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Oct 16, 2009 | Posted by: JJFADS

GM Share Surges to hit 22.4% - AMERICAN GOOD NEWS

Full story: news.yahoo.com

General Motors Co.'s retail market share will climb to 22.4 percent in October, helped by new product launches.

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“Respect Honesty Loyalty”

Since: Jun 09

Nunya

ISP: Shreveport, LA

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#1
Oct 16, 2009
 

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Looks like GM will gain retail. Americans are great people, we can do anything, great job.

I also hear on the other front that Oriental Toyota continues to push its offerings into fleet rental car sales. Bye bye resale value. Toyota has become the old GM.
Big Brother

Springhill, LA

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#2
Oct 16, 2009
 

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Never thought of it llike that but it's true. The maker that puts more cars in the Hertz and Avis lots will see the resale value go down.
CROWN VICTORIA

Grove City, OH

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#3
Oct 17, 2009
 

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its funny before all the Toyo supporters claimed that Toyo didint wan to do fleet sales to keep resale value up, and now that they are dumping all the turds at rental agencys they claim its a brilliant move by Toyo.
Big Brother

Springhill, LA

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#4
Oct 17, 2009
 

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Just expect the resale value to tank. More people will get a beat up Camry at Hertz and learn the car is nothing more than a pile of junk.

“Respect Honesty Loyalty”

Since: Jun 09

Nunya

ISP: Shreveport, LA

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#5
Oct 26, 2009
 

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Still on track-
Gordon

Spring Hill, TN

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#6
Oct 26, 2009
 
I have always had good luck with GM and Ford cars. I hope it works out for the US automakers.

“Respect Honesty Loyalty”

Since: Jun 09

Nunya

ISP: Shreveport, LA

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#7
Oct 26, 2009
 
They make wonderful vehicles.

“Labor Omnia Vincit”

Since: Oct 09

B-Lo

ISP: Greencastle, PA

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#8
Oct 27, 2009
 

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As a shareholder in GM, I am more interested in profit than market share at this point. Market share means nothing if the business can't turn a profit. A market share increase without any corresponding profit is actually a net liability, as GM will be putting more vehicles on the road subject to warranty repairs and recall.

“Respect Honesty Loyalty”

Since: Jun 09

Nunya

ISP: Shreveport, LA

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#9
Oct 27, 2009
 

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The Authority wrote:
As a shareholder in GM, I am more interested in profit than market share at this point. Market share means nothing if the business can't turn a profit. A market share increase without any corresponding profit is actually a net liability, as GM will be putting more vehicles on the road subject to warranty repairs and recall.
Your comments are baseless, as there are no shares to hold. Stop your stupidity.
whatever

Gurnee, IL

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#10
Oct 27, 2009
 

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JJFADS wrote:
<quoted text>Your comments are baseless, as there are no shares to hold. Stop your stupidity.
Actually there is. Its just not listed as GM anymore.

Motors Liquidation Company (MTLQQ.PK)-
11:42am ET: 0.6020 0.0140 (2.27%)
yyyyy

AOL

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#11
Oct 27, 2009
 

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The Authority wrote:
As a shareholder in GM, I am more interested in profit than market share at this point. Market share means nothing if the business can't turn a profit. A market share increase without any corresponding profit is actually a net liability, as GM will be putting more vehicles on the road subject to warranty repairs and recall.
GM will make a profit at 18.5% of the market with 10 million annual sales..
whatever

Gurnee, IL

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#12
Oct 27, 2009
 
JJFADS wrote:
Still on track-
Still on track for what?

It's good to see GM marketshare up for Oct., but like the article states there's a lot of ground to make up.

"But GM is climbing from a low base," Edmunds CEO Jeremy Anwyl said in a statement. "Continuing to gain share will be increasingly difficult as other manufacturers fight for consumers."

GM has continued to suffer weak sales following its reorganization under Chapter 11 bankruptcy protection this summer. U.S. sales, including sales to fleet customers, fell 45 percent in September. Sales for the Detroit automaker are down 36 percent during the first nine months of the year."
whatever

Gurnee, IL

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#13
Oct 27, 2009
 
yyyyy wrote:
<quoted text>GM will make a profit at 18.5% of the market with 10 million annual sales..
Really?

“Labor Omnia Vincit”

Since: Oct 09

B-Lo

ISP: Greencastle, PA

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#14
Oct 27, 2009
 
yyyyy wrote:
<quoted text>GM will make a profit at 18.5% of the market with 10 million annual sales..
I have ocean front property for you....

“Respect Honesty Loyalty”

Since: Jun 09

Nunya

ISP: Shreveport, LA

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#15
Oct 27, 2009
 

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whatever wrote:
<quoted text>
Actually there is. Its just not listed as GM anymore.
Motors Liquidation Company (MTLQQ.PK)-
11:42am ET: 0.6020 0.0140 (2.27%)
No there isn’t. Motors Liquidation has no affiliation with GM. Motors Liquidation is the old company’s property and debt. I know this subject well as I sold all of my remaining stock right before this all went down. Back to the original post, GM has no shares to offer you at this time. Recap – Motors Liquidation is not GM nor do the shares have anything to do with GM.

“Respect Honesty Loyalty”

Since: Jun 09

Nunya

ISP: Shreveport, LA

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#16
Oct 27, 2009
 

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whatever wrote:
<quoted text>
Still on track for what?
It's good to see GM marketshare up for Oct., but like the article states there's a lot of ground to make up.
"But GM is climbing from a low base," Edmunds CEO Jeremy Anwyl said in a statement. "Continuing to gain share will be increasingly difficult as other manufacturers fight for consumers."
GM has continued to suffer weak sales following its reorganization under Chapter 11 bankruptcy protection this summer. U.S. sales, including sales to fleet customers, fell 45 percent in September. Sales for the Detroit automaker are down 36 percent during the first nine months of the year."
Thank you for posting the obvious. What I would like you to do is pay attention to retail transactions pertaining to the down market while factoring reduced fleet at the same time accounting for decreased production. That’s good news. It’s my fault for not pointing this out in the original post; figuring people would “connect” the dots so to speak. For the umpteenth time, I would like to see GM become a much smaller and leaner more efficient company.
whatever

Gurnee, IL

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#17
Oct 27, 2009
 

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The Authority wrote:
<quoted text>I have ocean front property for you....
haha....funny.
whatever

Gurnee, IL

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#18
Oct 27, 2009
 

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JJFADS wrote:
<quoted text>No there isn’t. Motors Liquidation has no affiliation with GM. Motors Liquidation is the old company’s property and debt. I know this subject well as I sold all of my remaining stock right before this all went down. Back to the original post, GM has no shares to offer you at this time. Recap – Motors Liquidation is not GM nor do the shares have anything to do with GM.
Well good for you for getting your stock out before it was worthless.
whatever

Gurnee, IL

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#19
Oct 27, 2009
 

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JJFADS wrote:
<quoted text>For the umpteenth time, I would like to see GM become a much smaller and leaner more efficient company.
GM needed to do that a long time ago. A LONG time ago.

“Respect Honesty Loyalty”

Since: Jun 09

Nunya

ISP: Shreveport, LA

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#20
Oct 27, 2009
 
whatever wrote:
<quoted text>
Well good for you for getting your stock out before it was worthless.
Hey, I was bummed. Still lost plenty but hey, oh well…..
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