View Single Post
Old 05-11-2018, 04:51 PM   #5231
Martinjlm
Retired fr GM + SP Global
 
Martinjlm's Avatar
 
Drives: 2017 Camaro Fifty SS Convertible
Join Date: Mar 2017
Location: Detroit
Posts: 5,942
Quote:
Originally Posted by sherob View Post
WTH?

GM May Also Exit the American Car Market, Morgan Stanley Says

https://www.yahoo.com/news/m/83f884a...-american.html
Your link went to a story on the Hawaii volcano. Yahoo changes their lead stories every few minutes. Since you said "Morgan Stanley" I looked for stories from Adam Jonas, who follows the industry for Morgan Stanley. Here's the link... https://www.bloomberg.com/news/artic...can-car-market

I think Bloomberg overplayed what Jonas actually said. Jonas said that GM is already reducing the number of car offerings, and adding utilities and trucks. He never said they would go as far as FCA or Ford. He also pointed out that the auto companies are suggesting to Trump administration that if there continues to be two sets of regulations, expect the car companies to continue to walk away from "conventional" (ICE) cars in favor of vehicles that meet California standards (EVs). California standards are adopted by 16 other states, amounting to more than a third of all US vehicle sales.
__________________
2017 CAMARO FIFTY SS CONVERTIBLE
A8 | MRC | NPP | Nav | HUD | GM Performance CAI | Tony Mamo LT1 V2 Ported TB | Kooks 1-7/8” LT Headers | FlexFuel Tune | Thinkware Q800 Pro front and rear dash cam | Charcoal Tint for Taillights and 3rd Brakelight | Orange and Carbon Fiber Bowties | 1LE Wheels in Gunmetal Gray | Carbon Fiber Interior Overlays | Novistretch bra and mirror covers | Tow hitch for bicycle rack |


Martinjlm is offline   Reply With Quote