Wow, 6 months wait for a Chevy-Tahoe
A little bird told me this. Is this because of chip shortage or signs of booming economy reported in business news today?
Forum Discussion
Groover wrote:Dadoffourgirls wrote:
The explanation for the delay in getting a Tahoe.
A - Dealers are allocated production based on previous sales/volume. (might be at too small of a dealer)
B - GM builds all full-size SUVs at Arlington - Yukon, Yukon XL, Escalade, Escalade ESV, Suburban, and the Tahoe
C - GM builds 1200 a day according to website
D - Texas was hit by weather in February
E - GM sold over 60,000 full size SUVs in Q1
So if you look at 5 facts, they sold approximately everything they could build. There is no extra inventory since these vehicles were new last year.
You may now continue to post comments about alternative vehicles and their infamous brand to earn a greater web score!
Bottom line is that GM sold 642,250 total new vehicles in the first three months of 2021 vs 715,794 vehicles in the U.S. during the first quarter of 2018, a decline of 10% over 3 years. Not exactly a huge success story. Yes, they sold everything that they could build but that wasn't nearly enough.
Do we really need to look up the numbers for Tesla and Hyundai/Kia?
GM 1st quarter 2021 results
GM 1st quarter 2018 results
I am not anti GM but I am deeply disappointed by them. I remember when GM had half of the US market and made the vast majority of them here, employing hundreds of thousands of people and contributing immense amounts of wealth to the American economy. Likewise, Ford had half of the remaining market share, or 25% and Chrysler had half of what was left after that, or 12%. The foreign brands fought over the remaining 1/8 of the market.
You can blame people infatuated with Tesla technology for running the price up but do you have an explanation for why GM stock is up 50% since 20% even though sales are down 10%? It appears to me that most of then increase, if fact GM has nearly tripled in the past year, has come since GM announced that they were going to enter the markets that they had ceded to Tesla.
I say ceded to Tesla because they literally did. GM had an electric car 15 years before Tesla but it was simply a compliance vehicle that was dropped when the political motivation went away. GM never really put the heart into it.
