General Motors CEO Mary Barra recently stated that The General could catch up to Tesla in terms of U.S. electric vehicles sales by the 2025 calendar year.
During a recent interview with CNBC, Mary Barra addressed General Motors’ latest EV efforts, indicating that customers will respond positively to the upcoming deluge of new battery-powered vehicles. During the interview, Barra said that customers are “wowed” when they step into the latest GM EVs, adding that the automaker will continue to roll out new models and work towards securing the number-one market share in EVs.
As Mary Barra has stated before, General Motors has plans to launch 30 new EV models globally by the 2025 calendar year. What’s more, the automaker stated in its second-quarter 2021 financial results report that it had committed to achieving the number-one electric vehicle market share in North America, a position currently held by EV rival Tesla.
At the moment, the Tesla Model Y crossover and Tesla Model 3 sedan lead the EV market. According to IHS Markit, Tesla held 79 percent of the EV market in 2020. However, that commanding position is beginning to deteriorate, with the latest predictions indicating that Tesla’s share could drop to 56 percent this year as major automakers, including General Motors, ramp up rival product offerings.
According to LMC Automotive, General Motors is expected to outpace Tesla as the biggest EV seller in the U.S. by mid-decade. GM’s EV revenue is also expected to grow from $10 billion in 2023 to roughly $90 billion annually by 2030 as it launches its latest all-electric models.
Some of GM’s new electric vehicle models include the Cadillac Lyriq crossover, the luxury brand’s very first production EV, as well as the GMC Hummer Pickup and SUV, a reimagining of the legendary off-roader nameplate. General Motors has previously stated that it plans to invest $35 billion into new electric and autonomous vehicle technology between now and 2025.
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Comments
Barra also said GM would get customers from Ford after they decided to stop building sedans. Turns out she built too many, dumped them on rental lots, drove down resale value and told shareholders that sedan sales were up.
The last time I check Honda, Toyota, and Kia/Hyundai sedan sales are down as well. Also, Ford stopped selling sedans before GM. GM at least still has Cadillacs, Spark, and Malibu available for sale.
🤦♂️You basically just proved my point. Why would you invest in building more sedans when that segment is shrinking? If you weren’t so hung up on the brand versus brand thing, you see my comment is about over building not “who” still builds them.
Jesse
Sedans are dying. 2 + 2. is 4, and the earth is the 3rd planet from the sun.
But how is any of that relevant in an electric vehicle discussion?
I don’t put much stock in anything Barra and the board says anymore.
GM is still making a ton of cash in the gasoline world. They only need to prove they can successfully transition into the electric world.
The real pressure is on Tesla. They have a trillion dollar stock price to justify on a company the size of Mazda.
Many Cowboys here keep forgetting GM sells many sedans at profit, just not in America, same with Ford.
@Guestt GM sell only in China, North America and South America. so where exactly?
Peter
GM’s Wuling brand has quickly become Indonesia’s 6th best selling brand. In only 3 years on the market.
Go lick a gooch you troll.
Sure, when your mom’s available….
That was low enough for that type of unnecessary response, I’ll leave it at that..
Wasn’t talking to you learn how to see who replies to who. Also good mom joke that seems to be your thing the mom jokes just wish you could be a little more clever no wonder nobody likes you on here.
GM absolutely has the means to catch Tesla although Tesla has a big pocketbook, GM still has capacity and expertise.
Ya, its possible, but Tesla is not standing still. Where GM has an advantage is the ability to bring different models to market to gain volume, I think Tesla will eventually hit a wall due to lack of choice.
@Donavan
I somewhat agree with you. GM in my opinion can definitely have the upper hand in Brands and more choices for their customers. But Tesla is working on a Hatchback, a Van/Cargo, and some think maybe an even smaller Cybertruck. Tesla has stated they will compete in the main Segments.
Having said that I think GM will sell more cars annually thank Tesla but maybe not for forever. But most likely they will be.
The issue that most still do not understand is the perception aspect. Tesla is Apple in the Industry and all others Makers are now fighting for that Google Spot in the Market. Remember, Apple doesn’t sell the most Smartphones they are just the most coveted by extremely loyal Base. I do not see anyone any time soon dethroning Tesla in that aspect. I as a GM fan just want them to be better than the rest.
Ya, right now Tesla is a big fish in a very small pond. Whether the general public will accept Tesla’s lack of style and features remains to be seen on a broad level. I have a Model Y, and like it for what it is, but it’s by no means a car I aspire to own, and I laugh at the crappy quality often. I think GM has work to do, and for me it’s just hard to believe the same company that makes the Hummer EV, Lyriq, and the C8 Z06 can make the Bolt and think that is a compelling car? I mean it’s compelling on price, but not much else. I understand the cost to make cars, it is no more expensive to make a good looking car than a less good looking car, and GM has good designers, they just failed to execute on the Bolt.
On Apple I disagree with you, in many ways their hardware-software integration is the best, and their fans have reason to be loyal, Apple offers a good experience, and therefore customers do not even look outside for the most part. It’s like GM or Ford truck customers, most don’t even know what the other company offers or care, because they are happy with what they have.
Dear Donavan, I agree with you on the Bolt EV, however, the 2021 Bolt EUV is a much more attractive and compelling electric car. And my test drive in it several months ago was a much better and more comfortable experience compared to my test drive in the 2021 Bolt EV on the same day. It’s only drawback is it’s max charging speed of only 50kW which in today’s world should be around 100kW. However, it’s charging curve is faster than my old 2017 Bolt EV based on YouTube reviews.
Dear Jeff, I agree with you, the revised Bolt is better, but it’s not GM’s best work, and that is frustrating to me as a shareholder. GM needs each one of their upcoming EV’s to be best in class in some ways. The Bolt only sells on price and loyalty to Chevrolet, I do not see kids hanging a picture in their bedroom with the Bolt on it. Z06 yes, Hummer Yes, Bolt no.
Now I will give GM a mulligan on the Bolt and EUV as it was a legacy platform that had limitations. I truly feel EUV is not that bad looking, having seen a few of them recently, it is surprisingly good looking from some angles.
The upcoming Equinox sized EV on the Ultium platform though, there are no excuses, its needs to have 300 miles of range, charge fast (150kW) be descent looking from all angles, have thoughtful storage, be primarily RWD or AWD, and do + or – 4 miles per kWh on efficiency. Then price it under 40K fully equipped with supercruise .
@Donavan
The Tesla Model Y has so many Pre Orders that it is insane. Tesla is predicting by 2023 it will surpass the Toyota Corolla in World Wide annual sales. Lets say they are wrong, just the notion that Tesla thinks they can come close is simply insane. There is waaaaaay more Tesla demand than people can possibly imagine.
My next vehicle will most likely be a 4680 Cell Model Y and I use my Frunk ALL the time and Cadillac decided not to add one on the upcoming Lyriq. Makes Zero sense.
Not sure how anyone can Disagree that Tesla is basically Apple in the Automotive Industry. Makes no sense to think otherwise.
Tesla says lots of things that do not prove to be true. Model Y though is the perfect car for many families, and I like mine. If Hyundai Ioniq 5 was available when I bought I might have made a different decision.
Tesla frunk on 3 and Y suck, the aluminum hood is so flimsy, you have to be super careful with it. I put the charging cord in mine, delicately closed it, and never opened it again.
I cannot call Tesla the Apple of the auto industry when they have less than 1% of the global marketshare, maybe Apple in 2008? But Apple in 2008 had more revenue and higher profit than Tesla does today. Apple has more cash in the bank today than Tesla has had revenue in their existence. Think about that for a second. Imagine if Apple was not spending hundreds of billions of dollars buying shares back how much cash they would have? WOW… Nope that’s not Tesla.
@Donavan
What does Market share have anything to do with Tesla basically holding the Apple position in the Market?
You do realize that Apple does not sell the most correct?
They just have the most loyal so called Superfans that will never and I do mean never even think of buying anything else. Tell me that Tesla doesn’t have that?
That’s the stupidest thing I have ever heard just stop with the fanboy crap for once. No they do not have the means to catch Tesla. Here’s what gm will be remembered for as far as ev go at least with the Chevrolet division fire.
Time will tell, but I think GM has a lot to prove… Tesla on the other hand continues to make unforced errors and give competitors a chance to catch up.
Blah, blah, blah…….
And the deal with Nikola is how they’ll do it!
Oh wait….
gm’s EV’s are too damn expensive, where’s the 30k EV with 400 mile range? Prices have to drop sooner rather then later. Enough of the 100k Hummers and when the SilvERado comes out it’ll cost 80k where as Ford Lightning starts at 43k.
The Lyriq is under $60k and I don’t think GM is going to price the Silverado out of the market. Why do that when they have the Sierra and Hummer EV taken care of the high-end?
Impossible to catch up to Tesla, of course the CEO of GM would say that, the same company who built Bolts that you cant park in your garage or risk a fire and had to recall every one of them.. Look how long it takes them to get updates on the EV the have now..People have been complaining about Bolt fires for over 5 years and nothing was done, as were Volt drives over problems and nothing was done..GM just doesn’t stand behind their products and never will.
You can’t say that on here the nuthuggers will get angry on this website. Nebula and C8.R won’t like you now.
The scale of GM alone will overcome Tesla’s ability to increase the number of models or production of these models in this time frame.
GM will introduce 30 EV models between 23-25 while Tesla still struggles to bring out their truck, Semi and sports car.
Add in that most other mfgs will be introducing a large number of EV product at the same time.
Tesla has thrived as the only viable fish in the small pond but things will be different in the large pond.
Agree with everything you said…. GM though has to get past the Bolt fiasco, and then execute well on every model, no room for mistakes. If GM put as much heart and soul in each EV as they do in the new Z06, Tesla is in serious trouble.
I think Gm has the capabilities to catch up to tesla but that would take a lot of effort, I don’t think Gm ev sales are going to surpass tesla sales considering how popular tesla is. I guess time will tell, nothing is certain at this point I think.
not going to happen, she’s delusional
Considering how popular Tesla is worldwide, I don’t know if gm is ever going to catch up. Time will tell.
Mary did not talk about catching Tesla globally, her statement was they will work until they catch Tesla in the USA. Phil LeBeau was looking for a soundbite, but Mary stuck to the script. I think it’s possible, GM has to beat Tesla to volume production on EV trucks and dominate that segment then work backwards to cars. I see Tesla USA growth coming under pressure near the end of 2022 as competition really starts racing up, and in 2023 I see GM making a big step forward. If Tesla keeps going USA sales GM has tough sledding to catch them, but if they can slow Tesla’s USA growth, that will change the odds dramatically.
@ Donavan
Who cares if GM catches Tesla in US Sales? I want GM to sell more than Tesla around the World.
The Auto Sector is Global and Tesla sells in China and in Europe.
GM like idiots as I stated years ago left Europe because they didn’t want to compete. Now BEV’s are selling like Hotcakes and Tesla is eating VW, Mercedes, and BMW’s lunch over there. They keep grasping at straws to not gibe Tesla the Final Permit to start producing Cars in Berlin because they know once that Floodgate opens it is Good Night.
This may be like the dog catching the car. So you catch Tesla and you have virtually no place to charge cars based on the the power grid, demand and time needed for charging. The ideology of EV’s is all good and fine but the reality of charging does not match the narrative.
Considering all of Tesla’s multitude of production problems that continue to plague the company, I’m very surprised that none of the major auto manufacturers have yet caught up to their market share.
It will be interesting to see how Tesla fares over the next two-three years; their sales numbers may plunge as competitors—who have been in the business of high-production manufacturing for 100 years, and who historically have much fewer quality issues than Tesla currently has—take on a much-more -proportionate market share.
In particular, whichever company is first to bring to market the next big breakthrough in battery technology, which solves the range/charge-time limitations of lithium ion, will own the market. Will it be Tesla? Or will it be any of several conglomerates that are pooling their $$$$$$ and research to fundamentally change the US motoring landscape.
Well Tesla doesn’t burn your house down if you park it in your garage. Tesla doesn’t tell you to not charge your car to 100% and let it drop below 10% Tesla doesn’t issue another recall for floor mats because of acceleration. People aren’t afraid to drive tesla because they know they won’t burn alive inside it.
No, Tesla just does an OTA update to max your charging to 80% and then you need a lawsuit against them.
That’s because those people are alive to actually make a lawsuit with the bolt you burn alive and your family has to do the suing just like when they killed all those people with the ignition switch.
That is absolutely true, Tesla nerfed the range and charging in the Mosel S 85, and they did get sued and lost.
Yeah, Teslas just drive you into parked fire trucks….
You have a chance to survive a wreck but burning alive hmm? Sounds like a for sure way to die.
Lol you are a fool my man. So you say oh Tesla will run into a fire truck blah blah, meanwhile you can’t charge your bolt to 100% you can’t let it drop below a certain percantage you can’t park it in your own garage because it could burn your house down now they recalled it again because of floor mats getting the accelerator stuck. Oh yea I almost forgot they still have no answer for the owners of the bolt. So sure talk about Tesla all you want but anyone who isn’t a fanboy doesn’t wanna burn to death unless you wanna commit suicide.
“Donnie:”
Tesla and GM are hardly the only two entities who are building EVs, you idiot. Good grief; some of the morons posting on this site are absolutely cringe-worthy in their ignorance.
gm hasn’t fixed one Bolt yet. All these new models that will be here in 3-4 years is smoke and mirrors. Mary is on the ropes with the EV dream.
Tesla is building hundreds of thousands of cars. gm? Zero Oh wait it’s in the future, Hah!
Dear Daniel, You make an excellent point. So far GM has manufactured only about 170,000 Bolts in the past 5 years globally. Tesla delivered 201,250 cars in the second quarter of this year alone! Mary Barra promised us 20 new EVs by 2023 back in 2017, now it is 30 by 2025 and she claims GM will overtake Tesla on the number of EVs sold? At this point I’m tired of the smoke and mirrors, Mary Barra. GM, get off your duffs and start producing them! Stop talking and start doing. And please stop advertising the Lyriq on TV when they will not be for sale until January 2023 at the earliest. And only a very limited production of 1500 debut edition Lyriqs will be available in 2022 is what I was told by a very knowledgeable GM representative. Mary Barra, I will believe you when I see many GM EV models on the dealer’s lots actually for sale and GM sells and delivers over 500,000 EVs each quarter in 2025 because that is what Tesla maybe up to by then!
No more EV’s for me. As an early owner of a 2012 Chevy Volt. It had lots of issues. When it came time for a new car, I returned to a Chevy Equinox because it had a gas engine. When you trade in EV you get next to nothing like only 500 dollars for a well kept vehicle.
Problems with Volt included – 1. fluctuations of range in winter intended to get 40mpg range I received 28. 2. When engine switched on the cabin smelled like exhaust. 3. The windows in winter were always fogging, and the defrost setting did little to clear windows and consumed much electrical from battery range. 3. Summer time air conditioning was a problem and really decreased battery range and worked poorly.
4. As far as charging after going through 3 Voltec wall chargers, and the last charger melting completely my wall plug! It came close to catching my garage and house on fire! This was very scary for my family.
Sorry you had a bad experience with the 2012 VOLT, a vehicle I also at one time owned….
1). Defroster performance when running electrically was fine if you turn the recirculate off, just the same as any car.
2). Exhaust in the cabin? Why didn’t you have the car serviced? Never personally had that kind of problem, nor have I heard anyone else having that particular problem.
3). Air conditioning in the car works fine, unless you are continually driving through death valley…..I’m in a northern state so I must defer to others on the air conditioning issue, since I could see a scenario where the refrigeration system would need to cool the battery when it is 115 degrees outside and the cabin would be put on secondary priority….
In more temperate climates, the air conditioning is just fine, and of course draws much less power than under extremely high heat conditions.
4). You melted the plug on 3 voltecs?
In the owner’s manual, the charging cord is listed as a HIGH POWER DEVICE and GM INSISTS that you have an electrician inspect your garage receptacle to make SURE it can withstand 12 amperes continuously.
This is not a waffle maker that draws 12 amperes for 5 minutes and you can get by with a non-descript receptacle which is already a fire hazard.
With my 2012, they replaced the original voltec free of charge, since the original had a perfectly fine #16 gauge connection plug IF PLUGGED INTO A SUBSTANTIAL receptacle as REQUIRED by the owner’s manual.
The new model had a beefier #14 gauge connection cord (with #16 still going to the car because it didn’t connect to any ram-shackle connections the homeowner might have) to suck away undue HEATING from a horrid condition home receptacle.
If you couldn’t part with the money to get to your garage or car port in order, you should have given a friend $20 to put a ‘specification grade’ receptacle in the place where you charge your car. This was totally your fault, and not the slightest culpability from GM.
Howard, Thanks for responding. I did have a qualified electrician install the proper ground fault receptacle in my garage. It was replaced on two occasions.
I’d change electricians….Since my Nephew crashed my original 2011 VOLT (actually someone rammed him from the back at 50 mph – good thing that the Old Volts were/are the Safest Car ever Made), I still have its 2011 Voltec ‘Wallbox’ cord… Use it every day to charge up my 2014 caddy ELR,, plugging into an old but in good condition receptacle. But as such I have one too many cords.
The ELR’s cord I use for a 2019 volt that I (or a family member) uses every day… The charging cord that came with the 2019 I’m selling on EBAY since I have too many working cords, and this one is the newest.
That said, there are some JUNK receptacles sold – as a for instance HOME DEPOT ONLY sells that Leviton Junk… I wouldn’t buy any of that fire-starter crap…. I personally like Hubbell the best, as it runs cool.
You didn’t specify whether the electrician installed a ‘spec grade’ ground fault, – something which GM doesn’t recommend – as the functionality is already in the wall box and placing it on ANOTHER ground fault may cause nuisance tripping…
12 amps is only 12 amps…. If you’re worried about the charging cords (or anyone reading this) burning down your home, – go out to Harbor Junk Tools and get a 1 foot long 12 GAUGE extension cord and plug the charging cord into THAT. The 12 gauge cord will suck heat out of either end that has a problem, but SERIOUSLY, I’ve never seen a problem with GM charging products that were plugged into substantial receptacles…
I wouldn’t use your electrician for any other electrical work around your home if he seems to have trouble keeping receptacles cool-running.
Thank you Bill for the information.
You’re welcome… I apologize for being a bit too critical. When you spend $BIG $BUCKS for a car, you expect flawless operation….
The last thing owners expect is to have problems with a plain old 110 volt plug….
In the past I’ve criticized GM for offering TOO MANY charging features with the 2022 BOLT EUV I just bought, namely:
1). A FREE 110/220 charging cord (that they used to charge $700 for the equivalent)
2). Paying the first $1,000 for an electrician rearrange of your electricals to install a ‘220’ garage or carport outlet.
3). Offering an absolutely HUGE 48 ampere (11.5 kw) charger in the car, when as far as I know, none of their previous EV car owners ever complained about the 32 ampere (7.6 Kw) unit in the 2017 bolt ev and 2019 VOLT PREMIER. They used to charge $700 for the 32 over the 16 in the volt, so presumably that is worth $700 also to go from 32 to 48.
If they lowered the MSRP by $2,400 by eliminating those ‘esoteric’ charging equipment items, or making them optional extras, they could get the base BOLT EUV price down to near $30,000 – or in effect MUCH MUCH less with incentives and state gov’t offerings.
Many low mileage drivers get by with ‘110 volt’ charging, since they only drive long distances on the weekends, and the battery has its daily recharge to make up any deficiencies.
Here’s more to the point: People installed electric stoves in the 1950’s and 1960’s – and hired electricians themselves, without Frigidaire or whomever footing the bill. Existing EV drivers will have these facilities anyway in most cases – those that need them, that is.
In YOUR CASE, what GM’s policy SHOULD BE, is to send a guy over to the house, and in 15 minutes put a SPECIFICATION GRADE cool-running receptacle in, where you plug in your car…. Wouldn’t cost GM hardly anything, since only existing facilities would be reused.
1). Owner would be HAPPY since he’d charge his car every day at ‘110’ worry-free.
2). GM would be happy since no one would be worried about house fires, and the complementary receptacle refurbishment would only cost pennies.
Oh I forgot to add $750 for the Fast Charging (DCFC or Level 3) facility – used to be optional , now standard – which I’ve never wanted nor needed with my old Bolt EV…. So cross out that $2,400 and put in $3,150 reduction to MSRP.
Bill: Love your comment on Harbor Junk Tools. Right On! Also Hubbell receptacles are A+.
Thanks David – you’ve used Hubbell products? The receptacles are good, – the only problem I’ve had was with 4 light fixtures (1,500 watt quartz-Iodine) from decades ago. In the indoor locations I should have removed the glass. But the contacts melted before even the original bulb burned out… – It was like the 500 watt quartz fixtures the hardware stores everywhere sold, just 3 times the heat.
Hey Bill: Am a big fan of Hubbell, Siemens, ABB, Cooper Industries and Allan Bradley electrical products. Industrial grade tops consumer Home Depot grade any day. I worked for Harnischfeger in Milwaukee on their electric mining shovels at open pit mines in the Southwest. Reliability was paramount.
Harnischfeger, aka P&H, also made their own electric motors back in the day. The world’s finest industrial grade electric motors. Heavy copper windings. Controls were ABB on the shovels. Now Harnischfeger is owned by Komatsu.
Will be interesting to watch and see local neighborhood electric service handle a gaggle of home EV charging outlets in the same neighborhood. Lots of retrofit step up transformers will be needed on the poles.
Very good David..
As far as pole infrastructure goes – my utility traditionally has had marginal capacity at the Substation Level, but man, do they over do it in the neighborhoods… My street is all gas heat, but the transformer capacity they have is enough for 2 evs in every garage as well as totally electric space and water heating…..
Meanwhile neighboring utilities don’t use even half the transformer capacity of what National Grid does.
From what I’ve gathered – most utilities are a bit underpowered at the distribution end of things….
As far as NG’s substation issues, they are constantly doing ‘Voltage Migrations’ to repower neighborhoods from 2400Y/4160 to 8000Y/13800.
Since they chip away at the load from the old 4160 substations, the load that remains is within the capacity of the old substation…
They handle the issue at the feeder level – putting in a double wood pole 3-500 kva can 8000 volt to 2400 volt transformer bank – so they are handling the problem with the cheapest First-Cost solution. Not sure if they are going to convert my subdivision, which has lousy juice in August (like 110/220 or 105/210) due to their incompetence even with the old substation. (No intelligent reason for it, and they could fix it at almost zero cost – if they bothered to have anyone who could accurately assess the situation – but a migration would improve the situation if they go that route),.
Thank You Friends Have A Great Day Smile?>DDK”
This nitwit making predictions again. She is slowly ruining GM so be sure to listen to her. She probably drives a Volvo, sorry Volvo. Read the article on the actual cost of an EV vs. a gas vehicle. An EV is about 50% higher to operate per year, and what happens when the batteries need replacing. They are the whole underside of the vehicle, Guess you just buy another, right.
A and others:
I have owned 6 evs (I currently own 3 GM plug-ins, 1 fully electric, and 2 plugin hybrids) that are very very low cost and low maintenance, as I’ve described in previous articles – showing the operating cost in 3 of the 4 seasons to be roughly 1/4 of the cost of a 100% gasoline vehicle. In the winter time with cars like the VOLT, simply let the engine run to keep the operating expense similar to a toyota prius.
And of course, with 2 year/ 24,000 mile oil changes – the car is 1/8th the cost of my previous car which required them at 3,000 mile intervals.
I owned a Tesla Roadster, and, seeing as it was the most expensive to maintain by far than any car I have ever owned, it will be decades before I ever even consider another Tesla…Currently, Tesla warranties now state that “the Warranty is *VOID* if driven over uneven or broken pavement”, something I do with all 3 of my GM’s all the time…
It will be interesting to see How Hertz does with their 100,000 Teslas in Rental Service… I suspect their maintenance costs will be far higher than they expect, and will have more than average difficulty trying to get a timely repair from a Tesla Service Center.
But Mary Barra’s Idea of 20 evs in 5 years (with 18 of them being WUHUNG puddle jumpers) is as much of a wet-dream as anything I can think of…. The fact that they are currently as I write this not making ANY Plug-ins – means she is DREAMING of out-selling Tesla anytime soon.
As Maria (the white Russian) said to Hogan(‘s Heros),:
“Hogan Darling, you’ve been too long without a Woman – your brain is turning to MUSH”. HAHA!
Further proof Mary has to go .
I hate to say it, Mary, but when your GM predecessors murdered the EV1, companies such as TESLA picked up the gauntlet, took the massive risk and surged to the forefront of usable, daily driver, electric and hybrid automotive vehicles, instead of handing a few off to the rich and famous as novel, experimental toys. By the time GM believes they’ll have “caught up”, TESLA and others will have moved the bar so high that GM will always find itself playing catch up” until the General decides to hang it up.
Cars that can fly the everyday-man to the International Space Station, the Moon and Mars have a better chance at succeeding than GM living on the cutting edge of electric car development and manufacture.
GM has been a large tortured, confused, political transportation business entity since the early seventies. Their internal ego politics maimed them into bankruptcy. Obama thank God saved GM at their darkest 11th hour.
GM has unloaded many divisions, namely Detroit Diesel, Electro Motive, Frigidaire, Terex, Delco, Pontiac, Oldsmobile, Class 8 trucks, Electronic Data Systems, various parts operations as examples.
GM’s last hope is going all in on electricity, hence their new electric plug logo. I wish them luck. I fear rotsa ruck. I think they need to reconsider their 20 year business plan, and not base it on the flavor of the moment thing on the electric / digital / GPS world.
I like GM and wish them well. However their brainpower and planning has been a catch up game to Tesla, Toyota, Honda, VW. GM should now be like a thriving Japanese conglomerate like Hitachi.
The once great city of Detroit should be like a Hiroshima, Tokyo, Stuttgart, as examples. Time to go into a reality check from idealism to practical rationality. The Japanese and Germans, our nemesis in WW 2, are now doing this. The Chinese are slowly killing us. The likes of Elon Musk have been a positive productive force. GM has slowly let the Germans take a large share of the class 8 truck business through Daimler owning Detroit Diesel, Freightliner, Western Star and VW now owning Navistar.
Enough said as to what savvy Asian automakers have done to GM. It’s now a turning point in American transportation business history. I pray we once again can thrive in this transportation business segment. Lots and lots of chatter on this GM Authority site. Let’s focus like the Japanese and German foreigners.
Having retired from GM in ‘16 this whole electrification of vehicles is basically Greek to me but I do think GM will hold a huge advantage over Tesla in mere terms of dealership availability. I’ve heard that with the explosion in Tesla production and sales it will be more difficult to repair their vehicles in a timely manner based on the increased volume of sales and repair facilities. A large % of parts….ie, bumpers, trim and other cosmetics are being used to sustain their production schedules. Accident repair times are increasing exponentially in recent months and will continue to worsen…..that is until other companies claw into their sales like a Grizzly on a salmon and their sales decline. In the real world Elon makes his $ off a ridiculously overvalued stock and shooting off rockets. Just the opinion of an old assembly worker.
They need to satisfy existing EV customers. B ara B uy B ack B olts B etter! After four months of hell, the ’21 Bolt is the last of 30 GM Vehicles. Unsafe at no speed. it’s not just the battery either.