While I have great sympathy for those losing their jobs, it should have come as no surprise. GM products have been sub standard for some years now. When we combine poor quality with poor sales and changing consumer requirements, the writing is on the wall. Think back to the 1980s and the failing British auto industry. The government in London poured millions into the companies but nothing could save them. It was poor quality,unreliability, rust problems and customer rejection that finally brought the end. In the 1950-60s GM had little or no competition. Big flashy and stylish gas guzzlers were in vogue. Customers eagerly await the latest models to be unveiled, and traded every couple of years just to keep up with neighbours. In the 1970s came the rising gas prices and the sudden need to look for economy cars. GM were caught completely unprepared, and struggled to provide a suitable economy vehicle, not just GM, Ford and Chrysler too. The response from the big three was a disaster! Remember the Vega, the Pinto and Omni!. The 1970s saw the slow growth of Japanese vehicles, at first they were regarded with utter contempt. However, they gradually gained sales, the cars were cheap, economical and reliable. Now fast forward to 2018, our roads are filled with vehicles from Japan and South Korea. Don’t believe me, next time you are driving or in a shopping mall parking lot have a quick count of the vehicles around you. Toyota, Honda, Kia etc are in abundance while Chevys, Fords and Chrysler’s are thin on the ground. In my opinion the only area where the big three are still holding their own is in the truck market. That is easily explained, there is little or no competition from the imports, yet! Sad times indeed for the plant workers, but remember like the British auto industry the big three have been plagued with strikes unrest and demands. Calls for better working conditions, for better pensions better benefits and the desperate need for government bail outs. I see no road back, the auto industry has changed and manufactures need to change with it. I have no crystal ball, but if you were to ask me, I’d say the big three are still missing the boat, the demand for quality electric and hybrid vehicles is growing rapidly. and the Big Three (should we even call them that anymore) appear to be far in the rear.
God Bless and keep reading