Harley Lover

Shhhh! Don't interrupt him, he's on a roll!

Looks sharp:

GM had just stated that the strike has been costing it $200 million per week (and they've lost $800 million so far). I wonder what those figures become with the addition of Arlington on strike? https://www.autonews.com/manufacturing/uaw-strike-gm-reports-800m-impact-walkout-so-far?utm_source=breaking-news&utm_medium=email&utm_campaign=20231024&utm_content=hero-headline

Listen to what ExplorerDude wrote (I realize that doesn't read very well), he's seen it. And it ain't pretty.

The arrogance to believe that people at these plants are "fat, dumb, and blissfully ignorant" says more about you and the other poster that agreed with the post.

LOL Better work on that math a bit more.

With a sociopath like Fain, he doesn't believe that's possible. He lives in his little socialist echo chamber, and hears only what he wants to hear.

Is that an accurate statement (not arguing, questioning)? All of the assembly mentioned is certainly a cash drain, but it isn't necessarily a pure profit drain, since those assets are depreciable and not fully expensed in the first year? Isn't the capital depreciation for facilities something like 5 or 7 years?

Good signs for what? Certainly not for lowering interest rates, this news is exactly the opposite of good news. The purpose of the Fed raising interest rates is to slow economic growth. The 2 statistics you cite indicate a lack of slowing, which in turn will most likely encourage the Fed to continue with the interest rate increases.

Nope. The turd you see is the turd you get.

Photos in the real world, not GM doctored shots. I'm amazed at what a turd this thing is:

LOL It's way too far along to cancel. OTOH, Ford might slow walk the start up depending on market conditions at the time it's approaching operation.

I hope it provides enough of what you were hoping for - congrats (I guess?).

From Automotive News: Seems like a pretty damn good deal overall, but I'm not in the union so don't know what the rank and file expected. I think Ford stepped up here in a big way. https://www.autonews.com/manufacturing/canada-labor-talks-unifor-deal-ford-contains-22-raise?utm_source=breaking-news&utm_medium=email&utm_campaign=20230923&utm_content=hero-headline

Are you surprised? The UAW, same as it ever was.

Hey fuzzy, looks like GM (and probably Ford since the 2 companies seem to have matched offers) has addressed one of the issues to your liking: Taken from the yahoo link posted above.

You'd most likely lose that bet. Don't make assumptions just because they support your viewpoint.

The flip side of this question is how many units is GM selling of its product via Brightdrop (or whatever it's called). In some ways, the GM product is superior in the sense its a bespoke EV chassis versus Ford's 'stopgap' product with E-Transit until the next gen chassis is ready. That said, I don't know if there's any evidence in the form of sales figures that would demonstrate that GM is ahead of Ford in this segment. If GM sales are lagging Ford in this segment, they might fall back on the excuse of battery availability.

Isn't the new build rate something like 150k annually? If that's the figure, 5k/month in the U.S. ain't gonna cut it. 8k a month, close to 100k/year in the U.S. would make more sense (being optimistic that Ford could move 4k/month in Europe). Anecdotally it appears that demand is soft for EV's. Hyundai is offering $5k off on Ioniq 5 AND 6 - a surprise on the 6 in particular. Their discount tracks with what Deanh is reporting on incentives for MME. Something seems to have changed in the demand curve - it's a different market than several months ago where dealers were laying on the ADMs hot and heavy. Maybe it's as simple as Tesla's price drops forcing the competition to do the same.

It's been mentioned before, but I imagine this model is aimed more at Europe, where there is a significant rally fan base that might be attracted to what this model represents. It can't be an accident that the first place this was shown publicly was the Goodwood Festival.

This picture shows a little bit of what the rear glass shows of the outside world (see through the interior to the opposite side), it's not completely blocked off:

Road Atlanta. Love driving that track!

Include bringing a greenfield battery plant up to speed. GM have not set the world on fire with their Ultium start up, it will be interesting to see if Ford and SK fare better with their start ups in Tennessee and Kentucky.

Finally seeing true colors with that one.

Perhaps VW planned to supply Ford with the 'pre UN Regulation 100.3/ ECE-R 100.3' parts, and Ford caught it in time to change course? As ludicrous at that sounds, I would not be surprised if VW pulled such a stunt on Ford, hoping it wouldn't get caught until too late. After all, VW have a track record of connivance, don't they?