RSchneider
Elio Addict
Read the SEC filings from the last 5 years. GM is selling lots of assets and business. If you think the US is bad, come here to Europe. They are all about gone. Same for South America. They are praying that China will work but the 800lb Gorilla (VAG) is going to kill them. GM is a shell of themselves when it comes to their global operations as Toyota and VAG get bigger. Ford is treading water. I predict GM will be forced into a partnership with another brand soon. If not it’ll be a US/Canada brand only.Jumping in at the end but I still think GM hasn't learned. I see SUVs on the road but I don't think that consumers suddenly hate cars. They have just grown tired of GM trying to tell us what we want instead of asking. I also think GM closing plants in the US is less about learning and thinning the herd and more about trying to get cheap labor in other countries. I'm usually not in favor of tariffs but GM and Tesla need giant tariffs to encourage them to come back home. I don't want to get into talks about unions and such. All that can be worked out and GM execs who make millions to lose money garner no sympathy from me. Let them all take paycuts just start at the top.
Plus, the Cruze was a failed Daewoo that they purchased the design from. We all know how much we loved Daewoos. It’s this type of stuff GM does that will kill the company.