GM makes a ton of money on large trucks/SUVs.
#16
#17
I agree 100K is a lot of money....for a lot of luxury-truck. You might take a look at the GMC Yukon Denali, which, with REAL wood/leather/metallic trim (no fakes or substitutes) is virtually the same vehicle as the Escalade, but which should sell for less.....they start at 74-75K. Loaded Denalis, though, can be the same price as some Escalades......Denali Ultimates start at 96K.
https://www.gmc.com/suvs/yukon/denali
Well, unfortunately, there's no magic-wand. Low MPG is simply the name of the game with these big heavy trucks. Weight and power takes a toll in fuel-use....although the turbo-diesel option will get somewhat better MPG than the gas engines.
https://www.gmc.com/suvs/yukon/denali
plus the mpg is not the greatest too.
Last edited by mmarshall; 06-18-23 at 07:58 PM.
#18
Ever wonder why the Tahoe, Suburban, Silverado, Sierra, Yukon, Escalade, etc.... have been in production so long, and why the dealerships, whoever possible, keep so many of them in stock? (the Suburban, itself, goes back to 1936)
GM makes a boatload of cash (10-11K) on every one of them sold, partly because of high demand, partly because they meet so many of the country's driving-needs, and partly because customers are willing to pay a lot more for them (in factory-stickers and mark-ups) than they cost to produce. The dealership, of course, pockets the difference between the selling-price and invo
GM makes a boatload of cash (10-11K) on every one of them sold, partly because of high demand, partly because they meet so many of the country's driving-needs, and partly because customers are willing to pay a lot more for them (in factory-stickers and mark-ups) than they cost to produce. The dealership, of course, pockets the difference between the selling-price and invo
Basically America does huge BOF trucks the best. And we love them. Big BOF SUVs are status symbols, or they can be. The Navi and Escalade are so nice it's stunning, compared to how they started.
And the Diesel Suburban/Escalade/etc. that everyone including mags are trying to push on us? That's great that they have lots of torque and are refined, but they're SLOWWWWW. I would chew a bucket a broken glass before I bought a $120k Escalade that needs 9 seconds to get to 60. The quickness of all of basically all of these fancy, expensive trucks is part of the appeal. My LX is outclassed by today's standards but part of the fun is the acceleration and brute engine strength, 6.5 seconds to 60 is enough to be fun.
Last edited by AJT123; 06-18-23 at 08:30 PM.
#19
Basically America does huge BOF trucks the best. And we love them. Big BOF SUVs are status symbols, or they can be. The Navi and Escalade are so nice it's stunning, compared to how they started.
Good luck with that. That's also, that mindset, why people love their V8s and won't get rid of them.
Right but shouldn't you be driving the newest and cleanest car since that's what you're advocating for? You should probably bite the bullet and deal with a car payment and be greener. That old ES is burning dirtier than any of these huge BOFs, I'd be willing to bet. See how it sucks that I'm sorta telling you what to do?
And the Diesel Suburban/Escalade/etc. that everyone including mags are trying to push on us? That's great that they have lots of torque and are refined, but they're SLOWWWWW. I would chew a bucket a broken glass before I bought a $120k Escalade that needs 9 seconds to get to 60. The quickness of all of basically all of these fancy, expensive trucks is part of the appeal. My LX is outclassed by today's standards but part of the fun is the acceleration and brute engine strength, 6.5 seconds to 60 is enough to be fun.
Last edited by mmarshall; 06-18-23 at 09:02 PM.
#20
And the Diesel Suburban/Escalade/etc. that everyone including mags are trying to push on us? That's great that they have lots of torque and are refined, but they're SLOWWWWW. I would chew a bucket a broken glass before I bought a $120k Escalade that needs 9 seconds to get to 60. The quickness of all of basically all of these fancy, expensive trucks is part of the appeal. My LX is outclassed by today's standards but part of the fun is the acceleration and brute engine strength, 6.5 seconds to 60 is enough to be fun.
Think it's slow??? Lol
Yeah, but they can be tuned to VERY high HP numbers.
Oh, I forgot to mention, a diesel will also pull your heavy boat on the highway without a sweat.
All day long and get good gas mileage while it's doing it compared to a gas engine, sweet!
Last edited by Margate330; 06-18-23 at 09:22 PM.
#21
Hi mmarshal,
According to your info they have strong demand.
Just a guess but I really don't know.
Could they be selling good because they are lower price and more abundantly availavle than their Euro competitors?
These mostly look like very stout 'Body on Frame' vehicles and that may be slim pickings for Euro and Jap offerings.
According to your info they have strong demand.
Just a guess but I really don't know.
Could they be selling good because they are lower price and more abundantly availavle than their Euro competitors?
These mostly look like very stout 'Body on Frame' vehicles and that may be slim pickings for Euro and Jap offerings.
#22
Yes, that's true. However, you need adequate driving/manuvering/parking conditions for vehicles that big....which are lacking in some areas. One of the reasons I went from a relatively large vehicle to one much smaller was exactly that....easier to cope with the conditions I face every day.
(Respectfully), I disagree with this in a couple of areas. First, IMO, 9 seconds is not slow....I myself usually take longer than that when I accelerate. Second, full-size trucks are are not sports-cars, and should not be expected to drive or accelerate like them. Third, the weight and power of these trucks are going to use fair amount of fuel no matter how you drive....the harder you accelerate, the more gas you are going to use. That is why their fuel tanks typically hold 25-30 gallons, and, even when gas prices drop, can easily cost over $100 to fill up.
#23
Ever wonder why the Tahoe, Suburban, Silverado, Sierra, Yukon, Escalade, etc.... have been in production so long, and why the dealerships, whoever possible, keep so many of them in stock? (the Suburban, itself, goes back to 1936)
GM makes a boatload of cash (10-11K) on every one of them sold, partly because of high demand, partly because they meet so many of the country's driving-needs, and partly because customers are willing to pay a lot more for them (in factory-stickers and mark-ups) than they cost to produce. The dealership, of course, pockets the difference between the selling-price and invoice (wholesale)....but GM profits the difference between dealer-invoice and whatever it costs them to produce and ship them....and the shipping/destination-fee, of course, is part of the window-sticker. There is no reason to doubt a more or less similar profit margin at Ford, on the F-Series trucks/Expeditions and Lincoln Navigators, or at Stellantis on the full-sized Ram trucks.
The Arlington, TX plant, where these vehicles are built, is arguably the highest-margin vehicle-plant in the world.
(Hint: you may need to click the link itself to see the images..they are finicky about being posted)
https://gmauthority.com/blog/2023/06...ucks-and-suvs/
Thanks to strong demand and high profit margins, it’s really no secret that full-size trucks and SUVs serve as cash cows for General Motors. With this in mind, here’s how much GM profits on average from each of these vehicles.
According to a new report from Reuters, The General has the potential to earn as much as $7.5 billion from sales of ICE-powered trucks and SUVs through 2035. This comes out to $10,678 per vehicle on average before accounting for interest and taxes.
These impressive profit margins serve as strong motivators for the Detroit-based automaker to continue investing in its ICE-powered future. To this end, General Motors recently announced a new $500 million investment into the GM Arlington plant in Texas to facilitate production of The General’s next generation of full-sized SUVs. This new investment will be used to introduce new tooling and equipment in the Arlington plant’s stamping, body shop and general assembly areas. Notably, the Arlington plant is considered as the most profitable plant in the world.
“Arlington produced 345,000 units in 2022, and by our estimate generated about $25 billion in revenue and $4 billion in EBIT – or about 30 percent of total company EBIT,” one analyst was quoted as saying.
For reference, EBIT stands for earnings before interest and taxes.
In another response to these high profits, General Motors is now expected to continue production of full-size trucks and SUVs up until the 2035 calendar year. This is noteworthy considering that GM has claimed it will feature a zero-emissions vehicle lineup by then. However, with the potential to earn $50 billion, or more, in profit during that time period, this development doesn’t come as much of a surprise.
For those who may not be aware, General Motors’ entire lineup of full-size trucks and SUVs includes the following:
GM makes a boatload of cash (10-11K) on every one of them sold, partly because of high demand, partly because they meet so many of the country's driving-needs, and partly because customers are willing to pay a lot more for them (in factory-stickers and mark-ups) than they cost to produce. The dealership, of course, pockets the difference between the selling-price and invoice (wholesale)....but GM profits the difference between dealer-invoice and whatever it costs them to produce and ship them....and the shipping/destination-fee, of course, is part of the window-sticker. There is no reason to doubt a more or less similar profit margin at Ford, on the F-Series trucks/Expeditions and Lincoln Navigators, or at Stellantis on the full-sized Ram trucks.
The Arlington, TX plant, where these vehicles are built, is arguably the highest-margin vehicle-plant in the world.
(Hint: you may need to click the link itself to see the images..they are finicky about being posted)
https://gmauthority.com/blog/2023/06...ucks-and-suvs/
Here’s How Much Profit GM Makes On Full-Size Trucks And SUVs
6- BY TREY HAWKINS
- — JUN 16, 2023
Thanks to strong demand and high profit margins, it’s really no secret that full-size trucks and SUVs serve as cash cows for General Motors. With this in mind, here’s how much GM profits on average from each of these vehicles.
According to a new report from Reuters, The General has the potential to earn as much as $7.5 billion from sales of ICE-powered trucks and SUVs through 2035. This comes out to $10,678 per vehicle on average before accounting for interest and taxes.
These impressive profit margins serve as strong motivators for the Detroit-based automaker to continue investing in its ICE-powered future. To this end, General Motors recently announced a new $500 million investment into the GM Arlington plant in Texas to facilitate production of The General’s next generation of full-sized SUVs. This new investment will be used to introduce new tooling and equipment in the Arlington plant’s stamping, body shop and general assembly areas. Notably, the Arlington plant is considered as the most profitable plant in the world.
“Arlington produced 345,000 units in 2022, and by our estimate generated about $25 billion in revenue and $4 billion in EBIT – or about 30 percent of total company EBIT,” one analyst was quoted as saying.
For reference, EBIT stands for earnings before interest and taxes.
In another response to these high profits, General Motors is now expected to continue production of full-size trucks and SUVs up until the 2035 calendar year. This is noteworthy considering that GM has claimed it will feature a zero-emissions vehicle lineup by then. However, with the potential to earn $50 billion, or more, in profit during that time period, this development doesn’t come as much of a surprise.
For those who may not be aware, General Motors’ entire lineup of full-size trucks and SUVs includes the following:
Last edited by Tdes395; 06-19-23 at 12:36 AM.
#25
Sorry, but in 2023, 9 seconds 0-60 is horribly slow. How you personally drive has no bearing on measuring an all-out sprint as to how fast a car could go.
#26
Just for everyone's FYI, as I understand it, the Gas-Guzzler tax is not charged on trucks or SUVs.....just on low-MPG passenger cars. So, any vehicles that are classified as crossovers are usually also except. You will find the GG tax mostly on high-performance pony cars, domestic and exotic sports-cars, Dodge Chargers, some Rolls-Royce/Bentley models, and other similar vehicles.
#27
I disagree that either GM or Ford will go bankrupt because of EVs. The Bolt/ Bolt EUV and the Mach-E-Mustang have both been sales-successes (with more EVs from both ford and GM to come). I personally don't think much of the Mach-E (the Bolt EUV is, IMO, a far better buy for much less money)....but the public, as a whole, is gravitating to both of them, just as they began gravitating to Teslas in significant numbers several years ago.
#28
The Model2 and Chinese EVs will sweep away any offerings on the low end by GM or Ford.
#29
Not to many drivers, even today.
First, I never said it did. Second, I am not unique.....in fact, most people don't accelerate that fast, particularly in dense-traffic conditions, unless they are forced to like on some (?) freeway entry-ramps. Third, I don't have to justify my driving style to others....it has saved me from a lot of tickets, and a lot of extra money on my insurance policy.
How you personally drive has no bearing on measuring an all-out sprint as to how fast a car could go.
#30
0-60 is a long-established metric (yes, only a single metric) of a car's capabilities; I don't understand why you keep making it about driving style. No one ever said anything about you, or your driving style.
I agree that a slow driver may not care about going fast. But a car that is unable to go 0-60 in less than 9 seconds in this day and age is slow, no matter who is driving.
I agree that a slow driver may not care about going fast. But a car that is unable to go 0-60 in less than 9 seconds in this day and age is slow, no matter who is driving.