Sell your GM stock

[oldag]

After selling more than 10 million Chevy Malibu cars worldwide over several decades, the automaker said Wednesday it would stop making the sedan in November. The Malibu’s exit leaves the Corvette as the last gas-powered Chevrolet car.


How stupid. EV sales are not doing well. Gasoline engines still comprise the biggest part of the US market. And GM is hanging it up.

Mary Barra's global warming fascination is going to kill the company.

 

[striker55]

Biden told them to. I was sorry to see the Impala and the Camaro go. What car will NASCAR use?

 

[Lonesome Dove]

Biden told them to. I was sorry to see the Impala and the Camaro go. What car will NASCAR use?

Chevys out and Nissan is in.
Could happen
But in today's un-NASCAR does it really matter?

 

[Grumps21]

I’m a former GM fan. After the way they handled the 8 speed transmission fiasco, the guaranteed to grenade AFM engines, and the mandatory onstar subscriptions during Covid, my views on them have changed

 

[Tnhawk]

It's safe to say that I'll never purchase another GM product.

 

[BigRed]

What car will NASCAR use?

Whatever the spec car of the season is with stickers...pretty much the same thing it does now.

 

[Havok1]

Chevys out and Nissan is in.
Could happen
But in today's un-NASCAR does it really matter?

This^ NASCAR is already a woke organization.

As far as the Malibu, how many people does everyone know buying Malibu’s? Nobody would ever notice that product line being gone.

As far as the stock is concerned, GM stock outperformed the market on this news today, and has been lately. Stock picking is hard. It’s even harder when emotions get involved.

 

[Steve In Texas]

Electric cars are only the answer if we build lots more nuclear power plants.

 

[striker55]

Whatever the spec car of the season is with stickers...pretty much the same thing it does now.

I thought it had to be a car you can buy, only car would be a Corvette?

 

[oldag]

It's safe to say that I'll never purchase another GM product.

I hope to hold onto my ICE powered cars until I leave this earth, not having to buy another new car again.

 

[oldag]

Electric cars are only the answer if we build lots more nuclear power plants.

They are not even the answer then.

Maybe ok for little cars for urban cave dwellers. Not for me.

 

[kbaxter60]

After selling more than 10 million Chevy Malibu cars worldwide over several decades, the automaker said Wednesday it would stop making the sedan in November. The Malibu’s exit leaves the Corvette as the last gas-powered Chevrolet car.


How stupid. EV sales are not doing well. Gasoline engines still comprise the biggest part of the US market. And GM is hanging it up.

Mary Barra's global warming fascination is going to kill the company.

Don't they still have the Cruze? Those come in gas; I drove one in Canada...

 

[Brains]

I like performance sedans, gasoline burning V8's, and manual transmissions. Talk about a shrinking list of options.

 

[striker55]

I hope to hold onto my ICE powered cars until I leave this earth, not having to buy another new car again.

I have a 2018 Impala some days it doesn't leave the garage, wife says it's the last one we will buy.

 

[13centkiller]

GM = Government Motors. Learned that during the bailout.

 

[1911'S 4 Me]

May have to get an Austrian Holden for nastycar.

 

[Steve In Texas]

May have to get an Austrian Holden for nastycar.

Holden stopped making cars in Australia quite a few years ago now.

 

[Tnhawk]

After selling more than 10 million Chevy Malibu cars worldwide over several decades, the automaker said Wednesday it would stop making the sedan in November. The Malibu’s exit leaves the Corvette as the last gas-powered Chevrolet car.


How stupid. EV sales are not doing well. Gasoline engines still comprise the biggest part of the US market. And GM is hanging it up.

Mary Barra's global warming fascination is going to kill the company.

Barra destroyed GM without the help of biden's EVs

 

[oldag]

Don't they still have the Cruze? Those come in gas; I drove one in Canada...

Nope.

 

[oldag]

GM = Government Motors. Learned that during the bailout.

And I can see another bailout coming after their all-in on EV's strategy fails.