https://www.cnbc.com/2025/10/29/gm-layoffs-michigan-ohio.html
@15w
short term profits
long term extinction
@14w MB left profit on the table by not canning Reuss. An X'er with boomer sensibility trying to out-trend, his products are missing a generational gift to GM. Following age groups further from family GM fondness, are having reality sink in, or are growing up to be tighter with their dollars.
It was the same with Jack Welch at GE.
He destroyed that company, but business leaders thought he was a genius.
He popularized stack ranking and annual layoffs to "improve employee quality"
@14w
The company made record profits from her ruthlessness.
I believe she will be celebrated in business schools for decades.
I'm not kidding either.
Clearly other then hanging on big profit suvs trucks and v8s this company has no vision. Always short term greed.
At least MB made yet another fortune inflating shares and then selling
You led the way Mary
@r2
Tesla has modules that are integrated.
Ours are big and separate.
You should see the mess that comprises the sdv modules and wiring.
So yes, much of this (the mess) is a GM issue but the level of sophistication of a Tesla is still more intense than most ICE vehicles.
I still don't know why we just don't copy the Tesla like BYD does.
Instead we have dinosaurs from powertrain (yes they are over the EV powertrains) with their silos and boomer thinking.
My Tesla has a front trunk. Somehow they were able to use less space for a drive train.
https://www.tesla.com/ownersmanual/models/en_us/GUID-356E0168-47E5-400F-AD83-4F1B86C7D991.html
So maybe that's a GM problem instead of an industry problem.
@q8
The motor itself has fewer moving parts but literally everything around it takes up much more space, has more modules, HVAC, and weight and has wiring everywhere.
There's a huge reason the entire drive unit compartment is covered by a giant piece of plastic. They don't want you looking at the mess!
You can argue all you want but engineers and designers work with this stuff day in and day out and know better. Get an education before you open your mouth.
https://www.alphamotorinc.com/about/ev-vs-ice-fewer-moving-parts-less-maintenance#:~:text=Electric%20vehicles%20(EVs)%20have%20fewer%20moving%20parts,Injectors%20*%20Filters%20*%20Gears%20*%20Clutches
@jp
Wrong. Do you work on EVs at GM? I have been for many years. They are many times more complicated than ICE vehicles.
The electrical system is extremely complex with many modules, wiring harnesses, etc. that ICE cars do not have.
Please stop with this nonsense.
An EV is simpler to build than ICE and has fewer parts, so it should be cheaper. Except the battery pack is really expensive. I don't know why a battery costs so much. But that's why we can't get the cost down.
https://finance.yahoo.com/news/china-evs-now-cheaper-gas-083400354.html
@hj
I was against buying GM stock and now I'm wishing I did.
I suspect they are doing well...
Are the shareholder’s ok ?
Years ago, leadership showed all the doubting employees charts of the exponential EV sales growth just around the corner and that we just needed to believe in this unbelievable mission and press on when it was obvious nobody wanted to buy these electronic clap traps. Condescending pep talks of Zero Zero Zero that a nine year old would roll their eyes at.
Did they show those same sales forecast charts to investors and shareholders back then? What do they have to say about it now? “Sorry we got some things wrong, but gotta go cash our bonus checks - we’ll circle back and catch up about this later…”
Pray for all the people losing their jobs so that a handful of narcissistic a--holes could try to prove to the world they knew anything about their customers or the products they actually wanted to buy.
They never got the costs down for EVs like Chinese companies did, so when they lost subsidies they lost sales. GM's EVs had a 14k price premium over equivalent ICE vehicles.
Management's business plans depended on the government covering for their failures.
Somehow they missed citing stupidity in the management team... "Slowdown?" how do you slow down something that never got going?