"Let me assure you the semiconductor shortage won't slow our growth plans. How we're prioritizing semiconductors is based on customer demand." CEO Mary Barra said Wednesday. (Jan 2021) ................ aka we'll just let camaro buyers twist in the wind
GM reported revenue of $122 billion in 2020, DOWN from last year's $137 billion which was down from $149 Billion in 2016!!!! NOT A GOOD TREND WAY MORE IMPORTANT THAN 1 YEARS PROFIT from 1 time tricks. Profit figures can often be accounting tricks or cost cutting such as IDLING production facilities like Lansing (depending on the UAW contract). GM has been poorly managed for a LONG time. Pontiac and Oldsmobile GONE. Buick .... almost gone. Cadillac a sad shadow of the once standard of luxury for the world. The 2 best cars they built in the last 25 years were never sold > the Cien and the 16.
As far as electric they're just glorified golf carts that are too pricey and inconvenient for the mass market. All car makers need an intelligent mix of gas/electric, not one or the other. The FACT is they run on dino-juice too, their electricity generated by nat gas! (I was in on the tesla IPO)
GM's market share in 1980 was 62.6% now it is 17.3%
That is lousy customer relations and ignoring HALO products like Camaro!
MY MAIN POINT > since factory orders are less than 5% of buyers, all of us should get our ORDERED/money down cars produced 1st! Before anything is produced to sit on a lot! THAT IS JUST COMMON SENSE and good marketing! All dealers large or small have employees that need revenue!!!!!!!!!!!!! I am walking since January