This is simply not possible with the current product plans in place, unless bankruptcy #2 is desired.
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Do you even read a news.... its a cars!!! Trucks will have ice or other power plant like hydrogen. Please just read the damn thing before you change the word car to now all vehicles!
Smoke and mirrors for a temporary stock lift. It worked for GameStop why not Mary? A last ditch attempt to look good. Agree it’s time for a new CEO. It’s easier to execute a mass layoff to make the balance sheet look good than come up with a strategy that can work in the long term. I thought the Board was smarter than this. We lost some of the BEST execs in the last 18 months because of her. They are now VPs transforming other companies because they were tired of her inability to make a decision.
EV's have no market resale value. Never has.
A used Chevy EV can now get 0% for 72 months.
Has a used vehicle ever had a 0% interest offer before?
EV future is looking promising for GM.
I feel like GM and EVs is like Kramer trying to get rid of the muffin bottoms in an episode of Seinfeld.
The Chevy Bolt EV is right now selling at 50% off MSRP.
Has there ever been a vehicle discounted like that?
GM charts show gaps all the way back down to $17. Tick, tock, tick, tock.
Take that as you may, but when the market goes, the tide will wash away and reveal all. MB won't be a thought when GM hits that price, as they'll have her replacement in line.
Rinse, repeat. New clown in charge.
But, but, I thought they said inflation/hyper inflation. Let's lift that veil shall we?
PR stunt all the way! MTB is on life support as CEO and will hang on by HOOK OR CROOK. The hook is not there so she has tried the CROOK. GM will go bankrupt by 2030.
I think CA and MA are 100% electric by 2035. Maybe this isn't so far fetched. To be honest, while I like electric, I'll still go ICE until they figure out charging. EV's would k–l the long distance road trip. If you're going to blow $30k+ on a vehicle it should be able to make interstate trips a few times a year. Every year I drive out to Vermon from Michigan - in one day. No way I could pull that off with an EV. On the other hand if big government compells us to buy EV that's another story and remains to be seen.
Yep - nothing more than a PR stunt imo by Mary Barra to try and pump the share prices while riding the EV popularity. By 2035 she won’t be at GM so it doesn’t matter to her in the long term. Might be trying to get additional fed funding for EVs too.