General Motors Products After Bankruptcy: Our Picks For Chevrolet

May 29, 2009

We're a bit ahead of things, but what will General Motors look like when it emerges from Chapter 11 (provided it happens as planned on Monday, June 1)?

Looking first at Chevy, here are my predictions on what will stay and go and when:

  • Chevrolet Corvette: Makes money, a halo car for Chevy, hated by Washington even though it gets great highway mileage, it's safe
  • Chevrolet Cruze and Orlando: New, small, functional, necessary, still 12-18 months out
  • Chevrolet Spark: New, smaller, function, necessary, and now built in the U.S., still 12-18 months out
  • Chevrolet Aveo: Not new, holds the fort until the Spark arrives as a 2012 model
  • Chevrolet Volt: Of course it's still in ... you can't kill the poster child for The New GM
  • Chevrolet Malibu: Great car, hybrid available, a winner that stays
  • Chevrolet Camaro: Just introduced with over 18,000 orders on the books ... safe
  • Chevrolet Cobalt: Stays only until the Cruze arrives, then gone, mercifully
  • Chevrolet HHR: Stays only until the Orlando arrives, then gone, we'll miss the HHR SS (sniff)
  • Chevrolet Impala: Should be gone soon...especially now since the Pontiac G8 is a goner
  • Chevrolet Traverse: It has a city in Michigan named after it, so it's safe. Plus it gets better mileage than the smaller Volvo XC60.
  • Chevrolet Colorado: Its days are numbered, especially with the HUMMER H3 going away because they share a production facility
  • Chevrolet Avalanche:  Probably safe until the trucks get a makeover ... if that ever happens before we all get too old to notice
  • Chevrolet Tahoe/Suburban/Silverado: All safe for this product cycle

We'll post our picks for Cadillac and Buick as more news from GM and their Chapter 11 filing becomes available. Follow all the happenings here.

By the way, if you own GM stock, it's probably too late to sell. As of this filing, it was worth what it was in 1933 (around $0.88). Come Monday, it's likely to be worth nothing.

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