General Motors announced a major restructuring of its global business, shutting production at five facilities in North America and slashing its staff. GM said it will reduce its salaried workforce by 15%, including a quarter of the company's executives.
The moves are the first big steps in the century-old GM's transformation. It is closing facilities and reinvesting money away from cars that once dominated roadways and to technology that the company believes will power its future.
MAGA certainly has not improved anything for the average worker. But, most of us knew that already, which is why we didn't fall for Trump's bull****.
GM is reinventing itself, cutting 15% of its salaried workers
Translation: Those jobs really are never coming back. Obama knew it, and he was honest enough to tell you so. Trump not so much.
MAGA certainly has not improved anything for the average worker. But, most of us knew that already, which is why we didn't fall for Trump's bull****.
GM is reinventing itself, cutting 15% of its salaried workers
Translation: Those jobs really are never coming back. Obama knew it, and he was honest enough to tell you so. Trump not so much.
The market appears to like GM's move. Auto manufacturing is moving into new ground tech wise with regard to design and production. We're printing motorcycles now. It won't be long before we're doing much more than just motorcycles, and the labor market is bound to reflect the effort toward such advances.
The market appears to like GM's move. Auto manufacturing is moving into new ground tech wise with regard to design and production. We're printing motorcycles now. It won't be long before we're doing much more than just motorcycles, and the labor market is bound to reflect the effort toward such advances.
As usual a Trump basher FAILS to mention that the plant is in Canada.MAGA certainly has not improved anything for the average worker. But, most of us knew that already, which is why we didn't fall for Trump's bull****.
GM is reinventing itself, cutting 15% of its salaried workers
Translation: Those jobs really are never coming back. Obama knew it, and he was honest enough to tell you so. Trump not so much.
As usual a Trump basher FAILS to mention that the plant is in Canada.
Which is the same thing as saying "those jobs are not coming back". Those jobs that do result from these technology shifts are not the assembly line jobs of the past and there will not be as many of them either.
Take Trucks, SUV's and panel vans away from the American Auto Industry and you don't have much of an American Auto Industry left. Fleet sales to car rental agencies make up a big part of what is left. Now some Americans hardly see anything but a pickup truck on their roads. I would invite that crew to tell how many traffic jams of pickup trucks they see.
The American Auto industry has been just about driven from the field of your basic car market, family or otherwise. American Auto makers are betting big on hybrids and electric cars because they don't have a choice. Will that bet pay off? Who knows. But they clearly don't have a choice.
I just read that most of the jobs cut are management jobs. The shift from production of traditional cars to other platforms won't happen without some restructuring, and the loss of a Cadillac plant is not catastrophic. In fact, the scrapping of Cadillac entirely is past due.
The shift is to more utilitarian vehicles powered by electricity. If we don't make such changes, the industry will in fact leave us behind. I don't know of many who want a full sized Buick anymore unless they're over 80. Truthfully, adapting to changing markets is essential, and the loss of some jobs should be expected. Other jobs will eventually open up as a result.
The issue is that in too many instances, American Auto Manufacturers have been DRIVEN from markets that were theirs and there is no guarantees that they won't be punched out in the electric and hybrid markets either. Their track record is not very impressive in anything but the American male hormone driven truck and panel van markets.
I have trucks. At my age, hormones are hardly a problem. Light hauling is common in this country, and I expect pick up truck sales will continue to thrive even as the market changes. Full sized pickups are powered by relatively small, high efficiency diesels as often as not now, and I expect accelerated innovation on that front to include electrically powered small trucks soon. That's hardly a testosterone building platform, but it is efficient and utilitarian. It looks to me like growing a beard is the preferred hormonal demonstration these days, and not horsepower.
As usual a Trump basher FAILS to mention that the plant is in Canada.
As usual a Trump devotee doesn't read the story that's all over the news.
Four of the five plants are in the United States of America. In this country we loving refer to Michigan, Maryland, and Ohio as states, not parts of Canada.
The question is, would these plants have closed anyway, or not. It's nice to blame problems on someone else.
You tell me. Or maybe Trump can tell you, since he promised more American jobs manufacturing American cars. Surely he had the inside scoop that the rest of us can't.
None the less, American truck buyers are more inclined to buy an American truck and be more resistant to imports than American buyers of other vehicles by type. Frankly i don't give a rats behind if its male hormones or not but the advertising would certainly suggest male hormones are a factor. Truck marketing in America is the last bastion of the Marlboro Man.
I don't understand why the government doesn't get out of the way with all their regulations, requirements, and fees. It would make their vehicles less expensive to manufactory and reduce the sells prices or increase business revenues. Which would be good for the consumer. Instead we are forced into complying and we wonder why we see these types of unintended consequences.
I really don't know, but what I noticed missing is any discussion of GM's health before president Trump. I'll bet GM was thinking about such things before the 2016 elections, because they never really recovered.
Don't you think it should be part of the discussion, or is this going to be just another senseless thread to bash someone?
The issue is that in too many instances, American Auto Manufacturers have been DRIVEN from markets that were theirs and there is no guarantees that they won't be punched out in the electric and hybrid markets either. Their track record is not very impressive in anything but the American male hormone driven truck and panel van markets.
American manufacturers (not just the auto industry) have to learn to innovate faster, and take it more seriously.
As to the male hormone/truck thing, more and more females are driving trucks for a variety of reasons.... so that appeal isn't exactly the thing anymore.
I wouldn't want to roll regulations back past maybe around the year 2000 standards. We need reasonable regulations to keep the air quality good. If we could just make diesel as clean as we have gasoline, we would be in excellent shape.
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