Get ready Detroit for the General Motors electric Cadillac

[Richard]

When Eisenhower was a young lieutenant,he was in the first military convoy in the United States to travel a non existent highway system coast to coast,after serving in WW2 and admiring Germany’s autobahn system,he felt that was the best system.

So when he became president he established the federal highway act that slammed highways through the center of every city with zero thought of unintended consequences.

So while we are hell bent on saving the planet at any cost,we also need to be paying attention to what that cost really is and the ramifications of,just do it.

The UK just upped their deadline of eliminating all diesel powered vehicles by 2025,it is already 2021 and everybody seems obsessed with that 2025 deadline,anybody figured out yet where the trillions of dollars is coming from,let alone the rare earth materials that China will have a majority control over by then,and will be dictating as to the supply and cost.

Just sidelining trillions of dollars of fossil fuel infrastructure at 40% world wide in the goal of 4 years is going to throw the world into a tizzy,entire countries that are oil dependent on their base revenue will collapse throwing hundreds of millions into poverty.

What happens to GM or any automaker for that matter that takes a 40% loss,at the very least what about the current purchases of $75,000 trucks on 7 year payment plans that by the automakers own design will at that time be obsolete.

If this build it and they will come,if not we will force them to,attitude can very well backfire.

Lets face it,how many electric car companies does one really need anyways?

Cars already look the same no matter who the manufacturer is,bet cha China can produce and export electric cars here at a 1/4 of the cost of a GM or Ford,o wait they already are.

Hell for $1000 you can already mail order a drivable Chinese electric car,order 6,if one breaks just throw it away and assemble another.

Little junk boxes,but they look good and for the urban dwellers,what more do you need to get from point A to B,beats a bicycle.

[Henry Whalley]

... highways through the center of every city with zero thought of unintended consequences.

Not to mention that GM killed off our streetcar system.

[Richard]

Not to mention that GM killed off our streetcar system.

Watch they will use lessons learned from that and do the same thing,they are all about mass production and market share,it’s the only way they survive.

See how it plays out.

Gas goes back up to $5 per gallon or more.

EPA restrictions make any car over 5 years old costly to upgrade,like California did with the “clunker” program.

States will implement strict emission standards on top of the EPA with testing sites.

Those still left driving fossil fuel cars will be taxed a green energy tax that will be more then the value of the car.

The insurance companies will jump on the bandwagon and charge an extra fee for gasoline powered cars.

So sure you will have a choice but not really,even more so those in fixed income or low income who will not be able to buy a $30,000 EC. So they can walk,but on broken roads because the base is fossil fuel.

The most interesting part is GM itself can cut its workforce by 3/4 because they will follow the path of Germany and use the new technology to where it only takes a couple of hundred to run a factory.

No more union,Michigan also looses billions a year because they also supply the rest of the country with replacement parts for all of those cars they are wanting to eliminate.

Just because you can does not mean you should,that was the whole purpose of the bailouts,they were not to save the companies they were to keep people employed.

Now that everything is hunky dory making record profit it is time to take control and workers be damned.

Not to sidestep into politics in this thread but the next four years is going to be the realm of large corporation control,look what is already happening,large corporations are considered essential businesses and the mom n pop are not and the more that happens the more record profit the majors see.

When we look at the trillions of dollars that are going to be pumped into all of this,who is going to pay for it and how,it will not be the large corporations,they will be the ones collecting the grants etc.

If a shoe shop changes the way shoes are made and now needs less employees to make the same amount of shoes,is that better for the country as a whole when you have now created a force of people that with no job cannot afford to buy the product?

I am not buying it that GM says we are going to make 40% of EV cars,they cannot because it is not enough to offset the competition that will jump in,they will have to either eat the losses or get more taxpayer offsets to cover it.

Then it will be not only will people be forced to drive EVs it will be much more expensive to do so,because on the back end they are having to pay more taxes to the manufacturer so they can build them in order to sell them to you.

So you end up paying them to build a car,that they will then sell to you.

[motorcity]

Lets face it, how many electric car companies does one really need anyways?

Great question and dovetails on my prediction: Elon Musk is planning a move to takeover I mean "merge" with GM.