Right. Biggest question is timing. As long as gas stays cheap and the EV infrastructure remains underdeveloped, it'll be the right move for sure.max225 wrote: ↑Tue Apr 23, 2019 10:35 amMake the money and let everyone else waste it on electric bikes for broke losers and Bay Area white powder parties. Then once they blew hard earned dollars on nothing, pick up the remaining worthwhile pieces for pennies on the dollarDetroit wrote: ↑Tue Apr 23, 2019 10:33 am
I used to think GM had it all together until it went with the full-EV future and a lot of knee-jerk reactions to market dynamics that make little sense. I think the company is trying to match the "disruption" (I hate that fucking word) that startups manage while being a major corp with tight scrutiny of the balance sheet. It's not going to work.
FCA meanwhile is just producing great products that give people what they want. Refinement, excellent tech, and solid performance. I still think there's questionable long-term viability, but for now it's got everything lined up right.
With the new Silverado being a dud, and the rest of the lineup sacrificed in the name of EVs, GM could be facing significant troubles in the next 5 years.