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After a Botched EV Push, General Motors
Is in Deep Trouble

Original Article

Posted By: zephyrgirl, 3/12/2023 10:18:27 PM

General Motors vowed to surpass Tesla as the number one EV maker in the U.S., and its plans look rock solid on paper. In reality, the carmaker is struggling to produce the GMC Hummer EV and Cadillac Lyriq, its Ultium-based EVs, in significant numbers. To make matters worse, GM has announced a voluntary separation program to trim its workforce. I once believed that GM had everything needed for a successful EV program. The Detroit carmaker invested billions in overhauling its factories and building new ones.

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Reply 1 - Posted by: bamboozle 3/12/2023 10:22:19 PM (No. 1423660)
Go woke....go broke
47 people like this.

Reply 2 - Posted by: Nashman 3/12/2023 10:25:19 PM (No. 1423665)
That’s ok. Just have Oprah buy a bunch of the stock. Then the Feds will have to bail them out.
25 people like this.

Reply 3 - Posted by: itsonlyme 3/12/2023 10:38:29 PM (No. 1423672)
And the electorate sheep, Baa Baa, say they said it would happen....Baa Baa
17 people like this.

Reply 4 - Posted by: Venturer 3/12/2023 10:41:23 PM (No. 1423676)
Just plain stupid. Electric cars will never become dominant over fossil fueled vehicles. There isn't enough Afghanistan and Chinese dirt around to produce the number of batteries needed.
47 people like this.

Reply 5 - Posted by: jalo1951 3/12/2023 10:47:44 PM (No. 1423682)
If you build them we still will not come.
62 people like this.

Reply 6 - Posted by: DVC 3/12/2023 10:54:10 PM (No. 1423686)
EV s are a certain loser. Very few people want to buy one.
39 people like this.

Reply 7 - Posted by: Ida Lou Pino 3/12/2023 11:06:04 PM (No. 1423694)
They missed their opportunity - - when they rejected gerbil power. Really dumb. Gerbils are hard workers - - and they'll never unionize. They should have asked me.
19 people like this.

Reply 8 - Posted by: stablemoney 3/12/2023 11:12:48 PM (No. 1423697)
This is a bust, and was destined to be a bust from the start.
33 people like this.

Reply 9 - Posted by: Northcross 3/12/2023 11:16:01 PM (No. 1423698)
Watch for the US taxpayer to have to bail out General Motors... again.
45 people like this.

Reply 10 - Posted by: WV.Hillbilly 3/12/2023 11:22:10 PM (No. 1423703)
Japan will once again eat the lunch of American car makers. You can no longer buy a sedan or coupe made by an US manufacturer. Not everyone wants an SUV or crossover or a truck. Japan will sell them all day long while the Big 3 whine and go bankrupt. Again.
31 people like this.

Reply 11 - Posted by: DVC 3/12/2023 11:36:03 PM (No. 1423707)
Re #10/. The REASON you can no longer buy a sedan or coupe from a US manufacturer is that they are unwilling to pay the high government taxes on "cars" which are levied because the "cars" don't meet the MANDATORY fuel economy standards. But "trucks" (which are not cars) have a different set of fuel economy all the "cars" are "SUVs" which are legally counted as "trucks" so they can bypass the mandatory GOVERNMENT fuel economy standards which are required for "cars". The Japanese car makers are, I guess, willing to pay the penalties and still sell cars. I'd have a new Accord by now if Honda would make one without a turbo. I want a normally aspirated (non-turbo) Accord with a manual transmission.....and Honda makes NO vehicles, as far as I can tell, without the turbo engines. IMO, a turbo is a factory installed, guaranteed engine failure. A new turbo, last time I checked, cost a bit over $1,000 laying on the dealer's parts counter. A LOT to have it installed WHEN (not if) it fails. So.....I may be driving my current Accord for a very long time.
19 people like this.

Reply 12 - Posted by: Zeek Wolfe 3/12/2023 11:41:43 PM (No. 1423711)
Electric cars are a woke dead end. Humanity will never exhaust the world's petroleum reserves. The negative consequences for auto electrification will prove to be vast and eternal with the mining of rare earths for batteries and their ultimate disposal. The so-called carbon footprint caused by the manufacture of electric automobiles together with the huge energy demands to build gargantuan windmills exceeds the now-mythical advantages over a world powered by natural gas, fossil fuel coal, and un-fossil fuel petroleum. Dead dinosaurs are not the source of oil. Companies like GM, Ford, and others are now led by woke fools. After the recession, do not buy their stock if executives continue with this phony woke/electric religion.
37 people like this.

Reply 13 - Posted by: Catherine 3/13/2023 12:00:17 AM (No. 1423716)
You are so right #12. We have hundreds of years worth of oil in the country and I don't know how much gas. We wouldn't run out for generations to come. Electric cars are not feasible for normal people. Who has 8 hours to wait for them to recharge. Who pays for the recharge electricity. Who pays for new batteries at the price of thousands of dollars. What if you run out in the middle of nowhere - how would you refuel. They will never work.
32 people like this.

Reply 14 - Posted by: SALady 3/13/2023 12:05:59 AM (No. 1423718)
Except for limousine lie-berals in the big lie-beral cities, nobody wants these glorified golf carts!!! For the rest of us, they are impractical, expensive, and useless. My husband and I are retired and love to go on really long road trips to national parks and other beautiful places this republic has to offer. Last year, we drove from Texas to Washington state for a wedding, spent a few days going to Olympic National Park, and went to Arches National Park on the way home. It took us 4 days of driving all day to get to Washington. If we had done that in an EV, it would have taken probably 2 days with all the long layovers to charge it. No thank you!!!!! EV's are a "solution" to a "problem" that simply does not exist. The technology to make EV's feasible for the use of real people (who actually drive other places than just around a single city) is years away. I know as long as the Demon-Rats have power, they will try to force them down our throats. That may be what finally pushes us to Civil War 2 (quiet conservative counties -- 95% of the country -- versus the 5% of nasty big cities with idiotic lie-beral governments)!!!!!!
31 people like this.

Reply 15 - Posted by: SALady 3/13/2023 12:08:15 AM (No. 1423719)
In #13, of course I meant: It took us 4 days of driving all day to get to Washington. If we had done that in an EV, it would have taken probably 2 WEEKS with all the long layovers to charge it. No thank you!!!!!
23 people like this.

Reply 16 - Posted by: LadyHen 3/13/2023 12:29:19 AM (No. 1423726)
Coal powered cars are more expensive to buy and maintain than oil powered cars. And that doesn't even touch on the fact that our out of date power grid is taxed to it's limit in many states as it is right now. Add in even 50k coal powered cars per large metro area and the blackouts will be everyday events.
21 people like this.

Reply 17 - Posted by: Dodge Boy 3/13/2023 12:49:58 AM (No. 1423731)
Yes, GM. Diss your customers and guess what? No more company or partidy. See how easy jt is.
18 people like this.

Reply 18 - Posted by: pilot222 3/13/2023 1:20:14 AM (No. 1423741)
This is what happens when estrogen runs a car company built for testerone
37 people like this.

Reply 19 - Posted by: Trigger2 3/13/2023 2:55:31 AM (No. 1423754)
Isn't GM owned by China now?
9 people like this.

Reply 20 - Posted by: Strike3 3/13/2023 3:27:22 AM (No. 1423765)
I am not a Business/Marketing Consultant nor do I play one on TV but I called this one years ago. Who in Hades wants a Hummer that goes for two hours and then spends twenty hours on the charger? Oh, don't try to drive it through deep water or you and your family will become a Roman candle. It hasn't been announced yet but Ford is in similar dire straits. #19 says it very well.
20 people like this.

Reply 21 - Posted by: EJKrausJr 3/13/2023 3:41:29 AM (No. 1423767)
Is another Taxpayer bailout awaiting GM? With Joey Baby Hoover, who knows? Let Mary Barra stew in her own pot. She made the bouillabaisse from a recipe of horrors. Would Elon buy GM? Does Elon want that pile of EV Shite?
15 people like this.

Reply 22 - Posted by: 901AtTheRiver 3/13/2023 6:26:46 AM (No. 1423793)
I can pull up to a fuel dock with my diesel pickup, fill the tank, pee and pay for it and be back on the road inside 10 minutes. Now I have about 1.2 mWh of energy to go down the road some 700 miles, heat the vehicle and keep the lights on. I also know that along my 700 mile trip there will be at least a dozen fuel dispensing locations where I can top off the tank inside 10 minutes. Charging the average EV battery takes hours instead of a few minutes.
17 people like this.

Reply 23 - Posted by: janjan 3/13/2023 6:43:47 AM (No. 1423800)
In a country of over 300 million people GM supposedly has 80,000 on a waiting list for an EV that few can afford.
11 people like this.

Reply 24 - Posted by: WhamDBambam 3/13/2023 6:49:39 AM (No. 1423807)
Gee, who coulda seen this coming? Next up, government bailout!
13 people like this.

Reply 25 - Posted by: Bur Oak 3/13/2023 8:01:26 AM (No. 1423823)
I have a great GM vehicle. Of course it was made 20 years ago.
11 people like this.

Reply 26 - Posted by: Old Army Vet 3/13/2023 8:20:50 AM (No. 1423834)
At this time ev's are crap. They don't recharge fast enough and are too adversely affected by the weather. Not gonna happen folks.
12 people like this.

Reply 27 - Posted by: mobyclik 3/13/2023 8:54:55 AM (No. 1423857)
As usual, GM listens to the leftwing blowhards in DC as opposed to those that actually count: Future customers. Go Woke Go Broke.
15 people like this.

Reply 28 - Posted by: EVRgreen4058 3/13/2023 9:01:39 AM (No. 1423865)
Hmmm planning to get another taxpayer funded bailout ? It wouldn't surprise me one bit!
6 people like this.

Reply 29 - Posted by: joew9 3/13/2023 9:11:36 AM (No. 1423872)
The EV fad is fading. It's an impractical car. 5 years from now it's over.
5 people like this.

Reply 30 - Posted by: joew9 3/13/2023 9:16:20 AM (No. 1423881)
#11. I have 2010 Honda CR-V. Not replacing it with new version because of turbo. Considering RAV4 instead. Turbos are for race cars.
3 people like this.

Reply 31 - Posted by: lftrn97 3/13/2023 9:16:55 AM (No. 1423883)
So my truck has a thing called a battery that with the press of a by button spins an electric motor that creates the wheel rotation to drive me forward. I've owned an EV for years.
0 people like this.

Reply 32 - Posted by: LC Chihuahua 3/13/2023 9:21:52 AM (No. 1423889)
A complex expensive unpopular technology introduced during a weak economy. Not a good way to start. The EV market may have already peaked. The government pushes EVs by making conventional transportation more expensive making them even more unpopular. Always thought I would purchase a car when I moved to Florida. I have not. The Lady Chihuahua and I have one car for both of us, and that works. Saves money too, which is wise during this weak economy.
4 people like this.

Reply 33 - Posted by: felixcat 3/13/2023 9:22:19 AM (No. 1423891)
For all the reasons posted her, one more reason not to buy an EV, especially a Cadillac are their obnoxious commercials.
2 people like this.

Reply 34 - Posted by: Hazymac 3/13/2023 9:47:30 AM (No. 1423924)
Here's a prediction: EVs are going to go away because they're not practical, and are way too dangerous. In the not too distant future, if Elon Musk wants to keep Tesla as a healthy business, he's going to have to produce gasoline or diesel powered cars. The electric vehicles are just glorified golf carts. They have to go away. They're not what humanity needs. White elephant.
7 people like this.

Reply 35 - Posted by: formerNYer 3/13/2023 9:49:39 AM (No. 1423930)
GM still never paid back the 'loans' from obamamamamamama unless you considered that they paid in back in worthless stock. The once #1 auto company is now #(who knows), I wouldn't but a GM product if you paid me.
2 people like this.

Reply 36 - Posted by: cor-vet 3/13/2023 10:06:56 AM (No. 1423941)
The best cars and trucks are the pre-computer controlled classics. Most run on corn free petroleum and you don't need a masters degree to keep them running.
5 people like this.

Reply 37 - Posted by: NorthernDog 3/13/2023 10:19:38 AM (No. 1423947)
I'm guessing EVs would work for 15 - 20% of all vehicles. Democrats have set hard deadlines for 50% of all vehicles to be EV just 7 years from now, and nearly 100% by 2035. They will choke on their mandates.
4 people like this.

Reply 38 - Posted by: red1066 3/13/2023 10:29:12 AM (No. 1423955)
It never ceases to amaze me when multinational corporations start spending billions to expand operations into an area of questionable products simply because a new administration takes office. It's as if those in charge think another election isn't going to happen and a complete reversal in thinking isn't going to take place.
3 people like this.

Reply 39 - Posted by: Strike3 3/13/2023 11:04:24 AM (No. 1423996)
CEO Mary Barra thinks that all of her problems will be solved when the battery supply shortage is mitigated. She obviously hasn't thought ahead to the next major hurdle like where is all of the recharging power going to come from when our electric grid is decades old and the USeless government hasn't even begun to address that problem. California has frequent brownouts now, just wait until the blackouts are measured in days instead of hours.
3 people like this.

Reply 40 - Posted by: enemyofthestate 3/13/2023 10:31:13 PM (No. 1424362)
Ha, ha, ha, ha and ha.
0 people like this.

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