Who was the American?

The margins suck on small American cars because we still can’t beat the Japanese and Koreans when it comes to manufacturing. The other european companies can survive on “smaller margin” vehicles because their customers are disciplined and logical (compared to most American buyers) and for the most part buy what they…

Amen. Also, screw the customer is always right mentality. The majority of car buyers are absolute morons and don’t actually buy what they need.

Its a self perpetuating cycle. People get dumber and more distracted, leading to poor driving skills and more crashes. Regulators demand more vehicle safety, cars get heavier, more expensive. People ask why are cars so expensive? Why is our infrastructure failing (yes, I know maintenance is also neglected)? Repeat ad…

Which is why EVs are going to have such an issue with widespread mainstream adoption. In order for them to sell, and in order for economical models to be made, the entire thinking of the American consumers has to be altered. The OEMs can’t do this. The government can try, but will just end up pissing people off. The…

Bingo. The whole EV transition is not just about changing the powertrain of your car - for many it is a whole new lifestyle; one that requires some serious investment up front. With the middle and lower class continuing to get squeezed from all sides, adopting a new expensive lifestyle is pretty far down on the list…

Tinfoil hat coming out, but my personal theory is that many auto executives fear that personal vehicle ownership/transportation will become highly regulated, if not outright banned in the next 50 years. They’re working on self driving tech so they still have products to offer when the future of car “ownership” becomes…

Yes, except it has the exact same drive units, ergo motors. Maybe the battery packs won’t be the same, but there’s nothing special about the powertrain is my point.

Same difference - I’d be offended. 

No, but imagine Toyota charging 300K for a bespoke wagon with a powertrain from the Prius.

China’s lack of IP and abysmal demographics basically ensure that it will not be a major superpower in the next 10 years. Notice how fast companies are pulling out? The walls are going to start falling down faster than people will believe. 

Except that underneath the bespoke interior, this thing just has a lyriq powertrain. Pass. 

This feels like a step in the wrong direction. A better option would have been for GM to make Cadillac a dedicated Luxury EV Brand and slowly phase out the Gasoline versions. Bring back the good Caddy names, lets see an EV El Dorado and EV Sedan DeVille and an EV Escalade. They should be big, silent and opulent.

Funny, isn’t it?

I agree, but in regards to over promising and under delivering, the strategy really has yet to bite them. The share prices tanking are from several things, but making grand promises and not delivering are a very very small part. Announcements like this are exactly what get idiotic investors to keep shoveling money…

I was only talking about shareholders. Regulators should care, but the last 10 years is clear evidence regulators don’t have much of a purpose when it comes to companies with high evaluations. 

Because the share price still goes up, regardless if the company delivers. Why would they care?

Totally agree. But that doesn’t allow politicians and corporations to virtue signal enough. Also doesn’t matter a whole lot if developed nations try to shoulder all of the emissions on their own when developing countries are still stuck in the past (not entirely their fault, but it’s reality). Some progress is better…

Exactly. That’s why I just tell people to shut up and leave me alone with my fun ICE car. 

Bingo. The first ones are all targeted at luxury buyers because the OEMs have to recoup their massive investments in order to stay solvent. I don’t think we’ll see a true “economy” EV until the other side of 2030.