Re: R.I.P. General Motors (1931-2006)

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Low quality low-priced cars.
I used to own a Cavalier.
Might be a good commuter car for the wife, but in the long run it proved to be a piece of junk.
Same can be said of my '95 'Tour
my '86 Renault 5 was more reliable :)
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The Vibe and the Matrix ARE the same car with different trim as well. As a percentage of the original drive home price, the Vibe will most likely have the best return, since the Matrix costs an average of $1,500 to $2,000 more to drive home when equipped the same.
mike hunt

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However the smarter ones are buying the Vibe because they know the Matrix costs an average of $1,500 to $2,000 more to drive home when equipped the same and the value of a used Matrix in five years will not be $1,500 to $2,000 greater.
mike hunt

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Absolutely correct. Unless minor styling differences made the vibe 'ugly' for a buyer, one who was educated would buy the Pontiac over the Toyota.
however, Mike, do you also see how this is the problem (or at least 1 part of the problem) GM has? 2 cars, built on the same line with the same quality. GM charges (say) $2k less than Toyota. now, Toyota's responsibility is to maximize shareholder value. So is GM's. the problem is that GM's reputation from the past 20-30 years has eroded it's name-brand. Therefore, they CAN NOT charge the same as toyota, because of people's opinions of them (poor quality, whatever). So, GM might make a couple-hundred off each vibe, but for the same per- unit cost Toyota is making an extra $1.5k! Money Toyota can pump back into engines, structures, and research. It's a shame, but it's a fact of GM's life. Higher union costs, higher legacy costs, and a lower opinion in the marketplace leads to slimmer profit-margins. or, 10+ billion in losses.
JP
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