The automobiles manufactured at these locations are not poor quality products – hardly at all. The fact of the matter is that these vehicles are no longer in vogue. US automobile buyers are voting with their wallets for crossovers and SUVs – not sedans.
As Mary Barra (GM CEO) said - these cuts will make GM lean and agile as the company concentrates its resources on electric and autonomously-driven vehicles of the future.
The future of mobility is changing – driven by shifting population demographics and the inexorable march of ride-hailing companies like Uber and Lyft competing with automobile ownership in urban communities. All the moves are designed to save the company $6 billion in annual costs. Ford is expected to announce huge job cuts this week as well.
This is capitalism at work. Messy sometimes but that’s the way it works.
For all of his tweeting Trump is looking more like the drunken dad who promised his supporters a pony for Christmas. Instead, they found a pile of manure under the tree and now they are enthusiastically digging thru the pile of crap thinking there must be a pony in there somewhere.
One has to wonder why a successful CEO of General Motors would waste her valuable time listening to what a failed casino operator has to say anyway.
Sheesh…
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