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this post was submitted on 25 Feb 2024
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Futurology
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GM has negative margins on EVs:
https://apnews.com/article/general-motors-path-to-electric-vehicle-profitability-bba3a9cbbd2aad0953cbc113e53d041c
As does Ford:
https://techcrunch.com/2023/03/23/ford-expects-ev-business-unit-to-lose-3b-this-year-hit-profitability-in-2026/?guccounter=1
This takes seconds to research.
yeah they are pricing gouging on trucks and SUVs while designing shiti products that's expensive/hard to repair.
also tesla seems to be doing fine. GM should git gud.
If you think the repairability of American cars is bad, you're in for a rough awakening with Chinese cars.