GM’s $280 Billion Bet on EVs

GM’s $280 Billion Bet on EVs | The Circuit

Рет қаралды 181,462

15 күн бұрын

Emily Chang meets General Motors Chief Executive Officer Mary Barra in Detroit for a look at her ambitious plan to transform the veteran automaker into a fast-moving tech company. Barra and Emily visit General Motors’ new design center and discuss the EV race, competing with Elon Musk and China, and how Barra thinks about the future of the automobile industry.
#GM #EVs #Bloomberg
--------
Like this video? Subscribe: kzfaq.info?sub_...
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: www.bloomberg.com/subscriptio...
Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.
Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.
Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.

Пікірлер: 570

@BoiAli 13 күн бұрын

Tell me this is propaganda for GM, without telling me it’s propaganda.

@jashanvirsingh2166 8 күн бұрын

Every news is a propaganda, but u never complaint. Now , why so much against gm ¿

@rollie5579 7 күн бұрын

DEAD MONEY FOREVER

@ensteffo 6 күн бұрын

@@jashanvirsingh2166 Sounds like you have stocks in GM.

@Victor-yb1iw 5 күн бұрын

Bloomberg is all about propaganda for that matter

@jashanvirsingh2166 5 күн бұрын

@@ensteffo no , im just revealing facts .

@jeffgorchynski 13 күн бұрын

And once again, GM proves themselves as a marketing company rather than an EV manufacturer.

@aaronkim6084 13 күн бұрын

how so? Mary lead the EV revolution. you can ask our dear president Biden.

@khunopie9159 7 күн бұрын

Yeshiva Beth Yehudah’s Annual Dinner, Oct. 24, Will Honor GM’s Mary Barra Rabbi Shragie Myers, executive director of the Yeshiva, said the dinner showcases the partnership between private philanthropists, business and community leaders. Nuff said. Quota filled

@normt430 7 күн бұрын

Their portfolio is one of the broadest in the North America unlike Tesla who only sells a few models and is more like Red Bull, a marketing company that sells a energy drink.

@rollie5579 7 күн бұрын

DEAD MONEY FOREVER

@straighttalk2069 7 күн бұрын

@@normt430 There is no point in having a broad portfolio if your vehicles under perform and no one buys them. Tesla has less models but their Tesla Model Y was the best selling car in the world in 2023. The world has spoken with their cash and no amount of KZfaq comments will ever change that.

@thomascrew8268 13 күн бұрын

When you believe your own BS you are doomed.

@jasonlucas2328 11 күн бұрын

Elon Musk proved it. After fooling people for so many years to pretend to be a liberal and getting the subsidy from CA, he came out of the closet.

@z.z.onichi5365 11 күн бұрын

😂😂😂😂😂 fact

@shepherdsknoll 5 күн бұрын

No, GM has to the end of the year to overtake Tesla.

@notsecure 13 күн бұрын

GM sold 75k EVs in 2023, A MILLION in 2025? yeah...

@MyUniversalUniversity 13 күн бұрын

Impossible🤣🤣😂😂😂😂😂😂🤣🤣🤣🤣🤣🤣🤣😂😂😂😂

@sabathrodriguez 13 күн бұрын

Tesla sold 75k EVs in 2017 and 376k in 2019. GM knows how to manufacture. It’s 100% possible.

@vorlon81 13 күн бұрын

She just forgot to say most of it will be in Chyna.

@wolfgangpreier9160 13 күн бұрын

@@sabathrodriguez No it is not possible. Tesla has bought all available batteries. Ford and GM don't even get the scraps.

@-NKVD- 13 күн бұрын

Кому они нужны , куда ехать?

@RichReportcom 6 күн бұрын

GM sold 2,093 Hummer EV in 2023, and Mary Barra has the audacity to act like it's a victory lap 🤣

@bunsw2070 4 күн бұрын

It only takes 48 hours to charge.

@RajDeelish 3 күн бұрын

No one wants EVs in 2024, so did it really matter how many GM made?

@GET2222 2 күн бұрын

She is a joke.

@ChickensAndGardening 2 күн бұрын

It's not necessarily a bad move, if they can build on the experience to create better (and more affordable) EV's in the future.

@user-mp3eh8fk8q 2 күн бұрын

Meanwhile over 5000 Cybertrucks were made in 5 months.

@johannesdolch 3 күн бұрын

Mary Bara truly is the Pioneer of EVs. Who is this Elon Musk guy .... On a related note: When is the next GM Bailout planned?

@damongnojek3912 13 күн бұрын

Yet, she took the Department of Energy money, cancelled the Bolt, cancelled the factories and used the taxpayer dollars for a buyback.

@leonadams1053 13 күн бұрын

Her actions speak so loudly that I cannot hear her words.

@USNEM 13 күн бұрын

And Elon just took millions and fired the entire supercharger team. Whats your point?

@damongnojek3912 13 күн бұрын

@@USNEM millions. The Biden DoE has given 27 billion to the big 3 already. 2 billion in grants for “labor negotiations”. They literally gave them money to fight the unions.

@MBarberfan4life 13 күн бұрын

Gooberment Motors

@gbmoney8746 13 күн бұрын

Tesla builds superchargers for significantly less than all competitors so the government would actually save significant money if they only gave grants to Tesla superchargers.

@lumivalkosnow 3 күн бұрын

You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life

@steliosmormoris1 3 күн бұрын

Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.

@kiimi.kls0 3 күн бұрын

I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.

@jesus_inco 3 күн бұрын

How ..? Am a newbie in crypto investment, please can you guide me through on how you made profit?

@Charlotte03849 3 күн бұрын

Thanks to Mrs Maria Davis.

@keithcarvey48 3 күн бұрын

YES!!! That's exactly her name (Deborah Davis) so many people have recommended highly about her and am just starting with her 😊 from Brisbane Australia🇦🇺

@user-pi1fy5dd9h 12 күн бұрын

GM : 1 Million EV cars by 2025 Tesla : ok

@gleitsonSalles 10 күн бұрын

Tesla production and sales are falling you know that??

@user-pi1fy5dd9h 9 күн бұрын

@@gleitsonSalles at least they had sales to compare themselves.. lol

@watchyoursix8841 9 күн бұрын

@@gleitsonSalles GM sales were also down for Q1, did you know that? Car sales go down when the economy is bad, did you know? Tesla production was down in Q1 YOY due to the ramp of the updated Model 3, and factory shutdowns resulting from shipping diversions caused by the Red Sea conflict and an arson attack at Gigafactory Berlin, did you know? What's GM's excuse? Oh... it's because GM's cars aren't selling, and they're losing money on every EV they sell. Tesla is the only US manufacturer that makes a profit from EVs.

@apterachallenge 5 күн бұрын

@@watchyoursix8841 Yes, and Tesla is still on track to make 2 million cars a year. What's GM's target again?

@droomagon 5 күн бұрын

@@gleitsonSalles i couldn't agree more, and i also need you to acknowledge that TESLA is still a profitable company with positive balance? how about GM? they are billions in debt

@Shane-zl9ry 13 күн бұрын

Can't wait for the $25k Hummer 👍

@sblock1111 13 күн бұрын

My last hummer cost me $75.00

@the80386 11 күн бұрын

@@sblock1111 from ToysRuS?

@Carguytct 8 күн бұрын

There is a 25k hummer. It's a Hummer golf cart.

@JorgeJimenez-tz2ms 11 күн бұрын

Why warren Buffett dumped all the GM Stock? That's the question to ask

@bekind2047 7 күн бұрын

He mentioned all their obligations to retirees. They are in the books - old promises which have to be payed now. Money they can’t give to their stockholders.

@davidbolt5113 7 күн бұрын

Look at the stock price then ask yourself the same question. There is no reason GM stock isn’t much higher. Buffet has stockholders, too.

@jmarxful 4 күн бұрын

Probably the same reason he never bought Tesla.

@greggd7008 13 күн бұрын

A very expensive new building filled with concept mockups lol. It’s all about appearances and attempting to control perception. No substance. All smoke and mirrors.

@cybertrade7908 3 күн бұрын

Looks very old fashioned to me ... for example, every single car in that building has a steering wheel .... why?

@28704joe 2 күн бұрын

A new design building "filled with concept mockups" . Why would concept mockups be in a design building ? I wonder.

@skierpage 13 сағат бұрын

GM will sell 9 different EVs in 2025. The key is how many of each.

@HelloWorld-hb7yt 13 күн бұрын

That's a $30m a year smile. I have invested in gm for 10 years. And it's gone up less than inflation

@jasonlucas2328 11 күн бұрын

She worked hard to get to where she is now.

@gleitsonSalles 10 күн бұрын

The dividends are worth

@jacqdanieles 6 күн бұрын

Why hold the stock for 10 years when it's performance is mediocre?

@2011blueman 5 күн бұрын

@@gleitsonSalles No they're not, the dividend yield is only 1%. You'd be far better off buy the VOO or SPY ETFs.

@capri2673 4 күн бұрын

Just sell and buy and S&P 500 or global equity ETF.

@michaelschneider- 13 күн бұрын

" HARD WORK BEATS TALENT IF TALENT DOESN'T WORK HARD" .. - Son of GM CEO Ms. Mary Barra

@vulpixelful Күн бұрын

This whole video is to save the stock price. Ultimately, GM doesn't have the risk appetite to deliver and commit to affordable EVs. Some are still waiting on that base trim Equinox EV

@zzappligator 5 күн бұрын

“All in” on EVs, while I’m getting GM ads for their ICE cars 🙄

@scramble111 2 күн бұрын

Emily wound up and hurled a handful of cotton ball questions at Mary with all her might. Mary responded to her brutal attack without flinching at all.

@rcp2bTube 13 күн бұрын

An empty suit singing Swift - that sums up the gigantic GM leadership hole perfectly.

@rcp2bTube 13 күн бұрын

"Shares of General Motors opened for trading at $39.63 on the day Barra took over as the CEO of the company. An investment in the company at the time would represent a return of 21.3%. For comparison, the SPDR S&P 500 ETF (NYSE: SPY), which tracks the S&P 500 Index, returned 176.1% over the same time period. Tesla has been the leader in electric vehicle production in the U.S. and its shareholders have been rewarded. The same $1,000 invested in Tesla on the day Barra took over as the CEO of GM would be worth $22,674.25 today. This represents a return of 2,167.4%.

@jed2049 13 күн бұрын

ouch, painful indeed.

@msb3559 5 күн бұрын

Most people don’t understand how hard it is to build software. Even the people who are leaders in software industry struggle with it everyday. You can’t design it, you can’t prototype it, it’s continuously evolving, hard to maintain, becomes obsolete in matter of months. With the amount of software in future cars, very hard for companies to survive who aren’t software engineering as core competency.

@gauravdewan6126 Күн бұрын

Tesla is leaps and bounds ahead of these dinosaurs. But atleast they are trying so A for effort!

@paulcontreras3264 4 күн бұрын

Drove a Toyota Hybrid as a rental last year for two weeks. I was sold on it. If I had a second car perhaps I would go EV but I only have one vehicle that I depend on for everything. Not that comfortable with the range and availability of charging stations yet.

@johnpublicprofile6261 2 күн бұрын

Genuine question: How many miles do you need to drive in a single day (excluding a once a year event)?

@JohnPMiller 13 күн бұрын

My top priority is safety, which is why I have a huge golden parachute!

@nathanroberson 13 күн бұрын

Ok @9:30 GM bought the pat. For Li-ion cells. And made sure they were only lic. for small electric consumer devices. Effectively trying to crush the EV car development. A real shot in the gut to EV progress. Why was this not talked about?

@damartimantilla 8 күн бұрын

The media treating GM as if they had any relevance in the EV transition..😂

@charlespatrick8650 Күн бұрын

GM is the only one offering a new EV for under $20k (after the $7,500 Federal EV credit) outside of China with the Bolt, which is coming back next year after retooling for the new Ultium platform ⚡️

@SpockvsMcCoy 6 күн бұрын

The "Design Center" referenced is a large addition to the 1950s original on the campus of the General Motors Technical Center in Warren Michigan. That space was previously a parking lot for employees. Originally the space was used as a backdrop for publicity photography for new cars... with light poles and manicured trees in an almost courtyard setting. The 1950s through 1970s era was GM's pinnacle of design leadership. Numerous classic vehicles were produced such as the Tri-Five Chevrolets, 1961 Impala, 1963 Riviera, 1963 Corvette, 1965 Coupe deVille, 1967 Camaro, 1971 Grand Prix, 1976 Seville, 1979 Riviera, etc. Then GM design went downhill in the 1980s and 1990s with the 1984 Deville, 1986 Eldorado, 1990 Lumina, 1992 Caprice Classic, "Dustbuster" minivans, Pontiac Aztek, etc. ...vehicles openly mocked for bad design. Mary Barra has turned around GM and made it profitable on a per unit basis... and she wisely dumped the money losing Opel, Vauxhall, and Holden brands. But the result now is a much smaller share of the American market...from once over 40 percent to approximately 16 percent.

@landcruiser801 4 күн бұрын

How big is the American market now compared to from back in the day?

@TechFollower 4 күн бұрын

People just want cheap affordable EV with affordable charging infrastructure...all companies are currently professional jokers... because they don't know what people basically wants

@brunorivademar5356 23 сағат бұрын

They know what people want they just can't deliver it. EV's are and will always be expensive. And total trash 😂

@nanding7401 13 күн бұрын

They just don’t have the battery supply chain needed to build EV. Also exterior design doesn’t matter much compared to interior function.

@MyUniversalUniversity 13 күн бұрын

The are losing huge amounts of money.

@OneManOnFire 12 күн бұрын

They invested in Lithium Americas in 2023 what kind of supply chain issues are you talking about? They have 3 battery plants 1 is operational and 2 are under construction.

@metricstormtrooper 11 күн бұрын

They could give Eveready a call.

@gleitsonSalles 10 күн бұрын

@@OneManOnFire Ald also, they have the deal with LGchem

@barterdog 18 сағат бұрын

I have an Equinox EV coming and have had a bolt for 2 years. I love the Bolt EUV and hope the Equinox is even better. It has the feel of a regular car that meets all my expectations.

@Effervescent_Smegma 6 күн бұрын

Tell Mary Barra to bring back the Bolt EUV. 😇

@charlespatrick8650 Күн бұрын

they're bringing back the Bolt next year after retooling for the new Ultium platform

@davidrandall2742 8 күн бұрын

Fourteen months commuting in my '23 Bolt euv Lt; it's saved me a bunch of money, and has had zero problems. Orion assembly did a great job.

@JensSchraeder 5 күн бұрын

Wait 6 months.

@pseudonymous1382 5 күн бұрын

@@JensSchraeder What would there be to change? The cabin air filter?

@universeisundernoobligatio3283 4 күн бұрын

The important bits were made in Korea .

@dane9193 3 күн бұрын

@@JensSchraeder Wait 6 months for what exactly? I've had my 2022 Bolt EUV Premier for two years exactly, as of today actually. It's been the best car I've owned, and I've owned every brand of GM over the years, including a 2 year old CTS. We also have a 5 year old Volt and that has also been a rock solid car. So what, exactly, are we "waiting" for? As far as I'm concerned, the only thing we're waiting for is for all of the misinformation out there and FUD to be ignored because that's just what it is. Misinformation! GM's EV's are GREAT vehicles and I'm looking forward to what is to come.

@tonyflores2308 6 күн бұрын

I bought a 2017 Volt PHEV and it has been the best car I've ever owned. I still get up to 55 miles of EV range of city driving. And I buy gas around two time per year. It's very low maintenance also, for example, I have not changed the brake pads yet. They are not used most of the time while braking, since I use the regen brake paddle. Too bad it got discontinued, otherwise I would buy a new one again. Best car ever for this senior citizen!

@cammitchell5732 12 күн бұрын

Yuck, what a sappy (I can’t call it an interview) thing

@MrG90210 5 күн бұрын

Ev is the future and friendly reminder gas prices are edging up again . OPEC depends on you the consumer so they will lobby to maintain status quo . Ev’s is our leverage against greed from oil companies.

@aquaritinturf3686 8 күн бұрын

Chevy Volt is the best car ever made. I have 2 of them. A 2013 and a 2017. Both have done over 125,000 miles. Hardly any maintenance. Pity they stopped it

@anthonyballog8026 9 күн бұрын

Gm had it's chance to be a tech company but waited too long. There is NO competition in the electric phase that is happening. Tesla has the best ai. Just learned inference. I'm old but always learning.

@fetB 3 күн бұрын

more accurately, they made the EV1 and would be now market leader (without the need for propaganda), but they stamped it and took it from happy customers

@skierpage 13 сағат бұрын

Cruise driver-less robotaxis were actually picking up passengers and driving them to their destination, something Tesla has never done. Tesla is doing impressive work in AI, but it's not there yet.

@Starship007 4 күн бұрын

I visited Japan recently. All the new cars , no junkers primarily cuz of tough emissions. But Japanese value the newest safety innovations in newest vehickes vs USA customers take style over safety. Tesla makes the safest cars in the world

@hkim9151 3 күн бұрын

GM don’t even have $280 billions , which bank would lend such a sum to them ?

@super8mate 14 сағат бұрын

8:07 The biggest reason for safety is so we won't feel bad if someone dies. Pain and suffering of the victim and their family are lesser details.

@imtheonevanhalen1557 5 күн бұрын

2023 Lightning Pro owner.....don't hesitate to go forward. My power bill went up $25 per month, my gasoline bill......zero

@kradius2169 5 күн бұрын

... And your insurance?

@doloresstaana744 13 күн бұрын

Many years ago my shares ofGM disappeared when they have reversed stock split. It ate all my shares of GM. I can't forget what GM has done to me All my shares disappeared.

@bencrilly209 8 күн бұрын

Meanwhile Tesla FSD is driving me to job sites with no interventions so like Elon said anything else is like owning a horse

@-What-are-your-thoughts Күн бұрын

Shouldn’t they figure out how to build the cars now without recall before moving on to evs.

@tipoomaster 5 күн бұрын

Now do Tesla, by far the US EV leader

@Dive-Bar-Casanova 12 күн бұрын

Tell Mary we need sunshades in the glass roof EVs. The UV tint won’t cut it here in the Southwest.

@dlewis8405 12 күн бұрын

I live with my 19 year old son. Last year we bought a 2015 Chevy Cruze for him and a 2015 Nissan Leaf for me. Both vehicles cost $8500. It would be great to have an EV like that Cruze in terms of size with a range of 250 miles. And have it sell for under $35K.

@robertlee8805 11 күн бұрын

Now that's something I'd buy. I had a Honda Civic Hatchback. Loved that car. Missed the designs and feel. I would've tried out the Chevy Cruze if they'd kept producing them still. Maybe they'll come out with an EV someday.

@ChickensAndGardening 10 күн бұрын

We just got a '22 Leaf for our 19-year-old and she loves it. $13.6K and it drives great. In fact I want one for myself. She's in college but lives at home, so I do take it out for a spin occasionally.

@dlewis8405 10 күн бұрын

@@ChickensAndGardening I love the appearance of the Leaf after the 2018 model refresh. It looks like a normal car with sharp lines.

@robertoswald4861 10 сағат бұрын

An interview worthy of a Russian state television station interviewing a Soviet-era Commissar for Industry in say, 1973.

@user-io4sr7vg1v 9 күн бұрын

Despite the evidence 'full speed ahead'? I disagree with that and don't think it will work.

@john-ug7nc 5 күн бұрын

I get a funny feeling that 60 minutes is behind this whole thing.

@nicholas6789 13 күн бұрын

People should give her a break. How many of us can step up to run a 100 year old car maker? She inherited a mess but the company is in a better place now.

@jglee6721 6 күн бұрын

She is a bigger mess.

@larryb8821 17 сағат бұрын

The AV market is a potential Trillion $ market for the winners. I'm glad to see Mary and the team going for it.

@unreliablenarrator6649 6 күн бұрын

Is Bloomberg not the PR division of GM?

@YYZ88YYZ 5 күн бұрын

Who buys GM? Especially EVs😂😂😂

@theodoreolson8529 4 күн бұрын

1:15 Can any car expert tell me which model this car is (was)? Thanks KZfaq.

@Thomas06992 6 күн бұрын

Bring the Bolt back!!!!

@charlesbannerman106 10 күн бұрын

Is Bloomberg an investor in GM?

@mowensmd 6 күн бұрын

They are a trading platform that uses media to manipulate for trades.

@Rickbass2481 13 күн бұрын

Mary, please, please, please don’t abandon Android Auto and Apple CarPlay. When you are a two car family and both of your vehicles have Android Auto and Apple CarPlay it makes switching between them effortless and relaxing. We are the proud owners of two Bolts and we love what you’re doing except for abandoning Android Auto and Apple CarPlay 😊

@gregcollins3404 13 күн бұрын

I love my Chevy BoltEV - except they should have named it the ChevEV

@ChickensAndGardening 10 күн бұрын

or just ChEV?

@rp9674 7 күн бұрын

Destroyer of Worlds... ev

@desertmodern7638 5 күн бұрын

I've never owned a new American car, and in my search for a replacement vehicle I've driven several EVs in the last few weeks. The Blazer EV is the one I can't get out of my head. I had avoided it due to the somewhat overt styling elements inside and out (which I'm getting used to). But the content for the money and materials quality as well as the control layout really impressed, as did the strong AC front and back, and the solid, refined feel of the car on the road. I drove the base 288 hp, 279 mi range model. This is the first American-branded car I've considered in years (not counting the occasional thoughts of an F-150 that I really don't need). Great car.

@3markaw 3 күн бұрын

One of my supervisors has the non EV Blazer. All I hear is they love it.

@martinsoos 13 күн бұрын

GM killed every electric car they ever made, from the first EV-1 that they refused to sell at even twice the manufacturing cost, and they were offered 1 million for one of their EV-1's and turned it down. To the Volt that now has a tailpipe, to the Bolt that went up in flames, and how does that not remind them of the Ford pinto, at least Ford dumped the name and car entirely. Until they fire every electrical engineer at GM, they will always fall short of reliable. Until GM roots out all in their staff and on their bord that are tied to big oil and willing to sacrifice the company for their own profits, GM will always fall short in profits. Total Debt(mrq) 124.62 BILLION, Yahoo Finance posted May 1, 2024.

@OneManOnFire 12 күн бұрын

Toyota holds the title of the world's most indebted company outside the financial industries, with a debt of $221.13 billion.Jan 28, 2024

@martinsoos 11 күн бұрын

@@OneManOnFire With interest on that debt rising that is going to hurt.

@OneManOnFire 11 күн бұрын

@@martinsoos The Japanese yen is currently hurting right now so the American dollar will get you more.

@Schroefdoppie Күн бұрын

Oh, and don't forget to park your Bolt outside. It might spontaneously combust😂

@beautyofgrace3915 13 күн бұрын

Just bought a 2018 Chevy Volt, these cars are so underrated, GM need to bring it back, it is a great car.

@OneManOnFire 12 күн бұрын

Sadly China has a new plug in hybrid Equinox

@kevinl20082008 8 күн бұрын

Two grown women acting like a little teen. Turned it off after 2:40.

@alexander98502 5 күн бұрын

She should have stuck with Trevor Milton from nikola. Who validated her ev strategy. It would have made a difference with stick price

@skierpage 13 сағат бұрын

Trevor Milton was sentenced to four years in jail for outright investor fraud with all his lies! GM negotiated a great deal to supply some pickup truck chassis and its hydrogen fuel cell technology that nobody wants to Nikola, but it suffered the reputational hit for getting involved with a bunch of scammers.

@Syifa_L 13 күн бұрын

As an Indonesian, I have more confidence in the quality of Chinese electric vehicles 😊

@MyUniversalUniversity 13 күн бұрын

Tesla is in Chinese

@JigilJigil 13 күн бұрын

Their electric vehicles are junk, why do you think they are so cheap?! Low quality parts + + Gov subsidies + Bypassing QC standards = Chinese EV

@nathanroberson 13 күн бұрын

@@MyUniversalUniversity that’s faults. Ford & GM must be Mexican then to you.

@StatMachLearn 3 күн бұрын

Chang is the best. She knows how to engage the guest, asking uncomfortable but pertinent questions when necessary.

@dillonrohe4988 3 күн бұрын

If (when) we do finally have flying vehicles, make sure that they can transition into driving in traffic on the street. Flying vehicles - unless some Star Trek level no-dust-stirred-up-by-downdraft technology is developed - will not be allowed to land just anywhere. Most of the flying vehicles being developed today are essentially drones, and they have significant downdraft that will be the focus of MANY lawsuits if they try to land these things on regular city streets where people are walking around. There will need to be "landing zones" for the flying vehicles where they then transition to drive on the street like normal land cars.

@MADMAX7330 12 күн бұрын

Mary Mis-Led 😕 This is a paid for advertisement for GM, and it's a cover up for their lies back in 2020 when they said they'll be EV leaders in 2023.

@watchyoursix8841 8 күн бұрын

GM also said that they'd catch up to Tesla and manufacture 1M EVs annually by 2025. GM thought Tesla would be standing still, but Tesla produced 1.84M in 2023. GM sold less than 17K EV in Q1 2024, and they're cutting back on production. I'll be surprised if GM even produces 100K EVs in 2025, let alone 1M.

@tomsolitario 5 күн бұрын

in 10 minutes I've seen the same ATT advertizement 3 times...Get real and be reasonable. It makes Bloomberg look greedy, it doesn't do well for the GM brand, and it's frustrating as a KZfaq user.

@Starship007 4 күн бұрын

As cars approach an average new car price of $45,000 many have gone back to cheaper less than $30,000 gas sedans from Toyota, Nissan, and Honda. Big 3 stopped making sedans as not profitable.

@roytoy Күн бұрын

Bravo! This fantastic leader has the right idea. I would be honored to work under her leadership. Her answer on her being the only female CEO of a global company of this size is a breath of fresh air in such a polarizing world.

@sconescrewdriverson 13 күн бұрын

I crashed my Toyota Echo. It may seem like that has nothing to do with GM or its future, but if Mary and her team don't keep in mind their role in the car market as a whole, they're going to have a tough time in the future. They need to improve their affordability and quality, so that they can have a strong used car market that advertises for their new cars. A strong used car market is what makes Toyota, Honda, and Subaru so successful. The car segment is shrinking every year because GM and Ford decided to focus on crossovers, trucks and SUVs instead. It's only a matter of time before people are no longer able to find an affordable proper car for their daily needs.

@danielzhang1916 9 күн бұрын

it's a cost issue for everyone, people aren't willing to pay $20k more for EV, when a hybrid does 95% of the job, until the price comes down enough, this will continue to be a problem, the automakers need to figure that out

@watchyoursix8841 9 күн бұрын

@@danielzhang1916 The average sale price of a car in the US is over $47K. Some Tesla Model 3 and Model Y are below the average sale price, before the $7,500 rebate. Tesla has already figured it out, since Tesla is the only US manufacturer making a profit from EV sales. Tesla even opened up their patents so that other car manufacturers can use them to accelerate EV manufacturing to lower costs, but US manufacturers have not followed.

@tsancio 11 күн бұрын

Compare the Price/Earnings ratio for GM (5.48) vs Tesla's (46.34) and then wonder why the market thinks they are in different businesses.

@jasonlucas2328 11 күн бұрын

Because Elon Musk lies! It's like Bernie Madoff. Before Madoff was caught, everybody thought he was a genius. Is it the same for Musk?

@rwhirsch Күн бұрын

"you electrified the whole auto industry....you led, and it matters"....what a joke. and how is she in the automotive hall of fame and elon isn't...insanity.

@Munich81245 13 күн бұрын

I'm ordering a Tesla Model 3 Highland from Shanghai later this year. I'm still speculating on "falling prices" in the most marginalized country in the Western world. Germany

@kradius2169 5 күн бұрын

... Does the Highland have mechanical door handles for the rear passengers?

@Munich81245 5 күн бұрын

@@kradius2169 i think yes but normally nobody will sit at my rear seat

@nickwulf 13 күн бұрын

"GM is up like 12% in the last ten years” - Lots of reasons for that, from overseas markets being unprofitable, to losing money on sedans and compacts for 25 years in a diminishing market, to poor reliability in comparison to Japanese vehicles long ago. Can’t pay UAW workers what should be because $120 billion of debt from the last 40 years. “We’ll go bankrupt…” , yeah because of poor design decisions and quality perception from 1996. I’ll give Mary a break on all of this - she wasn’t making the decisions that led to all of this, and I respect her for recognizing what GM needs to do to turn it around. The buybacks are some evil greed type stuff tho, Mary. So, anyway I look forward to see the new revolutionary vehicle designs and bold moves that’ll make Sandy Munro smile. Move on from the mistakes of the past, like 96 Chevy Blazer, and Lumina or 2002 Monte Carlo or Impala, or the Avalanche - I guess GM isn’t making any sedans anymore but what I’m saying is choose better visually appealing designs, (the new Colorado looks nice) better handling and suspension (teslas doing it) we all want to see GM thrive, you can do it Mary.

@Nick-gj6je 13 күн бұрын

Buybacks are not evil, not sure where you heard that

@nickwulf 13 күн бұрын

@@Nick-gj6je 1. yes, they are 2. didn't hear it anywhere 3. with the one exception being guarding against acquisition, share buybacks are using company profits to prop up share price short term and add nothing of value. Spend that money on R&D, capitalcapital expenditures, pay off debt

@nathanroberson 13 күн бұрын

They said in the interview, they put her in place to be the face of GM for the beginning of its demise as it faced it largest recall and they needed her to go give a testimony.

@nathanroberson 13 күн бұрын

@@nickwulf why are you against buybacks?

@vigneshwaranms Күн бұрын

"Why was the interviewer so different during the Google interview?"

@Reecepbcups 7 күн бұрын

1:17 "she is going all in on EVs" selling gas cars does not seem very all in

@Ed-sh8jt 6 күн бұрын

How many people can afford or need a 300K Cadillac?

@almac9203 6 күн бұрын

The problem is people that can afford $300k wouldn't buy a Caddy. That's Rolls Royce and Bentley money. Waste of R&D money to go after that market

@kalipotmeng 9 күн бұрын

The movie shows the bling bling design studio, but it's the factory that brings the scale and viability. Where are the robots?

@skierpage 13 сағат бұрын

The video explained that was the production line for the hand-assembled $340,000 Cadillac Celestiq. GM has plenty of robots in other factories. It would be nice to see the factory where GM needs to produce 100,000s of the Chevy Equinox if it's really going to sell a million EVs.

@ronaldgarrison8478 11 күн бұрын

5:32 Yes. Exactly my feeling.

@user-cq9ph5pz1j 13 күн бұрын

Resignation in 6 months?

@drulifson 13 күн бұрын

Just waiting for another government bail out. You led Mary

@leonadams1053 13 күн бұрын

…and it mattered

@mkim8860 12 күн бұрын

GM looks like to me honestly they are trying their best. their recent vehicle design is awesome! their earnings keep beating quarter by quarter. I hope they keep their best in the future.

@concentricvoid 5 күн бұрын

This is the first Mary Barra interview I've seen where she comes across as being genuine, not just mouthing talking points.

@marijaknezevic98 3 күн бұрын

Wow long time ago gm made some designs. Interesting that nobody is telling ceo that new cars are garbage

@LAURABOHDAN 5 күн бұрын

Fine dinning at one of Detroit’s best restaurants as Rome burns. Love Laura

@ctbt1832 Күн бұрын

I think I would’ve used a different person to do the interview

@davidbolt5113 7 күн бұрын

Did I see the Buick Wildcat EV as one of the new vehicles?

@fg-zm2yu 5 күн бұрын

Why do you need to accelerate to 100 km/h or similar in miles below 5 s? It has no sense as an spec, specially in a city where you can hit someone.

@videosuperhero100 13 күн бұрын

"All in" would be at the very least 50% ev sales... and it's more like... nothing even close. This is clearly not journalism... this is a paid advertisement yet not marked as advertisement.

@skierpage 13 сағат бұрын

Yes, we're still waiting for the acceleration now that GM has discontinued the Bolt, its most successful (because cheapest) EV. Maybe the Equinox will be a huge hit. Maybe Cadillac and its sclerotic dealers will actually sell customers on the benefits of battery electric when most of the cars in the showroom are EVs.

@extrememike 11 күн бұрын

“Hard work beats talent if talent does not work hard” ❤

@hada7552 4 күн бұрын

Biden looked lost again at the strike

@7_of_9 5 күн бұрын

GM could easily sell cars very affordable and make money on subscription Ai services on the vehicle

@XMG3 9 күн бұрын

the only vehicles GM is selling well in this recession is the trax / envista.

@johnireland6301 Күн бұрын

If it wasn’t for their pickups and Tahoes they would be out of business.

@crustybmw Күн бұрын

Anyone with GM stock should sell immediately

@xxPlaceboxx 4 күн бұрын

Toyota has the entire lineup of 4x4s, but GM told the US market we're not interested. Just sports and economy cars...

@3markaw 3 күн бұрын

What are these GM economy cars you speak of ?

@KaiPonte 6 күн бұрын

Here's the thing. I owned a '65 Corsair, a '95 Jimmy, an '06 Avalanche, a '05 Vue, and a '16 Malibu hybrid. If the Volt wasn't so tiny, I would have had one of those too. I was so looking forward to the Bolt, as I wanted an EV. However, the quality of GM products has declined. I bought a Ford Mach-e instead. I wouldn't mind the new Corvette, but I'm too old.