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gm ceo barra interview mainly on EVs

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Old 10-19-21 | 05:33 PM
  #16  
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Originally Posted by mmarshall
Disagree. One usually has to walk before they can run, and that car helped learn the first steps.
Would be shocked if anyone with any direct involvement with that project still works at GM of today.
Old 10-19-21 | 05:37 PM
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Originally Posted by mmarshall
Disagree. One usually has to walk before they can run, and that car helped learn the first steps.
Like the Bolt? The car they lose like $9,000 per vehicle on? The car with the additional $1.8B recall cost?
Perhaps they will do better on the Hummer EV?
Don't mean to bust your chops, but what lessons did they learn?
Old 10-19-21 | 05:44 PM
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Originally Posted by JeffKeryk
Like the Bolt? The car they lose like $9,000 per vehicle on? The car with the additional $1.8B recall cost?
Perhaps they will do better on the Hummer EV?
Don't mean to bust your chops, but what lessons did they learn?

First, you aren't busting anybody's chops. Second, it's not a matter of learning lessons so much as going with the flow. I myself am not a big fan of EVs, but, for a number of reasons, they are going to be forced on many of us whether we want them or not. Tesla themselves probably wouldn't the big success they have been if politicians hadn't been pushing EVs with tax credits, and scaring people with climate-change. I probably can't talk much more about that, because it would be too political for the forum.
Old 10-19-21 | 05:47 PM
  #19  
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Originally Posted by spwolf
if anything, GM is even more behind than Toyota. Current product is terrible (Bolt) and sells poorly. They promise future product but lets produce it first.
I have to agree. All GM has provided is speculation. Did Ms. Barra say 30 new EVs?
They have yet to produce an EV even close to the cheapest Model 3. Or one that is even remotely profitable.

Again, I wish them luck.
Old 10-19-21 | 07:36 PM
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Originally Posted by bitkahuna
tesla benefitted more than any auto company from tax credits, incentives, nationally and in california. and as a lot of govt/media wants 'green' everything, they're not likely to be against tesla, even if he's, uh, unpredictable.
Every auto maker gets the same tax credits for the same types of vehicles until a certain volume is reached.
Old 10-19-21 | 08:29 PM
  #21  
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Originally Posted by JeffKeryk
And the richest man in the world.
not relevant to the thread.

I think it is fair to say GM, Ford and anyother car company could have started in EVs 10+ years ago in CA and get the same incentives as Tesla, right?
no, not right. you may recall the actual bankruptcy that GM went through right around the time Tesla was getting going. with giant legacy operations, there's NO way any old automaker could have done what Tesla did. and the tesla story is amazing, but let's face it, even 'the richest man' concedes they almost went out of business. anyway this thread is about GM, not tesla.

Originally Posted by JeffKeryk
Interesting... It's kinda ironic Tesla's margins, in the higher 20% range, blows the doors of GM's maybe 7% margins...
to use mmarshall's phrase, apples and oranges. gm has uaw baggage, many old car lines they've been slowly trimming, etc., etc. it's hard to turn a container ship around.

@bitkahuna is just being optimistic. Nothing wrong with that. Let's see what GM can do. Because if they cannot perform in the EV space, it won't be good.
Clearly the market believes in Tesla. Let's see how it responds to GM's strategy.
thanks. discuss tesla strategy in another thread though.

Originally Posted by JeffKeryk
Tesla reports Q3 numbers soon, maybe tomorrow. With the record deliveries, margins should further improve due to economies of scale.
Apparantly the market is already rewarding them; TSLA is up $50 this week.
take talk of tesla stock elsewhere.

Originally Posted by LeX2K
Every auto maker gets the same tax credits for the same types of vehicles until a certain volume is reached.
true, but only one was exclusively focused on EVs of course, thus having the biggest impact/benefit.

gm clearly has lots of challenges, but i actually rate them as in a stronger position than ford with it's highly praised Mach-E.
Old 10-19-21 | 08:50 PM
  #22  
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Great post.
Old 10-19-21 | 08:50 PM
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Originally Posted by bitkahuna
not relevant to the thread.



no, not right. you may recall the actual bankruptcy that GM went through right around the time Tesla was getting going. with giant legacy operations, there's NO way any old automaker could have done what Tesla did. and the tesla story is amazing, but let's face it, even 'the richest man' concedes they almost went out of business. anyway this thread is about GM, not tesla.



to use mmarshall's phrase, apples and oranges. gm has uaw baggage, many old car lines they've been slowly trimming, etc., etc. it's hard to turn a container ship around.



thanks. discuss tesla strategy in another thread though.



take talk of tesla stock elsewhere.



true, but only one was exclusively focused on EVs of course, thus having the biggest impact/benefit.

gm clearly has lots of challenges, but i actually rate them as in a stronger position than ford with it's highly praised Mach-E.
Refer to your post #4. You mentioned Tesla and Musk; I was responding to that.

In your post #1, you said GM seems to be ahead of Toyota. How? they have never made a penny on an EV; quite the opposite. I am not sure that is ahead of anyone.
The Tesla financial strength was also referring to other's posts.

In a nutshell you posted "gm seems to me to be WAAAAY ahead of toyota, for example." but failed to support it.
Respectfully, myself and others were simply challenging your premise. All good.

Last edited by JeffKeryk; 10-19-21 at 09:56 PM.
Old 10-19-21 | 09:58 PM
  #24  
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Originally Posted by JeffKeryk
Refer to your post #4. You mentioned Tesla and Musk; I was responding to that.
and in my post #4, you'll see i was only responding about tesla specifically to RNM GS3, that the media etc is not against tesla/musk imo.

In your post #1, you said GM seems to be ahead of Toyota. How? they have never made a penny on an EV; quite the opposite. I am not sure that is ahead of anyone.
i believe they're ahead of toyota because they have actual real world customer experience with EVs in significant numbers (hundreds of thousands if not millions). toyota, except the ancient rav 4 ev they had and now the UX200e in europe, is it, i think. i guess the mirai sold by the handful too, which like gm, they obviously lose a bundle on.

i'm certainly not saying gm has made a bundle out of ev's or that their products or track record have been 'wow'. i know a guy who had a volt, LOVED it, it worked for his driving pattern (to/from work about 30 mi. ea way i think) and i think he only put gas in it once or twice for the years he had it. now he has a hyundai kona ev, which had to go back for battery replacement, and he's been very unhappy - yup, early adopter issues.

but i'm looking forward, not backward, and i think gm will have learned a lot from what they've done to date, they have some huge investments made for ev's, and concrete plans. they plan to ship hummers before year end even.

Respectfully, myself and others were simply challenging your unsupported premise. All good.
hopefully this (even if you disagree) is my support of it. and agreed, all good.
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