: STS - CTS - SRX . . selling well?



rayainsw
02-23-05, 02:09 PM
February 21 issue of Automotive News:

"DETROIT -- For the first time in its three-year history, General Motors' Lansing Grand River plant will face downtime. GM said late last week that it is idling the plant to trim a backlog of unsold Cadillac CTS and STS sedans and SRX SUVs.

The plant will close for a week starting Feb. 28. As of Feb. 1, Cadillac had a 134-day supply of its CTS, a 138-day supply of the STS and a 129-day supply of the SRX."

- Ray
Whou thought the lack of STS-s was due to a lack of production capacity . . .

megeebee
02-23-05, 03:05 PM
I saw that item, too. Another story in Automotive News stated that the Arlington, Texas plant that builds the Escalade and ESV is closing for a while too for the same reason. I hate to say it, but it seems Cadillac has overproduced. The resale value of our cars has just been reduced! Even before these plant closures, Cadillac production for 2005 is off quite a bit from the same period last year. "Here come the incentives!"

BeelzeBob
02-25-05, 08:22 PM
Maybe they're becoming too expensive.. If the prices go up, less people are going to buy. This is a good thing, in one way, because you sell less vehicles and make the same profit (with less warranty and customer services issues). But it's also a bad thing if you're not ready for it - because you have to slow down on production.