Thread regarding General Motors layoffs

No one said they were smart, just cheap.

This is how intelligent and creative the CCP auto engineers are:

22 Chinese Copycat Cars We Wouldn't Touch With A Ten-Foot Pole
From sports cars to SUVs, there's a weird Chinese copycat for almost every popular model out there.
https://www.hotcars.com/22-chinese-copycat-cars-we-wouldnt-touch/

Why buy a Hummer when you can buy a Dongfeng Hanma instead?
"Name the best patent GM has." LMAO

@3mhl+1q7MlWti

50. L

US Steel, a big well known legacy US company like GM, is being sold to Nippon Steel, which is a similar situation.

Let's see if the Feds stop it.

Why do you keep defending GM as some kind of unique and wonderful prize?

It's just a company. All companies have employees, assets, etc. Nothing special.

Companies get bought all the time.

That's capitalism.

@3bru+1q7MlWti
This is getting pathetic. Don't you have something better to do with your time than lick the boots of the CCP?

Name the best patent GM has.

The best technology that no other car company has.

@3xfr+1q7MlWti
“That's what the CCP would really be buying.”
Yeah, that’s never, ever going to happen.
PS No secret sauce? Gm has thousands of patents.

@3jmn+1q7MlWti
Free market? There’s no free market. It’s full of regulations and restrictions.

GM doesn't have any secret sauce, some special technology, that all the other car companies don't also have.

All GM has is a name that older Midwesterners seem to trust.

That's what the CCP would really be buying. A trusted name to sell their product under.

Some people say that's just the free market.

@1nyk+1q7MlWti
You are missing the point entirely.
The American government will never allow the CCP to own GM, a company so directly important to a significant geographic part of the U.S. That’s why they will always get bailed out. It’s only happened once but it will happen again.
If the CCP owned GM, they would shut down operations, move all of the machinery, designs, historic cars, etc to mainland China as a trophy of victory and export cheap cars to flood the US market.
This is obvious to most us.

GM currently sells cars made in China. Most people don't know where their cars are made, China, US, or Mexico.

How is it different if it's the same car made in the same Chinese factory, but sold by a company headed by Shen Yang instead of Mary?

Most people don't know who owns what company.

I see infomercials all the time for products made by Packard Bell.

That company went out of business decades ago, but obviously someone bought the name because it's familiar to older Americans.

And someone bought the Bed Bath and Beyond name even though they're out of business, too.

China is in far worse shape economically than most people know.
The current power structure will not allow China to buy GM, especially when UAW jobs are at stake.
Beyond that, what consumer wants a CCP car with a GM logo?

It won't be a bailout by the US government. Those days are over.

China will buy GM at a fire sale price, and use the familiar GM nameplates and brands to sell Chinese-made imported EVs to Americans.

Current GM factories will be shut down, because China only needs the brand and they have their own factories already.

Mary unBARRAble dream of another ca$h for clunkers federal program..too bad they have no vehicles consumers can afford.

It will be bailouts.

GM on a path to disaster under Mary Barra