Recently celebrating their centennial, GM has been at the forefront
of the American automobile industry for over 100 years. GM has been
deeply woven into the fabric of American culture and history, most
notably through their efforts to manufacture war machines for World
War II and the introduction of several technologies that are
commonplace in automobiles today. Over the course of their
illustrious history GM enjoyed dominance as a global sales leader
with sales so profitable they were able to be a leading provider of
home mortgage financing through finance arm GMAC. What a difference
a year makes. After a bankruptcy filing, government ownership and
the sale or death of 4 brands, GM is poised to command dominance
again. With only Buick, Cadillac, GMC, and Chevy remaining and over
2300 dealer franchises terminated or scheduled to do so by 2010,
the success of any recovery plan will hinge on GM’s most popular
Brand, Ed Peper, VP and General Manager of Chevy, has been at the
helm of the Chevy brand for some time and he has great confidence
in the products and consumer reaction sales wise. Of the newly
launched 2010 Camaro, Ed stated, “Even in tough economic times we
have all faced in the past several months we have over 10,000
bonafide orders and getting more every day for Camaro. It’s the
21st century sports car.” The 2010 Camaro, a star of the biggest
summer blockbuster, Transformers Revenge of the Fallen, has wowed
critics and consumers alike with its styling and engineering.
“[It’s] got great built-in technology,” Ed chimes with pride. The
success of Camaro alone, however, would not be enough, so Chevy has
an aggressive product launch schedule with the re-designed Equinox
crossover, Volt extended-range sedan, Orlando crossover, Spark
sub-compact, and Cruze compact car, all scheduled to launch by
November of 2010. “Chevy in [and] of itself, we have to carry a lot
of the sales and revenue for the company anywhere from 55-60%.
That’s going to be even more as we get all these new products like
Camaro, like Equinox, like Spark, like Orlando, and Volt. We are
going to have to carry more of the load even more so for the
company…We start building the Cruze in April next year and of
course we are going to bring the Volt to market by November of
2010.” With almost $50 billion in government funding behind GM, one
can conclude that a lot is riding on the shoulders of Ed Peper and
the Chevy division, yet when you meet Ed you get a sense he is up
to the task. His approach and philosophy is simple, “We build cars
and trucks that people love and we build cars and trucks that have
great styling; they have great fuel economy, and provide great
value.” www.chevy.com