MAGA

That's pretty much the last thread propping democrat Michigan up.

>This recent example of GM laying off workers is proof Trump is a failure
Fixed

yeah, this is totally a win, MAGA

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GM just did a share buyback program in which the timing could hardly be worse.
Play the game poorly, you lose (or in reality you blackmail the government to save you in exchange for keeping jobs)

Get billions in taxpayer funded bail out. Slash product output. Lay off thousands to prove President Trumps economic plans won't work, (hint: they will). Hurt the country that kept you afloat.
WTF AM I MISSING HERE?

Don't get me started on those fucking auto union fucks. Their bloated salaries is why no American car company can make a profit. Being forced to pay $90,000 a year + benefits to some slob that spins one wrench a day on the production line is why American cars and trucks cost $50,000 to $70,000 these days. Good riddance to these slobs getting laid off. They are the reason America is no longer all that great.

This. Completely this. Fuck unions, greedy fucks gutted our country. Those fuckers are at the front of the line on the day of the rope

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He is a manipulative lying failure if you want to be precise about it.

It's not Trump's fault that GM makes shit cars that nobody wants to buy or that stupid fucking millennials don't want to drive themselves anywhere.

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4 million - 14k. Fixed.

Unironically true. I had a Tahoe and now I have a Camaro. As soon as both cars hit 110k - 120k miles, shit started needed replacing left and right.

If GM wants to make money (they do) they will just open new plants in other states without unions and niggers.

How zogged is your brain if you think the only choices for business are liberal strongholds or foreign countries. SAD!

These are "buyout" early retirements and consolidation moves. They are just thinning the overhead, this is especially affecting the I.T. and software divisions of GM. They are basically getting rid of the experienced, high-paid software developers and maintainers in favor of recent college grads and H1B visa pajeets and chinks. l know this is true because I work with a guy who's wife is a software manager at GM, she's being bought out right now.

Coincidentally as soon as the extended warranties expire and your return of investment is supposed to break even.

blame unions. Would you rather the company go BK?

>predicate your entire business on unsustainable production numbers for cars that don't sell
>get away with it because the country you're based in is cucking on trade deals
>country unfucks itself aggressively on trade
>WAAAAAAH WHY IS DRUMPF PUTTING ALL THESE PEOPLE WE UNSUSTAINABLY HIRED OUT OF WORK WAAAAAAH
GM did this to themselves

Unions are evil and they all need to be destroyed.... they are nothing but the demon-spawn of selfish boomers

GM cut white collar jobs too, dumbfuck

How do they get a 15% cut in there corporate tax and still manage to go broke??!! I’m confused how this is trumps fault??

My Toyota truck, which was built by American hands in San Antonio, Texas, just turned 247,000 miles this week. Only done basic filter/fluid changes as well as tune-ups (spark plugs, air filter, serpentine belts) and wear items like tires and brake pads.. Not one single rattle, fluid leak nor major mechanical issue yet.

FAKE NEWS
>The restructuring reflects changing North American auto markets as manufacturers continue to shift away from cars toward SUVs and trucks. In October, almost 65 percent of new vehicles sold in the U.S. were trucks or SUVs. That figure was about 50 percent cars just five years ago.

>GM is shedding cars largely because it doesn't make money on them, Citi analyst Itay Michaeli wrote in a note to investors.

>"We estimate sedans operate at a significant loss, hence the need for classic restructuring," he wrote.

>The reduction includes about 8,000 white-collar employees, or 15 percent of GM's North American white-collar workforce. Some will take buyouts while others will be laid off.

>At the factories, around 3,300 blue-collar workers could lose jobs in the U.S. and another 2,600 in Canada, but some U.S. workers could transfer to truck or SUV factories that are increasing production. The cuts mark GM's first major downsizing since shedding thousands of jobs in the Great Recession.

Why is so hard to understand? Trump promised jobs in America during his campaign and won based on that promise. Now GM just laid off all these blue collar Trump voters while Trump was in office. Its Trump's fault that it happened because he said it wouldn't happen but it did. How much more does it need to be spelled out?

Who the fuck buys American cars anymore besides trucks?

I live in Florida and every is other car is Korean for some reason

Basic demographics. Boomers are retiring and tightening their belts, and millennials can't afford, nor want to waste money on, new cars.

Probably because KIA, since their rebirth from a shit brand, have been headed by a German guy that used to be one of the top designers at BMW.

hyundai and kia rule florida

>GM Is not a sustainable business

Retard lol

They're not closing down the plants because their business is failing. They're MOVING production elsewhere because Trump is a shithead and his policies are bad for their business.

>Bedford Rascal
Bedford Rascal

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But that just sounds like a really shit company. Not a president thing.

Should we bail out these companies when they go under just to make sure that they can keep making cars nobody buys?

Why weren't you Eco faggots buying Chevy Volts?

What policies specifically. They are paying less taxes then ever before and now they’re leaving... I don’t get it.

Because we were waiting for the Tesla Model 3 to come out, and stretching our old Toyota hybrids to their last gasp.

Why do you hate America so much? GM literally did nothing wrong here. Its Trump's fault for the trade war forcing GM to lose profit.

At least in south america, GM is a very corrupt company, where nepotism, corruption and all sort of wrong things take places.

From Executive escorts to daughters and sons of managers joining the company without an interview, you can see people getting rich out of nowhere, bribes, sexual favors and as I said, Nepotism rules the company.

Everyone is related to everyone and I don't remember when was the last time that I met someone that joined the company trough a job interview.

In my department , its like a kindergarden for managers and directors family. Every single manager has a daughter/son working in it. My intern is the daughter of a senior manager and she pratically does what she wants, working 4 hours a week and getting a 60k salary.

Guess which country built the capstone hehe

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I mean, Kia makes some sweet cars like the Stinger but still it's weird how fast they took over.

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That's not Trump's fault.

Ford is not making cars either, faggot. Everybody wants trucks.

>suddenly lefty/pol/ shitposters care about the economy

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>Kia re-enters the market selling a quality car at an affordable price while behemoth auto corporations continue to sell trash at ridiculously high prices
Can't imagine why Kia could possibly be doing so well these days. Really jogs the noggin trying to think about it.

not a problem. they can all get coal mining jobs. clean coal is the future!

>implying anything isn't Trump's fault
Rural and suburban retard detector is off the charts sir.

GM did the RIGHT thing here. They dropped dead lines of business in order to focus on better lines. The Volt is the best example of this as it was a clear govt cash grab during the obama era.

No it's my fault and people like me. GM peaked in the 90s. I haven't bought a new car in my entire life, I'm 30. In my area the trucks and that are the most sought after are pre 1994 trucks, usually Chevy and Ford. The new vehicles are unreliable past 100k by design. Why buy new when a perfectly servicable c1500 can be rebuilt completely for under 10k?
Most GM vehicles cost as much as a house. Fuck that.

I wouldn’t keep a Cadillac if you gave it to me for free. Absolutely trash cars come from GM, even Chrysler/Ford are better (barely). Other auto companies will snap these workers up no problem.

Kia and Hyundai rule Florida because of bad-credit sub-prime car loans.

Didnt have a real dad, did you? At 100k-150k, you can expect to replace the thermostat, pump, radiator, and probably oil pump.

Fun fact America used to be #1 in education before the (((Department of Education))). It's working as designed common core was literally created by a jew.

We are having lay off in south america aswell.

We have 40 members on our department. 7 of then were laid off using the Voluntary TerminationProgram and 3 were fired .

The point is that GM pays A LOT to its employees, way more than any company in the market. We have lots of workers getting paid 2-3 times more than the average on the market, and they usually do shit, and don't work at all.

GM is terrible at South America, despite leading in sales. The company is rotting and their employees instead of helping, just spread the cancer.

Blue-Collar are usually non-white these days anyway, so yeaaaaahhh..... 0_o

Thanks Trump!

What's really sad is that the majority of these people, that are about to be unemployed, voted for Trump. Or, in other words, voted against their own interests...again.

so who forgot about the 400b auto industry bailout

The oil pump? You mean what used to be good for 400k miles in older cars? What a shit show.

I recently was looking for a cheapo car. GM (((budget))) sedans are flooding the market, they absolutely overestimated demand of their shitty gocart knockoffs.

>implying older cars made it to 400,000 miles
I know you born after 1995 you fucking misinformed welp.

THANKS OBAMA!

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Guys I think I'm getting tired of winning. Let's all go back to sleep

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>Help develop hybrids before the Japs had ever heard of them but don't make them because muh profits are in muh big stupid trucks and SUVs
>Lose huge market share to rice burners and hybrid rice burners
>Get billions in taxpayer funded bail out
>Instead of suing that $ to invest in hybrids just bring back the shitty meme chevy volt that never worked right and was lucky if it could go 50 miles
>Use those tax funder billions to give you and your corporate board buddies yuge bonuses and golden parachutes
>Complain when nobody wants to buy your stupid gas guzzling retard mobiles and they keep buying nice rice burners and hybrid rice burners
I thought Trumps new deal with Mexico was supposed to be good for the auto sector I am genuinely perplexed. These corporations have sold us out is the only viable theory. $ is just a tool it's all about power in the end.

The fact that he's running the economy into the ground. I'm not even joking. Recession is coming big time.

Based and repilled.

Lmao the shilling continues. GM has almost gone out of business for the last decade.

Who the fuck buys GM cars? They're closing in Canada too.

Why are you talking about yourself in the third person?

DRIVE
DRIVE YOU JUNK
RRREEEEEE

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FTE net job growth or GTFO. The sun of growth not individual companies getting ahead of the consumer preference curve. No one wants cars they want SUVs and crossovers.

I'd honestly rather buy a car made in China over anything GM makes. Zero quality.

Cars are only built to run for ~100k miles. After that you're on borrowed time regardless of the manufacterer.

u what m8?

Good. Fuck America.

That's literally how Obama and Bush did it. God I hated those bail outs so much. Poured billions and billions into these companies at 0% interest to them but costing us interest to the Fed Jews.

Old fords and new fords can make it that high.

too much winning!!!

Lol wtf? My camry has almost 300k miles on it and going strong. Some stuff needs to be worked on and replaced occassionally, but it still has plenty of life.

Funny how Japanese cars are now the best American made cars. I believe most Toyotas are manufactured here in the states.

Seems the only things people want from GM or Ford is trucks and fleet vehicles.

Reminder the US government bailed out GM.

"U.S. government says it lost $11.2 billion on GM bailout"
>reuters.com/article/us-autos-gm-treasury-idUSBREA3T0MR20140430

youtube.com/watch?v=QmwrSw9j5QY
>youtube.com/watch?v=QmwrSw9j5QY

youtube.com/watch?v=9ylfxg9Rz7w
>youtube.com/watch?v=9ylfxg9Rz7w

Not without a shitload of work and maintenance along the way not too mention a few engine and transmission swaps too. Same can be said of new cars for that matters.

Those closures are PURELY market driven you dumb nigger. Americans don't need economy cars so we stopped buying them. Cars suck for our roads. Trucks and SUVs are more comfortable and fuel is dirt cheap.

The bigger story is how big profile companies are starting to brace themselves for another recession. On WSJ, an article detailing another housing bubble, with Dallas TX on spotlight for its visible bust.

Trump certainly wont rerun if a recession begins. Once in power, democrats will probably try to give citizenship to 30-40M spics. Demos will also attempt to reinstate Obamacare and reverse tax cuts.

Dark times ahead.

Time to shift town planning and development away from auto-centric everything. We need places made for humans and not cars.

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Yup. Should just make them go Chapter 11 and figure out how to not be a shit company and tell the union to get fucked.

How much of the loan did they pay back?

Care to explain?

Youre full of shit and yeah some parts wear out but overall fords especially their trucks can last for really long times. With some maintenance fords last a long time.

I wouldn't want most of these brand new modern vechiles. I'm not a car expert but some vehicle guy on youtube makes videos about modern BMWs compared to his early 2000s one and how everything in his is metal and everything in the new one is plastic including the oil pan that gets very hot and can literally melt in the new one because it's a piece of shit.
Also just from a pol perspective the 2003 BMW was probably made by actual Germans while the 2019 BMW is probably made by Turkfags.

en.wikipedia.org/wiki/Chair_of_the_Federal_Reserve
The fed isn't even run by jews, user.

This was the explanation I asked the same question...see

GM is just trying to get revenge on Trump because they are a bunch globohomo Jewish loving cock suckers.

And how much have you had to replace? Doesn't count if the only thing original to the car is the engine