GM’s $280 Billion Bet on EVs | Mary Barra | The Circuit with Emily Chang

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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
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5 окт 2024

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Комментарии : 767

@jeffgorchynski 5 месяцев назад

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

@aaronkim6084 5 месяцев назад

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

@khunopie9159 5 месяцев назад

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 5 месяцев назад

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 5 месяцев назад

DEAD MONEY FOREVER

@straighttalk2069 5 месяцев назад

@@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 RU-vid comments will ever change that.

@BoiAli 5 месяцев назад

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

@jashanvirsingh2166 5 месяцев назад

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

@rollie5579 5 месяцев назад

DEAD MONEY FOREVER

@ensteffo 5 месяцев назад

@@jashanvirsingh2166 Sounds like you have stocks in GM.

@Victor-yb1iw 4 месяца назад

Bloomberg is all about propaganda for that matter

@jashanvirsingh2166 4 месяца назад

@@ensteffo no , im just revealing facts .

@RichReportcom 4 месяца назад

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

@bunsw2070 4 месяца назад

It only takes 48 hours to charge.

@RajDeelish 4 месяца назад

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

@GET2222 4 месяца назад

She is a joke.

@ChickensAndGardening 4 месяца назад

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.

@ΓΕΩΡΓΙΟΣΛΕΚΚΑΣ-κ2σ 4 месяца назад

Meanwhile over 5000 Cybertrucks were made in 5 months.

@notsecure 5 месяцев назад

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

@MyUniversalUniversity 5 месяцев назад

Impossible🤣🤣😂😂😂😂😂😂🤣🤣🤣🤣🤣🤣🤣😂😂😂😂

@sabathrodriguez 5 месяцев назад

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

@vorlon81 5 месяцев назад

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

@wolfgangpreier9160 5 месяцев назад

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

@5communist 5 месяцев назад

Кому они нужны , куда ехать?

@robertoswald4861 4 месяца назад

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

@damongnojek3912 5 месяцев назад

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

@leonadams1053 5 месяцев назад

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

@USNEM 5 месяцев назад

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

@damongnojek3912 5 месяцев назад

@@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 5 месяцев назад

Gooberment Motors

@gbmoney8746 5 месяцев назад

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.

@thomascrew8268 5 месяцев назад

When you believe your own BS you are doomed.

@jasonlucas2328 5 месяцев назад

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 5 месяцев назад

😂😂😂😂😂 fact

@shepherdsknoll 4 месяца назад

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

@steven4315 4 месяца назад

@@shepherdsknoll It helps that Elon has Tesla in reverse.

@shepherdsknoll 4 месяца назад

@@steven4315 , no, Tesla will sell close to 2M cars this year, the energy Megapacks are ramping exponentially and FSD is making leaps - don’t believe the negative hype in the news.

@JorgeJimenez-tz2ms 5 месяцев назад

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

@bekind2047 5 месяцев назад

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 5 месяцев назад

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 месяца назад

Probably the same reason he never bought Tesla.

@midnight4109 4 месяца назад

@@jmarxful All auto stocks are a gamble right now. Sometimes you win, sometimes you loose. Don't bet on GM in the short term.

@unconventionalideas5683 4 месяца назад

Buffett is also dumping building companies in the midst of a building boom, although to be fair a lot of those are single family home builders who are experiencing a bit of a slump.

@JohnPMiller 5 месяцев назад

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

@SpockvsMcCoy 5 месяцев назад

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 during that era such as the Tri-Five Chevrolets, 1961 Impala, 1963 Riviera, 1963 Corvette, 1965 Coupe deVille, 1967 Camaro and Eldorado, 1971 Grand Prix, 1976 Seville, 1979 Riviera, etc. Then GM design went downhill in the 1980s and 1990s with the 1985 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 месяца назад

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

@vulpixelful 4 месяца назад

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

@michaelschneider- 5 месяцев назад

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

@greggd7008 5 месяцев назад

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 4 месяца назад

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

@28704joe 4 месяца назад

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

@skierpage 4 месяца назад

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

@midnight4109 4 месяца назад

What GM is going to do is have EVs in all of their nameplates at different prices and markets. Cadillac and Chevy are rapidly getting there. So is GMC. Buick is going to be a bit later. If this approach works, the future is theirs. The Japanese and Europeans are lagging behind. Tesla fails to keep up with the current generation of EVs and has never had the interiors or overall quality. Mary makes sense and is easy to understand while Elon gets crazier all of the time.

@scottmari 4 месяца назад

@@midnight4109 Tell me you've never driven a Tesla without saying you've never driven a Tesla

@CrypticFoxGaming 4 месяца назад

It's so strange how these news organizations have these fluff interviews with GM/Ford about EV's, but give Tesla such a hard time when they're ACTUALLY producing EV's at scale. One doesn't have to be a "fanboy" or fanatic about Tesla to see that GM/Ford have been making a lot of claims they haven't even come close to materializing about the number of models they would release, the volume they would produce, etc. They're barely making any at all, but yet this "interview" gets produced that is basically just another marketing fluff piece. So odd. They have't even figured out how to make one without losing a ton of money yet.

@zzappligator 4 месяца назад

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

@Pzy-j2w 5 месяцев назад

GM : 1 Million EV cars by 2025 Tesla : ok

@gleitsonSalles 5 месяцев назад

Tesla production and sales are falling you know that??

@Pzy-j2w 5 месяцев назад

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

@watchyoursix8841 5 месяцев назад

@@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 4 месяца назад

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

@droomagon 4 месяца назад

@@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

@davidrandall2742 5 месяцев назад

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 4 месяца назад

Wait 6 months.

@pseudonymous1382 4 месяца назад

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

@universeisundernoobligatio3283 4 месяца назад

The important bits were made in Korea .

@dane9193 4 месяца назад

@@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.

@HelloWorld-hb7yt 5 месяцев назад

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

@jasonlucas2328 5 месяцев назад

She worked hard to get to where she is now.

@gleitsonSalles 5 месяцев назад

The dividends are worth

@jacqdanieles 5 месяцев назад

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

@2011blueman 4 месяца назад

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

@johannesdolch 4 месяца назад

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?

@unxusr 4 месяца назад

Perfect sarcasm. :)

@barterdog 4 месяца назад

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.

@stephensullivan1011 4 месяца назад

My dad just got a $15k Tesla model 3, and it looks and feels OUT OF THIS WORLD. Oh yeah and they're not going bankrupt loll. My first car was a chevy truck and I LOVED it, sad to see where things have gone..

@Shane-zl9ry 5 месяцев назад

Can't wait for the $25k Hummer 👍

@sblock1111 5 месяцев назад

My last hummer cost me $75.00

@the80386 5 месяцев назад

@@sblock1111 from ToysRuS?

@Carguytct 5 месяцев назад

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

@Agent77X 4 месяца назад

Finally, a hard hitting interview of CEO Mary Barra that puts her on the spot!😮

@MADMAX7330 5 месяцев назад

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 5 месяцев назад

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.

@9663mu 4 месяца назад

Mary Barra can’t go away soon enough.

@damartimantilla 5 месяцев назад

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

@charlespatrick8650 4 месяца назад

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 ⚡️

@rcp2bTube 5 месяцев назад

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

@rcp2bTube 5 месяцев назад

"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 5 месяцев назад

ouch, painful indeed.

@mitchonthego 5 месяцев назад

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

@tonyflores2308 5 месяцев назад

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!

@PaulHo 4 месяца назад

I'm no GM fan, but there's at least some design and soul in contrast to the Cybertruck.

@dane458 4 месяца назад

Ironically, the Hummer the CEO is driving is the epitome of what is wrong with GM.

@pewpewimbob 4 месяца назад

I get tired of hearing “the first woman” to do a job. I think she does too. It shouldn’t matter male/ female or black/white. It should be the most qualified for the position. Period

@lumivalkosnow 4 месяца назад

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 4 месяца назад

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.

@jesus_inco 4 месяца назад

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

@Charlotte03849 4 месяца назад

Thanks to Mrs Maria Davis.

@WilliamOlivia7 4 месяца назад

That's her what'sapp

@WilliamOlivia7 4 месяца назад

+1951

@imtheonevanhalen1557 4 месяца назад

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

@kradius2169 4 месяца назад

... And your insurance?

@scramble111 4 месяца назад

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.

@midnight4109 4 месяца назад

Mary has been incredibly effective. I trust her more than other CEOs. She represents the future of EVs like Elon represented the beginning.

@tipoomaster 4 месяца назад

Now do Tesla, by far the US EV leader

@Agent77X 4 месяца назад

Bloomberg hates Tesla and its leader Elon Musk. Bloomberg has a section called Elon, Inc. to troll both along with Space X!😊

@unreliablenarrator6649 5 месяцев назад

Is Bloomberg not the PR division of GM?

@concentricvoid 4 месяца назад

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

@nathanroberson 5 месяцев назад

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?

@unconventionalideas5683 4 месяца назад

They actually did not do that. They eventually sold the patent to someone else who did that, but that was after it had been decided by regulators and the market that EVs were not viable anymore.

@potatoradio 4 месяца назад

Oh the heavier weaker shorter lived batteries. Nice, well enjoy replacing them in 5 - 10 years depending on cold and supercharcging them.

@paulcontreras3264 4 месяца назад

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 4 месяца назад

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

@mikemccormick6128 4 месяца назад

Well I would certainly wait until at least 2025, when virtually every major car company is switching to the Tesla charging standard.

@aquaritinturf3686 5 месяцев назад

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

@beautyofgrace3915 5 месяцев назад

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

@OneManOnFire 5 месяцев назад

Sadly China has a new plug in hybrid Equinox

@potatoradio 4 месяца назад

I own a 1976 Chevy Nova even now it rarely breaks and I can fix most things myself with cheap parts. 1 ecu failure for you buys me a whole rebuild engine or transmission.

@mkim8860 5 месяцев назад

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.

@Nagasaki189 4 месяца назад

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.

@potatoradio 4 месяца назад

Sure, soon who is going to beef up the grid for all the added charging stations. How are you stopping the NIMBY protestors for all the new nuke, coal, natural gas he'll even solar or wind plants that will require?

@RG-wd6qs 5 месяцев назад

Vision, Experience and Wisdom...That's the key to keeping a 100+ year old company alive. Great interview and congratulations to Mrs. Barra on a job well done all her sucess!

@metrotrujillo 5 месяцев назад

goverment money

@KhoaTran-x9i 5 месяцев назад

BK again soon

@jeffgorchynski 5 месяцев назад

She did nothing but pretend.

@elemenop718 5 месяцев назад

vision? didn't see EV's coming | experience? going bankrupt and losing market share and giving up whole categories of vehicles to foreign OEMs | wisdom? not smart enough to make a tech car

@doloresstaana744 5 месяцев назад

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.

@john-ug7nc 4 месяца назад

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

@nicholas6789 5 месяцев назад

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 5 месяцев назад

She is a bigger mess.

@msb3559 4 месяца назад

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 4 месяца назад

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

@francismarion6400 4 месяца назад

Then there's the resources problem.

@totallypluggedin 4 месяца назад

Maybe the architecture of the dealerships needs a complete re-Do. Consumers don’t get to see the design center on a daily basis, but they do get to to see their local dealership every day on their way to work. In order to change GMs image I think the dealership network needs complete reinvention, both from a design point of view And from a modern approach.

@77magicbus 3 месяца назад

Totally true. Buying a car from a dealer is a terrible experience. At least from a GM dealer. Never again.

@Effervescent_Smegma 5 месяцев назад

Tell Mary Barra to bring back the Bolt EUV. 😇

@charlespatrick8650 4 месяца назад

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

@charlesbannerman106 5 месяцев назад

Is Bloomberg an investor in GM?

@mowensmd 5 месяцев назад

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

@algerayeli3033 Месяц назад

Wonderful program! Just what one expects from Bloomberg

@dlewis8405 5 месяцев назад

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 5 месяцев назад

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 5 месяцев назад

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 5 месяцев назад

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

@stephensullivan1011 4 месяца назад

3:24 "Google changed the game with autonomous driving" Ok 🤣

@Syifa_L 5 месяцев назад

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

@MyUniversalUniversity 5 месяцев назад

Tesla is in Chinese

@JigilJigil 5 месяцев назад

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

@nathanroberson 5 месяцев назад

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

@rwhirsch 4 месяца назад

"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.

@desertmodern7638 4 месяца назад

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 4 месяца назад

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

@unconventionalideas5683 4 месяца назад

If you like it, I would get it. GM seems to really be sorting out some of the quality issues that plagued them in their past and they really seem to have a much brighter future ahead.

@mikemccormick6128 4 месяца назад

I currently drive a new American car and I absolutely love it. it's a 2024 Acura Integra Type S. It has 60% U.S. and Canadian content and is assembled in Marysville Ohio.

@LAURABOHDAN 4 месяца назад

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

@The_Uncertainity_Principal 5 месяцев назад

leaders of the EV race right here folks!

@swedgephd 5 месяцев назад

that's why they had to ban chinese evs

@Dive-Bar-Casanova 5 месяцев назад

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

@Hdhfhhdh 4 месяца назад

Consumer : give us cheap reliable cars like Toyota GM: we have expensive and unreliable EVs

@martinsoos 5 месяцев назад

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 5 месяцев назад

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 5 месяцев назад

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

@OneManOnFire 5 месяцев назад

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

@corey9313 5 месяцев назад

Im definitely not a GM fan at all, but the direction they've picked up in the past four years is amazing. The Blazer and Equinox look sharp and I mean the Bolt is the low key EV boss.

@georgemgm5 4 месяца назад

lets see where this goes

@Hdhfhhdh 4 месяца назад

I dare for GM CEO to have a conversation with Scotty Kilmer

@Rickbass2481 5 месяцев назад

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 😊

@JeanPierreWhite 4 месяца назад

The seamless integration of charging stations, navigation and maps is the reason GM has moved away from third party systems. Apple Car Play and Android Auto are attractive only because the built in systems are terrible. Tesla and Rivian have cracked the code, GM are well advised to follow. If they are able to which is the $64,000 question.

@emikomina 5 месяцев назад

meanwhile GM sales are tanking, but don't worry american taxpayers will always save the day! 👍

@sabathrodriguez 5 месяцев назад

Huh? Have you looked at their earnings???? What are you talking about?

@aaronkim6084 5 месяцев назад

Is it? GM is leading the EV revolution, thats what Biden said

@peterisawesomeplease 5 месяцев назад

They are insanely profitable right now. It is very unlikely they will need a bailout anytime soon.

@3markaw 4 месяца назад

German taxpayers own VW which is deeply in debt also . What is your point ?

@Starship007 4 месяца назад

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.

@unconventionalideas5683 4 месяца назад

Ford and Chevrolet now have non-sedan products costing well under $30,000 MSRP + Destination Fee, notably the new Chevrolet Trax and the Ford Maverick, among others. Meanwhile, the new Camry starts at $30,000 MSRP, the Accord is getting more expensive, and Nissan is not notorious for making vehicles that are necessarily both nice _and_ affordable _and_ reliable all at once the way that people seem to be suggesting some of the nicer American Vehicles increasingly are.

@aeromtb2468 4 месяца назад

from over 40% market share to les than 15%. she talks about the cost as they push SUVs and trucks close the $100k.

@ais89x 5 месяцев назад

She's a horrible CEO, she needs to get fired

@Jesse-ii5md 5 месяцев назад

She won’t because her dad got her that job

@dt8101 5 месяцев назад

2:42 This is so cringe...

@cruisinusa5110 4 месяца назад

Stellar journalism. Lol.

@larryb8821 4 месяца назад

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

@beechua 5 месяцев назад

I love it!! Go Mary! 💪

@drulifson 5 месяцев назад

Just waiting for another government bail out. You led Mary

@leonadams1053 5 месяцев назад

…and it mattered

@gregcollins3404 5 месяцев назад

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

@ChickensAndGardening 5 месяцев назад

or just ChEV?

@rp9674 5 месяцев назад

Destroyer of Worlds... ev

@super8mate 4 месяца назад

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.

@ronaldgarrison8478 5 месяцев назад

5:32 Yes. Exactly my feeling.

@hkim9151 4 месяца назад

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

@nanding7401 5 месяцев назад

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 5 месяцев назад

The are losing huge amounts of money.

@OneManOnFire 5 месяцев назад

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 5 месяцев назад

They could give Eveready a call.

@gleitsonSalles 5 месяцев назад

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

@francismarion6400 4 месяца назад

@@OneManOnFireMost of the battery resources are controlled by Chyna.

@ron8979 4 месяца назад

14:52 she takes Tesla as a threat, even though Tesla opened the tesla charging network of to GM and all other automakers….lol

@tomsolitario 4 месяца назад

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 RU-vid user.

@sconescrewdriverson 5 месяцев назад

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 5 месяцев назад

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 5 месяцев назад

@@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.

@Thomas06992 5 месяцев назад

Bring the Bolt back!!!!

@steven4315 4 месяца назад

They are, next year.

@extrememike 5 месяцев назад

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

@silversurfer1967 Месяц назад

This is the lady who pulled GM out of India and called it a difficult market, when Hyundai came in and blew the competition away.

@tsancio 5 месяцев назад

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 5 месяцев назад

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?

@roytoy 4 месяца назад

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.

@-What-are-your-thoughts 4 месяца назад

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

@mikemccormick6128 4 месяца назад

It sounds like you are just anti-EV in general.

@Starship007 4 месяца назад

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

@unconventionalideas5683 4 месяца назад

Tesla is competitive, but they are starting to become dated. GM is quite competitive when it comes to safety, and Tesla is simply no longer innovating or really doing much. Meanwhile, their cars are harder than the industry average to fix.

@potatoradio 4 месяца назад

That is also because of draconian tax and license laws to force people to buy new cars from politically tied zaibatsu, Mitsubishi, Isuzu...

@tonelocrian 4 месяца назад

Emily Chang is a great journalist. ❤

@anthonyballog8026 5 месяцев назад

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 4 месяца назад

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 4 месяца назад

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.

@anthonyballog8026 4 месяца назад

Cruise is a joke. Tesla is nationally level 2 and China soon. Europe is currently scrambling to change their laws.

@unconventionalideas5683 4 месяца назад

Even Tesla owners are starting to become increasingly jaded with that company. I would not be surprised if Tesla went down in flames, if Elon Musk is not replaced within the next few years.

@TheMazi56 5 месяцев назад

Legacy automakers are failing miserably.

@Pamlicojdjdj1487 5 месяцев назад

Debatable. Tesla is in the midst of massive layoffs

@JayDee-b5u 5 месяцев назад

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

@rickybungalow8839 4 месяца назад

do you remember when the equinox was announced starting at 30k? i remember

@droomagon 4 месяца назад

let's face it, this CEO did not lead the EV revolutions

@thenetworkarchitectchannel 5 месяцев назад

Great video. Thanks for the production. I enjoyed watching. Terrific content.

@nikolasschefold8035 4 месяца назад

Love driving electric and technological advancements! Keep going! Looking forward to see more affordable EV products!🙏

@nickwulf 5 месяцев назад

"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 5 месяцев назад

Buybacks are not evil, not sure where you heard that

@nickwulf 5 месяцев назад

@@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 5 месяцев назад

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 5 месяцев назад

@@nickwulf why are you against buybacks?

@K1pp3rs 4 месяца назад

280 billion into EVs.. -250 billion to executives - 20 billion on ads telling people you are heading into EVs The rest was lost by accident. Tell the gov they are going under. Gov sends bail out package. Back to step one.