Tariffs cost GM 1 billion dollars
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Sedans are dying across the board because the market doesn't want them. It's not because of tariffs or shitty American products. There's more demand and profit in soccer mom SUV's. Camry sales peaked 10 years ago and Accord sales dropped 17% from 2023 to 2024.
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If nearly every foreign automaker can build cars in the US, GM and Ford can, too. Bringing plants back from Mexico and Canada is a good thing.
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Bucks claim that capitalism made the off shore choice is true and valid. But it ignores the part where bureaucracy, regulation and big government created the conditions where moving off shore was the obvious choice for capitalism. So not really capitalism.
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The actual reason they lost a billion!
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Yes, over investment there is part of it. Also consumer financing rates too high which is driving down selling prices.
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She's the worst CEO in corporate America.
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Both GM and Ford bet the farm on EVs. They and their UAW union rather than stand up and fight the idiocy of mandated EVs decided to get along go along with the madness under the delusion that EVs would be cheaper, cleaner and that the American taxpayer and electricity consumer would pay the hundreds of billions to build up the necessary electric grid to charge the cars. Just like the US medical bureaucracy (Big Pharma, medical insurers and hospital and doctor organizations) talked themselves into obamacare. Buck brags about the $7500 that the government paid for his Ford Lightning and then whines about tariffs to break free of the chicoms supply chokehold on the US. If he cared about the actual cost to US consumers and taxpayers he would have opposed the dementia patients Make Inflation Greater Act. But he didn't. Because he doesn't care.
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Never said that. In fact I said quite the opposite. I’m personally willing to pay more for American jobs..You better be to.
I think you need to go to the optometrist and get your eyes checked man. Between not being able to read my posts and your recommendation of ugly actresses I think something is definately wrong.
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Buck: I hate tariffs that target the chicoms and countries that are acting to limit US exports.
Buck: I support something that I'm not prepared to tell you about to bring back to the US jobs done by foreigners.
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When the gubmint subsidies dry up, GM can’t compete.
TARP anyone?
Produce products people want
