I'm wondering if the leadership is aiming for GM to be more competitive with regard to EVs or not? Sometimes it seems that they don't know what they are doing.
Layoffs coming?
I’m confused about the extra billion in cost savings. Is that there estimate after vsp and all other cost cutting measures? Or are they planning on laying off employees/targeting low performers?
Profits per vehicle and the UAW talks
Profits per vehicle, per manufacturer: GM: $2,800 per vehicle Ford: $3,970 per vehicle Stellantis: $8,365 per vehicle Tesla: $7,165 per vehicle Why is Stellantis so ahead of GM and Ford? "That is in part due to Stellantis North America's focus on... — read more
Thanks Mary for Exporting our jobs to LCC - Mexico
Hard to believe we see some folks actually touting this lady's talents and giving her praise, the blind foolish loyalists. The stock value is not just stagnant, but the stock is down over 39.9% when just accounting for inflation from it's IPO out of... — read more
Ultium battery shortage
The company claimed EV leadership, bragged up this multi-use platform like a bunch of other companies aren't doing the same thing, and now after all of several thousand built, there's a shortage that's stopping production. They are adding another... — read more
I won't subscribe to OnStar either
Stop nickel and diming customers. https://www.yahoo.com/finance/news/gm-ditching-apple-carplay-has-dealers-concerned-171604535.html
Supply of EVs on Dealer Lots Soars to 92 Days
Despite Huge Incentives, Supply of EVs on Dealer Lots Soars to 92 Days https://mishtalk.com/economics/despite-huge-incentives-supply-of-evs-on-dealer-lots-soars-to-92-days/ EV inventory is piling up on dealer lots. Hello car manufacturers, what are... — read more
Ruess roast
Check out the column Mark Ruess wrote in the Detroit Free Press. He’s getting roasted pretty good in the comments.
There is no longer any trust here
I am not sure whether the leadership has less faith in the employees or the employees have less faith in the leadership. As for me, I don't trust them at all, but I'm curious if, and when, you lost trust in this leadership?
Cruise needs to do better
https://www.kxan.com/news/driverless-cars-stop-traffic-on-austin-streets-company-responds/
The true cost of disgrunted workers
A recent Bankrate survey of 2,417 US adults found that Gen Z was more likely to report quitting a job and getting a new job in the last year than any other generation. It also found that 55% of Gen Z workers report they are “very likely” to look for... — read more
So what is in the store ahead of July 26 earnings?
Ford just did layoffs ahead of earnings
GM and Ford cannot win the battle
The EV bug has caught on. GM and Ford are bleeding money to keep up pace with Tesla. Neither has a bone of innovation or efficiency left in their body. The layoffs will continue until They go bankrupt They cannot afford to loose any more... — read more
Could a GM and Ford merger be coming soon?
Could a GM and Ford merger be coming soon?
GM and Ford in horrible shape
GM and Ford are both in bad shape. GM has lost critical resources due to buy-out, has horrible culture and Ford has too much fat in their system. If GM and Ford were people, then GM would be one with cancer and Ford would be morbidly obese with BP... — read more
Ford alerts salaried employees, including engineers, layoffs coming over two days
At least Mary promised us no ISP. https://www.freep.com/story/money/cars/ford/2023/06/26/ford-alerts-salaried-employees-job-cuts-coming-over-next-two-days/70358170007/
Layoffs at Ford once again
More auto industry pain coming. Very sad!
It's increasingly difficult to be among those who remain
True statement. Although, even sometimes when the company opens the hiring gates after losing talent, those newly recruited take months to upwards of a year or more to get up to speed. In our field, I consider anyone 12 months or less, to be... — read more
What's going on with Cruise? Ignores pedestrians, near miss.
Just today it drives right through pedestrian walking path through a cross walk...they had to back up to avoid being hit : https://twitter.com/i/status/1672977689186033664 Just 2 days ago - Fire chief goes on a rant about their fleet causing chaos... — read more
Quick Connect reviews
Quick connect reviews are happening this week and next week. I hope there will be no casualties based on these reviews and hope it's used to set expectations and not used to throw folks under the bus. Good luck!
Most American Index (2023)
This year's most american index was just published. Preserve American Made, and give the bird to companies outsourcing more and more labor. https://www.cars.com/american-made-index/
What is CTT Award
What kind of Bonus is awarded as part of CTT ? Is it Five figure or six figure ?? Any insight ?
Sometimes the decision to leave a job can become contagious
If a person who adds a lot of value leaves the company and the company does nothing for months to replace this employee (apart from distributing the workload to those who are still there) then leaving GM becomes contagious. I'm just saying.
Let's talk more about the class action lawsuits against GM
They can't be good for business.
July layoffs
Is there any truth to rumors about July layoffs? I've been hearing more about it lately, so it'd be nice to get a confirmation either way.
Business strategy
Perhaps there is someone out there who thinks highly of GM's current business strategy (is there anyone here?) but I certainly don't. The worst thing is that the leadership is very convinced that they are doing good things, so I wouldn't even... — read more
RTO is a joke
It's just a ploy by middle management to try and prove their questionable / limited value. WFH worked just fine during the pandemic and showed that all this middle management really added little to zero value, but, the mobile technology worked great... — read more
General Motors to invest $632 million into Fort Wayne Assembly
https://www.wowo.com/general-motors-to-invest-632-million-into-fort-wayne-assembly/
Last month, 600,000 U.S. workers faced newly effective return-to-office mandates
Tech, an Early Booster of Remote Work, Wants People Back in the Office Reversal is creating tension for workers who adjusted to flexibility gained during pandemic By Katherine BindleyFollow June 11, 2023 10:00 am ET Tech companies that led the way... — read more
GM's electric vehicles will gain access to Tesla's vast charging network
https://www.yahoo.com/news/gm-ceo-mary-barra-discuss-203315528.html
More electric vehicle failures you don't hear about
Last October, the Biden Administration began issuing $1 billion in grants for new electric school busses. (The article below cites $17 million in grants but it was expanded.) Let's see how it's going. ... From the Washington Examiner: Emile Lauzzana... — read more
VSP payout
I took the VSP and my last work day was May 15th. Still don’t see the payout in my bank account. When should i be expecting it to hit my account?
Why is the /r/generalmotors subreddit locked?
Why is the /r/generalmotors subreddit locked? why do threads here asking this question get secretly deleted?
Access to Tesla’s Charging networm
For has singed up… GM will be GM and simply call this a big mistake until EV sales are affected. Ford is the 3rd biggest EV company in the US. The start-ups (Lucid, Rivian, Canoo, etc.) will hold meetings to discuss this change. Switching to... — read more
why is the /r/general motors subreddit locked?
why is the /r/general motors subreddit locked? why did the new illegal 'moderator' change it from an employees subreddit into a customer subreddit
Doesn't GM help employees pay off student loans?
Maybe she could get a job with us. https://www.yahoo.com/news/woman-3-degrees-owes-250-093839015.html
Elon Musk says the ‘laptop class’ needs to ‘get off their moral high horse’ when it comes to remote work
Seeing more and more buzz in the business community to end 'work from home'. The new angle: It's immoral and not fair to the service sector. https://finance.yahoo.com/news/elon-musk-says-laptop-class-093309660.html It's inevitable that GM will one... — read more
Don’t believe the LIES
ISPs are happening! They want to keep it quiet and pretend that you’re safe, but don’t believe them.
Breaking point
I didn't leave just because it would be difficult for me to start from scratch again. I know many people who are dissatisfied and think that the future of GM is not very bright, but they are still here, probably until they reach the breaking point... — read more