GM lays off 1,700 workers at plants in Michigan and Ohio amid slower EV demand

[Johnny2X2X]

Source: Associated Press

The Detroit News first reported the cuts on Wednesday — covering about 1,200 jobs at an all-electric plant in the Detroit area and 550 workers at Ultium Cells battery cell plant in Ohio, in addition to hundreds of other employees slated for temporary layoffs. GM later confirmed the news to The Associated Press.

Read more: https://finance.yahoo.com/news/gm-lays-off-1-700-170534715.html

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MAGA. Things are going to get ugly in this country and soon.

[turbinetree]

1. Just have to ask how many of these workers voted for a traitor to the country 34 count convicted one to boot............

FAFO ...............

[GB_RN]

2. Layoffs Which Are Likely To Be Directly...

Attributable to Cantaloupe Caligula the Corpulent’s Big Blunder of a Bill, which axed tax incentives for electrics and plug-in hybrid electric vehicles (PHEVs). So, I’m guessing that more than a few MAGAts Attributable to Cantaloupe Caligula the Corpulent’s Big Blunder of a Bill, which axed tax incentives for electrics and plug-in hybrid electric vehicles (PHEVs). So, I’m guessing that more than a few MAGAts are experiencing the benefits…reaping what they sowed.

[Johnny2X2X]

4. The rightwing propaganda against EVs has been very effective

Even gets repeated here on DU on the regular.

It's a technology whose time has come, I don't think Big Oil can stop it now, but Trump nis certainly trying for them. I think these layoffs are GM just responding to a worse economy and blaming it on EVs.

[OC375]

3. A new car is a luxury

...few can afford right now, EV or not. Wages haven't kept pace with vehicle (and other) prices for a long time. This is inevitable. The party is coming to a close, and as the Boomer cash dries up, the next generations won't have the lifetime earnings or employment stability to take up the slack. Bright side - fire sales on leased luxury compact SUVs should be coming at some point.

[Lovie777]

5. Thousands are being laid off........................

not a good sign for the USA the people and the economy.

[phxjurist]

6. Subsidies gone. People lose jobs.

[PSPS]

7. Likely won't affect the next (cooked) BLS stats, whenever they get around to producing them again.

[Buddyzbuddy]

8. What GM means to say is

because of the Republican efforts to
dis-encentifize EV purchases as a favor to the oil industry, GM has laid off 1200 workers in advance of weakened demand following the Felon's first year in office.

[bluestarone]

9. TSF, himself wiil bring America to it's knees!

While HIS congressional terrorists STAN BACK AND STANDBY!!

[Tree Lady]

10. Daughter manager Honda bay area

Said electric cars still selling well even without the extra credits.

But other new cars not selling because of the economy, selling mostly used cars.

[Johnny2X2X]

11. Yeah

I think GM is just looking to make cuts because overall, business is looking cloudy, and they figure that Trump is going to target EVs somehow, so this is where they're cutting now, but these cuts will be broader in the very near future.

It's not like perspective EV buyers who aren't now interested are going to go by a brand new ICE vehicle now, they're just going to wait.