The US automaker has weathered a difficult EV transition, announcing US$19.5 billion in charges to overhaul its strategy Read more at The Business Times.
You’re telling me there’s a formula that would allow all these other automotive companies worldwide to produce cars for 1/4th the price and yet nobody has figured it out even after producing cars for as much as 120 years, while China did after just building cars for a few years? What’s the secret sauce, exactly? That’s a ton of money left on the table and many of these companies have produced vehicles in China for decades, yet still don’t know this secret.
You’re telling me there’s a formula that would allow all these other automotive companies worldwide to produce cars for 1/4th the price and yet nobody has figured it out even after producing cars for as much as 120 years, while China did after just building cars for a few years? What’s the secret sauce, exactly? That’s a ton of money left on the table and many of these companies have produced vehicles in China for decades, yet still don’t know this secret.