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GM is laying off thousands of workers, closing three plants, and ending production of the Chevy Volt
Verge ^ | 11-26-2018 | Andrew Hawkins

Posted on 11/26/2018 9:07:04 AM PST by tcrlaf

Amid flagging sales, General Motors confirmed on Monday that it will no longer make the plug-in hybrid Chevy Volt, ceasing production on March 1st, 2019. The news comes as part of a wider plan by GM to slash car production in North America and halt production of several low-selling brands. Trading on GM shares was briefly halted on the stock exchange early on Monday in anticipation of “major operational changes,” according to CNBC.

GM plans to “unallocate” three assembly plants — in Oshawa, Ontario; Detroit, Michigan; and Warren, Ohio — putting the future of those plants in doubt, Reuters reports.

The move will necessitate layoffs of salaried executive employees. “Actions are being taken to reduce salaried and salaried contract staff by 15 percent, which includes 25 percent fewer executives to streamline decision making,” GM said in a statement. An estimated 14,000 factory workers and white-collar employees stand to lose their jobs, according to The Associated Press.

(Excerpt) Read more at theverge.com ...


TOPICS: Business/Economy; Canada; Front Page News; News/Current Events; US: Michigan; US: Ohio
KEYWORDS: automotive; canada; chevrolet; chevroletvolt; chevyvolt; china; detroit; economy; elonmusk; falcon9; falconheavy; generalmotors; globalwarminghoax; gm; gum; layoff; marybarra; maryland; michigan; model3; obamanation; ohio; ontario; oshawa; spacex; tesla; warren
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To: Snickering Hound
If you don't shut-up, GermanHillary, I'm gonna slap your Canadian girlfriend!


41 posted on 11/26/2018 9:34:24 AM PST by Cletus.D.Yokel (Catastrophic, Anthropogenic Climate Alterations: The acronym explains the science.)
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To: tcrlaf

someone i know just had a hybrid given to them, apparently this hybrid recharges whiel driving- no plug in necessary- why aren’t car manufacturers seeking to refine this technology instead of requiring expensive electric plug in recharguing?


42 posted on 11/26/2018 9:35:01 AM PST by Bob434
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To: tcrlaf

Looks like they are going the hybrid-suv route

https://www.greencarreports.com/news/1111214_chevy-volt-may-be-replaced-in-2022-with-plug-in-hybrid-crossover-crossvolt-at-last


43 posted on 11/26/2018 9:35:52 AM PST by Jonty30 (What Islam and secularism have in common is that they are both death by cults.)
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To: caver

The public doesn’t want a cramped car to drive around in.

However, hybrid-SUV’s offer similar room to other small SUV’s, so the public wants those.


44 posted on 11/26/2018 9:37:03 AM PST by Jonty30 (What Islam and secularism have in common is that they are both death by cults.)
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To: akalinin

Yep, non-hybrid Geos got 45 mpg.


45 posted on 11/26/2018 9:37:12 AM PST by Leep (we need a Trump like leader for President 2024!)
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To: tcrlaf

Maybe they can all go to work for the Democrat Party?

They’ve been paying them for years.


46 posted on 11/26/2018 9:38:25 AM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: Jonty30

They have refined it. They are bringing out an SUV-hybrid in 2022


47 posted on 11/26/2018 9:38:30 AM PST by Jonty30 (What Islam and secularism have in common is that they are both death by cults.)
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To: tcrlaf

I doubt that President Trump will be silent about this. Thank the Lord for President Trump.


48 posted on 11/26/2018 9:40:24 AM PST by DungeonMaster (Vote your bible.)
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To: tcrlaf

Surprise. Volts aren’t selling like hotcakes.


49 posted on 11/26/2018 9:43:06 AM PST by bgill (CDC site, "We don't know. how people are infected with Ebola.")
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To: marron
I haven’t had much sympathy for GM since Obama stole the company.

Although feeling sorry for the workers, I haven't any sympathy for GM the company since they started making shit cars and doing really stupid stuff in the 70s and beyond. As far as I am concerned, they should have gone bankrupt and then worked to get out of it.

50 posted on 11/26/2018 9:44:19 AM PST by pt17
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To: Buckeye McFrog
...as I gaze around at traffic there are relatively few sedans even to be seen. 70%+ of traffic appear to be SUV’s and cross-overs.

It's fine if people want to drive an SUV or a cross-over. We have a brand new SUV in the family, but I just do not understand the desire for a cross-over vehicle. My parents bought cross-over vehicles in the late 60's and into the 70's. But in those days the cross-over vehicle was known as a station wagon.

I gave up driving an SUV for a sports sedan. I can't imagine ever going back.

51 posted on 11/26/2018 9:45:33 AM PST by Obadiah
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To: caver

Doesn’t that tell them the public does not want these hybrids?

What the public wants is secondary. Much of what we are seeing is being caused by the stranglehold the Government has on the cars via requirements. To make matters worse on his way out the door Obongo imposed standards which require suspension of the laws of physics. Trump said he’s “looking into” at least freezing them as is but has yet to commit


52 posted on 11/26/2018 9:48:41 AM PST by gibsonguy
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To: Slingwing; All
Another juicy tidbit from the article:

"Unlike the Volt, though, the Bolt is the linchpin to GM’s plans for the future.The EV is used by its Cruise Automation division for autonomous testing, and a future version without steering wheel or pedals is getting ready to go into production." (my emphasis)

Oh, wonder joy and glory. Now Government Motors is coming up with another great brainstorm, a totally driverless vehicle, "without steering wheel or pedals." Somehow, I absolutely know consumers will be knocking each other over and mugging each other just for a chance to ride in it, let alone a chance actually to buy one. After all, look how successful driverless cars have been in avoiding fatalities so far. Having done so well with consumer diesels and the brilliantly successful Chevy Vega, GM is assuredly on to another great market triumph that will excite its remaining stock holders. (sarc. off)

53 posted on 11/26/2018 9:49:38 AM PST by libstripper
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To: Obadiah

A hybrid can save you about $900/yr in fuel costs. A couple of years of ownership will pay for the difference between a hybrid and a full gas model.


54 posted on 11/26/2018 9:55:41 AM PST by Jonty30 (What Islam and secularism have in common is that they are both death by cults.)
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To: tcrlaf

Ford also (not so recently) announced that they were ending the production of sedans, and that soon, the only non-SUV offering in their stable would be the Mustang.

They didn’t mention specific layoff or plant closures at the time, though (I might have missed it).

Chrysler has already pretty much done the same thing, axing the 200/Dart.

The public has voted with their wallets, and the humble (or not so humble) sedan has lost the election. They are currently unprofitable, and with the entrance of China in to the market, will become a complete boat anchor, so the big 3 are throwing in the towel and sticking to the big money - trucks and SUVs, with the occasional high-profit sporty car on the side.

I bought my Malibu a couple of years ago, when they had a 30% off sale. 30%! Practically giving them away. That said, I like it, 35+ mpg highway is nice, and the Bose stereo is sweetness, but in a few years, when it’s time to change cars, what will be available for me? Probably just another generic SUV/CUV. Huzzah. I may not like it, but I’m just one of those dinosaur consumers, stuck in the past.

Whatever.


55 posted on 11/26/2018 9:56:26 AM PST by Kommodor (Terrorist, Journalist or Democrat? I can't tell the difference.)
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To: tcrlaf
Government Motors ditching the government freebees because folks are on to them?

MAGA!!!! Best President ever!

56 posted on 11/26/2018 10:03:06 AM PST by trebb (Those who don't donate anything tend to be empty gasbags...no-value-added types)
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To: tcrlaf

The Chevy Volt needed to be put out of its misery. There never was a true market demand for it. It was never anything more than a feel-good, public relations caper.


57 posted on 11/26/2018 10:05:07 AM PST by Windflier (Pitchforks and torches ripen on the vine. Left too long, they become black rifles.)
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To: discostu
It takes them 4 months to stop making a car?

Preexisting orders need to be filled.

58 posted on 11/26/2018 10:07:47 AM PST by Hot Tabasco
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To: bgill

A couple years back they were going all out in advertising. Local conservative talk radio hosts were doing Volt pitches. They were trying to make the car attractive to other than wacko greens. I guess it wasn’t enough.


59 posted on 11/26/2018 10:08:11 AM PST by jimfree (My18 y/o granddaughter continues to have more quality exec experience than an 8 year Obama.)
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To: tcrlaf

Whatsamatter, fedgov not buying fleets of Volts anymore?


60 posted on 11/26/2018 10:10:51 AM PST by Rebelbase
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