Dusty
Well-known member
- First Name
- Mike
- Joined
- Jul 29, 2021
- Threads
- 7
- Messages
- 696
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- 2,203
- Location
- Lorton, VA
- Vehicles
- 2023 Model Y Performance
- Occupation
- Creator
Agree. When Ford announced the 'battery campus', saying it was going to be paid for using their projected profits I knew they were full of it. Ford sales overall have been dropping for years. GM is also spending money they don't have and operating 8 years behind the leaders.The government will most likely bail GM out and taxpayers will be stuck with another GM > $11.2 billion loss. Mary Barra will receive a golden parachute...
Legacy U.S. OEMs are going to say that the Gov't EV push and climate mandates forced them into a position of bankruptcy. All while ignoring the fact that they, themselves, started their EV push a day late and a dollar short.
Then after the bailout they will keep limping along with a generation behind everybody else products like in the 70s to most of the 90s.
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