• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

G.M. to Idle Plants and Cut Thousands of Jobs as Sales Slow

MTAtech

DP Veteran
Joined
Dec 4, 2013
Messages
26,565
Reaction score
20,007
Gender
Male
Political Leaning
Liberal
Exact title: G.M. to Idle Plants and Cut Thousands of Jobs as Sales Slow
Source: NY Times

General Motors said Monday that it planned to idle three car plants and two transmission plants in North America and cut several thousand blue-collar and salaried jobs in a bid to trim costs as the auto sector slows.
...
G.M.’s actions follow similar job-cutting moves by Ford Motor as new-vehicle sales have lost momentum because of a shift in consumer tastes.

For the last several years, as gasoline prices have remained low, consumers have gravitated toward bigger, roomier vehicles like pickup trucks and sport-utility vehicles. Demand for small and midsize cars has plunged.
...
The companies have also paid a price for the tariff battle that President Trump set in motion. In June G.M. slashed its profit outlook for the year because tariffs on steel were driving up its costs. The company does not import a great deal of steel into the United States, but the increased demand for domestic steel has raised prices.

The reasoning is that the demand shift is away from sedans and small vehicles to SUVs and trucks. However, why is it that companies like Hyundai and Toyota, whose most popular cars are Sonatas, Elantras and Camrys, respectively.
 

PTF

DP Veteran
Joined
May 31, 2016
Messages
2,920
Reaction score
566
Gender
Undisclosed
Political Leaning
Conservative
You've mentioned the competition(s). GM has to compete. Sad to say the idea of the former administration's(regime) efforts to save the auto industry has failed as expected.
So who's next ?
Ford ?
Chrysler ?
 

Mycroft

Genius is where you find it.
DP Veteran
Joined
Oct 27, 2011
Messages
75,740
Reaction score
30,400
Gender
Male
Political Leaning
Conservative
Maybe Trump should boost a tariff on autos built in China. Then GM would have an incentive to close their Buick SUV plant over there and retool one of their US plants to make them here.

Surely, that would be some government control the Dems could get behind.
 

JoanDavis

Banned
Joined
Nov 2, 2018
Messages
1,303
Reaction score
594
Gender
Female
Political Leaning
Undisclosed
You've mentioned the competition(s). GM has to compete. Sad to say the idea of the former administration's(regime) efforts to save the auto industry has failed as expected.
So who's next ?
Ford ?
Chrysler ?

Are you trying to blame President Obama for this? Sorry mate. This is ALL TRUMP'S DOING. And interfering with a private business's operations - actually attacking them if they don't do what he wants - is totally against what the republicans stand for.

Remember the republicans don't like governments interfering with private business and expect MARKET FORCES to sort out what a business does or doesn't do.

So all those GM employees that are about to get the pink slip;- THANK TRUMP!!!
 

Taylor

DP Veteran
Joined
Aug 31, 2009
Messages
18,018
Reaction score
7,212
Location
US
Political Leaning
Undisclosed
The reasoning is that the demand shift is away from sedans and small vehicles to SUVs and trucks. However, why is it that companies like Hyundai and Toyota, whose most popular cars are Sonatas, Elantras and Camrys, respectively.
Actually, the most popular Toyota is the RAV4. Hyundai is one of the only brands that actually has a sedan as its top selling model in the US. It is the exception, not the rule (their 2nd most popular car is the Santa Fe of course, not the Sonata).
 
Last edited:

Middleground

Dam Epidamic
Bartender
DP Veteran
Joined
Jul 15, 2005
Messages
26,618
Reaction score
12,750
Location
Canada's Capital
Gender
Female
Political Leaning
Progressive
No, no, no... this cannot be right! Trump has promised to not only keep the jobs that were already here but to bring the ones that went away years before! Hang tight people; this cannot be right. Wait for the incredibly generous tax cuts to trickle down -- I'm sure it's going to happen any day now!
 
Top Bottom