Since General Motors first announced the recall of 2.6 million of its small vehicles in February, many have speculated that the automaker’s former CEO, Dan Akerson, knew of the defect and the fiasco that would ensue as a result of it, leading the 65-year old to resign from his position earlier than expected. It’s easy to dismiss these rumors as crazy ideas thought up by even crazier conspiracy theorists, but as Autoline’s John McElroy points out in the video below, there may be some substance to the speculation.
When Dan Akerson first announced his retirement in December, he cited his wife’s late-stage cancer as the reason for his leaving. We don’t doubt this was a contributing factor to his decision, but Akerson was named Vice Chairman and Special Advisor to the Board of Directors of his old employer, Carlyle Group, on March 1. So Akerson doesn’t have time to be the CEO of GM, but he does have time to chair Carlyle Group?
There are a few more points contributing to the rumors that current CEO Mary Barra was thrown under the bus by the high-ranking executives at GM. McElroy goes over them briefly in the video below, so give it a watch and let us know what you think about the speculation in the comments.
Comments
I think this one a little far fetched. It is kind of hard to fake your wife dying.
If anything I think if GM knew this was coming and if anything went to Mary for several reasons.
Dan was not a GM lifer nor was he an engineer. Mary came up through the ranks and is an engineer and can better address what happened and what to do to fix it.
Also Mary is not just another old crusty snow topped old man from GM. People may give here a chance to work through this unlike the older men they would write off before they even spoke.
It will come out in the investigation when Dan found out about the switch.
And I put myself in his place. My wife is dying. I find out about an issue that comes from 5 years before I ever worked for the company that will suck up 24 hours a day. I have so much money I do not need anymore. I am old. I am getting the heck out of here.
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07-13-2014, 12:21 PM #1
mgrenwic
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C6 z06 vs. C7 z06 – let me be honest (maybe inappropriate)
I don’t want to be rude but something tells me the value of the c6 z06 is going to stay strong if not increase.
I was just out and saw my 1st new Vette in person and I must say, IMO, that it does not tickle my pickle at all.
The rear end on the car is just ghastly IMO, completely ruins it for me…like a hot girl with bad teeth.
Long live the c6.
Disclaimer – Just my opinion.
07-13-2014, 12:28 PM #2
croatbob
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Well u wud most def be wrong. Just look at the history of old models when new models come out. Corvette, Ferrari, BMW no matter. Unless it’s a collectors item it’s going to lose value
07-13-2014, 12:28 PM #3
Silver Bullet C6
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LOL, but I agree. I could have held out for a c7 Z06 or pursued a C7, but that rear just did not appeal to me. Also seeing them in person, I was still not liking the look. I knew I could mod a C6 Z06 to my liking, and the looks were what I like.
So I now have a H/C Z06 to go along with my C6 in my avatar….one blown and one NA
07-13-2014, 02:19 PM #4
oicw
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As much as we hope, I highly doubt our C6Zs will depreciate any less, in the NEAR future.
Yeah we’re passionate with the whole big displacement NA raw power thing, but few buyers share that passion. The C7Z is better in every way, much like the C6Z vs C5Z…
Likewise, the ZR1 will see a quick drop in value as well.
07-13-2014, 02:45 PM #5
mgrenwic
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I should clarify, this is solely based on looks of the cars not function or features.
Heck, who knows maybe so many people feel the same way about that rear look that a company will come out with a replacement piece that looks better….money to be made there.
07-13-2014, 02:48 PM #6
z76232
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We took a drive up to Prescott last week and while in town we went to lunch. When we came out there was a new C7 parked close to us. We went over and looked at it and my wife had to ask what it was. I told her it was the new Corvette and all she said was ugly. I told her about the nicer interior and some of the upgrades. She said it had to have something going for it. The main thing she hated about it was the rear end and the old 240Z fast back style. I’m sure it will catch on but I don’t think I’ll ever worry about having one.
07-13-2014, 02:52 PM #7
Homeboy77
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It would be nice to think about a C6Z06 depreciating less, but it doesn’t matter. I have no plans to sell my 06 Z06.
07-13-2014, 03:09 PM #8
BearZ06
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“The rear end on the car is just ghastly IMO, completely ruins it for me…like a hot girl with bad teeth.” That really sums it up well. Usually after a few weeks I adjust and begin to like the new vehicle changes. I just can’t seem to get there with the behind of this one though.
Last edited by BearZ06; 07-13-2014 at 03:11 PM.
07-13-2014, 03:11 PM #9
Hirohawa
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I don’t care how much my Z06 depreciates I just can’t get into that rear end on the C7. I have seen a ton of the base Stingray around town and the rear end kills and otherwise well executed new design. Not only does the rear not look like a Corvette it has a distinct Japanese aesthetic about it.
07-13-2014, 03:19 PM #10
ATC399
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C7Z is going to be a Beast……….Also OP you better get used to looking at its rear end…
Last edited by ATC399; 07-13-2014 at 04:00 PM.
07-13-2014, 04:13 PM #11
gatti-man
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Quote:
Originally Posted by Hirohawa
I don’t care how much my Z06 depreciates I just can’t get into that rear end on the C7. I have seen a ton of the base Stingray around town and the rear end kills and otherwise well executed new design. Not only does the rear not look like a Corvette it has a distinct Japanese aesthetic about it.
It does look Japanese to me as well. I don’t like the c7 design standing still but in motion it’s ok…. The interior while higher quality still isn’t designed well to me. Z06/zr1 c6 designs still are best to me. It has that classic look.
07-13-2014, 04:16 PM #12
mgrenwic
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Quote:
Originally Posted by ATC399
C7Z is going to be a Beast……….Also OP you better get used to looking at its rear end…
In a magazine or billboard maybe…but I don’t think I could get use to looking at the ass…
07-13-2014, 07:36 PM #13
z76232
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Quote:
Originally Posted by Hirohawa
I don’t care how much my Z06 depreciates I just can’t get into that rear end on the C7. I have seen a ton of the base Stingray around town and the rear end kills and otherwise well executed new design. Not only does the rear not look like a Corvette it has a distinct Japanese aesthetic about it.
07-13-2014, 07:47 PM #14
BearZ06
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Quote:
Originally Posted by ATC399
C7Z is going to be a Beast……….Also OP you better get used to looking at its rear end…
A beast, yes, too bad it’s an ugly beast. I’ll keep my ZR1 beast for now!
07-13-2014, 07:51 PM #15
forg0tmypen
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I dont think a 505hp car that weighs 3,100 lbs and breaks necks when it drives by is going to drop far below $40,000 on the low end. 2006 models have been hanging around $40k for a long while. They were $40K when I was looking in 2010. Regardless, the market will decide. So far so good IMO.
07-13-2014, 07:57 PM #16
mgrenwic
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Lol
Quote:
Originally Posted by BearZ06
A beast, yes, too bad it’s an ugly beast. I’ll keep my ZR1 beast for now!
Good one.
The more I look at the photos the worse it gets.
The front fenders look so sharp I feel like I could use them to cut deli meat.
07-14-2014, 07:47 AM #17
ATC399
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Quote:
Originally Posted by BearZ06
A beast, yes, too bad it’s an ugly beast. I’ll keep my ZR1 beast for now!
You will also see only the rear in your ZR1….
07-14-2014, 08:51 AM #18
croatbob
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Quote:
Originally Posted by forg0tmypen
I dont think a 505hp car that weighs 3,100 lbs and breaks necks when it drives by is going to drop far below $40,000 on the low end. 2006 models have been hanging around $40k for a long while. They were $40K when I was looking in 2010. Regardless, the market will decide. So far so good IMO.
no sure where ur looking but i see em all the tym for mid 30s
07-14-2014, 09:14 AM #19
CB1953
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Quote:
Originally Posted by BearZ06
“The rear end on the car is just ghastly IMO, completely ruins it for me…like a hot girl with bad teeth.” That really sums it up well. Usually after a few weeks I adjust and begin to like the new vehicle changes. I just can’t seem to get there with the behind of this one though.
I keep trying and trying to like the C7, but it is just not happening. I had the first spot at a dealer for a new ZO6, but I’m going to pass and keep what I have. I thought maybe my mind would change when I saw one in person rather than pictures, but it actually looked worse to me.
07-14-2014, 09:54 AM #20
croatbob
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same here. i love everything bout the c7 expect the ass end. reminds me of a cheap mitsubishi