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Jeep Wrangler has one of the highest resale values ever in the history of automobiles. I'd suspect they'd trim the line vs. selling it or deleting it.
Reading the latest details, I started thinking that Jeep will probably not survive this round of consolidations/cutbacks...Chrysler will HAVE to merge with someone else and all the "bailout" money will hinge on fuel economy, alternative fuels, etc...Jeeps are "red state" vehicles and simply aren't politically correct in the current climate...Naturally GM will have to dump the Hummer brand...they are a symbol that liberals love to hate...It's gonna be very interesting to see what happens when Congress starts telling the big 3 what they have to build...
Jeep Wrangler has one of the highest resale values ever in the history of automobiles. I'd suspect they'd trim the line vs. selling it or deleting it.
Lets see...what else? Corvettes? dead. Mustangs? gone. Performance cars? Toast.
Welcome to your new 2011 chevryslerford
Oh, no argument that it's a good product and very desirable in the eyes of the ordinary consumer, but the mandated CAFE standards that will be part of the deal will kill them.
The new Camaro should do very well and it isn't just liberals who hate the Hummer. I know many conservatives who would never buy one.
Oh trust me, I would never buy a H2 or H3 Hummer. (although I have always lusted for an H1 LOL) At the same time, I don't HATE people that drive Hummers, I just think they made a bad choice in vehicles simply from a quality/practicality standpoint. I know some liberals though that literally HATE hummer drivers without ever even meeting them just BECAUSE they drive a Hummer.
As a tree huggin' California liberal... ditto.
I don't think anyone has claimed that liberalism negates judgmental ignorance.
I can’t stand the H-2 because I don’t like RAP…(Or spinners)..
I also can’t stand the H-1 because they are just plain ridiculous for city driving…They are noisy and wider than a Suburban…
The Jeep Rubicon is a nice 4x4…I hope the Wrangler survives…
Last edited by CavsSuperFan; 12-02-2008 at 02:08 PM.
H2 is overhyped to the Nth degree by goofs who want others to think they are loaded.
H3 is underpowered but can be modded to be alright.
H1 Alpha and the older real Hummers (can be picked up used for ~25k) are the only ones worth saving up for.
I'd love to get a hold of a 4 door jeep one day. They get mileage, Jeep needs to at least have a V8/diesel option.
I couldn't agree more. One of the oldest mods in the book is a 5.0 Ford 302 in an old CJ.
I had a 50's era Willy's with a Chevy 327 for years. It was a friggin hoot...It would smoke all 4 tires through 1st and 2nd and scratch 3rd when I romped on it...Just had to be careful not to twist the axles off...
Sold it when my son got his drivers license and started "looking" at my toy...he would have definitely killed himself in it...
CC, is the Hummer line making money for GM?
I know it WAS before gas prices ed and then the credit crunch, but they have been shopping it to sell for almost a year with no takers...
NO auto maker is profitable right now.
So eliminating it has nothing to do with anything but being smart with money, correct? I mean, gas is low right now but I don't know anyone who expects it to stay there in the long term. I don't give a about anyone's ideology, but I don't want to see GM producing vehicles with negative profits. Thats just ing ridiculous.
Is anyone in the market for a brand new vehicle right now?
Plenty of people are considering there are great deals out there.
Why buy a used truck for 15k when you can get a decently loaded one for 19k.
Well, not plenty...but not everyone has a ed up financial situation. Some are in paradise right now with the ty economy.
It's not that there aren't people out there that WANT the product, It's the relatively easy financing that is gone. Maybe for good. They were shopping the Hummer unit because it DID have value and GM needed the cash. GMAC, which in the "good times" supplied a lot of income to GM is in the toilet along with all the other high flying financial firms.
I'm not hurting and I'm loving these gas prices but the last 2 vehicles I've purchased have been used.
If it had great value it would have been sold but they've been shopping it for some time. And just because there are potential consumers for a product doesn't mean its a good investment. The most telling fact to me is that they've been shopping the brand for quite some time and no one bought it.
Its not like they can't go back to this supposed gold mine if things change but right now I see no reason for tax payers to finance this boondoggle of a brand to keep a few people happy.
The lack of profit has more to do with buying dealerships being bogged down with over inventory in the form of interest. Most dealerships don't pay cash for their inventory they pay interest to floor their models. When a unit sits the interest adds up and it becomes counterproductive. Since there is a massive log jam due the banks not lending the cost of production is out weighing the ability to get units floored.
Then introduce banks like GE finance who handle a very large portion of dealers flooring abilities. GE has suspended all flooring with the exception of a small few. So if you do run a lean and productive dealership you're having a uva time getting inventory floored since the banks aren't floating the monies. Damned if you damned if you don't.
Hummer was hit harder than any of the trucks or large SUVs during the gas e. It never did anywhere near what run of the mill trucks and SUVs did so it became expendable.
LOL
Manny, who buys car brands?...Other car makers...they are ALL struggling. Thus, no takers at the price GM wanted for it...
You realize Toyota sales are down just as much as Fords and GM's right?
And you don't approve of a bailout if it includes brands you don't approve of, but support it if you like the brand? LOL...how very inconsistent...
My opinion is a little more clear cut. bailing them out. Let them go chapter 11 and let a bankruptcy judge sort them out...if they aren't viable, break em up and sell the parts off. If they can downsize and remain viable then do it. either way it's not our responsibility to "save" them.
with Jeep...who are you daisy duke?
Just curious...do you feel the same way about the bailout for the financial companies? or those who bought homes they could not afford? I know that some were duped into buying with an ARM but to me, and call me cold hearted, those who over bought because they wanted that big sq.footage need to suck it up and foreclose if need be. Why should those of us who bought our homes wisely have to pay for those who didn't?
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