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

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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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Опубликовано:

30 апр 2024

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Комментарии : 612

@RichReportcom 8 дней назад

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

@bunsw2070 7 дней назад

It only takes 48 hours to charge.

@RajDeelish 6 дней назад

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

@GET2222 5 дней назад

She is a joke.

@ChickensAndGardening 5 дней 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.

@user-mp3eh8fk8q 4 дня назад

Meanwhile over 5000 Cybertrucks were made in 5 months.

@thomascrew8268 16 дней назад

When you believe your own BS you are doomed.

@jasonlucas2328 14 дней 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 13 дней назад

😂😂😂😂😂 fact

@shepherdsknoll 8 дней назад

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

@jeffgorchynski 16 дней назад

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

@aaronkim6084 16 дней назад

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

@khunopie9159 10 дней 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 10 дней 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 9 дней назад

DEAD MONEY FOREVER

@straighttalk2069 9 дней 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 16 дней назад

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

@jashanvirsingh2166 10 дней назад

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

@rollie5579 9 дней назад

DEAD MONEY FOREVER

@ensteffo 9 дней назад

@@jashanvirsingh2166 Sounds like you have stocks in GM.

@Victor-yb1iw 8 дней назад

Bloomberg is all about propaganda for that matter

@jashanvirsingh2166 8 дней назад

@@ensteffo no , im just revealing facts .

@notsecure 16 дней назад

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

@MyUniversalUniversity 16 дней назад

Impossible🤣🤣😂😂😂😂😂😂🤣🤣🤣🤣🤣🤣🤣😂😂😂😂

@sabathrodriguez 16 дней назад

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

@vorlon81 16 дней назад

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

@wolfgangpreier9160 16 дней назад

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

@-NKVD- 16 дней назад

Кому они нужны , куда ехать?

@damongnojek3912 16 дней назад

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

@leonadams1053 16 дней назад

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

@USNEM 16 дней назад

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

@damongnojek3912 16 дней 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 16 дней назад

Gooberment Motors

@gbmoney8746 16 дней 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.

@vulpixelful 4 дня 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

@johannesdolch 6 дней 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?

@user-pi1fy5dd9h 15 дней назад

GM : 1 Million EV cars by 2025 Tesla : ok

@gleitsonSalles 12 дней назад

Tesla production and sales are falling you know that??

@user-pi1fy5dd9h 12 дней назад

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

@watchyoursix8841 11 дней 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 8 дней назад

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

@droomagon 8 дней 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

@zzappligator 8 дней назад

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

@Shane-zl9ry 16 дней назад

Can't wait for the $25k Hummer 👍

@sblock1111 16 дней назад

My last hummer cost me $75.00

@the80386 14 дней назад

@@sblock1111 from ToysRuS?

@Carguytct 10 дней назад

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

@JorgeJimenez-tz2ms 14 дней назад

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

@bekind2047 10 дней 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 10 дней 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 7 дней назад

Probably the same reason he never bought Tesla.

@midnight4109 2 дня 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 2 дня 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.

@lumivalkosnow 6 дней 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 6 дней 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.

@kiimi.kls0 6 дней назад

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

@jesus_inco 6 дней назад

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

@Charlotte03849 6 дней назад

Thanks to Mrs Maria Davis.

@keithcarvey48 6 дней назад

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🇦🇺

@michaelschneider- 16 дней назад

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

@HelloWorld-hb7yt 16 дней 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 14 дней назад

She worked hard to get to where she is now.

@gleitsonSalles 12 дней назад

The dividends are worth

@jacqdanieles 9 дней назад

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

@2011blueman 8 дней назад

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

@capri2673 7 дней назад

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

@barterdog 3 дня 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.

@JohnPMiller 16 дней назад

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

@greggd7008 16 дней 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 6 дней назад

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

@28704joe 5 дней назад

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

@skierpage 3 дня назад

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

@midnight4109 2 дня 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 2 дня назад

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

@damartimantilla 11 дней назад

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

@charlespatrick8650 4 дня 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 16 дней назад

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

@rcp2bTube 16 дней 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 16 дней назад

ouch, painful indeed.

@scramble111 4 дня 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 2 дня назад

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

@tonyflores2308 9 дней 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!

@paulcontreras3264 6 дней 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 5 дней назад

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

@davidrandall2742 11 дней 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 8 дней назад

Wait 6 months.

@pseudonymous1382 7 дней назад

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

@universeisundernoobligatio3283 6 дней назад

The important bits were made in Korea .

@dane9193 5 дней 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.

@cammitchell5732 15 дней назад

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

@msb3559 8 дней 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 дня назад

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

@francismarion6400 16 часов назад

Then there's the resources problem.

@SpockvsMcCoy 9 дней 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 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 7 дней назад

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

@bencrilly209 10 дней назад

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

@tipoomaster 8 дней назад

Now do Tesla, by far the US EV leader

@MrG90210 7 дней 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.

@imtheonevanhalen1557 8 дней назад

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

@kradius2169 8 дней назад

... And your insurance?

@Effervescent_Smegma 9 дней назад

Tell Mary Barra to bring back the Bolt EUV. 😇

@charlespatrick8650 4 дня назад

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

@TechFollower 6 дней назад

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 3 дня назад

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

@larryb8821 3 дня назад

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

@anthonyballog8026 12 дней 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 6 дней 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 3 дня 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 2 дня назад

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

@unconventionalideas5683 2 дня 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.

@nathanroberson 16 дней 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 2 дня 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.

@YYZ88YYZ 8 дней назад

Who buys GM? Especially EVs😂😂😂

@nanding7401 16 дней 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 16 дней назад

The are losing huge amounts of money.

@OneManOnFire 15 дней 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 14 дней назад

They could give Eveready a call.

@gleitsonSalles 12 дней назад

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

@francismarion6400 16 часов назад

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

@Dive-Bar-Casanova 15 дней назад

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

@aquaritinturf3686 11 дней 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

@hkim9151 6 дней назад

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

@roytoy 4 дня 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.

@Starship007 7 дней 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 2 дня 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.

@hada7552 7 дней назад

Biden looked lost again at the strike

@Rickbass2481 16 дней 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 😊

@LAURABOHDAN 8 дней назад

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

@doloresstaana744 16 дней 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.

@rwhirsch 3 дня 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.

@Thomas06992 9 дней назад

Bring the Bolt back!!!!

@StatMachLearn 5 дней назад

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

@super8mate 3 дня 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.

@tomsolitario 8 дней 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.

@-What-are-your-thoughts 4 дня назад

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

@bobchannell3553 2 дня назад

They're still building oversized cars that use just as much energy as the old cars. Just now the energy will be electricity generated largely by burning fossil fuels rather than gasoline burned in the oversized ICE vehicles.

@martinsoos 16 дней 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 15 дней 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 13 дней назад

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

@OneManOnFire 13 дней назад

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

@john-ug7nc 8 дней назад

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

@beechua 9 дней назад

I love it!! Go Mary! 💪

@beautyofgrace3915 16 дней назад

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

@OneManOnFire 15 дней назад

Sadly China has a new plug in hybrid Equinox

@charlesbannerman106 13 дней назад

Is Bloomberg an investor in GM?

@mowensmd 9 дней назад

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

@robertoswald4861 3 дня назад

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

@sconescrewdriverson 16 дней 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 11 дней 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 11 дней 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.

@user-io4sr7vg1v 12 дней назад

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

@crustybmw 4 дня назад

Anyone with GM stock should sell immediately

@tonelocrian 2 дня назад

Emily Chang is a great journalist. ❤

@dlewis8405 14 дней 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 14 дней 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 12 дней 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 12 дней назад

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

@ronaldgarrison8478 14 дней назад

5:32 Yes. Exactly my feeling.

@MADMAX7330 15 дней 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 11 дней 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.

@extrememike 13 дней назад

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

@concentricvoid 8 дней назад

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

@midnight4109 2 дня назад

I'm going to stick my neck out here. The industry is changing so fast. GM is going to wind up on top again. They have been there before.

@theodoreolson8529 7 дней назад

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

@unreliablenarrator6649 9 дней назад

Is Bloomberg not the PR division of GM?

@paddycoleman1472 День назад

Problem with EVs is that in several countries the infrastructure is simply not there yet. Plus, the early adopters have bought them so now you are trying to sell EVs to the other 80%+ of the market. The challenge to GM is not TESLA or the other traditional auto makers but rather Chinese EVs. China has the capability to do the same thing to the US auto industry that Japan did in the 70/80/90s unless some form of protection is there. Personally, I am not in favour of protectionist policies so expect a bumpy ride. Just to be clear, the same challenges face Ford, Chrysler, VW etc.

@gregcollins3404 16 дней назад

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

@ChickensAndGardening 12 дней назад

or just ChEV?

@rp9674 10 дней назад

Destroyer of Worlds... ev

@nickwulf 16 дней 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 16 дней назад

Buybacks are not evil, not sure where you heard that

@nickwulf 16 дней 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 16 дней 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 16 дней назад

@@nickwulf why are you against buybacks?

@Syifa_L 16 дней назад

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

@MyUniversalUniversity 16 дней назад

Tesla is in Chinese

@JigilJigil 16 дней 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 16 дней назад

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

@Schroefdoppie 4 дня назад

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

@thesadboxman 7 дней назад

You led Mary! You led!

@XMG3 11 дней назад

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

@nathanielwilson1899 15 дней назад

The Chinese have no union problems and never will. If they enter the US market GM,FORD, will go out of business.

@desertmodern7638 8 дней 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 6 дней назад

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

@unconventionalideas5683 2 дня 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.

@shepherdsknoll 8 дней назад

Looking forward to the end of this year when GM overtakes Tesla.

@videosuperhero100 16 дней назад

"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 3 дня назад

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.

@2011blueman 8 дней назад

This makes me want to short GM.

@kenleechicago 9 дней назад

For last ten years, GM stock price only went up 10%. GM lost European market. GM is also losing money and market share in China. At the same time period, Mary Barra's yearly compensation went from $15millions to $29millions. She has been top paid Auto CEO in the world. How does that work?

@vigneshwaranms 4 дня назад

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

@tsancio 14 дней 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 14 дней 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?

@matthewward8257 4 дня назад

GM is owned by the government, hence why they are going all in on EV when most people don't want them.

@jwestney2859 6 дней назад

She faces SO MANY challenges. I am bold but I would never accept her job. It will be great if GM can lead in EV, or autonomous. How can anyone possibly steer an organization that has SO MUCH MOMENTUM.

@VideosbySteve День назад

All in on EVs? I just want to buy a Chevy Spark for $16K but they stopped making them.

@cybertrade7908 6 дней назад

Any such $280 Billion Bet on EV's has failed completely. Barra does not have a clue about the EV / Autonomous driving markets!

@shaunmc013 6 дней назад

You’re putting $280 million towards these kinds of vehicles, when there’s no real infrastructure for the chargers???!!! Oil is still dominating the market and there’s no promise that chargers will be more available anytime soon. It’s better to be Hybrid..

@user-cq9ph5pz1j 15 дней назад

Resignation in 6 months?

@Reecepbcups 9 дней назад

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

@Munich81245 16 дней назад

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 8 дней назад

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

@Munich81245 8 дней назад

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

@droomagon 8 дней назад

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

@dillonrohe4988 5 дней назад

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.