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Anonymous
GM pulling out of multiple markets 2017-05-19 03:36:03 Post No. 17228637
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GM pulling out of multiple markets 2017-05-19 03:36:03 Post No. 17228637
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GM is pulling out of India, South Africa, and East Africa.
>“As the industry continues to change, we are transforming our business, establishing GM as a more focused and disciplined company,” said GM Chairman and CEO Mary Barra. “We are committed to deploying capital to higher return initiatives that will enable us to lead in our core business and in the future of personal mobility.
>“Globally, we are now in the right markets to drive profitability, strengthen our business performance and capitalize on growth opportunities for the long term. We will continue to optimize our operations market by market to further improve our competitiveness and cost base.”
The automaker states that the decisions were made following an extensive review of operations in GM International markets and reflect a series of actions taken to improve global business performance that began in late 2013.
>“These actions will further allow us to focus our resources on winning in the markets where we have strong franchises and see greater opportunity,” said GM President Dan Ammann. “We have compelling plans for growth in both the top line and the bottom line as we invest for the future.”
>http://gmauthority.com/blog/2017/05/general-motors-restructures-international-business-unit/#ixzz4hUZpWG5L
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Makes sense, they are probably undercut by second rate automotive manufacturers there who dont give a shit about things like safety.
Better to just pull out than try to match prices by cutting quality/safety and possibly damaging PR
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in other words, cheap chinese shit is pushing them out.
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>>17228637
i pulled out of your dad last night
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>>17228666
>Satan
>Gay
I don't know what to believe in anymore.
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>>17228637
In other words, the entire world knows GM vehicles are second rate VW-tier shitboxes that can't compare to Honda and Toyota
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They also pulled out of aus this year
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>>17228696
did they? they are bringing cadillac there though in 2021
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>>17228692
Go blown head gasket you faggot American precum prick faggot wanker shit asshole
>>17228702
Still 5 years away and average Aussies have less disposable income and my be able to afford them because I'll be over priced because they not built domestically
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I wonder wtf is going on. Ford has decent sales but its stock is eating shit. They pulled out of aussieland which was basically Fords second home. GM sales are great and they are pulling out all over.
Somethings up. Inb4 car industry collapse in the next year or two. Screen shot this post.
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>pulling out of countries too fucking poor to even afford cars
color me surprised
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>>17228711
Damn son u salty
>>17228737
Second bailout incoming
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>>17228666
Now I know why homosexuality is a sin..
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>>17228651
but GM IS the maker of cheap shitnese cars.
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>>17228830
this gives me an idea actually
>GM starts making knockoff cadillacs and vettes under licence in China
>???
cheap rwd ls chinkcars for everyone!
ive tried some of the chink parts most of th em are pretty good.
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>>17228941
Bring back pontiac!
They can call it chinkiac or some shit. Even better cuz it kinda sounds like cadillac and them chinese boys love that shit
Thread posts: 16
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Thread images: 7