After watching Skydrol’s video about Bob Lutz, am I getting this right ?
GM was a huge corporation building the type of passenger cars the USA liked, in a very inefficient way, but making a profit.
The US Govt then mandated that these type of cars were not what should be built.
In response, GM then started building small shitboxes that nobody liked or wanted.
In the absence of ‘proper’ cars, people had no choice but to buy a shitbox, or a ginormous pick-up truck, which I understand is exempt from the rules that apply to US passenger cars.
Somewhere along the way, GM incrementally moved from being a car manufacturer, to a business whose primary objective was to make profit, and lots of it, regardless of the product being sold.
To make the required profit, GM has divested itself of ‘loss’ makers, and left market areas where the GM vehicles being built did not fit into their strategy.
So now, GM is a not so huge corporation building the type of vehicle that nobody likes, in a slightly more efficient way, but still making a profit from US Govt bailouts, and subsidies from various other foreign Govts.
May GM move in ever decreasing circles until they disappear up their own fundamental orifice.