Seeking Alpha

GM looks to stay ahead of the technology curve

  • Despite the its massive recalls in recent months, GM's (GM) sales are continuing to rise.
  • In order to keep its increasing U.S. market share, GM is now looking to stay ahead of the technology curve, by including a Wi-Fi option for every 2015 model year vehicle purchase.
  • The new high-speed Internet service will allow up to seven device connections, and looks to rival Ford's Sync, which offers similar features.
  • "Any progress you can make as a company in the technology space, people appreciate," says Chevrolet VP Paul Edwards." On top of that we are the only ones offering this across the entire portfolio. From road trips to using your car for work, think of the diversity you now have in your car."
Comments (20)
  • mitrado
    , contributor
    Comments (2015) | Send Message
     
    I fail to get herd consumer mentality. Why do they stick with a company that proved to make lousy products?
    3 Jul 2014, 04:18 AM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    Lousy products?

     

    The $40 ignition switch (less than the cost of a tire) you refer to, was for the most part, from cars made a decade ago or more. The overall design of a car with over 30K parts should be judged by the suitability of a single part chosen for an application? Too bad we can not all be quite that perfect ourselves.

     

    As far as now?

     

    For the last couple years GM has one more JD powers awards for,

     

    -Initial quality (#1for 2013 &2014)

     

    -Dealer service satisfaction (#1 For both Buick and Cadillac 2014)

     

    -vehicle dependability (GM #1 for 2014)

     

    More than any other automaker by far.

     

    This, along with more IIHS 5 star TSP & TSP+ rated cars than any other manufacturer.

     

    I won't bother with consumer reports, Ward's, the dozens of Car of the year, truck of the year, etc, etc, There are simply too many of them.

     

    http://bit.ly/1ltpCAN

     

    http://bit.ly/RkyM31

     

    http://bit.ly/1nG96QH

     

    http://bit.ly/1hTtZA6

     

    http://bit.ly/1sXcNUR
    3 Jul 2014, 07:03 AM Reply Like
  • mitrado
    , contributor
    Comments (2015) | Send Message
     
    Over 30 Million Recalls now... If that's not lousy, what is it?
    3 Jul 2014, 07:48 AM Reply Like
  • funfun
    , contributor
    Comments (3126) | Send Message
     
    And those 30 million recalls are defective GM cars primarily in the United States! Awaiting the ROARING ROLLING RECALLS to hit Asia and South America and Europe.

     

    What a confirmation that GM's marginal Management has been churning out unalloyed junk for two decades, much of it deadly defective!

     

    …funfun..
    3 Jul 2014, 08:04 AM Reply Like
  • Stu675
    , contributor
    Comments (13) | Send Message
     
    Umm you must know how long a decade is, but here is a link to a list of all current recalls. Which is pretty pathetic.
    http://aol.it/1mbkaCN

     

    Here are the current 2014 recalled cars. Not even a year and already have recalls. YEAH what great quality.
    - 2014 Chevrolet Camaro
    - 2014 Chevrolet Impala
    - 2014 Buick Regal
    - 2014 Cadillac XTS

     

    I am not sure why people still buy GM products, maybe it is clueless Americans, or just people thinking they can get a great deal on a soon to be recalled vehicle, but either way I am steering clear of any GM product.
    3 Jul 2014, 08:17 AM Reply Like
  • Frank79
    , contributor
    Comments (11) | Send Message
     
    I bet New GM will make safest cars in the near future. Quality control will be first priority other than cost control. Only thing I regret that I should get into stock around 33. Fun fun.
    3 Jul 2014, 08:22 AM Reply Like
  • mitrado
    , contributor
    Comments (2015) | Send Message
     
    Or maybe it's people who's holding GM stock who's buying them. Eh eh!
    3 Jul 2014, 10:47 AM Reply Like
  • Budavar
    , contributor
    Comments (1387) | Send Message
     
    1980 anon =

     

    GM = Now recall champion of the century!
    3 Jul 2014, 10:46 PM Reply Like
  • JAMES CARLINI
    , contributor
    Comments (4462) | Send Message
     
    I think people are still buying a GM figuring that if the car breaks down, they might be entitled to get some extra compensation. Something like "playing the lottery" only with a better chance of winning.
    3 Jul 2014, 07:00 AM Reply Like
  • funfun
    , contributor
    Comments (3126) | Send Message
     
    "Any progress you can make as a company in the technology space, people appreciate," says Chevrolet VP Paul Edwards.

     

    If your Wi-Fi is as cheap and defective as your deadly ignition switches and faulty airbag inflators, I won't be able to download much of anything at anytime, right?

     

    …funfun..
    3 Jul 2014, 07:14 AM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    GM,

     

    More product accolades just in.

     

    7 product category wins. More than any other manufacturer.

     

    Consumers are looking forward, perhaps investors should do the same.

     

    http://bit.ly/1s2e5d1
    3 Jul 2014, 07:24 AM Reply Like
  • mitrado
    , contributor
    Comments (2015) | Send Message
     
    Sorry, only Japanese cars for me. I don't want any European or American car built by minimum wage workers who don't have the slightest pride on their jobs.

     

    I'll reconsider my position when and if American and European companies stop treating their workers almost as slaves.
    3 Jul 2014, 07:51 AM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    Actually, it was allegedly the higher wages of American & European automakers that has been pretty much accepted as hurting their relative competiveness.

     

    And if it is recalls you want as a measuring stick, you would see Japanese automakers have had more recalls in recent years than any others, until this year.

     

    in 2011 alone Honda recalled cars at a rate of 4X their annual sales. Toyota about 2X.

     

    Honda has also recalled millions more this year. 2M last week alone, while this Takata airbag issue has been going on for over a decade.

     

    http://bit.ly/1p1CuP0
    3 Jul 2014, 08:02 AM Reply Like
  • mitrado
    , contributor
    Comments (2015) | Send Message
     
    Interesting statistic... too bad it's from 2011.

     

    Also, In the category "Recalls Where Deaths or Injuries Were Reported" you don't see Honda there or Nissan, Mazda, Mitsubishi. Do you? You see Ford and GM multiple times though... and Toyota just once.

     

    Now let's look at a more recent statistics:

     

    "General Motors has issued more recalls on more of its models than any other auto manufacturer since 2004, according to a TIME analysis of federal safety data. Ford Motor Company has the second highest tally with 559 such recalls. Chrysler has the third most with 411 model-level recalls." -- http://ti.me/1s3biA8

     

    GM (obviously), Ford & Chrysler take the lead.
    3 Jul 2014, 11:12 AM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    yes, short term issues can move the data, agreed.

     

    Here are some longer term stats.

     

    Naturally GM sells and has sold more cars than anybody else, so that should be taken into account as well. (using recall rates vs units would compensate there) Check the Forbes link.

     

    We could use severity/seriousness of issues as well, but that would be tough to analyze with a single glance. Keeping in mind some recalls are actually not very serious

     

    By almost any metric over time, Ford has been the most recalled vehicle, despite selling many fewer vehicles vs GM's brands combined.

     

    Also many of Mazda recalls are actually Ford's, as many like the B2000, Tribute, Navaho etc, are actually only re-badged fords, built by Ford, with zero contribution from Mazda itself

     

    http://onforb.es/1g8F9pt

     

    http://bit.ly/1ruceB3

     

    http://bit.ly/1sKC8Mv
    3 Jul 2014, 11:42 AM Reply Like
  • funfun
    , contributor
    Comments (3126) | Send Message
     
    Thank you, mitrado, for a balanced viewpoint and the identification of obsolete data, and concomitantly the erasure of some of the GM PR dissimulation placed in these forums, which is misleading and inaccurate.

     

    …funfun..
    3 Jul 2014, 11:42 AM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    Enjoy the rally.

     

    GM stock going higher every day.
    3 Jul 2014, 11:50 AM Reply Like
  • lemm
    , contributor
    Comments (600) | Send Message
     
    A lot of GM's recalls on the newer cars and trucks have been for soft wear glitches, simple fix, and keys, another simple fix.
    3 Jul 2014, 04:53 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (9366) | Send Message
     
    The recalls are driving people to the showrooms...and that is driving sales.
    3 Jul 2014, 09:56 AM Reply Like
  • Budavar
    , contributor
    Comments (1387) | Send Message
     
    Switch out of this mess as I REPEAT my switch reco, widely published since April:

     

    >>> Sell GM $37.74 = Buy SDRL $39.95 <<<

     

    Originally it was possible to make a share for share exchange. No longer.
    SDRL (NYSE) the king of the high tech deep sea drilling arena, has raised the cash dividend to $1.00/quarter.

     

    Thus it yields 3X more than GM, with 1/3 of GM's inflated PER.

     

    And SDRL is scandal free...
    3 Jul 2014, 10:54 PM Reply Like
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