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Youtube: GM CEO Just SHUT DOWN EV Production! HUGE NEWS!
Youtube ^ | 11/23 | Auto Edge

Posted on 11/17/2023 1:56:19 AM PST by spirited irish

General Motors (GM) faces an unprecedented EV crisis as CEO Mary Barra unexpectedly halts EV production and scraps most electric plans. This abrupt move has reverberated across the automotive landscape. The primary reason? A significant lack of demand. Dealerships are overwhelmed with nearly 92,000 unsold EVs, posing a daunting challenge.

(Excerpt) Read more at youtube.com ...


TOPICS:
KEYWORDS: evflop; evs; fakenews; generalmotors; gm
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To: spirited irish

My wife’s uncle bought a Lucid EV. He paid $169,000.

I recently read every EV built by Lucid is built at a loss of $237,000.

Nothing can be commercially successful unless there is consumer demand sufficient to make something profitable to build.

This EV madness is coming to an end.

It was never about saving the planet. It was always about achieving absolute government control over our lives. The electric vehicle is a trap to destroy personal freedom. It always was. Limited range and central control over the ability to recharge puts people in a cage to limit their movement.


61 posted on 11/17/2023 4:43:54 AM PST by Gnome1949
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To: FLT-bird
I on the other hand, love self checkout and use it every time.

I like it too. There was a trend toward removing self-checkouts in a number of stores in my area back around 2018. The self-checkouts were replaced by a number of express lanes, few of which were ever actually staffed. A trip to the supermarket for a jug of milk usually resulted in a half-hour wait in the checkout line, where one was eventually rung up by some surly son of a bitch who resented having to actually work for a living. Within two years the self-checkouts were back.

62 posted on 11/17/2023 4:47:46 AM PST by Mr Ramsbotham ("God is a spirit, and man His means of walking on the earth.")
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To: spirited irish
In addition to cranking out more EV's than the market wants, Detroit has also decided to make and (try to) sell the vehicles they want to make and sell, not what the customers want - smaller and cheaper, and reliable.

Making a $90,000 pickup truck and expecting everybody to want one is similar to the homosexual who makes a homosexual romance movie targeted to homosexual audiences, who then complains that most people don't want to pay money to see a homosexual romance movie.

63 posted on 11/17/2023 4:58:19 AM PST by Bernard (We honor veterans who fought to keep this country from turning into what it now is. --Argus Hamilton)
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To: dennisw

I wonder of she’s ever picked up a wrench.


64 posted on 11/17/2023 4:59:03 AM PST by moovova ("The NEXT election is the most important election of our lifetimes!“ LOL...)
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To: spirited irish

The people who NEEDED an EV to be able to hold their noses up at others already have their EV. The other 98% of the country cannot see any practical value in an EV, versus a gasoline car.


65 posted on 11/17/2023 5:00:35 AM PST by BobL (I eat at McDonald's and shop at Walmart, I just don't tell anyone)
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To: spirited irish

——A significant lack of demand-—

What is presented as lack of demand is actually lack of saleable products. GM has no electric vehicles worth a damn and the public knows it

Teslas are selling


66 posted on 11/17/2023 5:04:20 AM PST by bert ( (KWE. NP. N.C. +12) Joe Biden is a kleptocrat)
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To: spirited irish
Sounds like Mary Barra is about to get a reminder from the Administration about who really owns GM and what her production schedule is going to be.
67 posted on 11/17/2023 5:07:32 AM PST by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Sacajaweau

Ha, ha, ha........ Tesla is the EV business and is thriving

And...... what you wish is irrelevant. The market says differently


68 posted on 11/17/2023 5:07:49 AM PST by bert ( (KWE. NP. N.C. +12) Joe Biden is a kleptocrat)
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To: spirited irish

Maria Barra is a trader to her class! How dare she make forsake the state sanctioned religion for an intelligent business decision!


69 posted on 11/17/2023 5:10:34 AM PST by GWB00 (Barbara Streisand barely made it out of high school.)
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To: spirited irish

I’m staying ahead of the trend. I’ve moved to a “5-minute city” (aka “town”), and if they outlaw gas I’ll go straight to a bicycle (and I’ll still be 5 minutes from everywhere).


70 posted on 11/17/2023 5:13:13 AM PST by The Duke (Why do I think that the cynicism gene is going to be prevalent in future generations?)
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To: Openurmind

Now we still need to get more people to stop acting like obedient lemmings and showing their receipt at the door.

The moment I traded my money for your property, it became my property and you have no right to inspect my property. It’s mine, not yours.


71 posted on 11/17/2023 5:15:54 AM PST by cyclotic (It's a great time to live in America. It's like the collapse of the Roman Empire except with wi-fi)
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To: spirited irish

Most of the people don’t matter

Tesla is selling to enough of the people to be very profitable.

Profits are what matters.

Tesla’s are the best selling cars in Europe. They are immensely profitable


72 posted on 11/17/2023 5:20:14 AM PST by bert ( (KWE. NP. N.C. +12) Joe Biden is a kleptocrat)
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To: spirited irish

Surprised Mary did not recognize that mental lightweights are running the Country, starting with Obozo and Biden.


73 posted on 11/17/2023 5:25:52 AM PST by chopperk
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To: bert

At least Europeans have nuclear plants, which help with EVs.

You’re never going to be able to handle the masses having EVs without nuclear plants.


74 posted on 11/17/2023 5:27:22 AM PST by dfwgator (Endut! Hoch Hech!)
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To: GWB00

Barra is in panic mode. She knows she is in over her head and there is no solution to the GM dilemma


75 posted on 11/17/2023 5:28:26 AM PST by bert ( (KWE. NP. N.C. +12) Joe Biden is a kleptocrat)
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To: dfwgator

Amen

” A little nookie never hurt anybody” circa 1975 bumper sticker


76 posted on 11/17/2023 5:30:58 AM PST by bert ( (KWE. NP. N.C. +12) Joe Biden is a kleptocrat)
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To: spirited irish

Sometimes it’s better to stick with what works.

They never learn.


77 posted on 11/17/2023 5:37:01 AM PST by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: Sacajaweau

I wish Tesla would do what’s right...and give up the EV business.
********
There is a taste for Teslas, but not any of the other insipid offerings. Elon never meant for Tesla to take over; Tesla is intended as a niche car.


78 posted on 11/17/2023 5:40:06 AM PST by yldstrk
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To: spirited irish

I’m hoping the bird and ocean life killing wind turbines will follow suit and be abandoned.
**********
Amen my brother. And nuclear will come back.


79 posted on 11/17/2023 5:41:32 AM PST by yldstrk
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To: All
The article is misleading.

GM hasn’t halted EV production.

They’ve extended the timeline for converting one of their factories to full time EV production.

New electric versions of the Chevrolet Silverado and GMC Sierra that were supposed to be produced at Orion Assembly will be assembled at GM's Factory Zero in Detroit, the company said. Limited production of the Silverado EV is underway, while Sierra is scheduled to begin next year.

80 posted on 11/17/2023 5:51:57 AM PST by Gunslingr3
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