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 ...
I grew up in a GM family, and have driven their products all my adult life.
I hated what Obama did with (and to) the company, but I refuse to punish the brand for what he, the unions, and the pansy ass management did.
“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 chevy volt was the ultimate obamamobile ... its sole purpose was to suck up to obama when he was Prez ... just like when “donations” to the clinton foundation dropped 90% after there was no play to pay, GM drops their obamamobile for the same reason: no play to pay with obama gone ...
“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.” “
With the coming peak of more senior citizens than youngsters the idea of restricting grandma and grandpa to a car without a steering wheel and pedals is going to be appealing to a market segment.
I will. I've driven GM products my entire adult life, and have had nothing but good service from them. Sure, there have been the occasional repairs, but no more than comparable brands.
I may be the odd man out here, but GM's my brand, and I will buy more.
A few weeks ago GM announced they would be producing 10,000 Chevy Volts in 2011 and 30,000 in 2012. Now apparently due to strong consumer interest the company has decided to increase that second year production number by 50% to 45,000 cars.
Obama's "kiss of death" for anything "green" continues unabated.
In my opinion autonomous vehicles will not survive First Contact with the American tort bar.
My dad loved station wagons.
Was crushed when they went away thanks to Democrats and their CAFE standards. He went to a van (which my mom never liked) and ultimately ended up driving crossovers.
Anything the gov gets involved with turns to sh!t. Washers and dryers suck. Toilets suck. Medical care sucks. Education sucks. Water heaters suck. They have a reverse Midas touch. Why would vehicles be any different?
The Government Motors dream car goes bust.
It’s all about sedans. Americans want SUVs and pickups which are roomier, no more expensive, and equal or better in performance and utility.
“Chevy Vega”
The engineering on those things was so bad that one could reasonably suspect sabotage.
Love the creepy eyes. Robot driver looks a lot like a whitened up Obola. Perfect “driver” for a Government Motors Obolamobile.
I think the only sedan sales are to Hertz, Avis and the other rental car companies.
The last two times I rented a car was a Hyundia elantra.
It was a very nice car to drive.
They break down a lot but the parts are cheap. Parts on that beemer or marcedes will stune your beeber.
The higher end Buick’s that they made before they went bankrupt were some of the finest cars on earth.
Right now? Heck no. In 30 years? Maybe. Would be nice to still have the ability to go out whenever I feel like it, without needing to call someone.
But the reality? Once adoption is more widespread, and more people start getting killed in car accidents, the technology is going to stall, I think.
I think that self-driving trucks on the highway would be a technical possibility, with "switchpoints" (maybe at rest areas?) to put drivers in for the last-mile driving.
I still see plenty of sedans - it’s the coupes that are missing. I don’t even know if it’s possible to get a two door car anymore.
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