Thread regarding General Motors layoffs

The definition of insanity is doing the same thing again and again and expecting a different result.

@azb+1uC4IuDH

Yep - they seem to be going nearly all in on expensive trucks and SUVs just like their pre bankruptcy years. Hopefully this time turns out differently when the next downturn comes.

GM would rather sell 100k SUVs and trucks than cheap sedans.

GM has no products for middle class people anymore, let alone young drivers.

The Malibu is a really sharp car and a huge shame to end one of GM's most reliable and affordable cars. An unsung offering that everyone takes for granted. I look at it like America's Corolla.
They perfected the sedan (38mpg, sharp looking, great features, low cost point) and just like that...in the dustbin of history.

From the business angle, big moves like this come after exhaustive marketing studies. I wonder what 'voice of customer' data says about EVs. I hope they know what they are doing. I have no confidence that they do though. They seem to make one huge mistake after another. The biggest tell will be the price-point. A loaded Malibu was $28k. Will they sell the Bolt EV at/below this price point? Will they lose tens of thousands on each car like they have with every other EV?

There's another way to look at this. The future of the big three electric vehicle rides on the success of this launch. This should be the 'small and affordable electric car with a high range' that everyone that is curious about an EV has been asking for. If it fails, I believe we will be driving hybrids into the future. I also wonder how smart this move is given that all data shows that we are headed into something worse than the great recession. But that's another conversation.

Shoulda kept making the Malibu imo. According to a quick google search they sold about 130k last year. How many of these Bolts you think they’ll make a year? A tenth of that?