GM EV plant is closing down in Michigan, likely due to cessation of government subsidies for EVs and massive rises in labor costs by unionized workers

[mark francis]

MSN
https://www.msn.com › en-us › money › other

$1,140 workers laid off at Factory Zero—Hamtramck faces severe economic hardship​

A seismic shift in General Motors' electric vehicle strategy has left Factory Zero workers facing an uncertain future. Just 13 months after securing historic wage gains through a six-week UAW strike, the company announced indefinite layoffs affecting 1,140 hourly workers at its Hamtramck plant. The WARN Act notice filed November 20, 2025, signals a dramatic reversal from the job security promises embedded in the 2023 contract settlement, exposing deep fractures between corporate strategy and worker stability.
Let's face it. Government funding of bad ideas and excessive wage demands by unionized workers cannot make a business profitable, especially when the government funding runs out. Obama found that out in the Solendra disaster.

historytools.org
https://www.historytools.org › companies › the-real...

The Spectacular Rise and Fall of Solyndra: A Cautionary Tale of Clean Energy Hubris​

 

[Gabriel_Bell]

It is still undeniable that electric vehicles will replace most hydrocarbon fueled devices.

Trump wants to keep our country stuck in obsolete and harmful technology, as well as returning to Jim Crow II racism.

 

[mark francis]

It is still undeniable that electric vehicles will replace most hydrocarbon fueled devices.

Trump wants to keep our country stuck in obsolete and harmful technology, as well as returning to Jim Crow II racism.

It's not Trump's fault EV are not selling, especially after the government subsidies run out.

 

[Stalin]

MSN
https://www.msn.com › en-us › money › other

$1,140 workers laid off at Factory Zero—Hamtramck faces severe economic hardship​

A seismic shift in General Motors' electric vehicle strategy has left Factory Zero workers facing an uncertain future. Just 13 months after securing historic wage gains through a six-week UAW strike, the company announced indefinite layoffs affecting 1,140 hourly workers at its Hamtramck plant. The WARN Act notice filed November 20, 2025, signals a dramatic reversal from the job security promises embedded in the 2023 contract settlement, exposing deep fractures between corporate strategy and worker stability.
Let's face it. Government funding of bad ideas and excessive wage demands by unionized workers cannot make a business profitable, especially when the government funding runs out. Obama found that out in the Solendra disaster.

historytools.org
https://www.historytools.org › companies › the-real...

The Spectacular Rise and Fall of Solyndra: A Cautionary Tale of Clean Energy Hubris​

once again, your habit of not reading your own posts past the headline makes a fool of you

"Solyndra‘s collapse stemmed from solvable problems, not any inherent flaws in solar itself as critics charge. Indeed, the industrial boom that undermined their technology only bolstered confidence in renewable energies overall..."

ibid

comrade stalin
stalin

 

[Stalin]

looks like the Wall Street vultures, having looted everything else have bought up the auto parts industry, secured huge loans,
pocketed the capital themselves and left the debt-ridden industry to die

ain't capitalism grand..the marxists see through the bullshit

"..A December 18 report in industry journal Automotive News titled, “Mounting pressure on suppliers could trigger a wave of bankruptcies in 2026,” pointed to falling auto sales and production, the impact of tariffs, high interest rates and competition from more cost-efficient Chinese producers as some of the major factors behind the continuing and deepening crisis in the auto parts industry across Europe and North America.

“Declining global vehicle production and falling supplier orders, especially for combustion engine parts, mean many suppliers, notably smaller Tier 3 and Tier 4 players, risk insolvency or at least cash flow stress in 2026,” Automotive News wrote.

Parts suppliers face intense pricing pressure from auto manufacturers. In addition, the growing dominance of private equity firms in the auto parts supplier industry is intensifying the crisis, leaving companies more in debt and more prone to layoffs and bankruptcies.

Earlier this year financial markets were rocked by the sudden bankruptcy of highly leveraged auto parts maker First Brands, a leading supplier of replacement parts. While the exact trigger is not exactly clear, the pressure on the auto and auto parts industry flowing from Trump’s tariffs and pressures on consumer spending were no doubt major factors.

Some of the largest jobs cuts in 2025 in the auto parts industry took place in Germany, with Bosch, the world’s largest automotive supplier, cutting 22,000 jobs and ZF Friedrichshafen expecting to cut 14,000 jobs by 2030. Volkswagen and Ford are also carrying out huge jobs cuts at their European operations.

Industry analysts predict “wave of bankruptcies” in 2026, as job losses mount in auto parts industry

Falling sales and profits, as well as the impact of Trump’s tariffs, are among the factors pushing restructuring and downsizing among auto parts suppliers in the US and globally.

www.wsws.org

in the history of short-termism, this is a milestone..

frump and his ignorant lickspittles seem determined to destroy the us economy

comrade stalin
mosco

 

[Gabriel_Bell]

It's not Trump's fault EV are not selling, especially after the government subsidies run out.

It is a stupid move that will put the US auto industry behind, and cause more global climate change. Trump wants to retreat into the 1950's, and it will cause economic problems for all Americans, and inflict asthma and other respiratory problems on our people.

 

[Phoenix68]

GM EV plant is closing down in Michigan, likely due to.....​

.
....TARIFFS, you clueless, half-witted Jesus-freak!!!!!
.​

 

[mark francis]

once again, your habit of not reading your own posts past the headline makes a fool of you

"Solyndra‘s collapse stemmed from solvable problems, not any inherent flaws in solar itself as critics charge. Indeed, the industrial boom that undermined their technology only bolstered confidence in renewable energies overall..."

ibid

comrade stalin
stalin

You can blame whatever you like but the fact is that Obama touted the new company as a government startup success, but which completely failed after the government subsidies were ended. There were other similarly designed startups that also failed when the government funding ended.

 

[Phoenix68]

You can blame whatever you like but the fact is that Obama touted the new company as a government startup success, but which completely failed after the government.....

.
....Was molested by that legendary failed-businessman....probably "The greatest failed-businessman in the World's history".
.​