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Most sales since '07 shadowed by GM unsold truck inventory

Delaware Online -- The best year for U.S. auto sales since 2007 hasn’t been enough to boost General Motors Co.’s shares. One reason is dealership lots such as Dave Gill Chevrolet in Columbus, Ohio, that are overstocked with trucks.

GM said it entered July with more than five months’ supply of full-size pickups, the most since April 2009, according to researcher Ward’s Auto. This isn’t entirely accidental: Detroit- based GM wants a stockpile to carry it through the change to a new design next year. That plan may backfire if the segment’s sales remain below those assumed at the start of the year.

“I don’t know what our store’s days’ supply is; it’s probably embarrassingly high,” Matt Ringlien, a sales manager at the Chevy store in Columbus, said in a telephone interview.

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Submitted Aug 07, 2012 By: BurntOrange

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OriginalBudman Champion Author Barrie Posts:11,060 Points:2,246,820 Joined:Apr 2006	Message Posted: Aug 10, 2012 8:27:22 PM Ignore OriginalBudman Report Abuse The economy is getting better, folks.
PTBpricer Champion Author Virginia Posts:1,465 Points:202,520 Joined:Jun 2012	Message Posted: Aug 8, 2012 9:23:22 AM Ignore PTBpricer Report Abuse Somebody made a stupid decision at GM.
tedjm1 Champion Author New York Posts:5,609 Points:800,300 Joined:Dec 2006	Message Posted: Aug 7, 2012 11:23:21 PM Ignore tedjm1 Report Abuse Why continue to make trucks? Get orders first before making them. Require a minimum of 200 - 400 trucks to begin assembly.
pgerassi Champion Author Milwaukee Posts:10,882 Points:2,129,500 Joined:Apr 2007	Message Posted: Aug 7, 2012 11:23:02 PM Ignore pgerassi Report Abuse If management refuses to see the big picture, too high TCOs for pickups, they should be fired and replaced with those that will lower the too high prices, design for repairability, and tell masrketing that power just doesn't sell against better MPG while doing the job.
METEOR49 Champion Author Ontario Posts:2,157 Points:452,300 Joined:Apr 2011	Message Posted: Aug 7, 2012 11:21:25 PM Ignore METEOR49 Report Abuse WHY BUY A NEW TRUCK IF YOU CAN'T AFFORD TO PUT GAS IN IT. PIG OIL WILL PUT US INTO DEPRESSION .
Badmoon Champion Author Massachusetts Posts:8,293 Points:1,648,565 Joined:Oct 2008	Message Posted: Aug 7, 2012 11:20:23 PM Ignore Badmoon Report Abuse Economy still bad.
Dremwolf Veteran Author Jacksonville Posts:476 Points:94,370 Joined:May 2008	Message Posted: Aug 7, 2012 11:17:58 PM Ignore Dremwolf Report Abuse Heck wish I could afford a new vehicle, might find a great deal out there.
boatfloyd Champion Author Jacksonville Posts:1,703 Points:385,050 Joined:Mar 2012	Message Posted: Aug 7, 2012 11:14:56 PM Ignore boatfloyd Report Abuse GM stock is way down.
heartbroken2010 Champion Author Ottawa Posts:4,329 Points:894,610 Joined:Aug 2010	Message Posted: Aug 7, 2012 11:14:03 PM Ignore heartbroken2010 Report Abuse trucks are not cheap to drive these days . a fill-up really hurts the pocket book.
g747 Champion Author Mobile Posts:4,526 Points:930,745 Joined:Jul 2009	Message Posted: Aug 7, 2012 11:13:56 PM Ignore g747 Report Abuse Drastically reduce those high prices,no gimmicks!!!!!!.
crreed1 Champion Author West Virginia Posts:1,970 Points:2,523,410 Joined:May 2005	Message Posted: Aug 7, 2012 11:13:46 PM Ignore crreed1 Report Abuse no jobs no can buy
rawdog1313 Champion Author Lexington Posts:3,284 Points:1,639,880 Joined:May 2008	Message Posted: Aug 7, 2012 11:11:46 PM Ignore rawdog1313 Report Abuse Make them affordable and dependable and they will sell.
Bigwaynef Champion Author South Carolina Posts:11,451 Points:2,077,835 Joined:Dec 2006	Message Posted: Aug 7, 2012 11:11:40 PM Ignore Bigwaynef Report Abuse Hell I couldn't afford to fill it up...
Number43 Champion Author Lexington Posts:8,681 Points:1,635,245 Joined:Oct 2008	Message Posted: Aug 7, 2012 11:09:21 PM Ignore Number43 Report Abuse Maybe they are overprice.
Number43 Champion Author Lexington Posts:8,681 Points:1,635,245 Joined:Oct 2008	Message Posted: Aug 7, 2012 11:08:22 PM Ignore Number43 Report Abuse I would to have a GM truck but I can't afford it.
SavALot Champion Author Virginia Beach Posts:8,459 Points:1,708,910 Joined:Apr 2005	Message Posted: Aug 7, 2012 11:07:18 PM Ignore SavALot Report Abuse Not really a huge interest in GM trucks
LanguageMan1 Champion Author Tampa Posts:11,707 Points:1,658,865 Joined:Apr 2008	Message Posted: Aug 7, 2012 11:06:34 PM Ignore LanguageMan1 Report Abuse What a shame, and that's greed for ya as that's what it amounts to being.
TIGERPAW46 Champion Author Florida Posts:7,114 Points:1,352,710 Joined:Mar 2004	Message Posted: Aug 7, 2012 11:06:13 PM Ignore TIGERPAW46 Report Abuse I recall an article within the last couple months saying trucks for some companies were there biggest sales recently. If so then people must not have liked GM's trucks.
HEBster Champion Author Kentucky Posts:8,773 Points:2,371,100 Joined:May 2006	Message Posted: Aug 7, 2012 11:06:01 PM Ignore HEBster Report Abuse Wasn't aware of this
humblepie Champion Author Toledo Posts:34,101 Points:2,368,445 Joined:Mar 2006	Message Posted: Aug 7, 2012 11:05:16 PM Ignore humblepie Report Abuse same old gm
Blue_Cruzer Champion Author Lexington Posts:7,505 Points:1,666,660 Joined:Mar 2007	Message Posted: Aug 7, 2012 11:04:45 PM Ignore Blue_Cruzer Report Abuse Interesting article.
jem069 Champion Author Detroit Posts:2,523 Points:684,155 Joined:Jan 2011	Message Posted: Aug 7, 2012 11:04:28 PM Ignore jem069 Report Abuse ok
TIGERPAW46 Champion Author Florida Posts:7,114 Points:1,352,710 Joined:Mar 2004	Message Posted: Aug 7, 2012 11:04:24 PM Ignore TIGERPAW46 Report Abuse Exaggerated hype on years sales.
cheapchickKY Champion Author Lexington Posts:4,002 Points:793,365 Joined:Jan 2011	Message Posted: Aug 7, 2012 11:04:14 PM Ignore cheapchickKY Report Abuse Wonder if all truck sales are down, or just GM?
Toppers Champion Author Atlanta Posts:8,997 Points:2,467,770 Joined:Mar 2005	Message Posted: Aug 7, 2012 11:04:09 PM Ignore Toppers Report Abuse Hope we're not unloadin' them anytime soon
carloco75 Champion Author Richmond Posts:3,706 Points:597,540 Joined:Oct 2010	Message Posted: Aug 7, 2012 11:02:54 PM Ignore carloco75 Report Abuse Oopsy...convert them to natural gas and sell them to governments...
rahcat Champion Author Grand Rapids Posts:2,453 Points:660,025 Joined:Jan 2010	Message Posted: Aug 7, 2012 11:01:00 PM Ignore rahcat Report Abuse Sell 'em to Obama.
FlyNFool Champion Author South Carolina Posts:8,229 Points:1,682,275 Joined:Aug 2008	Message Posted: Aug 7, 2012 10:59:14 PM Ignore FlyNFool Report Abuse Not good
dabbadu Champion Author New York Posts:1,056 Points:658,605 Joined:Feb 2011	Message Posted: Aug 7, 2012 10:58:09 PM Ignore dabbadu Report Abuse Looks like they still haven't been able to wean themselves from their dependence on big-truck/SUV crack.
bonzoonfmb Champion Author Florida Posts:1,767 Points:641,660 Joined:Feb 2010	Message Posted: Aug 7, 2012 10:49:06 PM Ignore bonzoonfmb Report Abuse Either poor forecasting and planning or just the cyclical nature of demand. tl;dr
goldrose1 Champion Author Cleveland Posts:10,926 Points:1,922,555 Joined:Feb 2005	Message Posted: Aug 7, 2012 10:49:04 PM Ignore goldrose1 Report Abuse hummmmmm
CAroadrunner101 Champion Author California Posts:1,807 Points:1,312,175 Joined:Mar 2009	Message Posted: Aug 7, 2012 10:45:36 PM Ignore CAroadrunner101 Report Abuse hmmm...
saleboss Champion Author Phoenix Posts:3,924 Points:1,176,800 Joined:Feb 2006	Message Posted: Aug 7, 2012 10:43:56 PM Ignore saleboss Report Abuse No wonder the government owns a controling interest, with moves like that!
humblepie Champion Author Toledo Posts:34,101 Points:2,368,445 Joined:Mar 2006	Message Posted: Aug 7, 2012 10:41:30 PM Ignore humblepie Report Abuse another gm shrewd move
HawaiianGuy Champion Author Idaho Posts:9,512 Points:3,076,755 Joined:May 2003	Message Posted: Aug 7, 2012 10:35:41 PM Ignore HawaiianGuy Report Abuse As usual, GM is going to make the wrong call. It's their middle name.
walkingtall Champion Author Toronto Posts:3,984 Points:1,118,755 Joined:Nov 2004	Message Posted: Aug 7, 2012 10:34:54 PM Ignore walkingtall Report Abuse Good luck!
serrog Champion Author Nova Scotia Posts:5,549 Points:1,509,205 Joined:Oct 2008	Message Posted: Aug 7, 2012 10:28:58 PM Ignore serrog Report Abuse ok
rxman1 Champion Author Toledo Posts:9,529 Points:1,858,970 Joined:Nov 2007	Message Posted: Aug 7, 2012 10:28:22 PM Ignore rxman1 Report Abuse Unless you need a truck, today's gas prices will slow sales.
Tekkersmom57 Champion Author Syracuse Posts:1,864 Points:698,715 Joined:May 2010	Message Posted: Aug 7, 2012 10:24:43 PM Ignore Tekkersmom57 Report Abuse They need to increase the MPG on these trucks or they are going continue to sit.
LostToo Champion Author Illinois Posts:4,392 Points:975,315 Joined:May 2009	Message Posted: Aug 7, 2012 10:24:33 PM Ignore LostToo Report Abuse BULLLLLLL....! That sale manager doesn't know the numbers? Wrong! That would be part of his job. Don't you think?
wayoung56 Champion Author Alabama Posts:2,790 Points:816,385 Joined:Oct 2006	Message Posted: Aug 7, 2012 10:24:23 PM Ignore wayoung56 Report Abuse Ooops! The GM Truck ads aren't selling gas guzzlers...
txkrb Champion Author Texas Posts:1,553 Points:635,565 Joined:May 2011	Message Posted: Aug 7, 2012 10:24:15 PM Ignore txkrb Report Abuse The new design is next model year, not next year New model year vehicles come out in the fall If the changeover to build the new models has not already started it will by September
nimpy Champion Author Indianapolis Posts:8,120 Points:1,698,080 Joined:Oct 2007	Message Posted: Aug 7, 2012 10:22:06 PM Ignore nimpy Report Abuse It was bound to happen
DustyHorse Champion Author Virginia Posts:6,072 Points:1,388,920 Joined:Oct 2008	Message Posted: Aug 7, 2012 10:20:34 PM Ignore DustyHorse Report Abuse Good luck but I don't need a gas guzzling truck.
TxPDawg All-Star Author Austin Posts:651 Points:377,225 Joined:Mar 2011	Message Posted: Aug 7, 2012 10:19:29 PM Ignore TxPDawg Report Abuse Good luck with that idea MG..
REKEY Champion Author South Carolina Posts:8,564 Points:1,696,490 Joined:May 2008	Message Posted: Aug 7, 2012 10:15:07 PM Ignore REKEY Report Abuse Everyone got a little wiser!
SaturnSC Champion Author Columbus Posts:1,051 Points:829,875 Joined:Nov 2008	Message Posted: Aug 7, 2012 10:14:09 PM Ignore SaturnSC Report Abuse Who wants trucks?
kcboy Champion Author Utah Posts:3,958 Points:1,505,100 Joined:Jun 2005	Message Posted: Aug 7, 2012 10:10:53 PM Ignore kcboy Report Abuse ok
Mustache_33 All-Star Author Toronto Posts:900 Points:181,455 Joined:May 2012	Message Posted: Aug 7, 2012 10:10:11 PM Ignore Mustache_33 Report Abuse hmm
clermont40miles Champion Author Cincinnati Posts:10,548 Points:1,768,870 Joined:Apr 2008	Message Posted: Aug 7, 2012 10:07:33 PM Ignore clermont40miles Report Abuse Government Motors will just tell BHO & Co. to have the military and Post Office to buy trucks. More bail out. More waste. More buying of union jobs and votes. More cronyism, corruption and clowns behaving badly.