ZR1 delay or halt? GM in trouble?
Discussion
www.digitalcorvettes.com/forums/showthread.php?p=1244584#post1244584
www.corvetteconti.com/blog/?p=4853#more-4853
etc.
Something's up.
(Blame Stratstone? ;o)
www.corvetteconti.com/blog/?p=4853#more-4853
etc.
Something's up.
(Blame Stratstone? ;o)
http://online.wsj.com/article/SB122359479643121141...
Projected cashflow of minus three and a half billion dollars this year can't help
Projected cashflow of minus three and a half billion dollars this year can't help
- I always thought the Z06 would be a collectors item one day!
Thankfully, it's not: http://www.autoblog.com/2008/10/07/gm-on-zr1-cance...
I want there to be a good couple of thousand ZR1s out there before GM goes belly up, so at least I will be able to buy one in the future!
Actually, if that were to happen, I wonder if values would go up or down in the short term?
I want there to be a good couple of thousand ZR1s out there before GM goes belly up, so at least I will be able to buy one in the future!
Actually, if that were to happen, I wonder if values would go up or down in the short term?
GM isn't killing the ZR1, they are still selling at an enormous premium over list and there's a huge waiting list.
Corvette sales are down less than 9% this year, the industry as a whole is down roughly 20%, but the current situation may well make that worse.
The Corvette is actually doing quite well in our current economic climate, all things considered.
Corvette sales are down less than 9% this year, the industry as a whole is down roughly 20%, but the current situation may well make that worse.
The Corvette is actually doing quite well in our current economic climate, all things considered.
In 1990, the price of Burago F 40 models suddenly shot through the roof after news emerged of a fire at the factory which had destroyed the dies. Grown men were suddenly hoarding model cars for which they had paid ludicrous prices. There never was a fire and, a short time later, the new stock was back down to selling at £14 per car.
This ZR1 story smells just as fishy as the fire story back then. I called the press office on Friday afternoon. I expect we'll have news on Monday. Enjoy the Grand Prix. Forza Lewis.
This ZR1 story smells just as fishy as the fire story back then. I called the press office on Friday afternoon. I expect we'll have news on Monday. Enjoy the Grand Prix. Forza Lewis.
As anybody got a ZR-1 yet in the UK, I'm feed up of seeing cars sale at dealers like American carriage and American car imports to click on the photos and see press shot phots of the car with contact us for price! Why bother if you don't have the car. If I was spending that much on a car I would be getting a UK car! You gonna spend around £100k on car and then buy an import? I would think the rarest would be the euro cars.
Watching US TV on Friday (can't remember which of the channels, think it was ABC or CNN) and they were saying GM share price lowest it has been since 1940's at $4 a share. However they also said GM was not planning on shutting any plants and that their was a possibility of a potential bid for GM by a finance consortium. Lazarus??
ZR1 production is continuing and yes dealers are asking stupid premiums for the cars but surprise, surprise a lot of dealers have them sitting in their showrooms, even the one I saw at Road Atlanta was on dealer tags.
ZR1 production is continuing and yes dealers are asking stupid premiums for the cars but surprise, surprise a lot of dealers have them sitting in their showrooms, even the one I saw at Road Atlanta was on dealer tags.
ringram said:
Whats the new GM UK Pricing on the ZL-1? With the rest of the range coming down will we see them here for £79k?
Whilst that would make them incredibly easy to sell, the fact that they are making large premiums across the water and the pitiful allocation for Europe seem to make it very unlikely. Gassing Station | Corvettes | Top of Page | What's New | My Stuff