GM to slash jobs and production

[twocoach]

Remember all those American jobs that would be saved by Trump's steel tariffs?

https://www.reuters.com/article/us-gm-r ... SKCN1NV1NB

"The company has said tariffs on imported steel, imposed earlier this year by the Trump administration, have cost it $1 billion".

[dolomite]

Remember all those American jobs that would be saved by Trump's steel tariffs?

https://www.reuters.com/article/us-gm-r ... SKCN1NV1NB

"The company has said tariffs on imported steel, imposed earlier this year by the Trump administration, have cost it $1 billion".

Why so gleeful?

[DrPepper]

Read the article. The plants closing are making gas-powered sedans. People want the more comfortable SUVS or more versitle luxury trucks. The company is also retooling for more autonomous and/or electric vehicles as that is the direction vehichle transportation is headed.
People who work for companies building expensive things for the masses, should realize their jobs have as much longevity as the whims of humans. Those products are big and complicated and therefore slow to adapt. In case you haven’t noticed, things are changing more rapidly then ever.
Autonomous vehicles are already on the road in the US. In other countries, cities are being designed for purely ride sharing rather than car ownership.

[DrPepper]

I’m in the market for a car (public transportation won’t cut it where I live). I am struggling with spending so much money for something so over engineered. I rarely need to go over 40 mph. 80% of the time, I am the only one in a car built for 4. Like 1% of the energy is used to actually move ME from one place to another. ~98% of the time my car is sitting idle doing nothing. I pay for insurance, a garage, a driveway, fuel, upkeep. My garage is as big as my master bedroom. IMO, Over engineered cars are a huge waste and American’s love affair with cars is stupid. I can’t speak for other countries because I am not familiar enough to comment on them.

[twocoach]

Remember all those American jobs that would be saved by Trump's steel tariffs?

https://www.reuters.com/article/us-gm-r ... SKCN1NV1NB

"The company has said tariffs on imported steel, imposed earlier this year by the Trump administration, have cost it $1 billion".

Why so gleeful?

The glee only exists in how you read it. Nothing about my post even hints about me being pleased with the situation.

[twocoach]

Read the article. The plants closing are making gas-powered sedans. People want the more comfortable SUVS or more versitle luxury trucks. The company is also retooling for more autonomous and/or electric vehicles as that is the direction vehichle transportation is headed.
People who work for companies building expensive things for the masses, should realize their jobs have as much longevity as the whims of humans. Those products are big and complicated and therefore slow to adapt. In case you haven’t noticed, things are changing more rapidly then ever.
Autonomous vehicles are already on the road in the US. In other countries, cities are being designed for purely ride sharing rather than car ownership.

I did read the article. Thats why I shared it. They are canning all of these people and shifting resources to different types of vehicles. There is no mention of these workers being imvolved in those changes at all.

Again, Trump sold people a bill of goods and despite the warnings of how wrong he was, some people believd him. Now the impacts of those bad decisions are in part putting some of those Rust Belt workers who put him into office out of work.

Plants that were building models of cars that the public is moving away from were already doomed for an inevitable demise. Implementing the steel and aluminum tariffs just killed them a lot faster.

[Deleted User 62]

Tariffs are hitting my industry....hard.

[TDub]

And mine

[dolomite]

Read the article. The plants closing are making gas-powered sedans. People want the more comfortable SUVS or more versitle luxury trucks. The company is also retooling for more autonomous and/or electric vehicles as that is the direction vehichle transportation is headed.
People who work for companies building expensive things for the masses, should realize their jobs have as much longevity as the whims of humans. Those products are big and complicated and therefore slow to adapt. In case you haven’t noticed, things are changing more rapidly then ever.
Autonomous vehicles are already on the road in the US. In other countries, cities are being designed for purely ride sharing rather than car ownership.

I did read the article. Thats why I shared it. They are canning all of these people and shifting resources to different types of vehicles. There is no mention of these workers being imvolved in those changes at all.

Again, Trump sold people a bill of goods and despite the warnings of how wrong he was, some people believd him. Now the impacts of those bad decisions are in part putting some of those Rust Belt workers who put him into office out of work.

Plants that were building models of cars that the public is moving away from were already doomed for an inevitable demise. Implementing the steel and aluminum tariffs just killed them a lot faster.

According to Larry Kudlow some workers will be transferred to other plants, e.g.Texas.

[Deleted User 89]

"some"

many thousands will be out of work, just in time for the holidays

[DCHawk1]

And this is all because the President bailed them out and insisted that they make cars nobody wanted?

Damn shame.

[DrPepper]

I heard an Ohio senator on NPR today blaming the republican tax cuts. He said they made the ‘tax’ on producing cars outside of the US half as much as in the US.

[DCHawk1]

I heard an Ohio senator on NPR today blaming the republican tax cuts. He said they made the ‘tax’ on producing cars outside of the US half as much as in the US.

If it was Rob Portman, you'd have a story. I'm guessing, though, that it was Sherrod Brown, which is to say that this is his shtick, regardless of any actual corroboration.

[Deleted User 75]

And this is all because the President bailed them out and insisted that they make cars nobody wanted?

Damn shame.

It's like people are purposely ignoring the fact the company is no longer making the model of vehicle that the plants produced. Tariffs have nothing to do with the fact people don't want to drive sedans as much anymore.

[DCHawk1]

Those cars -- especially the wildly popular Volt -- are fuel efficient. Therefore they should be made, regardless of selfish Americans' desire to eat meat at every meal.

Or something.

[Geezer]

Your boy Trump will save them DC.

[DCHawk1]

I doubt it.

But then, it really doesn't have anything to do with him.

O'course, you know that.

You just can't help yourself, though.

Is my rent check late?

[Deleted User 89]

buying trends definitely have nothing to do with drumpf

profitability, on the other hand...

[twocoach]

And this is all because the President bailed them out and insisted that they make cars nobody wanted?

Damn shame.

It's like people are purposely ignoring the fact the company is no longer making the model of vehicle that the plants produced. Tariffs have nothing to do with the fact people don't want to drive sedans as much anymore.

Nothing to do with? Um, wut? You can continue to build cars that are less popular if you arent paying an additional $1 billion for the same materials. This isnt complicated.

[Deleted User 75]

And this is all because the President bailed them out and insisted that they make cars nobody wanted?

Damn shame.

It's like people are purposely ignoring the fact the company is no longer making the model of vehicle that the plants produced. Tariffs have nothing to do with the fact people don't want to drive sedans as much anymore.

Nothing to do with? Um, wut? You can continue to build cars that are less popular if you arent paying an additional $1 billion for the same materials. This isnt complicated.

Why would a company continue to lose money on something that they can identify has a significantly lower demand than it did 10 years ago?

Aren't most types of cars being produced today trending towards using aluminum rather than steel? Mostly due to lighter weight that improves fuel economy...but aluminum is more expensive than steel and that's why full sized SUVs price has jumped over the past decade +.


You're acting like this plant closed solely due to trump imposed tariffs, and it's not. Like they're literally telling you that's not the sole reason.