GM

Kar_Man

And the Prologue is based on GM's Ultium platform and shares a lot with the Blazer.

Tripleberst

Unfortunately these companies care more about total profit per unit sold combined with sales volume. If they can move a lot of units, they want maximum return on each unit. Tesla has largely followed this model for a long time while being strictly an EV company. It's why everything is controlled through the crappy touchscreen and minimal buttons, minimal moving parts, and wiring in each vehicle. They're trying to maximize profit while keeping volume high. So they want to move a lot of units but if they see a market that will pay a higher profit margin per vehicle, they'll focus on that market. Ford and GM have been doing this with trucks and failed very miserably to make EV trucks profitably. They just don't see a fast path that can ramp up to the same level of profits in their sectors so they'd not only have to change their core technology but also their target markets. It's too big of a change for them to take on, so they gave up for awhile. I'm convinced they'll come back but we'll see.

ibribe

> If Honda had just used the stock software and had GM dealers service them I feel like most of the big issues would just become small ones. Alternatively, you could have just purchased a Blazer...

spinrut

I was curious about since it was GM guts if Honda handled the service or not or if they just passed you along to the GM dealer. Guess not, which is a shame

Stormbringer-2112

Totally agree. I bought a Nissan Ariya last year because we wanted an EV and hoping it will be as reliable as my accord was. Honda’s EV is not really a Honda, but a GM with Honda dressing, so I wasn’t motivated to buy that. And the Toyota BZ4 whatever was butt ugly, so we steered clear of that.

n55_6mt

I’m leasing a Prologue for my wife right now. It’s costing us less per month to lease, insure and charge than what we were spending in gas on our 4Runner that she was daily driving. The ultimate irony is that the worst part of having it is dealing the Honda dealer network who really aren’t staffed/ equipped to deal with the thing. If Honda had just used the stock software and had GM dealers service them I feel like most of the big issues would just become small ones. We’re still pretty happy with it because it’s fuxxxing cheap for what it is and fits our needs very well but it is sad how close Honda was to making it sooo much better.

Silver_gobo

They don’t say “car says plummeted”, they said “ev sales plummeted”. Also their EV cars are made in America with a joint venture with GM.

mark5hs

They haven't even made an EV. The Prologue is made by GM.

LongevitySpinach

Poor Mans Covered PUT on UBER & GM. Long leaps, short weeklies or monthlies.

AyumiHikaru

Meta fell for the bait. This reminded me of GM partnering with Nikola. LOL

silverfutes

GM, they need new cars

HairyBushies

**Teenage years:** I started investing in earnest around age 18. Had a little money and thought because I read books from Peter Lynch, etc. that I knew my shit. I didn’t do too bad honestly but that was just after the recession of the early 90’s and the turnaround lifted all boats. That was probably a really bad outcome for me early because I thought I had skills. **Twenties:** Saved heavily with my first real, full time job. Progress was slow but real. I still thought I was hot shit. Picking individual stocks, chasing returns, etc. I still thought I knew how to select stocks. I still came out OK, essentially matching the market but had one dud: lost everything in GM during the GFC. I thought for sure the government would save an iconic American auto maker. I was half right: they bailed out GM but only after it went bankrupt & all equity holders were wiped out. **Thirties:** Humbled but still way too cocky, thinking I can still beat the market. Humbled in that I survived a big wave of layoffs from the GFC but cocky because 1) I was buying at depressed prices throughout the lost decade and 2) picked up a bit of Microsoft in the waning days of Steve Ballmer when it was dirt cheap. **Forties:** Hit 7 figures and saw explosive growth in one of the longest bull market in history. All that aggressive savings early is really paying off. The possibility of an early retirement seemed like a very real possibility. Began to think more about protecting what I have. The latter half of my 40’s I think I got cured of individual stocks. **Fifties:** Only 1 year in but moved my allocation to a risk parity style portfolio in preparation for an early retirement within 1-3 years. The only individual stock I have is MSFT still though it makes up a part of my Large Cap Growth sleeve. I understand that introduces a little more risk but I am at peace. **The lessons:** 1/ Saving aggressively early really saved my ass from some dumb, naïve mistakes. 2/ The era you start your investing career in makes a **HUGE** difference. I was lucky to have started right after the dot com bust while saving 15-20% of my salary. It primed me for what was to come. 3/ Everyone gets this. It’s just a matter of time. But the earlier you learn it, the better off you are. Unless you truly are exceptional, you can’t beat the markets. I am convinced that even some of the superstars we celebrate for their investing prowess was just from dumb luck. Dumb luck can account for a decade of above market performance.

LostAbbott

Seriously, GM and Chrysler should have gone out of business and been broken up.  Government could have taken them in to receivership fired the Csuite and split them back up into individual companies spinning them back out one by one.  We would have had short term pain for long term gain...  Fucking bullshit corrupt politicians kicked the can down the road and now we have Korean style Zombies turning worse and worse cars...

Waste-Milk2716

GM Oiltards 

XxIcEspiKExX

Good thing we got rid of research and funding for renewables in the usa with the current administration. We basicly removed the tourniquet from a severe open wound. We could have stopped some of the bleeding cutting ourselves off oil, compound that with the cut to EV tax credits.. Perfect storm. I bet we see EVs selling again.. guess calls on GM and tesela.. too bad they cut production at gm for all EVs due to low demand after the tax credits were cut.

shitholejedi

Ford, GM and Stellantis wrote off losses in their EV segment this year that nearly matched the bailout the US government gave them in 2008. Their bet on EVs has been worse since the only thing they are selling is '12mpg' SUVs.

tech01x

They also lobbied Ted Cruz and got the EPA CAFE fleet emissions penalties rolled back in the BBB. So they are part of the changes to government. Both Ford and GM. Toyota had been lobbying against plug in electrics for years.

eskimoboob

GM actually has a pretty good track record developing EVs but their promotion is terrible

Jerky_san

Ford and GM ceos are over there like "ah fuck"

Waiting4Reccession

The GM ceo has flipflopped on ev multiple times regardless of policy and been overpaid for her incompetence in that manner. Oh and they were the only ones who partnered with the total scam, Nikola the ev truck shit

ironcha0s

Ford and GM are not innovators they are heritage companies that know how to stamp out the same product that continues to get worse and worse.

RODjij

GM, Ford and Ram going to get their shit rocked again this year just like last year. It was especially bad for Ford.

superPlasticized

What do you mean, "almost". GM did.

Crazy_Donkies

There is a fair chance they have major debt issues.  But also a decent chance they are fine.  Regardless I'm not touching it.    I can see too clearly a scenario where they declare bankruptcy and emerge with less debt, fucking current shareholders and debtors.  With the government own shares.  E.g.  GM 16 years ago.

thadcorn

I think it would be hilarious if gas gets so high that EVs become popular again. Ford and GM would be so duped.

Wowmuchrya

With Intel, Oracle, FedEx, UPS, Block, GM, and every other company under the sun laying off 10-30k+ employees each nobody, NOBODY could have seen those jobs numbers coming. Nobody!

LongevitySpinach

I wouldn't look at Tesla vs BYD as a binary trade. BYD has a GREAT battery business, and the new blade is no exception. In fact, Tesla uses the current blade battery in made in china vehicles and will probably use the new one as well. Tesla uses batteries from CATL, BYD, LG energy, Panasonic, and their own. There are trade barriers and lots of incentives to build domestic battery production in the US, so Tesla continues to ramp it's own production, and also is taking over GM's abandoned LG energy project. Tesla will essentially buy all the batteries they can get from whomever. BYD's auto business, however, is pretty meh. High volume on very low margins and their offerings don't really have any differentiation from 20 other Chinese brands. One of the big problems is BYD was essentially hiding massive amount of debt off balance sheet by dragging out payments to their suppliers as far as they could. The government had to step in and tell them to knock it off. They are not a direct competitor with Tesla because they are generally a cheaper class of auto. Tesla is competing more with Xiaomi, Li Auto, Expeng. https://preview.redd.it/7wuef81b4png1.jpeg?width=1200&format=pjpg&auto=webp&s=f1b4b7d275c788944f54020d9a2f636e6934bba2

christian__6

wow we are gonna end today red source: wendeys GM

Crafty_Friendship_15

Nothing a brief Google wouldn't fix, but I'll help ya: SAAB (acronym from the literal Swedish translation of "The Swedish Aeroplane Corporation [AB]) was officially started in 1937 with a history of air and weapons tech dating back before that date with some independent companies merging and combining on the stated date. They didn't start manufacturing cars until 1948 (SAAB 92), they merged with semi-truck and heavy equipment manufacturer Scania in 1968, and it was all one huge company until 1990 when the auto manufacturing part of the company was separated from the rest into SAAB Automobile, and General Motors bought a moderate stake in just that part of the company. SAAB Automobile and Scania were de-merged in 1995 [even though the Scania name was used for another five years for brand continuity and de-merger agreements, and Scania's griffin logo used for another 10 years past that because of the same agreement], and GM bought a controlling stake of SAAB Automobile in 2000, (and continued to bleed SAAB A. dry like they do with everything that dinosaur of a company does... while GM may have extended SAAB's life by purchasing them, as SAAB [autos] was more design-minded than profit-driven, GM ownership was very cannibalistic towards their tech and didn't know or care enough to run a company such as SAAB [whereas Ford ran Volvo marginally better and let Volvo have a "longer leash" than GM did with SAAB]). When the financial crash of 2008 hit, SAAB was one of the brands they chopped, but GM still had control over who purchased them, and (long story short) due to the newest 9⁵ being based on a brand-new Vauxhall/Opel [Insignia] chassis (also used by the Buick Regal and Lucerne) GM blocked numerous purchase attempts of SAAB auto, and by the time Spyker AB reached an agreement, the metaphorical ship had taken on too much water at that point. There's even more after that, but I digress... Aerospace and heavy weapons SAAB has been healthy for the most part, and that's ALWAYS been the center of the company. The engineers just decided to make cars "on the side" after WWII with the slight lull in demand for aircraft and such. They're very much still a player in today's developments, but I don't think they mine being slept on, being on the d.l. kind of helps them stay under-the-radar.

ilovemathematikz

EXIT YOUR GOLD MINER POSITIONS, ENTER MINERAL//CRUDE POSITIONS INSTEAD. JPM PUT MAR 6 STRIKE 292.5 MS PUT MAR 6 STRIKE 167.5 GM PUT MAR 6 STRIKE 78 GS PUT MAR 6 STRIKE 875 The puts above are 3000% data backed, this will print, don’t believe me? /remindme If you have questions ask.

Equal-Emphasis-4129

Revenue from last 4-5 is almost same growing very slowly, but profitability is better every year. Its same playbook - reduce cost - get more profits. ## Block Inc - 5-Year Financial Summary (2021-2025) | Year | Revenue | Gross Profit | GM% | Adj. OPM% | |------|-------------|--------------|-------|-----------| | 2021 | $17.66B. | $7.50B | 42.5% | N/A | | 2022 | $17.53B | $8.89B | 50.7% | 5% | | 2023 | $21.92B | $10.24B | 46.7% | -2% | | 2024 | $24.12B | $10.40B* | 43.1% | ~17% | | 2025 | $24.00B | $10.24B | 42.7% | ~18% | * generated from Claude Real reasons : - Cash App is struggling to monetize beyond P2P transfers — it has 57M monthly actives but low revenue per user vs. its potential • Square is losing merchant market share at the high end to Stripe, Toast, and Adyen • Dorsey’s attention is fragmented across Block, Bitcoin advocacy, and broader tech commentary

superstition40

Yes I remember years ago GM laying off people and they dragged the CEO to a congressional hearing for him to explain why he sucks at his job

TonguePunchMyPoopBox

Jesus H. Christ look at that 75% GM and that ridiculous guidance.

NetSage

I can't judge but I would sell eventually before the crash. [Tesla Market Cap More Than Market Cap of Toyota, BYD, GM, Ford, Hyundai, Kia, Mercedes-Benz, Stellantis, Geely, Ferrari, BMW, Volkswagen Group, Honda, Nissan, Renault, XPENG, and NIO Combined - CleanTechnica](https://cleantechnica.com/2026/02/19/tesla-market-cap-more-than-market-cap-of-toyota-byd-gm-ford-hyundai-kia-mercedes-benz-stellantis-geely-ferrari-bmw-volkswagen-group-honda-nissan-renault-xpeng-and-nio-combined/) But what do I know you seem to be doing fine.

milkplantation

Which domestic manufacturers? Isn't the issue that many of those manufacturers have more or less left? CAT, NUE, GM? There aren't many that seem to make much sense.

SecretlyARaven

Sage looks sooo happy, calls on GM

sandee_eggo

Agreed. Insurance is a form of leverage, as is real estate development, which Munger is how he got rich in the 1960s. Say more about GM.

accutaneprog

Lol spoken like someone that has never worked in corporate. As someone that has worked at the GM levels, if a VP blames a consultant for a huge mistake...the VP will be axed and the team potentially dismantled. The consultant will be long gone by then.

gainsusmaximus

Puts are obvious, here which is why tomorrow will be green thank you for your attention to this matter. GM. Regard

Bringyourfugshiz

Well, it depends on how long you plan on living. Lets say you make it to 80. If you started collecting at 62, you would have gotten 307k. If you waited until 70, you would have collected 273k. Its really not until ~85 and on that it would have been better to have waited. However, you also needed to work full time an extra 8 years, which you could have been enjoying more thoroughly. There are probably a lot of factors to consider including health, historical family life expectancy, retirement savings outside of SS and your expected cost of living. As an anecdotal reference, my dad retired early having worked for GM for decades (when pensions were a thing) but died at 52. He didnt get to enjoy retirement very long, but enjoyed it a heck of a lot more than if he waited

AlfB63

I don't buy into the idea that TSLA is more than a car company. At least not much more.  But for those invested in it, you better hope it is.  At its current market cap, it's worth more than the next 35 biggest car manufacturers. Ones like Toyota and GM. That's insane in my opinion.  Note: Data came from AI and not confirmed but likely correct.

BFox1982

GM! Remember, she doesn't have a low libido, she just doesn't want to have sex with you.

Peppertheredfox

Car vending machine company still has a 73 billion market cap. Larger than F and roughly the same as GM 😂

cloud7100

Do you remember the Great Recession? Too young? I had finance professors back then openly debating if the US financial system would exist by the time I graduated. Societal collapse was imminent. Everyone was laid off, losing their life savings and homes, pulling money out of banks to bury in their back yard. \~5000 Americans committed suicide. Director of the Fed, Ben Bernanke, was publicly announcing we were heading for a decades-long Great Depression 2. My 70-year-old neighbor came out of retirement because his nest egg was gone, got a job with GM, only for GM to immediately go bankrupt. If you don't remember the apocalyptic talk and headlines back then, I'm guessing it's because you were still in diapers. Or alternatively need to take of one those memory tests the President likes to brag about. \--- The nation can be in a social decline, moving in a direction antithetical to your ethics and lifestyle, without being in an economic decline. Imperialism is very profitable, see the British Empire under Victoria. So is destroying the planet, eliminating all safety regulations, and encouraging corporations to bribe public officials. Legalizing slavery would spike the Dow to new ATHs. Being a successful investor requires separating your investing strategy from your personal beliefs. Nobody cares when you HODL a losing position because it's the right thing to do.

Carfar_Farcar

Yeah man I hope the Dolphin's new GM drafts some players worth a fuck this year. Chris Grier can eat my entire asshole.

devonhezter

Mary and GM led huh. Who got bailed out by the govt again ?

Danixveg

Or in 2017 when he called the dude a pedo.. that was the end of Musk for me personally. Ford or GM should have bought Tesla in 2019 when they were in serious trouble.

Rare-ish_Birb

Ford, GM. But seriously, buy puts afterwards.

Liability049-6319

Someone with the initials GM bout to be found dead in their cell

donjuantomas

Goodbye [PSA](https://ibb.co/Vcvw74tP) Hello Tropical Island [Capri Sun Coco Mellon](https://ibb.co/Y4GM30PG) [4 LYFE](https://youtu.be/Y0n1TshOKMs) ⛓️‍💥 🍊 ⛓️ ⛓️ ⛓️

therealjerseytom

100% on GM. 😅 It was a known gamble. Made up for it on some other stuff at the time.

Explorer_1990_

Even I am from Hungary, I usually watch CBS Evening News in Youtube. Tony Dokupil is nice, kind, but he is not comparable to David Muir from ABC World News Tonight. I saw that Trump interview in Detroit at GM factory made by Tony Dokupil, that was not a proper interview, just "avoiding uncomfortable questions". The same CBS Evening News, where Dan Rather in 2000s dared to ask less comfortable questions.

Icy_Sign_908

China EVs are crushing it because they're cheaper and better than what Detroit is making. Ford and GM are scared because they can't compete on price. Instead of complaining they should just make better cars. The market doesn't care about your excuses, it cares about value.

WillowFantastic9076

Sounds like good competition! Ford and GM need to get better or cheaper. Isn't that how capitalism is supposed to work?

graphic-dead-sign

Ford and GM are known as expensive junk vehicles.

Quick1711

Here is the thing, we as a country are trying to prop up shitty companies making shitty products for nostalgia purposes (Ford,GM,etc) while China is progressing at a pace we can’t even begin to compete with. It’s isn’t over but if we don’t get realistic about who comes out the other side of history we are going to have a LOT of catching up to do.

Quick1711

So we will bail out Ford, GM and WB? Good thing we pay all these taxes. Wouldn’t want a shitty business to go under, huh?

AccomplishedBus81

i bought a new GM in 2023 and that piece of shit is in the shop every 2-3 months. most recently 2 weeks while waiting on a 15 cent rubber o-ring. When that warranty is up im out

Successful_Shake1102

Maybe if Ford and GM started to make decent cars that would not complain that much? Typical American company whining. Bring the tariffs on so we don’t have to innovate and keep selling shitty cars.

7148675309

Ford was not bailed out - just GM and Chrysler.

RudyGiulianisKleenex

The same Ford and GM that have decided to massively scale down their EV operations

Independent-Wolf-832

No threat to Ford or GM. They will be bailed out by American taxpayers for whatever amount they lose internationally. The same taxpayers who are forced to buy their junk, plastic toy cars and keep ripping them off since there is not a free market in the US.

hareld10

I use to work in GM (and my entire org was sent home), so that's double meaning for me haha

Mufasa_LG

That's funny, since Ford's rank higher on reliability scores, and GM have had many lawsuits over their V8s blowing up en masse.

JacobMcJacobzon

GM wasn't bailed out for the Equity investors (they lost their investment). Government stepped in to protect union jobs which are a good vote bank for politicians.

PlayerHeadcase

Yeah while Ford, GM and the Eu manufacturers were spending billions lobbying politicians to delay the EV take up, the Chinese were investing in EV tech. They made their own bed, now they get to lie in it.

CucumberExpensive43

GM voluntarily exited the European market a few years ago and Rivian doesn't even sell anything here. What the fuck do they want now?

Real-Ranger4968

You mean you can’t compete?!? I’ve studied the labour structure and subsidies provided by the Chinese government: From a labour perspective, they have a huge advantage simply because it makes sense. EVs need less people, they don’t have people turning bolts and moving parts between robots making $130k a year…this is minimum wage jobs. Their factories employee 1/3 of what the US does. From a subsidy point of view, the US had implemented tons but they are all gone now… From a tech perspective, China is 10 years ahead…including how their industries are set up. So REALLY what Farley is trying to say is that you as CUSTOMER MUST PAY MORE so all of them can swim in their bonuses, pensions, etc….and they SHOULD refuse to accept the new reality. And serious, who tf wrote this article?! Can you send them a message ?? GM JUST CLOSED A FACTORY IN CANADA….and they now complain Canada will manufacturer Chinese cars?!???

gizamo

It's not even remotely close to what China has done in terms of subsidies. I don't think anyone suggested the US gift to GM was done well. I certainly never said that.

No_Fox

Bailing out GM wasn't enough of a subsidy? Where did that lead? Straight to inefficiency, continued poor decisions, lack of innovation and padding up more of the executive's wallets.

gizamo

The US government should have taken ownership of GM and then subsidized the entire EV supply chain, all EV infrastructure, and funded EV research. But, even then, to compete with China, the US would have to have their own genocide for the slave labour... something something Uyghurs, Xinjiang, lithium, aluminum.

foulpudding

I think a lot of people don’t get this. They get so caught up in the idea that Ford, GM, etc. don’t make the smaller cheaper cars that people want, but they never stop to think what it will take to actually make those cars.

ANTI_FASCIST_USA

Yup. Fuck Ford, GM, Tesla…. Bring the Chinese cars to America. Make these shitbag companies compete.

Mobile-Bar7732

In order to compete Ford, GM will have to automate and bring a lot of manufacturing in-house. It will basically cut American jobs. > BYD (Build Your Dreams) leverages high-level automation, with some plants, like the Xi'an facility, operating at ~97% efficiency using AI-guided robotics, Automated Guided Vehicles (AGVs), and smart, real-time logistics. This vertical integration—producing ~75% of parts in-house—includes automated battery, motor, and semiconductor production.

7148675309

Maybe they should lower their prices. Plus how is this relevant to GM - since they sold Opel/Vauxhall to Peugeot - they sell next to nothing in Europe- save a handful of Cadillac EVs in a few countries. Ford f’ed themselves over by getting rid of cars and hoping people would buy only SUVs. Stupidos.

callsonreddit

Rivian, Ford, GM CEOs warn China EVs pose existential threat as European market share jumps 6.1% YoY [https://finance.yahoo.com/news/from-slippery-slope-to-existential-threat-auto-ceos-sound-alarm-on-chinese-competition-153037342.html](https://finance.yahoo.com/news/from-slippery-slope-to-existential-threat-auto-ceos-sound-alarm-on-chinese-competition-153037342.html)

SirAnthony73

Way back in 1998 when I owned a GM dealership and a separate used car lot I used to buy off lease Nissans Honda Toyotas from a third party lease company and use a program they had to release these three year old under 50k. The payments and down money were low like 1999 down 199 a month for a pathfinder 4x4 back then. The big issue though is 1. Had to outbid other dealers for the good stuff that didn’t need $2000 of reconditioning before you could sell it 2. And as usual finding enough good cars There isn’t a “Used Car Factory “ just just know this plans Achilles heel is Supply of inventory at a reasonable purchase price! Even as a dealer You can’t steal enough Used Cars. FYI there are more used cars sold privately and at the low end then there are 2-4 year old cars at Dealers And there is still a premium for good used product as since Covid no manufacturers have gotten production up to pre covid days. So less new cars means less used the following years And chances are a Dealer car make more under traditional selling/financing than going through a lease process. In new cars means less leasing it’s different since the manufacturer incentives the dealer on leases penetration and terms. In theory UC Leasing can have a payment advantage but in reality it’s hard to come by given competitive purchasing issues and recon costs imo

M18PowerKing

I see them way more often than Cybertrucks or GM ev trucks. I almost never see ford lightnings.

Wide_Air_4702

Most likely AI will condense into something like autos did in the US. A "Big Three" who are the major players The GM, Ford, and Chrysler of the AI world.

TeamDisrespect

Oh I agree with you.. nothing at all to do with AI. I was just pointing out the 24% in 6 months 50% in a year is an anomaly based on the quick dump it took when they rolled out tariffs.. like there’s no reason to think it can maintain that trajectory- it’s trading at almost the same price it was in 2006. Great buy when it does sneak under 10.. I made a decent play when it was at 4 (when GM went BK).. but F may trade in the 10/25 range forever.

DrHarrisonLawrence

Completely agree. I waited 45 minutes to be able to order once, and there were 15 people there. Why did this happen? I can explain: I walked in, went to a counter for in-store purchases (not pick-ups) and waited in a line at the counter for 15 minutes. My time comes up and I was told that I couldn’t buy at the counter. I had to place my order beforehand and pick it up at the counter. Okay cool, makes sense. Which counter? They tell me to stand in the other line for the other counter and someone will help me. Every one of their cashiers were high, it was offensively lazy to me as a customer. And I smoke everyday lol, just not at work. So the high cashier tells me, see those people over there in that line? You gotta wait in that line at that counter. They’ll be able to help you out! So I wait in that line for 5-10 min, and explain the same conversation to this new person. They tell me I can’t order from them and that I have to have an existing order for pick up. They tell me to do place an order online with my phone and it can be ready in 15 minutes. So I try ordering on my phone, get to the checkout page, and it tells me I cannot buy anything because I am not a Nevada resident. Okay, that one’s on me too, I was just visiting. But that was frustrating as hell and I ask the cashier now what to do, this time interrupting them with another customer who was in the line being me. They say I HAVE TO ORDER ON THE KIOSKS AT THE FRONT DOOR So at this point it had been 30 minutes with no order placed, and no product purchased or received. I went directly to the GM and explained why this is unacceptable. She was SUPER cool about it, gave me 2x of everything that I bought, plus a free joint. Kudos to her for doing that for my dumbass. I told her she gained a customer for life!

padfoot0321

I think customers do respond. Look at Nissan, I think the individual demand for Nissan has reduced significantly over the years. People favored better products. I think only GM comes to mind for a good US quality product.

elictronic

Hard to teach someone who is incentivized not to listen. Car dealerships earn 50% of their gross margins on vehicle repairs. Half of the money coming in the door is from that small repair shop on the property. Convince someone to give up half their business that is much of the driver for even existing in the first place. GM went through this with some of the EV releases and bought out many of their dealers who just hard refused to support.

Torczyner

I owned an electric Focus. The fact you don't know it existed is funny. Ford did what the other big companies did and limp wristed the EV effort. The focus EV range was trash, the Mach E charging and quality was garbage, the truck is not an EV platform but a redone regular f150 etc. Dodge did the same BS and same with GM. Instead of developing actual EVs, they keep trying to use Ice platforms covered to EV. Until they design an actual EV platform, and overcome dealer issues, they'll continue to drown.

Skittler_On_The_Roof

They're between the same rock and hard place companies like Harley Davidson are.  Even if they want to innovate, a lot of their key demographic is allergic to it. Harley learned by building an actually good product in the V-Rod.  American HD owners HATED it.   Regarding the Bolt- it was reported/believed GM took an $8-$9k loss on every one sold.   Outside of high-end trucks and SUVs, in much lesser volume than now, I don't see how the big 3 will survive beyond the next decade.  The pivot to small, efficient and innovative cars is an uphill battle their competitors don't have.  UAW costs, red tape, investors who see the billions lost on EVs here, and alienating the existing customer base that's keeping them afloat.  And now even Japan and Korea need to be worried about China.

dalivo

GM went hard on electric SUVs, not trucks. But the really large ones are insanely expensive, so saw very small volume. Electric CUVs are still seeing some business, though.

TheLord_Of_The_Pings

All I said was that Ford would never realistically decline bailout money unless they had reasons. And those reasons would not be altruistic. I never told you to buy GM. If I were going to tell you to buy a vehicle it would not be a domestic car. Stop fanboying things. It’s weird.

Hot_Maintenance7461

I'll never buy GM between the ignition killings and the bailout. Same as I don't buy nestle products. Ford knows the value of its name and protects it.

Skittler_On_The_Roof

That's the only spot they had margin on.  Nobody under 40 wants a Ford anyway, and they certainly didn't want to pay the US production cost premium when Toyota and Honda are churning out good cars cheap.   It really was one of the few good decisions Ford, and GM for that matter, have made in many years.  

Low-Froyo908

you target the demographics of owners. GM/Ford already dominate the large SUV market. If you've visited a school in anytown, USA you'd realize how prevalent these are as family vehicles. my argument is that truck owners have a very diverse set of needs. you cannot look at total sales of f150s and say "wow, we sell so many of these, an EV is a sure thing!" how many of the needs does an EV pickup overlap? I argue the needs of a family SUV are almost perfectly overlapped by an EV-SUV. Thus, the adoption rate would be much higher, and overall higher than a small percentage of truck owners willing to switch.

Junior-Lychee2755

I have no idea, but the orange shitstain sure loves harrassing Carney Canada. Maybe Ford and GM will be compensated to a certain extent for their losses, like farmers are? Insane, of course, but Trump *is* insane.

TheLord_Of_The_Pings

Even if you ignore the engine. The rest of the truck around it is also a giant piece of shit. If you want non-stop electrical problems, buy yourself a GM. Absolute garbage vehicles.

LowSkyOrbit

I think GM is getting better. Buick and Caddy are looking much better. Chevy reminds me of Toyota 5 years ago. VW/Audi really need to step it up. The ID line is blander than unflavored yogurt. The Atlas reminds me of a 90s Ford Explorer. Honda can make fun looking cars. They just keep them in Japan. Acura needs a win so bad or is it time to just drop the facade? Toyota Prius looks amazing. They need to do more of that. BMW is all over the place. The pig nose is amazing and bigger the better I say! Mini finally moving away from the historic look is a good way forward. MB needs to think about the exterior more than the interior. Stellantis - oh jeeze. Do they even design new looks or keep recycling the same look?

Valuable_Falcon6330

Dude, US automakers have already been laying off Canadians for months now and playing games with our jobs. GM just shut down their EV plants here after swindling our government out of millions of dollars of funding. Why would we keep working with a partner that is flaky at best? Better to diversify and be open to deals with Chinese automakers maybe opening plants here in Canada rather than letting the US continue to strangle our market. The amount of cars being imported at the reduced rate is exactly how many Teslas have been sold in canada, in terms of the EV market it's opening the door, and allowing actual competition into a closed market.

Fishtoart

Both GM and Ford have decided to give up on the automobile business. Within five years both companies will only exist as a brand that is slapped onto Chinese EVs.

Waiting4Reccession

Ford and GM retarded ceos have flipflopped on EV multiple times. Especially GM.

Jeeperg84

It’s funny with them leaving the market you can see GM going HARD further into it, Ford could have easily made that Lightning plant more productive and even with the Dealer network being clowns continued to make it alas here we are with a massive sunk investment.

quiteCryptic

GM paid it back

BagPitt

This was true maybe 5 years ago but not anymore. The Chinese car market is arguably the most competitive in the world right now. It's an absolute bloodbath and only the top companies like BYD are surviving unscathed. There was an interview a while back from a GM executive who spent time in China under a GM-Nio collaboration and he highlighted how insanely aggressive the Chinese market was with zero mercy. If the Chinese auto makers are allowed to compete in the US even with 20, 30, 40% tariffs the American automakers are doomed.

Techun2

Oh, I was positive you weren't talking about the current GM truck engines. They are failing left and right, absolute botch job.