GM Closing Several US Plants

[Ben]

Perhaps they have sound business reasons for doing so, but I gotta kinda agree with Trump here regarding the "This is the thanks we get" line. This is what we get for bailing them out. If Ford wants to close US plants, bummer, but it's their business. They didn't take massive handouts.

I'd like to think this will help stop the next "Too big to fail" bailout, but I doubt it.

https://www.foxbusiness.com/politics/trump-very-disappointed-with-general-motors-after-plant-closures

[Andiron]

To be fair,  we bailed out the *expletive deleted*ing Unions,  not so much GM.

[Firethorn]

I've seen other people looking into this, and the general response is that GM is making a sound decision.  The plants were running at less than 30% capacity, they weren't selling enough cars to cover the costs of the manufacturing plant.

If they continue to make the models, it would be significantly cheaper to have production lines where there's enough other vehicles being made to cover the plant costs.