GM's CEO, Mary Barra, And President Trump Working Together In Ohio?

CTRL + V boilerplate spew in 3...2...1...

Some facts...

For the people at GM who work at the Ohio plant a Chinese suitor would likely be a better long term bet. Similar to a group that wanted to invest in the Oshawa plant in Ontario to build BEV buses which is also slated for shut down. They have been scared off buy the political issues re trade and Huawei.

Workhorse is a bit broke it seems at the present...

https://www.bloomberg.com/news/articles/2019-08-06/trump-s-savior-of-gm-ohio-plant-manages-just-6-000-in-sales

Mary Barra is not in her position to utilize of build plants in the USA - she is in Business to make a profit for her stockholders (THAT would be the long time Republican/Conservative mantra - but happens to be true). Americans are one of the few populations that do not favor products from their own market as much as many others. And it remains true that - even with shipping costs - it is possible to make a larger profit by assembling cars outside the United States and Canada.

This is in reality not a political issue - it is pure dollars and cents. Just as in most products in Walmart and Target, most things will continue to have their production moved out of this country, severely hurting the American Middle class.

This is why the UAW needs to be killed. American auto workers make too much money for the menial jobs they do.

Only 10 - 15 percent of the total cost of a US made vehicle is labor. GM's bigger problem is designing vehicles that are best in class that won't require money on the hood to move them. Also, GM still has more overhead than most of their competitors.

the question nobody seems to ask (45) these days: how does the cost of production/manufacturing in the US compare to other markets around the world?

it's still more expensive in the US, to build|assemble|make the same product in China|Mexico. Tariffs won't solve that - employee pay structures are more complicated than just adjusting import/export taxes. if trendy|products could be made cheaper in the US, they'd be made in the US b/c you know businesses like to reap the profits from a inexpensive operating costs.

The focus of the auto industry going forward is likely the the highest technology vehicles and those that carry the largest margins will be made in North America. Labour costs will always be higher than in Mexico or Asia.

Compact or sub compact cars will be made offshore, luxury vehicles, BEV's, Hybrids and large trucks/SUV's can be made in North America.

Motor Trend piece on Cadillac vs Lincoln: Overall, I'm truly impressed with the Aviator," Seabaugh says. "In one fell swoop, it's done what Cadillac has tried and failed to do for years: build a distinctly American, no-compromises luxury vehicle that competes with the foreign luxury marques on its own terms, not theirs."