General Motors is introducing a new extended limited warranty option in all but four of the U.S. states for any GM vehicle from the 2017 model year or later.
The GM Authority Take
Chevy Low Cab Forward sales during the third quarter of 2020 saw a not-insignificant year-over-year drop. The results represent the first decrease in Low Cab Forward sales on a year-over-year basis since the truck launched in late 2016. The results follow increases in Q2 2020 (up 18 percent) as well as in Q1 2020 (up 55 percent), with both quarters bucking the downward trend experienced by the auto industry during the COVID-19 pandemic.
No matter, the performance still enabled GM to add 1,090 units to its overall sales tally that it would otherwise not have had. We posit that the decrease in Chevy LCF sales during Q3 2020 was the result of the negative impact of the COVID-19 pandemic, with the associated commercial, economic and lifestyle disruptions brought about by the virus.
Chevy Low Cab Forward Sales Down 1 4 Percent In Q2 2021 gmauthority.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gmauthority.com Daily Mail and Mail on Sunday newspapers.
Toyota is so far off my radar I had to google what a Toyota 86 was, can’t say I was all that impressed lol. I understand GM is going for profit over volume but I’m afraid they are going to end up regretting having so few cars with the climbing fuel prices. I recently had a relative (GM guy) buy his first Japanese car, he said GM literally had nothing for him, I’m sure there are many more like him. The sad thing is they could potentially end up losing some of these customers for good. True GM did not make much on small cars but they make zero from a lost customer.
That is where Toyota has had an edge this year.
Building on its experience following Japan’s 2011 earthquake, Toyota eased away from a strict application of its just-in-time production system, in which parts are delivered to factories right as they are needed. It has said it built up a four-month stockpile of chips and other key parts.
While other car makers were shutting down factories because of the shortages, Toyota was nearly unaffected, according to research firm LMC Automotive. Toyota’s factories have run at over 90% capacity so far this year, compared with 50% to 60% for most of its rivals, according to LMC data.