[bjrosen]

https://www.greencarreports.com/new...revamp-could-signal-faster-lane-change-to-evs

There is a rumor that GM is preparing to make some announcements. Hopefully something interesting is about to happen.

 

[Steverino]

So we have a rumor about a rumor?

From the article, "A GM spokesman contacted Monday evening denied the reports that Wednesday's call will include such substantial technology, mobility, and manufacturing announcements. "

IOW, don't hold your breath?

 

[Ladogaboy]

I hope Mary Barra tweets about it!

 

[Ladogaboy]

While we're here:

 

[supchrgamx]

I hope Mary Barra tweets about it!

why - and I hate to say it
is GM going private

 

[bjrosen]

why - and I hate to say it
is GM going private

Funding secured

 

[obermd]

GM has an EV strategy?

 

[Ladogaboy]

GM has an EV strategy?

Well, it's no 10-year plan that you're not supposed to talk about:

https://investor.gm.com/static-files/c2b1b3a5-fe6c-4466-834a-2640e7787d1d

 

[JuneBug]

GM's only strategy is making money. Which means selling more and more huge gas-guzzling pickup trucks and SUV's. That's their bread and butter.

 

[dznf0g]

Well, I can tell you, as an employee, that something very different is going on. What it is...I have no clue, but things are definitiely different than at anytime in my near 35 years working for GM. I for one, have baited breath.

 

[supchrgamx]

Well, I can tell you, as an employee, that something very different is going on. What it is...I have no clue, but things are definitely different than at anytime in my near 35 years working for GM. I for one, have baited breath.

GM has always treated me ok and I have enjoyed there products for as long as you have worked there. and I hope us acting like goofs on this forum doesn't add to your baited breath

 

[dznf0g]

Well, I can tell you, as an employee, that something very different is going on. What it is...I have no clue, but things are definitely different than at anytime in my near 35 years working for GM. I for one, have baited breath.

GM has always treated me ok and I have enjoyed there products for as long as you have worked there. and I hope us acting like goofs on this forum doesn't add to your baited breath

Not at all. My entire 35 has been in service, most of it in the field...I have very thick skin. You all are actually a pretty decent crowd.

 

[sosmerc]

GM and others are going to get "run over" if they don't get serious about building a complete family of EV's to replace their aging ICE family. And they had better be planning to support these new vehicles with a charging network comparable to what Tesla is doing.
I believe I read somewhere recently where MB is now thinking about working WITH Tesla in some regards to get them up to speed more quickly. They have seen the light??

 

[scottf200]

GM's only strategy is making money. Which means selling more and more huge gas-guzzling pickup trucks and SUV's. That's their bread and butter.

True 40K-50K per month. Chevrolet knows where to invest their money for the stockholder's satisfaction.

 

[BoogetyBoogety]

True 40K-50K per month. Chevrolet knows where to invest their money for the stockholder's satisfaction.

As a modest GM stockholder, with a couple of thousand shares... I ain't real happy with GM lately, especially over the last three-four months. But as a long-term investor, I see some hope for GM going forward if they keep their act together...

 

[Steverino]

As a modest GM stockholder, with a couple of thousand shares... I ain't real happy with GM lately, especially over the last three-four months. But as a long-term investor, I see some hope for GM going forward if they keep their act together...

General Motors’ shares soar as strong truck sales, higher prices boost third-quarter profit

https://www.cnbc.com/2018/10/31/general-motors-earnings-q3-2018.html

 

[Jmaj]

I like my Silverado. News just in

"GM's hefty North American margins were "really helped by the launch of our all our new full-sized pickup trucks," GM CFO Divya Suryadevara told reporters Wednesday. GM was "also helped by a strong pricing environment. We had a ton of price discipline this quarter that really helped all the segments across the board."

GM Cruise lost $200 million in the third quarter. The autonomous vehicle development arm of the company got a $2.75 billion total investment from Honda Motor Co. earlier this month, following a $2.25 billion investment from SoftBank Investment Advisers in June. "

 

[eDreamin']

Not at all. My entire 35 has been in service, most of it in the field...I have very thick skin. You all are actually a pretty decent crowd.

Then, we must be doing this internet thing wrong! OK everyone-- get nasty! (there! just like that!)

 

[rmay635703]

A mobility company makes either wheelchairs, communal cars or self driving cars.

I doubt GM is exiting the private car market


PS Read the attachment, that was GMs only secret released today

 

[JRRF]

GM and others are going to get "run over" if they don't get serious about building a complete family of EV's to replace their aging ICE family. And they had better be planning to support these new vehicles with a charging network comparable to what Tesla is doing.
I believe I read somewhere recently where MB is now thinking about working WITH Tesla in some regards to get them up to speed more quickly. They have seen the light??

Anybody and everybody working with Tesla to leverage charging infrastructure would be helpful to all. It would be ridiculous if each manufacturer had their own separate set of charging stations. The benefits right now are obvious for GM. The real question is whether Tesla and Musk are smart enough to see the ultimate benefits for them too.