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Mean Street: Why The New GM Is Destined To Lose
Keywords:
Over 60% of GM revenues in North America come from larger vehicles and SUV's. This is the situation as oil prices are rising and change is sweeping across the Middle East. Another problem is overcapacity in the auto industry. The overinvestment is highlighted by the recent decision of Geely to invest $10 billion in Volvo to double production to 800,000 units over 5 years. The car industry can produce 94 million cars the Economist magazine estimates, and demand worldwide is only 64 million. One estimate shows production capacity could reach 40 million in China by 2015!
GM China performance
03/28/2006
General Motors has its second largest market in China where it sold more than 1 million cars. In 2007 and sales growth was 21%.
Grouped Articles
Wall Street Journal 04/19/2013
Luxury Car Makers Brace for Slower China Sales
Wall Street Journal 04/22/2013
Auto Sales Keep Humming in China
Wall Street Journal 05/09/2013
GM Shifts Executives Amid International Push
Wall Street Journal 08/02/2013
Unrest May Signal New Phase in China Economy
New York Times 05/29/2010
Wall Street Journal 10/28/2013
GM, Ford, Chrysler and the Big Pickup Market
06/02/2006
2.4 million full size pickups sold in 2005 with $67 billion in sales revenue.
Grouped Articles
Wall Street Journal 07/29/2015
Wall Street Journal 08/01/2006
High Fuel Prices Don't Dent Love Of Gas Guzzlers
Wall Street Journal 07/18/2006
GM Chief: Industry Ill-Placed for Oil Shock
Wall Street Journal 03/01/2011
Small Cars Help Lift April Auto Sales
New York Times 05/03/2011
Detroit's No Good, Very Bad May
BusinessWeek 06/02/2006
The future for auto sales in the American market after the 2009 auto crisis.
01/12/2009
Differing views on the prospects for the auto industry looking forward, and what will determine success. The situation in the auto industry before the government led bailout and the planned bankruptcies of GM and Chrysler.
Grouped Articles
Chrysler Posts $172 Million Loss Amid Sluggish Sales
Wall Street Journal 08/09/2010
Chrysler’s Fall May Help Administration Reshape G.M.
New York Times 05/03/2009
U.S. Auto Sales Surge in December
Wall Street Journal 01/06/2015
Wall Street Journal 07/30/2009
Car Sales Are Stuck in Slow Lane
Wall Street Journal 06/29/2010
Car Makers Help Drive Economic Recovery
Wall Street Journal 07/27/2011
Global overcapacity in the auto industry: 2011-2013
09/18/2010
As growth slows in China's automobile market there will be growing auto manufacturing overcapacity in China. Worldwide manufacturing capacity exceeds demand by a wide margin. This will pose serious problems in a new downturn.
Grouped Articles
Car Makers Hit the Age Speed Bump
Wall Street Journal 09/18/2010
Wall Street Journal 10/23/2010
China’s motor industry: The coming crash
Economist 04/25/2015
Economist 01/15/2011
Wall Street Journal 02/28/2011
As Firms Rev Up, the Slack Tightens
Wall Street Journal 05/18/2011
Incentives and margins in the U.S. Auto Industry- 2010-2012
01/12/2010
A return to the use of incentives in the U.S. auto industry, reducing profits. Rising overcapacity in the industry.
Grouped Articles
Detroit's Welcome Sticker Shock
Wall Street Journal 05/04/2012
Auto Sales Trends Echo Troubled Past
Wall Street Journal 11/03/2014
Can Autos, Airlines Be Disciplined?
Wall Street Journal 03/04/2011
As Car Sales Boom Automakers get Smarter about Incentives
Washington Post 11/24/2012
Wall Street Journal 12/05/2012
Marchionne Upends Chrysler's Ways
Wall Street Journal 01/12/2010
Geely in the European market
02/28/2011
Grouped Articles
Chinese Car Maker Geely to Sell Sedan in U.K.
Wall Street Journal 12/14/2011
Geely Readies Volvo Sharing Deals
Wall Street Journal 03/09/2012
Mean Street: Why The New GM Is Destined To Lose
Wall Street Journal 02/28/2011
Chairman of China’s Geely Has 9.7% Stake in Daimler
WSJ 02/24/2018
Chinese cars for western markets
10/18/2006
Prospects for Chinese cars to make inroads into western markets. Distinguishes between Chinese companies like Geely and joint venture cars by Honda, Toyota, Daimler etc made in China for export. Issues of safety, styling etc. Efforts to enter the U.S. market in 2013.
Grouped Articles
Chinese Automakers Quietly Build a Detroit Presence
New York Times 05/12/2013
Volvo and Geely Develop a Subcompact Car
Wall Street Journal 01/27/2014
GM to Import Chinese-Made Buick SUV
Wall Street Journal 11/13/2015
Not Coming Soon to a Lot Near You: Chinese Cars
New York Times 10/18/2006
After Volvo Deal, China's Geely To Launch Dozens of Car Models
Wall Street Journal 04/23/2010
Honda's Long-Haul Dilemma in China
Wall Street Journal 06/24/2010
GM (General Motors) and markets in Rural China
01/14/2008
Grouped Articles
Wall Street Journal 10/28/2013
Wall Street Journal 04/25/2014
China Crackdown Set to Benefit GE
Wall Street Journal 12/29/2014
Economist 08/24/2015
GM Bets Big on Rural China Markets
Wall Street Journal 05/11/2011
General Motors Hits Bumpy Patch Abroad
Wall Street Journal 11/10/2011
Oversupply in China's automobile market in 2012-2015
08/24/2010
After years of surging automobile sales a slowdown in China in 2012-2013. This happens as foreign automakers continue to add capacity and reduces prospects of GM, Toyota, and VW in the Chinese market.
Grouped Articles
Luxury Car Makers Brace for Slower China Sales
Wall Street Journal 04/22/2013
China Traffic Jam Could Last Weeks
Wall Street Journal 08/24/2010
Chinese Car Buyers Should Keep On Motoring
Wall Street Journal 12/26/2013
Wall Street Journal 10/23/2010
Toyota Revs Up Ambitious Plans for China
Wall Street Journal 04/21/2014
Subsidies Stoke China's Domestic Car Makers
Wall Street Journal 05/24/2014
Marketing push by Japanese automakers including higher incentives and higher inventory levels at U.S. automakers 2012-2014
01/12/2010
Japanese automakers have sharply increased incentives to increase sales after the tsunami. This hits U.S. automakers in a double whammy. Ford, GM and Chrysler benefitted from the impact of reduced supply at dealers of Japanese automakers, now they have to deal with a reversal of that situation as well as higher incentives by the Japanese. About 38% of Toyota sales are at zero percent financing in 2012. U.S. automakers are reluctant to go too far down the incentives road as it has hurt them in the past. The result is higher dealer inventories for U.S. automakers in Dec. 2012, another problem that hurt automakers in the past.
Grouped Articles
Wall Street Journal 05/08/2013
Toyota Bounces Back With Strong Profits
New York Times 05/08/2013
Toyota Gains in Mixed Month for U.S. Auto Sales
Wall Street Journal 04/02/2015
U.S. Car Sales Set Record in 2015
Wall Street Journal 01/06/2016
Wall Street Journal 12/05/2012
Marchionne Upends Chrysler's Ways
Wall Street Journal 01/12/2010
Huge manufacturing overcapacity in the global auto industry.
12/31/2008
During the boom years manufacturers kept building new plants which suggested overcapacity even at the markets levels of the time. Now with the market sales down by 30-40%, there is huge manufacturing overcapacity. As much as 34 million vehicles or 100 plants may no longer be needed, if sales remain at the new level of 60 million vehicles wordwide for years. The situation in 2009 and 2010.
Grouped Articles
Automakers' Overcapacity Problem
BusinessWeek 12/31/2008
Economist 10/01/2009
Car Sales Are Stuck in Slow Lane
Wall Street Journal 06/29/2010
Economist 01/15/2011
Mean Street: Why The New GM Is Destined To Lose
Wall Street Journal 02/28/2011
China's automaker Geely.
05/17/2006
Grouped Articles
Auto Sales Keep Humming in China
Wall Street Journal 05/09/2013
Geely's Li Doubles Down on Volvo
Wall Street Journal 06/06/2013
Chinese Car Makers Struggle to Lure Buyers
Wall Street Journal 04/21/2014
China's Geely Shouldn't Drive Solo
Wall Street Journal 04/21/2014
Subsidies Stoke China's Domestic Car Makers
Wall Street Journal 05/24/2014
China’s motor industry: The coming crash
Economist 04/25/2015
Geely's acquisition of Volvo.
03/29/2010
Grouped Articles
Geely's Li Doubles Down on Volvo
Wall Street Journal 06/06/2013
Geely Hopes to Boost Volvo Globally
Wall Street Journal 03/29/2010
For Volvo, a New Life Under Chinese
Wall Street Journal 03/29/2010
Geely's Volvo Plans Take Shape
Wall Street Journal 08/27/2010
Volvo Trades on Swedish Heritage to Sell Cars
Wall Street Journal 12/26/2013
Volvo and Geely Develop a Subcompact Car
Wall Street Journal 01/27/2014
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