Do they get a tour of the White House, or GM headquarters?
22 replies (most recent on top)
Well that opens up a lot of illegal and unethical choices.
Maybe create a meme coin.
$GM is familiar.
Whoever buys the most crypto gets dinner with the SLT.
GM is not in the business of making automobiles. They’re in the business of making money. Whatever it takes
By “culture”, presumably you mean that the front line employees shall simply grin and bear it while they are held accountable for years of poor business decisions made by leadership.
A genuine high performance organization isn’t created via guillotines in the town square (a.k.a. forced ranking). It starts with leadership publicly admitting they made portfolio mistakes and denying themselves winfall bonuses until things turn around.
@z5+1jt1bjvcg
I didn't say layoffs never happen.
The fact remains that you are invested in failure by living in fear.
GM doesn't need or want people like you. The CAP performance metrics will weed you out. You don't fit in with our culture.
The cartoon answer to everything is: Layoffs never happen. Just work hard and ignore everything around you
Enjoy living in ignorant bliss
The cartoon answer to everything is: Layoffs.
Enjoy living in fear.
That sounds like layoffs will pay for it
So if the company is going to lose 5 billion and it won't come from the customers or suppliers, who will pay for it?
Mary said that GM will incur $5 billion in higher costs and that they won't be passed on to the customer. Part of that $5 billion is the cost of supplier parts. If anything, the suppliers will maintain the same level of profitability. Mary knows that if she crushes her suppliers, she also crushes business partners and stakeholders. GM can take the hit but the suppliers can't. So she will make sure they don't. Let's tone down that negativity.
GM Announces…tariffs will shave 4-5B. that BILLION of its bottom line this year. Wait till we hear from its suppliers.
Don't worry, Elon Moskue fixed it with his tariffs and salutes.
Too many newbies looking at the minor details that they can't see the grand picture. Can't see beyond their own nose. You actually think GM is the one and only one on this path? Oh no grasshopper, this is going to blow up just like Covid policies manifested to EVERY corporation in unison, and in record time. ONLY, in reverse. They're all coming down folks. You don't have to believe it, just keep your 401ks on their same path. You WILL feel the result. Don't say you weren't warned. I like when time proves all things correct.
Current price $47. Gap back down to $35, $33, and $28. These will be filled. DYODD. Or not. When we see you at this price, we can talk about the next points lower.
Not investment advice. Please, by all means keep buying the dip.
Reduced net income. MB hesitant now on guidance and recalling 1M vehicles is a fact not doom and these variables will potentially correlate to LAYOFFS which is the context of the board. Waaaaaahhh lol
Lots of soyjack doomers here. Billions in profits is never a bad thing. Get your heads out of your as--s.
Doom! Doom! Doom!
Entitled babies complaining.
And to those still complaining about tariffs... No auto parts tariffs! Keep up.
Hmmmm. Higher warranty costs and lower sales of lucrative trucks/suvs.
Well this is a shocker that they can’t sell as many bs overpriced trucks and the ones they did now are exploding. I’d be pizzd if I paid 100k for a Denali and the engine took a dump at 20k
MB is going to wait for DJT. what a “leader”
Share price is back in toilet where it started despite MBs 10B buyback. I’m sure she sold her shares end of last year.
Engines blowing up with minimal miles and the direction is chg the oil specification. “You led the way at Mary
I think the OP meant NET INCOME. Either way not good
GM's net income slid 6.6% to $2.8 billion in the first quarter of 2025, a decrease driven in part by higher warranty and labor costs, and a lower sales mix of lucrative trucks and SUVs.7 hours ago
https://www.wsj.com
GM Pulls Profit Guidance, Citing 'Significant' Tariff Impact - WSJ
Wait til the tariffs really bite
Now for the truth:
GM releases 2025 first-quarter results and reschedules conference call to Thursday, May 1
DETROIT – General Motors (NYSE: GM) today reported first-quarter 2025 revenue of $44.0 billion, net income
attributable to stockholders of $2.8 billion, and EBIT-adjusted of $3.5 billion
https://investor.gm.com/static-files/78278d1e-0f28-46cd-8fe2-5438fc43d374
It’s an acknowledged manufacturing defect yet GMs fix. Change to a higher viscosity (thicker oil), change the oil fill cap and swap so stickers on current inventory. What a joke! Mickey Mouse Motors MMM
L87 recall official. Stop sale. Triple OUCH