AD #2689 – Corvette Shows Off Convertible C8, UAW Officials Turn on Their President, Silverado Closes Gap with Ram

October 3rd, 2019 at 11:41am

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Listen to “AD #2689 – Corvette Shows Off Convertible C8, UAW Officials Turn on Their President, Silverado Closes Gap with Ram” on Spreaker.

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Runtime: 7:35

0:07 UAW Officials Turn on Their President
0:53 GM Posts Strong Q3 Sales. Ford and FCA Not
1:27 Silverado Closes Gap with Ram
2:03 NHTSA Concerned with Tesla Summon Feature
3:49 AAA Finds Problems with Safety Systems
4:42 Ford Gives Us Peek at Its Mobility Business
5:47 Corvette Shows Off Convertible C8
6:42 Racing Version of Corvette C8

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54 Comments to “AD #2689 – Corvette Shows Off Convertible C8, UAW Officials Turn on Their President, Silverado Closes Gap with Ram”

  1. Larry D. Says:

    the AAA story is in direct contrast with the foolish Ford story after it, Foolish Ford is wasting billions on the stupid mobility fad instead of designing a bunch of SUPERIOR sedans that would SELL like the Camry, Accord, Civic and Corolla STILL DO.

  2. Don B. Says:

    I really think the GMC Sierra sales should be included in Silverado numbers or at least list the numbers separately.

  3. Larry D. Says:

    I do not buy the fairy tales that GM is losing even a DIME from the strike, and the data (Q3 results) fully support me in this. The only loser is the UAW workers who idle, get fat and unhealthy, and get only $250 a week.

  4. Kit Gerhart Says:

    I guess my Camry has pedestrian detection technology, but I don’t know what it’s supposed to do. I figure pedestrian detection is one function of the driver. If this tech is ever actually needed, hopefully it will work.

  5. ChuckGrenci Says:

    Pickup trucks remain strong, competition tightening so what’s in store in the long run; Autoline will be there first when something happens.

    Tesla summons feature does appear to need some work, and the clip shows it heading against the grain of the parked cars (in the frame shown).

    Petty impressive that the convertible Corvette C8 can add a hard convertible top and retain its already spacious (for a sports car) storage space. Maybe a little pricey but if you want a true convertible probably worth it. (the premium falls to around $7,000 for the 2LT and the 3LT).

  6. Kit Gerhart Says:

    Wasn’t the Fisker Karma a really crude, noisy, unreliable plug-in hybrid? Is the renamed Mk II version any different?

  7. Larry D. Says:

    6 It’s a sad joke, then and now. All hat and sure no cattle, as they say in TX.

  8. Wine Geek Says:

    Hey Larry Ford has always been a laggard when it came to innovation. Keeping models in production way after they were in desperate need of replacement. Not adding safety systems when everyone else was way ahead of them I loved the “pre-charged braking system” they had instead of automatic emergency braking it was great but it only worked if you happened to see the accident coming and slammed the brakes on, otherwise you just slammed into the car in front of you. This was while every other manufacturer at all price levels had automatic emergency braking that actually slowed down or stopped the car. I agree that the entire autonomous thing is a joke and may never come to pass at any reasonable production level.

  9. cwolf Says:

    I fail to see why the UAW leaders may not sell a new contract to the members. Helping the Feds shows an effort to clean house and reflects upon the intended concept that the UAW’s only goal is to represent the worker. If a fair deal is offered it will be accepted, regardless of internal troubles.

    The marketing people of car company’s made a ton of money selling these worthless safety devices, so I wonder how long it will take the buyers to join together demanding their money back? I see a law suit coming!

    Ford may have something worth while 3-D printing cities, like Ann Arbor, to deal with congestion problems. After seeing the stadium was included, I quickly noticed the over crowded area around “Zingerman’s Deli” a perfect example. Geez…I love that place!

  10. Larry D. Says:

    9 Congestion in… Ann Arbor?? LOL. the idiots at Ford are truly clueless.

    As the late great MIT Prof. Al Drake put it, when he visited AA and gave a talk, “you lucky dogs, Ann Arbor does not have a rush hour, it has a rush MINUTE.”

  11. Larry D. Says:

    The Q3 results given here hide the massacre at Ford, whose September was 12% down, despite the fact that it was GM that had the strike.

    In September 2019, FCA was way Ahead of both Ford AND Toyota, with a 14.14% market share, vs. 13.26 for Ford, and 13.30 for Toyota, who was down but still came ahead of Ford!

  12. ARHPG Says:

    1. Sales of Camry, Accord and other similar sedans are declining, not growing; therefore, Ford is looking for broader marketing opportunities rather than a narrow-vision attack on the sedan market, where they know that they can’t compete.

  13. Kit Gerhart Says:

    9 Apparently the safety devices are now pretty cheap to make, since most are standard in a Base Corolla. The expense may be in law suits, if their effectiveness is over-promised too much.

  14. Bob Wilson Says:

    Just a word of caution about early, non-SEC filed reports on Tesla. The ‘SHORTS’ have spread so much fear, uncertainty, and doubt (FUD), everything not SEC filed is just an unreliable rumor including internal Tesla emails and tweets.

    In contrast, tracking Tesla SEC filings, we see production continues to increase Q1, Q2, and now Q3. In four weeks, we’ll see the Q3 financials.

  15. Larry D. Says:

    12 No. While they are off their stellar peaks, they still sell very well, and the Hondas in particular, who never sold to fleets at bargain basement prices, are still very protitable. The New CIVIC in particular is RED HOT.

  16. Kit Gerhart Says:

    12 Camry sales for the last 4 months are up over last year. Maybe sales of sedans are starting to stabilize. Of course, Ford helped Camry sales somewhat, but getting out of the car business.

    http://carsalesbase.com/us-car-sales-data/toyota/toyota-camry/

  17. Larry D. Says:

    13 Some very useful safety options such as lane departure warning are available even in the cheapest Hyundais and Kias.

  18. Jon M. Says:

    I have a great idea for pedestrian detection technology…or shall I say, technology-less. It’s called keep your eyes the road, your hands upon the wheel and always assume the other person can’t see you. But this would mean no texting or emailing. In fact, you might have just leave your phone in the console. Nah, that would require a deliberate effort to focus on driving, and that’s too much work for too many drivers. Heck, around where I live it seems like a bicyclist or pedestrian is killed by a hit and run driver every week. So then again, I guess its not too much work when you’ve caused damage, injury or death.

  19. Larry D. Says:

    18 People here, especially college students, never seem to look where they are going when they cross a street or walk in general. They are always looking at their stupid i-phone. I am amazed we don’t have hundreds of them in crutches, from all the falls they should have been having.

  20. Lambo2015 Says:

    John; I’m still unclear on how GM is losing any money right now. They have inventory and continue to sell vehicles and are not paying any labor. Should be rolling in cash. The only way I could see them justifying a loss is if they pushed all inventory to the dealers and consider it already sold.

    The Ram outsells GM basically on discounts. The Ram is almost always cheaper and it would be interesting to see sole profits generated by each truck manufacturer. So although Ram moves more product I bet GM made more money.

    Ford 3D printing of Ann Arbor is cute but surly they know it could have all been done in a solid model computer image. But I guess when you have money to burn.

    I wonder how GM managed the engine heat with the top folded down? Probably not as much of a problem for the hard-top but a soft-top might not fair so well.

  21. Kit Gerhart Says:

    18 Where I am, many of the bicyclists are riding on the wrong side of the street, so it’s no wonder drivers sometimes pull in front of them when turning right from a stop sign. Drivers are used to looking left, not right, when doing that.

  22. Larry D. Says:

    20 100% right. I challenged the fairy tales in 3. above. it is actually quite healthy for GM to trim the inventory, each extra month of it is the thing that Actually is losing billions for GM.

  23. Larry D. Says:

    21 I do this as a pedestrian when I hike with friends, so we can see the oncoming traffic, while if we walked with the traffic we would be unable to see the cars coming behind us fast.

  24. joe Says:

    There goes Tesla again doing something no other auto makers would dare do by using customers do the testing of their “Smart Summon” feature. If other auto makers tried to do the same thing, they’d be get some very serious negative responses. But with Tesla, they seem to get away from that. Tesla has little concerns about people’s safety. All they want to do is make people think they are so smart and are the first. GM is probably way ahead of Tesla in doing this, but they know it’s not ready for prime time, yet.
    Larry, I expect you as a fan boy of Tesla come to Tesla defense.

  25. cwolf Says:

    Tesla sales may have risen for the last 3 quarters, but only the model 3 barely exceeded expectations; The higher profitable models did not. Tesla stock was about 5% lower today.
    Analysts worry that the lower gross margins of the model 3 may limit flexibility and net profits. They predict the loss/share will triple in 2019 from the year earlier.
    For sure, there will be no Tesla stock in my portfolio! …But again, there are the Tesla lovers foolish with their money.

  26. jepicken Says:

    John, you said a Tesla backed into another car while being summoned. This is false, the Tesla stopped and another car backed into it. Even the Reuters article you cite got that correct, so there’s no reason for you to have screwed it up.

  27. cwolf Says:

    Teslas are on top of the EV heap, but did anyone see the article and video showing the deplorable paint jobs Tesla is putting on their cars? ; Thin paint and a slew of areas showing nothing but primer…. ugh!!!

  28. MARK TILTON Says:

    FORD’S part in city planing is where to throw down your scooter spots— your in the car business stupid——

  29. Kit Gerhart Says:

    23 Yep, while walking at 4 mph, it is proper to go against the traffic. When riding a bike at 15 mph, or faster, you should go with the traffic, for the reason I mentioned, and others.

  30. Lambo2015 Says:

    2 Yeah I’m not sure how any automaker can sell autonomy when it doesn’t work 100% of the time and the risks involved when it doesn’t could be deadly. Personally I would not use a summon feature even if I had it simply because I would not want to be involved in the lawsuit when it hits someone. Its still my vehicle and although the manufacturer should bear that burden you know you would be named too. I don’t trust the legal system and could see it being like a dog attack and its your dog so your responsible. Its your car operating under your command. I’ll pass for now.

  31. Lambo2015 Says:

    My comment 30 was in response to Joe 24

  32. joe Says:

    Lambo2015,

    Your absolutely right. You think like a lawyer.

  33. Kit Gerhart Says:

    24,32 Lawyers at GM have been extra careful about some things for years. They were late in having one touch up power windows, for that reason.

  34. Gerald Thompson Says:

    Just got back from KSC and the public intro to the 2020 Corvette Convertible. Got to meet Tadge Juechter and the team. Convertible looks great! And the C8R was an unexpected plus.

  35. Kit Gerhart Says:

    34 They need to settle that strike, so they can start building them.

  36. Kit Gerhart Says:

    34 Where did they have it at KSC, the shuttle landing runway, for some top speed testing?

  37. Kit Gerhart Says:

    34,36 Never mind. I found that it was at the visitor center.

  38. cwolf Says:

    The new corvette is absolutely beautiful and awesome; At a good price too. If I was only a few inches taller and sold my boat I may be tempted. But then I have a 68 Jag in my radar, yet fishing has not grown old.
    I just read the labor involved in building a vehicle is only 4-5% of the total manufacturing cost. If manufactures reduce forced OT and find an agreeable medium in hiring more people and use of temps, it is said the difference between union and non-union costs would almost be aligned. If the so called Big 3 invested more into improving their processes it is possible for them to have lower costs than all the others. If the UAW and automakers could possibly share a common goal, I believe they could find a harmony just like Honda has or better.

  39. cwolf Says:

    The new corvette is absolutely beautiful and at a fair price!
    Speaking of fair price, the UAW labor cost per vehicle is only 4-5% of the total manufacturing costs. If the union and the once ‘Big 3″ could only reach a fair agreement on reducing forced OT buy hiring more people or by seeking an understanding of the use of temp workers, it was reported the labor costs would become more aligned with the non-unionized. And, I believe, if these auto makers would invest more into their processes there is the possibility they could even surpass the contentment between laborers and Honda in the U.S.
    Lets us just watch what transpires from the negotiations and see just how wise the workforce is in settling an agreement that is for every ones future.

  40. cwolf Says:

    that is ; good for every ones future,

  41. Larry D. Says:

    38 Corvettes were historically at not just fair but bargain prices. In comparison tests they were never compared to any domestics (that was the Camaro-Mustang racket) but to far more expensive 911s. But there were important details where they lagged, esp the interiors. Don’t know if the latest has seriously addressed this issue.

  42. Larry D. Says:

    BTW last night we were invited at a really good dinner (a fancy soup, Salmon Rockefeller, key lime pie etc) and next to me sat a couple, former GM engineer and realtor wife, and he 100% agreed with me and Lambo here that the fairy tales about GM losing $ due to the strike are just that, fairy tales,

    It is making a bundle and trims its inventory in the process.

  43. Kit Gerhart Says:

    40 The interiors of current Corvettes are much better than earlier ones. The “fit and finish” of mine is pretty good, but not like a 911 would be. The Corvette’s interior generally seemed about equal to the Cayman I recently test drove, but the red/black seats of the Porsche were more attractive than my red-only Corvette seats.

  44. Kit Gerhart Says:

    41 Strikes would have affected GM (and Ford and Chrysler) much more in the ’50s-’70s when a lot of people factory ordered cars. Now, about the only factory orders GM would get are Corvettes, and maybe a few Camaros. So far, the biggest cost to GM might be that the new Corvette is being delayed.

  45. Larry D. Says:

    25 I cannot believe how you make DAY seem like NIGHT. Tesla sales were not just excellent, o clueless and biased one, they were STELLAR. DO not waste my time to repeat the numbers.

    TESLA HAS HUMILIATED EVERY OTHER BEV OR ICE MAKER of cars in the SAME PRICE RANGE as its models. AND KEEPS DOING SO.

    The numbers don’t lie. Tesla haters do.

    Un-effing-believable!

    https://www.autonews.com/video/first-shift-ny-comptroller-investor-urges-gm-settle-strike?utm_source=antv-first-shift&utm_medium=email&utm_campaign=20191004&utm_content=hero-image

  46. Larry D. Says:

    42 the 911 is a luxury sports car. Its interior is much better than the Boxster-Cayman, but those two still have very high quality interiors. I did read some time ago that Chevy finally did something about those interiors in the Corvette. Camaro and Mustang continue to look cheap tho.

  47. Lambo2015 Says:

    41, 43 I think that organizations like to speak in terms of potential losses when they float these ridiculous numbers around like GM is doing now. They know when a plant is running it generates $X.XX amount of money per day in the quantity of cars or trucks it produces. So with 33 plant down they can say they are losing out on what those plants would produce per day which would be millions of dollars but when you carry inventory your not losing out on sales. In fact in preparation of a potential strike GM increased its inventories. So until consumers are going to the dealerships not seeing the vehicle they want and going elsewhere, to me they haven’t lost anything.
    Meanwhile the supplier plant I work in sits 80% idle with over 100 employees laid-off which also means we are not using the trucking firm that ships our parts and the local restaurants sales are down as the folks laid off are not going out to eat not knowing how long the strike will last. Our dumpster pickups are on hold. The company that fills our vending machines have had to remove expired product as we are heading into week 4. It affects a lot more than just GM and its workers and to float this bogus loss to GM is just insult to injury.

  48. Lambo2015 Says:

    Not sure how the posting numbers keep shifting but my post 47 was to 42 and 44.

  49. cwolf Says:

    Larry, you never mentioned you were now a stock analyst. My posts come right from analysts of the stock market. Apparently they judge Tesla by what they do rather than what they say they’ll do…and not like the tea leaves you’re reading.

  50. Larry D. Says:

    49 are you pretending you don’t understand? I have absolutely NO need of any “tea leaves”, I will Again tell you to go get A CLUE before you speak, by looking at the DATA, you know, the FACTS, that show beyond ANY Doubt how STELLAR Tesla has done AND continued to do last month.

    DId you even see the sales nos I posted????

    You must be living in some alternate universe, along with this “joe” character… and, above all, the guy who wrote the title of yesterday’s AAH “Karma takes on Tesla” (SIC!)

    dream on…

  51. Larry D. Says:

    Forbes had some article trying to guess the net worth of the 24 candidates for 2020 (some have dropped out already), and many of them are assigned ridiculously low numbers such as … $100k or $500k (about a dozen of them have net worth less than 1 mill). Eliz Warren and her husband are listed as a more believable $12 mill, more than the low-ball $9 mill assigned to old Joe Biden. $3 mill of their $12 is their Cambridge MA home. Not too shabby, those starving teachers at Harvard are not doing bad.

  52. Bob Wilson Says:

    #51 – I used the EPA site, fueleconomy.gov, to compare the 2019 Karma Revero and BMW i3-REx. The BMW beat the Karma in every metric but total gas and EV range: Karma 37 mi EV, 240 mi total; and BMW i3-REx: 126 mi EV, 200 mi total.

    Karma proves looks does not equal performance.

  53. cwolf Says:

    50) Yes, Tesla had a STELAR month. They only were a little short of the 100,000 sales mark. But the market looks at the future. It sees the only gains were the Model 3, a car having a lower gross margin. This means their REAL earnings are probably less than they expected.
    This also means they have less to invest in equipment and R&D (which has been decreasing)
    Q3 profits are expected to drop and expectations for Q4 are doubtful.
    This doesn’t mean they are going under, not improving, or less demand (though demand seems flat, they say). so STELAR….sure, but the market worries it’s not good enough.

  54. Larry D. Says:

    52 Bob – Karma is the dictionary definition of “All Hat and no Cattle”.

    53 wrong again. Tesla had a stellar EIGHT YEARS since it brought out the S, then the X (even I am surprised at how well it sells) and the MASS market Model 3, despite its high price. AND, more importantly, it has ANNIHILATED and HUMILIATED ALL rivals, BEVs OR ICEs of similar price point. Deal with it.