15YUKON
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- Joined
- Aug 27, 2017
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Also, it’s a good business decision to invest in the future and technology. It can pay off huge dividends, especially now that cars are mostly software and computers.
GM’s stock (which obviously GM owners care about) just went up because analysts described GM as a huge investor in AV (autonomous vehicle) technology, and also EV (electric vehicles).
The market has spoken on this one. Could you imagine what would happen to the stock if GM instead announced that it wants to just keep building big gas guzzling engines the way it had been for the last century?
Ultimately GM is a business, and they will go to where the market takes them.
https://www.barrons.com/articles/gm...11190997?mod=yahoobarrons&ru=yahoo&yptr=yahoo
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And there’s plenty of market for big motors. (Hence why these sell so well). I agree though investing in the future and environment is important......to an extent..... there will be a mix. Less than 2% of the market are econobox cars so if you really think that shoving those down our throats is good for business your dead wrong. There is zero demand for them here. Americans like bigger vehicles. Hybrid SUVs? Sure. Also cardude please point to the part of the bill of rights that grants you clean air????? Youll Be looking for the rest of your life.