The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
581 reposts1.2K likes
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
581 reposts1.2K likes
I know how this will affect the mainline workers, dealerships & office staff but what I really want to know is how will the CEOs & board members adapt? Will this truly hurt the company as a whole or will it just facilitate some sweet buybacks in the near future. Has GM done the "Chapter 11 Shuffle"?
This junk ass automaker is a prime example of the evils of vampire capitalism and should've died years ago. Last count 124 dead over a 48 cent switch. www.atlantamagazine.com/great-reads/...
The media, if they did their job should find these people and see how they feel now. Corp media won’t so maybe independent media should. @meidastouch.com
They sold out to wall street and stopped letting good engineers building great products for its customers. Their own greed and hubris are destroying them. There are lessons here. First how could a software guy with zero experience in building cars build Tesla and where was GM when this was happening
Only the start. The trickle down on tariffs will affect many industries. All input material tax, direct like the copper tax, or indirect by general tariff, will decrease manufacturing output and increase prices. unemployment early next year Inflation is coming and will hit double digits by March 26.
Trump fucked US automakers. Stupid people believe that Republicans are good for business (Republicans are terrible for business). bsky.app/profile/gtco...