales are up, not down. GM and Ford sell more trucks alone than Toyota sells cars and trucks combined. By the way unless one is a Japanese citizen, you can not buy direct shares issued by a Japanese corporation.
mike hunt
snipped-for-privacy@mailcity.com wrote:

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What was the share price of your GM stock when you sold? How many shares did you sell?
mike hunt
John Horner wrote:

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