Car prices keep rising rising rising. Cost reductions don't do anything except create chaos. Has any car company really cut the price of a vehicle in your life time? Any cost savings is just absorbed in more bonus money for those who remain. It's like the income tax in this country. Only a few within GM will only enjoy and reap the rewards of these layoffs. Make em pay by raising the income tax rate for those clowns who want to be paid more.
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GM is a tech company now. You don’t have to know anything about cars.
You sound bitter. You must be a joy to have around. Also, you sound like you know nothing about cars.
Cars are easily more reliable, last a lot longer, and don't rust like when I was a kid. Per year costs are much much cheaper than in the past when you adjust for inflation, you can keep a car 20+ years without batting an eye
Cost cutting is applied to profit and cash flow to help boost the stock price. Vehicle prices are set to what the market will bear.