GM’ Saturn, Saab and Hummer brands are not dead yet, but a few dealers are now curtailing car orders like they were. Showroom traffic is slowed now to some trickled since General Motors announced the 3 brand names were up there for 'strategic review' giving Hummer, Saab and Saturn dealers small incentive for ordering new autos.
The sales in February were quite dismal for all 3 brand names, having Saturn posting in the best month - a 57 % decline in sales. Saab and Hummer saw sales dip being 62 and 68 %, in February.
So, many dealers stopped all car orders. Stocked auto inventories are not helping that, either. 'Ordering cars wouldn’t be on my agenda or a lot of other GM dealers. I’ve got plenty' Dan Jonuska, a dealer for Saturn in Arizona, told The Detroit News. 'People are hearing about Saturn’s future and are looking for huge discounts, going out of business sales.'
This is bad news for General Motors on a few fronts. After a massive 1st quarter slowdown production, GM plans to ramp up the 2nd quarter production. If the dealers are not ordering, many vehicles would fleet.
The accounting system of GM books revenue also as cars roll off the buildinfg cars floor, not when all of them are sold by the dealers, that could put a stop, chokehold on the cash flow for GM.
but, if GM is receiving an approval seal from the government this month, this could give that car giant some momentum. But if it's bad news on March 31st, General Motors could face a true uphill fight.
|6000 pre-orders only for the Dodge Challenger|
|Computer errors are slowing down the clunkers submissions|
|Jaguar Land Rover will be closing one of its plant|
|SBA announces all-new program for helping dealers with the floorplan financing|
|Nissan will start taking orders for the GT-R on Jan 1st next year|
|VW is taking 13,000 pre-orders for its fabulous Polo unit|
|150,000 cars were sold via United Kingdom scrappage|
|GM helps dealers to consolidate their luxury brands|
|Chrysler will divide its 4 brands in the showrooms|
|Lotus to cease production of the Europe this year|
|Ford Fiesta ST Mountune UK|
|Ford Focus ST by Mountune Performance UK|
|1104HP Zenvo ST1 (1225000 dollars)|
|Aston Martin Cygnet Special Edition by Colette|
|Volvo C30 Green Racer|
|Renault Stepway Dacia Sandero SUV|
|Latest||Cars & News|
|2018 Buick Enclave review|
|2017 Ford F-250 XLT Super Duty review|
|2015 Audi A8 L Chauffeur review|
|2015 McLaren P1 by MSO review|
|2015 Mercedes-Benz S63 AMG Coupe review|
|2020 Porsche Macan GTS comes to fill Macan S and Macan Turbo range|
|Suzuki Jimny is set to get competition from Jeep|
|Toyota Highlander will be available in petrol only or hybrid powertrain|
|Skoda Rapid facelift was unveiled in Russia|
|McLaren 620R is the limited edition street version of the 570S GT4|