What's the Value of Heritage?

[FU]

"GM Heritage Collection spokesman Greg Wallace says it's more a "thinning of the warehouse." He says it costs the company roughly $2,000 a year per car to maintain, store and transport each"

2000.00 per year to store a piece of history ? What the heck are these guys thinking ? That is probably a the cost of a GM board member's lunch. Apparently the GM Heritage collection isn't worth much to the General. SHAME SHAME on the General
They all (the decision makers) should go out and get a high colonic to help them think a bit better.

Link : http://www.msnbc.msn.com/id/28581960

[ZR1Vette]

Something I posted over on the 'other forum'>>
Absolutely is sad... collection would be broken up and end up in private hands with 90% not to be seen again or on a very limited bases. Many of us think the motivation for this 'fire sale' is not money (what will get a auction will be a spit into the wind for GM financial needs) but rather a PR stunt to satisfy certain Congressmen...disgusting. Here is an interesting twist on the sale...

To quote:
Of interest to some bargain-hunting curiosity seekers, too, are some examples of GM design failures. As one GM executive told me off the record, "These are mostly cars that current management [probably product boss Bob Lutz and design chief Ed Welburn] don't much care for."
The real family jewels aren't going anywhere, even if one, like the first off-the-line 1966 Oldsmobile Toronado
How about the on-the-auction block of several rare 1989 ZR-1s?? Just really sad...

[HIZNHRZ]

Originally Posted by ZR1Vette

"...As one GM executive told me off the record, "These are mostly cars that current management [probably product boss Bob Lutz and design chief Ed Welburn] don't much care for."
The real family jewels aren't going anywhere..."

Good post Michael, thanks. The C4 ZR1 always has been, always will be an orphan child. The bottom line is "that's okay". We now have a great club bound together by a great car.

[scottfab]

I am always discouraged to see so many words to read so early in the morning but I did it and it was worth it. Putting the browser window in about an eight word width mode helped. Then it reads like a news paper article.
Anyway, no GM museum exsits is true. But then Ford was not gathered from the fragments of other car manufactures over time. Ford was this one guy who implemented a few novel things including the moving assembly line and vertical manufacturing. In their day highly innovative (somewhat obsolete today). So I guess what I am saying is maybe GM has not put an effort into a museum because it did not have that single focal point person?
Even if GM crushes work benches instead of selling to interested parties it does not mean they're all incompetent. Some I am sure have the drive and vision it would take to lead a comeback a la Northrop stile. Could the Hy-wire care be it? Dunno.
Depends on a lot of things beyond the technology and engineering excellence. Things like acceptance over foreign managed company’s offerings.
Question: Is GM selling off it’s heritage to pay executive’s salaries for a bit longer?
I mean sure it may also help Joe on the line but given GM floats a bit longer, that would be 4mos of Joes salary/wage vs 4mos of executive salary. Hmmmm who get’s more of the proceeds?

[PhillipsLT5]

Aprox 200 Heritage cars will be sold out of the aprox 800 total for the week

[evl_twn]

Originally Posted by vandornjim

Speaking of private owners. Where are the four CERV's today? (Chevrolet Experimental Racing Vehicle).

Mike Yager has CERV I in Effingham, IL as well as the XP819 concept. He's also got an '89 ZR-1:

http://www.mygaragemuseum.com/galleryindex.htm

[vandornjim]

Originally Posted by FU2

"GM Heritage Collection spokesman Greg Wallace says it's more a "thinning of the warehouse." He says it costs the company roughly $2,000 a year per car to maintain, store and transport each"

I don't believe the NCM charges to store and exhibit special cars such as these?? I wonder what the term "roughly" means anyway? Maybe it cost GM "roughly" $80K to fly to Congress in the jet, not knowing how much they wanted and for what? Roughly?

OK Gang, GREAT NEWS!
As of "roughly" 2200 hrs (10pm) last night, I received a response to the proposal I sent to a certain ex-GM VIP. After days of researching my ideas, they have decided to be at the BJ Auction and will be buying important icon cars from the GM Lack of Heritage Collection. They wish to discuss further thoughts. I have not revealed their names because it might effect the auctions outcome if they are identified. You might, however, see them and recognize them if they choose not to use an unknown bidder. They are a very special group and all of you know of them.

In any case, I want to thank all of you who spoke in support of keeping these special Corvettes in-house. Many of your comments were read and appreciated by all parties involved.

Now if we can just get some exhibit space to put them!!
jim

[tomtom72]

That's great news! You should be proud of your efforts!

I wish you and those VIP's good fortune.

[Z Factor]

Thanks for your efforts and to those who are stepping up to the plate.

Keep us informed.