Where Are The GM Electric Vehicles?
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Back in November 2017, GM CEO Mary Barra announced that the automaker would introduce two new electric vehicles within the next 18 months. Both would be crossovers based on the automaker’s existing electric vehicle architecture – known as the BEV2 platform – introduced by the Bolt EV. One of these would be destined for the Chinese market, while the other would be bound for North America.
Chevrolet Bolt EV
Yet, here we are, 18 months and 14 days since that presentation, and the GM electric vehicle portfolio has yet to expand, with the Bolt EV being the only electric car available in the lineup. Granted, we’ve seen test mules of the upcoming Chevrolet Bolt EUV crossover, which we expect to arrive by the end of the year… but that would put it roughly 25 months out, far from the “within 18 months” timeframe initially announced by Barra. Interestingly, GM has not made any announcements or comments stating that the upcoming EVs have been delayed or are otherwise behind schedule.
A prototype of what’s believed to be the Chevrolet Bolt EUV in May 2019. The Bolt EUV is believed to be one of the promised future GM electric models announced by GM CEO Mary Barra.
Since Barra’s announcement, Tesla has released the Model 3 and announced the Model Y, Hyundai launched the Kona Electric, Kia introduced the Soul and Niro EV brothers, and Nissan updated the Leaf with a Plus variant. Let’s not forget notable entries in the luxury car market as well, notably from Jaguar and its i-Pace, Audi with the e-tron and Mercedes-Benz with the EQC.
To GM’s credit, the company has been undergoing major restructuring recently, both within its organization and the product lineup. But the fact of the matter is, within only three years, GM went from being a leader in electric cars to being an also-ran. That’s not a great place to be for an automaker that’s staking its future on electric vehicles, to the point of discontinuing several traditional vehicles. But that’s not at all to say that all is doom and gloom.
In the aforementioned announcement, Barra also outlined plans for an all-new electric vehicle architecture (to succeed the BEV2 platform) as well as a new battery system, which would spawn at least nine separate electric vehicles. The first of the models is to arrive by 2021. Barra also claimed that GM will aim to reduce its lithium-ion battery costs from $145 per kilowatt hour to under $100 by the 2021 model-year target. This new EV architecture would also help slash costs by 30 percent, all while promising improved range.
Here’s to hoping GM’s new EV architecture will allow The General to become the undisputed leader in the electric car race.
Subscribe to GM Authority for more Bolt EUV news, Bolt news, Chevrolet news, and ongoing GM news coverage.
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GM and talking again.
Most of the talk to appease the stock holder.
A new Cadillac every six months, it will be an onslaught, a letdown with lackluster low power products or a new grill and headlights on a Chevrolet as a new product !!
The new truck, Ha, interior letdown, Chevrolet frontend letdown, option clusters letdown !!
Electric vehicle letdown, a box with wheels trying to compete with Tesla, Audi and others !!
Even the existing product on the road today, letdown, transmission lawsuit, headlight lawsuit, broken wheels, burning block heaters, burning seats, no known fixes, just up in the air with the CUSTOMERS money !!
Honoring their warranties seems to be a letdown !!!
Lying , rude, disrespectful CUSTOMER service reps. letdown !!
CUSTOMER EXPERIENCE LETDOWN !!!!!
So here’s to the new GM anything becoming the undisputed leader in anything !!!
Wouldn’t that be great !!
Something other than a less than average bland, blah, letdown !!
But I hear the upside is GM sure is making the profit on that transaction price of a lesser number of vehicles, for the short term, great !!!
Market has hit a wall, sales numbers have hit a wall, self driving tech has hit a wall, China deal has hit a wall.
Whoopeeeee !!!!
one EV company spews out all sorts of undelivered promises and sci-fi fairy tales and no one says boo.
but 14 days late with gm, and some start looking for the panic button. give me a break.
It’s more than just 14 days. The Bolt EUV is at least 6 months from introduction, likely to launch a year from now when all is said and done. So it’s more like 12 months late.
Tesla? Let’s not judge GM on the same scale as Tesla. One actually makes a profit. The other makes vapor ware. Hold GM to a higher standard.
Tesla is currently making a profit? They are currently riding their stocks as a means of profit
No, Tesla does not and will not made a profit. And probably never will.
Tesla had a profit for two straight QT’s and then lost money last QT (Mostly Due to a Bond Payment that was almost a Billion Dollars and European Deliveries) but is allegedly on track to make profit again this QT. Model 3 is the Third highest selling car in California right now this Quarter. Musk is stating that they might break their Delivery Record this Quarter. We shall see.
All this with just one CUV that most people cannot even afford and two sedans that the rest of the Auto Makers are either having issues with selling them or discontinuing them altogether.
Tesla just purchased a California Battery Company for 300 Milion Dollars two weeks ago. They are building a Huge Gigafactory in Shanghai so I think Tesla will be alright. It is GM that I worry about. Tesla has already snatched the so called Apple Title of the Auto Industry. I just hope and pray that GM will become the Google of the Legacy auto Makers. Fingers Crossed.
even musk isn’t saying they will be profitable in q2.
i love how people try to conflate apple and amazon with tesla. it is like a shot of vodka in the kool-aid.
Steve is GM profitable today ??
Remember GM is closing plants, laying off workers, firing workers, selling stuff, cutting vehicle lines ALL to keep showing a profit !!
Now the reductions in vehicle prices to keep them moving , the ones that are already built and the couldn’t sell for the asking price.
You know sold to the dealer network to show that GM is selling vehicles !!
Have you traveled the country lately ?? There are an awful lot of GM vehicles sitting around at dealers getting old with no drivers.
Maybe GM can sell more to the center of the US dealers so they can get destroyed by the weather and an insurance company, ( or again US tax payer ) can pay for them when they get destroyed.
Soon GM will be owed so much money by the same American tax payer there will be no one left to pay, and without China, look out.
I sure hope it works out as planned, as GM always says !!
You sounds like you have an anti-GM agenda, always bit%^ng and moaning.
GM IS PROFITABLE TODAY.
Highly so.
That pretty much kills your entire argument you anti-GM moron with zero facts, but a big mouth. Go play in the sand box and let the big boys talk.
Hear that everyone Rob says GM is profitable so that makes it true !!
Good to hear.
That sure takes a load off my mind, thanks Rob for clearing that up by saying so, Ha !
I’m curious, is that profitable before all the cost cutting ?
Please fill me in on the details !
Or did you just read the GM report by GM saying GM is profitable.
Is that kind of like the Boeing report saying the Boeing 737 Max was safe before the two crashes. Asking for a friend.
Just like I said everything going as planned !!
I love all the big boy talk, personal attacks, professionalism at it best.
Just another GM customer service rep ?
Go play with your big boy friends , wish you all success !
I agree Lifelong, it makes a big difference if you are making profits by production of goods and services, or by big boy (girl?) financial manipulation or perhaps liquidating a once great corporation.
Again I have driven GM for 39 years.
I am NOT anti GM.
I AM for a BETTER GM !!!
A more CUSTOMER FOCUSED GM !!!
I am for a GM that stands behind their product !!
I am for a GM with long term goals.
I am for a GM that sticks with a plan for more than 6 months.
I am for a GM that makes great, market leading vehicles.
Go GM !!!!
But they will sell every vehicle they make! They have customers who love; the vehicle, the idea, the technology, the massive reduction in pollution, and they like the company founder. And I’d make you a small wager that the P&L sheet will show a plus in the next 3-5 years. And if you’d take the entire Elton Musk business portfolio, I’d suggest you’d see a profit. Wonder what GM’s profits look like with strictly automotive business? Understanding what the customer wants and who they are is much harder today than anytime in the past 100 years.
w/o the tax incentives, the training wheels come off and we’ll see what demand really looks like.
tesla is N+2. whatever year it is, it will two more years before the profits start rolling in.
Let’s see; One CEO takes advantage of government incentives and becomes arguably the industry leader of multiple entirely new product segments, the other CEO (a SJW) inherits one of the world’s great corporations, bailed out of financial bankruptcy by government funds and shareholder losses, begins to supposedly produce paper profits by a stealth liquidation which jettisons market share and productive employees while promising pie in the sky future products and services that have yet to be profitable or even produced on schedule.
Yet one CEO is accused of making vapor ware; to question the other is misogyny?
“one of the world’s great corporations, bailed out of financial bankruptcy by government funds”
…….. you might want to reconsider that statement.
Why/what part? That GM was once one of the world’s great corporations or that they were bailed out of bankruptcy? I believe both statements are, to some extent, arguably true.
would a great corporation go bankrupt in the first place?
It might if its corporate leadership heirs became enamored of making “easy money” in the financial sector rather than the messy product manufacturing sector that gave it birth.
What are you talking about?
Tesla is an American Auto Maker that yes received some money from the Bailout that GM and Chrysler received but a very small amount.
If you want to talk about Government handouts that would be Big oil.
Per IMF, the Oil Industry received $649 Billion in Government Tax Subsidies last year. That is per the IMF and not a Liberal or conservative backed agency.
Just for some reference, it costs us the Tax payers another $600 Billion to run the whole Pentagon. The whoooooooole Pentagon. Everything that revolves around it. Everything!!!
So by all means please enlighten us on just how much Government assistance Elon Musk has received for his Tesla Brand. Last time I checked both Republicans and Democrats receive a boat load of cash from Big Oil. Am I missing something about what your comment is supposed to mean?
I apologize if I misread it but it sounds like you believe Tesla was blindly assisted and got huge handouts from the American government that is pretty much Pro Big Oil.
how dare you besmirch the sacrifice men and women have made serving the military.
and you say this on memorial day no less.
have you no shame?
Steve,
This is the one thought that ALWAYS eludes me !
I will get so, so many down votes it is funny !!
But would there be ONE, war – soldier – tank – ship – men ( and woman) sacrifice if it wasn’t for the AMERICAN TAX PAYER !!!!
WHO do we OWE our FREEDOM TO !!!! ???
One MAN – WOMAN – ?
How come we the TAX PAYER never get thanked ?
You think death is the ultimate sacrifice !! is it ?? EVERYONE DIES !!!!
Does everyone living in AMERICA pay TAXES for their so called FREEDOM ?
Men and women in AMERICA today are working EVERY DAY, and NIGHT 24 hours a day 365 days a year there entire lives to pay for YOUR FREEDOM, MY FREEDOM !!
So WHO do we truly OWE our FREEDOM to ???
Sacrifice is ALL AROUND US in this FREE COUNTRY we live in today.
Until you and all the US citizens relies that every person working and doing something to pay US TAXES is to thank for our FREEDOM the USA will continue to just go down hill for the mass population, the tax payer, the worker the doer, the ones getting stuff done, including the soldier.
in all seriousness, i don’t think you can compare taxpayers to military personnel who put their lives at risk and all deaths are not equivalent.
taxes are just the cost of being part of a society.
and obviously all wars are not about protecting our freedom.
the vietnam war was a tragic mistake. the lies to the american people to keep that war going was a bigger threat to our freedom than the viet cong.
i wish they would bring back the draft so if we decide to go to war, everyone sacrifices more than just paying taxes.
I agree, the same could be said about the never ending middle east wars. And bringing back the draft for both men AND women is an excellent idea. Perhaps not everyone will have equal sacrifice, but everyone will potentially have “skin in the game”.
I always love the ” in all seriousness, and its like this ” !!
As if one persons opinion on an internet site means anything.
WHY !!!!
That’s your opinion !!
We have a volunteer military, RIGHT. Is there a LAW that makes you sacrifice your life ??
However taxes, there IS a LAW that mandates you pay taxes ( except those who shall not be named).
AS far as draft, if EVERY AMERICAN was forced by LAW to sacrifice like taxes , I would agree with you it would be great and should be done. However ALL, and I mean ALL should be involved (like those same people who shall not be mentioned.
As far as the reasons for war, whatever you want to believe !!
But again I see no difference in death in a voluntary military, or a voluntary police, or a voluntary firefighter, or a voluntary forest fire fighter, or a voluntary construction worker, or ANYONE who looses their life doing there job.
As far as the draft if you were forced to go to war and lost your life, in my opinion it IS different. Still not any larger sacrifice than FORCED to pay TAXES or any other LAW in this country.
Remember that is why the USA even exists.
Our NON American fore fathers fled FORCED LAWS !!!!
And those same people created a government that created the LAW of the draft and the LAW of tax, both were part of the reason they fled the country they were from !!
So you see a difference and I do not, both American opinions.
I am the 8th generation American, my ancestors and family have and are fighting in the military all the way back to the civil war, and pay taxes.
you mean 100 likes don’t give me a happy meal at McD’s????
my day is ruined.
Steve,
Just one more thing about death !
It is funny to me you saying all death is not equal or equivalent.
You or they are DEAD, DEAD not alive DEAD.
There is NO difference in DEAD, you are a human being on the earth and then you are DEAD not a human being on the earth.
DEAD all the same to me DEAD is DEAD.
You see a difference in the reason for the death NOT the death.
Again you think your reason is somehow more relevant than mine.
Two opinions!!!
Steve, Where did I besmirch any men and women who sacrifice in the Military?
Are you out of your mind? Don’t ever try to accuse me of something so hateful just to try and make a point. I stated facts not opinions. If you cannot state facts to prove what I said is wrong then please don’t try to push a made up agenda on me. Thank you.
I simply stated a fact on just how much money in Governmental Tax Subsidies Big Oil receives per year. And it is simply more than the entire budget of the Pentagon for some perspective as I stated. And I do hope you realize that the Pentagon is more than just the branches of our Military.
Good. Change the subject. “Big oil”, which is a figment of your imagination by the way, is irrelevant to this discussion.
RedCar, how is Big Oil Tax Subsidies not relevant when someone above stated Tesla is getting Funds by our Government which isn’t true.
You think all the Politicians (Both Sides) that get backed by Big Oil are pushing Hard for Tesla to succeed? Just wondering.
You think Big Media isn’t funded by Big Oil as well? I think you completely underestimate what Elon Musk and the rest of the Legacy Automakers are up against in Washington trying to get the EV infrastructure up to the levels of Europe and freaking Communist China. It is borderline embarrassing that our Government worries about their pockets and not assisting our American Auto Companies be able to succeed in the Future. Whether you or I like EV’s does matter. China and Europe have already spoken on the issue years ago and GM needs China badly so the decision was made for them.
They are also getting subsidized from the government just to stay in business.
Sorry don’t know why this popped up here supposed to go up by the Tesla comments. Sorry!
So, let’s compare GM with an automotive company, originating from Germany which name starts with V. The set the timing and they keep it, currently launching serial production of relatively affordable EV while GM with much longer EV market presence, recently kills Volt and reduce Bolt volumes, multiplying promises
Very True. It is VW that I have repeatedly stated on this site worries me the most. I think they will grab the so called Google Second spot in this new “Cars are Technology” as Tesla in consumers mind has already solidified their Apple position.
But to give GM a little slack, The EU has been pushing their Auto Makers hard into the EV Sphere. We all know what our Government has not been.
I really do fear GM will not be able to catch up. I think the EV’s will be late to the party but man I hope I am so wrong. GM cannot die or so many jobs will be lost. It will be devastating for the Country.
Holding GM to a higher standard than Tesla is not a very high standard if you are talking about making money. If you are talking about delivering the goods the comparison is somewhat more apt. Things are not very rosy in GM land. It’s all about the product.
RedCar, I really think the Standard for GM should be to just be be faster. They just do not lead anymore and they wait far too long to see if Trends will become just a Fad or stick. By that time it is already late. I want GM to lead. A small American Car Company shouldn’t be 8/10 years ahead of huge GM in the Technology field. That is my point.
GM needs a visionary CEO. Bara is pretty good at the Day to Day operations but pushes zero envelopes. Plays it way too safe in my opinion.
I don’t know if I would give her that much credit. Yes, she produces some sort of immediate short term profits, but seemingly at the long term viability of the company. I think she is too focused on her own personal and political/social goals and neither understands nor really cares about the value that a corporation such as GM has to the long term success and survival of the USA as a nation.
Who cares we dont need any dam electric vehicles
Yes!!!!! They aren’t even cars, there like toys or something! Stick to good ole internal combustion!
Well Europe and China cares so in essence every single Auto Maker does.
Legacy Auto Makers cannot afford to have R&D for both ICE and EV’s so the ICE will fortunately or unfortunately (Depending on your view) die off later down the road. It will be a long time until that happens though. Legacy Auto Makers have no choice. If they allow new start up companies like Tesla and whomever else pops up like a Rivian spend all of their R&D on EV’s while they have to split their budget, guess who dies off first?
Good news is I think Legacy Auto Makers will keep their performance engines around for a while. They just won’t be able to push too much tech into them. ICE cars will probably become a Sport of some sort. Where we go to tracks and have some serious fun.
Nobody spins more fairytales than a certain Mr Musk. Delivers years late on all promises, yet Tesla is the darling of everyone. It’s amazing how brainwashed people can be.
Right but Tesla makes cars that people actually want. GM makes, well, the Bolt. Not exactly an eye catcher. The new prototype doesn’t look very appealing either.
Tesla produces cars that are rated most unreliable (Model X) , have multile lawsuits against Autopilot, which Consumerreports recently slammed as unacceptable, have cars that cost a fortune to repair and take months to doso, have company reps who refuse to honor warranties (windshiled cracks – $1500),
etc produced a Model3 car that was two years late and still hasn’t arrived as promised – fewer accessories,higher prie. Insurance rates are higher than any other vehicles.
Just a little FYI for everyone. From the very first Autopilot software launch, there has been 4 deaths while utilizing it. For easy numbers, autopilot from Day one to now (remember how many updates Autopilot has received already) is almost 5 times safer than Regular drivers. They didn’t do a study for just the latest version. I can hear arguments about if you like or dislike Autonomous but to say Tesla is unsafe is ridiculous.
Just think of this little tidbit….
Tesla Autopilot has already logged over 8 Billion Miles. The second highest Autonomous company in miles driven is Googles Waymo which has done a whopping 10 Million miles. I’ll place my Future Autonomous bet with Tesla thank you very much. It is almost comical how much ahead Tesla is to every single Auto Maker. It is almost scary to think about as GM fans.
the autopilot decapitation numbers are off the roof!!!!!
Name me one Fairy-tale he has promised that has not been done?
So other Auto Makers don’t push back programs for a multitude of reasons. Two quick examples are the recent Vette and these two upcoming EV’s from GM. Push-backs happen all the time that doesn’t translate to not coming through. It is called engineering. Things arise that you were not expecting but Tesla has delivered every single time so far. Not stating Tesla is perfect but they come through on their promise much more than GM has lately. Best example of that is the recent 1500 Launch. They under delivered by miles and now Ram is eating our lunch basically. That is what happens when you don’t Go All IN and only care to save money.
The Model S is almost 8 Year sold right now, please let me know a better EV on the market from another Legacy Auto Maker, I’ll wait.
Tesla is 10 years ahead of the Legacy Auto Makers in the Tech Department. Just look up to see what an ex Nvidia Computer chip engineer just stated about where Tesla is compared to everyone else.
yeah you are right. everything musk has said has been delivered on time and under budget.
too bad wall street can’t take this much winning so they are punishing the stock.
Did I ever state time?
Does GM deliver on time? Just wondering.
Where are the EVs? In Machete Mary’s dreams.
As a trivia, the biggest EV retailer in the U.S. was none of the car producers. It was Radio Shack! Year after year they sold hundred of thousands of electric RC vehicles, especially during the Christmas season. We need a new “Radio Shack” approach!
Haha
Radio Shack was great. Always got my GM remote control batteries there. Now it is Auto Zone.
I’m sure the reason of restructuring, which you buried deep into the article is probably the culprit…but why not just call out Mary for lying and hurting your feelings so people can comment and air their misogynistic grievances about her?
Why are you sure restructuring is probably the culprit? Restructuring was one of the main products of the bankruptcy/bailout. Will it work better this time? Will it produce better products? GM sounds like the public school system. Pump in more money, start more programs, let them languish, reorganize, start more programs, and so on with no change (or deterioration) in the product. The magic product remains, it appears, out in the future (and maybe it really isn’t magic anyway) while the current product, on which depends the wherewithal to build the magic product, languishes. It’s a race to produce the doubtfully magic future product before the company goes belly up – again – because it can’t compete currently. And that is why there is restructuring. To camouflage all this and kick the can down the road. But trends aren’t positive. It is still all about the product.
Yep. Had a Volt, great car. Then got an ELR, loved that even more than the Volt. Nothing on the horizon so am now I have plans to get myself a Tesla.
how many people are at the GM dealer with check in hand demanding a EV ?? how many of the 50 states have teslas in any numbers on the roads ? GM and ford sell more PU every year than tesla has sold altogether
Last year I went to a Chevrolet/Cadillac dealer and had to practically beg him to sell me a Volt. They couldn’t even give me a sales brochure until I twisted their arms and they found a package of them, unopened. in a storeroom. So yes, due to GM’s atrociously poor marketing of the Volt, you did have to go to the GM dealer and demand that they sell you one!
I have taken several cross country trips in my Volt, with ZERO range anxiety, and I have found more Teslas on the open road than Volts. Strange considering the range anxiety the Teslas must feel given the lack so far of adequate recharging infrastructure in much of the country.
i guarantee you nobody is begging a dealer to sell them a $37500 volt in 2019.
After they have been discontinued? Probably not, but much to my surprise, according to 2019Q1 sales figures, they are still selling! Could be existing older Volt owners replacing theirs while they still can? Might show how much they really love the car! I wonder if GM even factored in future Gen1 replacement market when deciding to discontinue?
You could be at the dealer with a cash in hand and they couldn’t sell you one because they don’t want to do the setup to service one. This is more common than you might think. Dealer resistance for a number of reasons.
Washington – Oregon – California, and I believe Connecticut are where you find the preponderance of Tesla’s. Every time I get on I-5, I see one or more auto transports heading north with a load of Tesla’s. In Portland, Seattle, San Francisco, they are part of daily life, no big deal unless you want one and can’t afford one.
Friends have moved from their German premium cars into Tesla’s, though, one just bought the new Jaguar i-Pace. She is grinning from diamond ear ring to diamond ear ring.
Many of those EV buyers are seriously considering adding substantial solar power to their homes, one has a system scheduled for installation with a Tesla storage unit. The early adopters will drag the rest of us along. Eventually, and Tesla led the charge.
You make a good point; being a Volt owner, I too get the feeling that dealers really have not bought in on service support of the Volt or the Cadillac ELR.
You also make a good point about Tesla being a west coast phenomenon, where substantial charging infrastructure is in place. I (In upstate SC) have a friend who bought a new Tesla and found they could not comfortably go to Charleston SC due to range anxiety and took their ICE car instead. So Tesla and anyone else (GM?) who wants to sell electric vehicles in the heartland has their infrastructure work cut out for them. (Of course the problem is nonexistent for EREV (Volt and Honda Clarity PHEV?) models.)
No mention here of the fact that Chevy beat Honda at Indy – proof that when money is freed up, GM has very good engineers. As a gen 1 Volt owner I am enjoying a product that Lutz told the bean counters where they could stick their audits and cost controls. But sadly, everything coming out (or not) from GM has me considering shopping elsewhere.
The hell with electric vehicles
even in Europe where gasoline is $7 to $8 a gallon EVs sales are slim and over there you drive 200/300 miles you are in another country.
Look nobody is stating that EV’s will overtake ICE tomorrow but they will soon enough. We all just want GM to be able to lead and not be grasping for sales when the shift happens. As far as the Gasoline prices in Europe, most is b/c they have a true Gas Tax. Have you ever seen the Autobahn? That surface is like glass. They pave it constantly. Also they have more crowded cities and have Pollution issues (why they are pushing hard for EV’s) and they hike the price of Gasoline so you can use Public Transportation more. On a complete side note the Public Trans systems there are for the most part amazing.
Driven in Europe lately?
Actually yes I have.
Don’t care what all the fuss is about with waiting for GM to announce the next electric. I have 2 Bolts, no gas, no oil, no maintenance, no exhaust pipes, no muffler, catalytic converter, and no hassles.
The people that complain are usually the ones that don’t own an electric vehicle because they need to “wait” for the next big thing. They probably also still own flip phones because they are waiting for just the right phone!
Try driving an EV rather than complaining about time tables!
Yes, I love my Volt that my husband, who still uses a flip phone, led me to. I agree with that wonderful “driving electric” feel that you have in your Bolt and that I have in my Volt, except I have zero range anxiety on road trips.
As far as muffler maintenance goes, I still have the original exhaust in my 15 year old Buick Terraza. I hope the Volt does as well.
True, I might have to change the oil in my Volt ICE once a year but that is a small price to pay for the peace of mind I get knowing that I can always get home even if my battery is discharged.
It was a statement to appease investors. Mother Mary has gotten the cart in front of the horse.
Profit, Hummmmmmmm !
Lets see.
Is it profit over manufacturing cost ?
Is it profit over ALL costs ?
Overinflated salaries of people seemingly doing little to win over CUSTOMERS, is this a cost payed by profits ?
Anyway if you all want to talk tesla OK lets talk.
I see Tesla as a NEW auto company.
Not a 100 + year old auto company that has gone bankrupt!!!!
Does Tesla get a bankruptcy ??
Does Tesla get a taxpayer do over ??
Just one, one do over to not pay for their debt ??
And 100 + years !!!
Does Tesla get 100 + years to get it right ??
Does Tesla get taxpayer government contracts as just more taxpayer money ??
You see, Tesla is a tech company, NOT an OLD ICE auto company !!
Does anyone here remember Apple when they started ??
Apple went nowhere without Steve at the helm, he was fired, down it went, rehires up it went, just like Musk and Tesla !!
Its a DREAM, forward thinking DREAM !!
Its like the first automobile, indoor plumbing, Geothermal heat, solar energy, rubber tires, a wheel, FIRE !!!
You get it !!!
If Tesla were to not be eliminated it would be the first and only US auto company to survive other than the big 3.
And big 3, what does that mean today?
FCA is owned by a foreign family !
Who are the shareholders of GM ? Other than the top 3 execs. investment groups ?
Who does all this so called profit go to ?? CUSTOMERS, NO — new great products for CUSTOMERS, NO,—- WARRANTY for CUSTOMERS, NO —– CUSTOMER EXPERIENCE, NO !!!!
So who are you people on this site and others standing up for the GM profit that does NOTHING for the CUSTOMER ??
Are you CUSTOMERS ??
Are you employees of the GM PR team ?
Are you stockholders ?
Because I am a CUSTOMER and I often get sick of hearing how much profit GM makes from ME, how much the top at GM make, and then cant fix my block heater in a $70,000 truck, or my rear end leaks in my $50.000 Cadillac sedan, cant get a transmission to shift, and on and on !!!
GM, always an excuse and someone to blame !!
GM, borrow more money to loan to CUSTOMERS to sell GM product !!
How is this a good thing ?
Does Tesla have their own finance company ?
Can you finance a Tesla by Tesla loan ? with money Tesla borrowed from a bank, oil company, government, China ?
GM will sell you a GM vehicle if financed by GM with money GM borrowed. How is this success ? GM doesn’t have the money !!!!
GM would be broke already again if it wasn’t for China !!! We will see how that turns out !!!
Fake non existent money moving around to make people think they are better than others.
People need to be real, live in the real world !!
You cant say Tesla is terrible and in the same breath say we are as good as Tesla !!
Tesla changed this, Tesla made electric work !!
Sure people will say, ” that’s not true, GM had electric way before Tesla” OK sure, but if GM just patents and trademarks everything in the world just to say GM was the first, but does NOTHING with it, IT MEANS NOTHING !!!
After all Nikola Tesla was the doer of the day, the thinker, but the banks, big money, and big companies were known for ALL HIS thinking, not him !!!
I love the EV vehicles with all that comes with it. BUT it will not and can not happen fore years, especially in the US with OLD lawmakers invested in all the OLD money and NONE of them understand TECH !!!!!
Like I said Whooopeeeeeee !!!!!
damn!!!!!
that extra hour of sleep today is doing wonders.
What extra hour of sleep would that be ?
Still got up and got my stuff done as every day of my life.
I suppose you are one of the 9 to 5 – 5 day a week workers.
But some of us enjoy doing what some call work !!!
Others are always a slave to what they want to call work.
actually i’m not a 9-5er.
i’m a “got enough to not give a damn”er.
Whatever happened to the concept of noblesse oblige? At least to show some respect for the working middle class?
Steve,
YEP, same here but will never quit, love the challenge to much.
Fore someone who is a not give a damn’er, you seem to be putting a lot of effort forth.
Love it. We all aspire to reach that level.
Keep living it up and enjoy. That is what life should be.
I would not get too worked up on this.
We are not just talking about a new model here but a totally new platform and new technology that is still emerging.
EV models are not just another car but a totally new take on the car and delays and major changes should be expected along the way with new developments.
Just as the new wiring system in the new Corvette caused a delay this is the same deal to the x10 degree.
Let’s face it if GM is late few will notice. But if GM puts the EV out before it is market worthy it could be a massive failure for GM and its future.
Just as the Olds Diesel Burt GM for decades on the Diesel cars a failure to get the EV products right could finish GM all together.
Sit back and have a cool beverage and let them get it right and not expect a rushedmodel to the market for instant failure.
Let’s face it Tesla has to force things out as the are needing the product income to pay for the next. GM is doing fine with what they have and hold the luxury to time things right for once.
I agree that putting out a bad product early is worse than putting out a good one late. But what, besides pickups (still third rated), is GM going to sell in the meantime? Non-existent EVs? Mediocre vehicles with big discounts (didn’t we see that tried a few years ago before old GM became new GM?)? Profit depends on selling vehicles and selling vehicles depends on the product. And where are the competitive products? And what if the late arriving products are not competitive with those already out there anyway? It is still all about the product and the market is eating GM’s lunch.
Very well put. GM needs to Dominate once again and not just do what the Shareholders tell them to do. When GM was the unquestioned leader the money just flowed.
Another demonstration that the job of being General Motors CEO might simply be too big and complex for Mary Barra, look at the misfires at Cadillac especially when they spend a ton of money to develop their Blackwing V8 saying they don’t want to borrow Chevrolet’s LT4 yet the company doesn’t really want to make the Blackwing available in too many Cadillac vehicles which is insane; now with the rest of the industry moving towards electrification, General Motors discontinues their only hybrid and is still stuck with the Bolt. GM’s Board of Directors need to accept their grand experiment in making Mary Barra the company CEO is becoming a big joke.
GM saw what happened to tesla sale when the $7500 tax credit when away. tesla sale fell off the cliff. gm can not afford to build cars that don’t sell and the ones that do sell they lose money. if every person that is worried about global warming would just run out a buy a EV that would be a start. most of the people that are pushing EVs don’t even own or drive a car. they want other people who need a car to bear the cost. if you don’t drive or own a car you should shut off your electric power and your heat to do your share because they also cause global warming
My electricity is produced by solar which in turn runs my geothermal heat.
So it IS possible !!
Just need perseverance and focus !!!!
Cost is just the changing of US laws. The money is already being spent just in other industries.
most people can not afford to put a 20+K heating system in their homes. also you still use natural gas or electricity as a fuel for your heating system. if you are so sold on your solar system are you completely disconnect from the electrical grid ??
I use the electricity produced by solar to run the geo for heat.
And no I am not disconnected from the grid, as I over produce, I sell back to the power company !
Fell off a cliff?
Where do you get your facts?
Sales and Profit is not the same. Are you assuming the sales fell off b/c Tesla didn’t make a profit last Quarter? Or are you basing it off the completely skewed reporting that stated Tesla sales were down last Quarter in America? Because the reason for that is they sent most of their vehicles to Europe and China last Quarter to try and keep up with demand. There are multiple reasons for the Non profit first Quarter.
The Model 3 is the number three best selling car in California NOT EV, just car.
Tesla will probably deliver the most cars this Quarter than it ever has before. Tesla unlike GM is basically on Fire.
Just imagine when the Shanghai factory opens.
Also people do not simply go out and purchase a Tesla for the simple minded idea that they are helping in Global warming, they go out in droves because they want to purchase the best, Have you ever even driven one?
When my GM lease is up, I will be getting a Model 3. GM has absolutely nothing to compete with it. That is not the consumers fault but GM’s only.
tesla just lowered the price of their top priced cars $2000 to $4000 because the sales fell when the $7500 tax credit went away. I would guess that is also the reason GM put the brakes on EV production.
The bottom line is this: Barra’s GM is all about smoke, mirrors, and impression management. If Wall Street says to cut jobs and close plants, Barra does it. If the greenies want EVs. Barra promises it. If the techies want autonomous vehicles even though the general public does not, Barra wastes billions on them.
It is asinine for any automaker at this state to assert an “all electric” or an “all ECE” future. Barra has done just that. It is reminiscent of GM’s assertion in the late 1970s that Diesel engines would be the way of the future, or when GM believed that a an all transverse- FWD lineup was the future in the early to mid 1980s. We need not be reminded how that turned out. The automakers that will survive going forward will be those that deliver what the customer wants- period!
You realize going full EV is not a GM specific announcement correct?
Pretty much every single Auto Maker has stated it. This is why all of the confusion around EV’s is comical to most people. We have no choice. It is happening. You can blame Barra if you like but it has absolutely nothing to do with her. What does have to do with her is how badly she is dragging her feet so ta say in the EV field. Wonder if that has anything to do with GM’s cash cows that she has zero plans for. She and the Board are for sure extremely nervous about the upcoming future. That is what they get for not seeing into the future but simply living in the now and or past for shareholders profits. GM is waaaaaaay behind VW as of right now. It is very said and I hope to never see GM begging to be saved again but at this rate who knows what will happen to be honest. How an EV for Cadillac can still be three years away is borderline insane to say the least.
It will be interesting to see how GM reacts if Gas prices ever skyrocket in the next couple of years. Analysts are predicting it as less will be used around the World in the next 3/5 years.
A week ago, we purchased a 2017 Chevy Volt LT that just came off lease with 30,000 miles. My wife loves the car. The price was around $18,000 and I’m sure canceling further production of the Volt had a lot to do with it. It’s a great car! Bought it from the local Cadillac dealer who was delighted to sell it to us. Always found it interesting that there seemed to be any promotion of this vehicle in any form of media. I agree with those who state that those manufacturers who deliver what the customer wants will survive. I wonder if the customer wants a Bolt? I don’t know the answer to that.
Having grown up in the Golden age of American Automotive history I remember a far different GM. Once the largest, richest Corporation in the world. The truth is they deserved to be there. Their vehicles were arguably the best for the buck with body and interior designs that were superior in craftsmanship and durability and powertrains second to none. The heady days of the Motoramas, the birth of the Corvette, the small block Chevrolet. Sales of GM in the sixties went through the roof. Ralph Nader kicked off the downfall of GM with his book “Unsafe At Any Speed” targeting the Corvair’s swing arm suspension, (when VW was using the same thing in the VW Beetle. This opened the door to corporate bashing and the media jumped on the bandwagon, just like today’s political scene. As the biggest, GM got hit hardest, with things like fake pickup truck explosions by NBC News (fake news sound familiar?). Poor management had a lot to do with GM’s fall, as bean counters replaced engineers as top execs. Then the selloff began, Detroit Diesel, Allison etc. and the cute little acquisition Direct TV. I miss the Old GM but that’s ancient history. Obama changed GM for the worse. The future lies with good management as it always has. I don’t think GM is in very good hands right now. It’s going to take a lot more than a few electric cars to fix the problem