GM Negotiating Sale of Lordstown Plant to Workhorse Group – Additional $400 Million Investment in Ohio…

In the aftermath of GM’s announcement to close the Lordstown, Ohio, auto assembly facility, President Trump worked earnestly to get GM to sell the facility and save jobs for the region.  Today President Trump and GM CEO Mary Barra announce the likely sale to Workhorse Group pending UAW union approval.

Washington (AFP) – General Motors Wednesday announced plans to invest $700 million in Ohio and to sell a shuttered plant to a company that makes electric trucks, drawing cheers from President Donald Trump who has assailed the US automaker for cutting American jobs.

“GREAT NEWS FOR OHIO!” Trump tweeted, revealing the details ahead of the company’s official announcement.

Shortly after Trump’s tweet, GM confirmed it is in discussions with Workhorse, a Cincinnati-based company that focuses on producing electric delivery vehicles, to sell its plant in Lordstown, Ohio. The factory employed about 1,400 workers prior to ceasing production in March.

CEO Mary Barra said in a statement GM will “remain committed to growing manufacturing jobs in the US, including in Ohio, and we see this development as a potential win-win for everyone.” (read more)

In March President Trump was putting pressure on Mary Barra to find a buyer or allow a long-term lease to another company:

It’s likely Barra reached out to POTUS today to help make the pre-announcement public because she needs to put pressure on the intransigent local UAW to agree to the sale terms.

Tim O’Hara, vice president of the United Auto Workers union at the Lordstown plant, said “the announcement dashes any hopes that workers had about staying in the area and continuing careers with GM. Many will be forced to transfer in order to preserve seniority and pension eligibility,” O’Hara said.

The Workhorse Group has been developing electric trucks, vans and drones.  With a purchase of the Lordstown plant, Workhorse would be moving forward with plans to have a facility for the production of electric-powered vans later this year.

Jobs, jobs, jobs….

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This entry was posted in Auto Sector, Dem Hypocrisy, Donald Trump, Economy, NAFTA, President Trump, Trade Deal, Transportation, Uncategorized, Union Activity - ALL, USA, USMCA. Bookmark the permalink.

81 Responses to GM Negotiating Sale of Lordstown Plant to Workhorse Group – Additional $400 Million Investment in Ohio…

  1. TMonroe says:

    I wonder if they’re looking to do something similar to that longstanding paper mill in Luke, MD that just announced it is planning to close its doors at a cost of 700 jobs.

    Liked by 2 people

    • Carrie2 says:

      TMonroe, we can only hope will be seeking a way to keep the plant open producing/ making another item or items. He works hard for workers, that is we who are the deplorables that made and kept this country going and growing. Unfortunately, the democrats don’t want successes, only failures of our President. Amazing is how his book, The Art of the Deal is that which made him a bigger billionaire because he has brains that actually function! However, most fake news talking about how he was in the hole for $1 billion but not mentioning how he not only got out of the hole but made 10 times the loss, and damn he was good looking then back almost 30 yrs. When it was said he has a very high IQ, you better believe and the beauty of the DNC Party is most have very low IQs! All in our favor.

      Liked by 4 people

    • Iwasthere says:

      Black and decker moved its production from the eastern shore to China – many years ago.

      Liked by 1 person

      • GB Bari says:

        B&D (now called Stanley Black & Decker) used to have a huge manufacturing plant in Hampstead MD for decades, but now I believe it’s just a fulfillment center. Guess the mfg was pretty much wiped out by the Globalists. They also have a location in Towson MD, just outside of Baltimore.

        Liked by 3 people

  2. Dee Paul Deje says:

    Just wait until the Democrats pick their nominee, win the election, and change all the stuff
    Trump has been doing into….something good?

    Like

  3. Dee Paul Deje says:

    Workhorse negotiating sale to Workhorse.

    Liked by 6 people

  4. CountryDoc says:

    Watch how we reach out to the workers directly, and like he must do with the Media, bypass the union. I wonder what percent of the UAW members there locally agree with the positions of the leadership of the UAW. Unions have important roles in some cases, but in most, in my experience, only add another layer of extortion opportunity in the flow of money in the free market. I also find that Union Rules often equalize the amount of work that is allowed by the worker. You can’t increase your market value to your employer or another employer without the union’s permission.

    Liked by 19 people

    • WhereEaglesDare says:

      I completely agree! They did at one time stand for the worker, now it’s all about their position. The union will probably kill the deal……..

      Liked by 4 people

      • CountryDoc says:

        If they kill the deal, watch our lion bring a business to the willing workers that the unions can’t touch and makes the Ohio dems and unions green.

        Liked by 5 people

    • Pf1289 says:

      I was a Pipefitter at a GM plant in Columbus Ohio that closed in 2007. Many of the people I know that couldn’t retire went to a stamping plant in Mansfield Ohio (closed) and Lordstown (closed).

      There were many who were conservative. I always read about 38% of union workers voted republican. The union definitely always promoted democrats. The union also provides many hours of volunteer time to the democrats. They even gave is time off one election day to do so. I worked at the republican HQ and actually met George and Barbara Bush during election day!

      The work rules (lines of demarcation for the trades) were crazy. There were a lot of good workers but there were some that would get on you if they thought you were working too fast or doing something that wasn’t “your” job.

      Like

      • CountryDoc says:

        My dad hired on to Ford in Detroit after he graduated. He worked 89 days and was let go, because then he would have to be paid union wages.

        During that time he was tripling the output of axles stacked by the other two shifts and the union kept telling him to slow down. When he worked at a pace acceptable to them, he said he was bored out of his mind.

        When he left, he was the first employee hired to a non union sheet metal plant. In 10 years he was vice president, and could do any job on the floor of the 250 employee plant. he retired at 53, and went back to his home town and bought the farm my Grandpa had been a tenant farmer on, and built his house on the spot where the house was he was born in.

        That is the right to life, liberty, and pursuit of happiness that our Declaration and Constitution were built to protect.

        Unions have a needed purpose, government has a purpose. But greedy and power hungry people abuse that purpose to their own gain.

        Liked by 2 people

  5. lcpusa says:

    Let’s see what happens. This could be a disaster for potus. People do NOT want to leave GM.

    This is a contract year and GM is the strike target. I would counsel potus to stay out of the crossfire.

    Liked by 4 people

    • clive hoskin says:

      These unions used to be working FOR the workers.Not any more.On 3 occasions I had to call for the unions help and 3 times they refused.They are only interested IF there is something in it for THEM.

      Liked by 2 people

      • lcpusa says:

        What uaw local are you talking about?
        I’m thinking you are generalizing here.
        If Trump loses Ohio he loses the white house.
        Union democrats put him over the top.
        This is dangerous territory here.

        Liked by 2 people

        • Pf1289 says:

          Not sure where you got that union democrats put PDJT over the top in Ohio. There’s not that many union jobs left in Ohio. All the closed auto and parts plants, closed steel and coal mines, Western Electric, Timken roller bearing, Westinghouse, North American Rockwell, GE, nuke plant in Portsmouth, ad infinitum.

          Like

          • lcpusa says:

            Lmao. You make my point. That’s why they voted for Trump.

            Liked by 1 person

            • Pf1289 says:

              Not sure where you got that union democrats put PDJT over the top in Ohio. There’s not that many union jobs left in Ohio. All the closed auto and parts plants, closed steel and coal mines, Western Electric, Timken roller bearing, Westinghouse, North American Rockwell, GE, nuke plant in Portsmouth, ad infinitum

              Like

            • Pf1289 says:

              Ok that didn’t work right!

              Sorry, no, I didn’t make your point. The people that lost their jobs, went into early retirement, moved on, died, etc are no longer union employees. We’re talking about tens or hundreds of thousands over the last 40-50 years. Those companies I mentioned, including mine, have been out of business for some time.

              Besides, with the great job VSGPDJT has done in bringing manufacturing jobs back, why wouldn’t they vote for him? I and many former employees of defunct Local 969 voted for him and will again!

              I agree about bringing even more jobs back from Canada and Mexico. I would love to see the Silverado brought back from Mexico.

              Like

    • Rhoda R says:

      Strike over GM selling their plant to another manufacturer vs. closing it entirely? Yeah, a union WOULD be that stupid.

      Liked by 8 people

  6. Phil says:

    And the local news here is that “UAW position is unequivocal. General Motors should assign a product to the Lordstown facility and continue operating it”. By the way the union has a lawsuit against GM.

    Liked by 2 people

    • Toenail says:

      Stupid UAW position. Only in a socialist country or dictatorship do we have a company lose money to make jobs. That is one reason that system never last.

      Liked by 1 person

      • lcpusa says:

        The company has made over 10 billions in profits for the last 3 years.

        It’s not stupid to save the plant. It happens all the time.
        It’s a bargaining chip in the national negotiation.

        Uaw gives ground… GM moves a product to lordstown from somewhere like Mexico or china.

        It’s happened dozens of times before.

        Liked by 1 person

        • Pf1289 says:

          I checked real quick and yes, GM made 9.43B in 2016. The employees got a record 12k in profit sharing! I never got anything like that when I worked there!

          Like

          • lcpusa says:

            They gave us a breakfast coupon to McDonald’s one year. 😂😂😂

            Like

            • Pf1289 says:

              I went to Michigan several times. Once for GM Quality school (Troy?). Once for HVAC train the trainer program (because of the Montreal Protocol and handling of refrigerants). Can’t remember why but I also went to the Warren transmission plant.

              Like

        • raymond capwell says:

          they are selling plant to electric vehicle produce,but building electric caddy in china.

          Like

    • jeans2nd says:

      Continue searching, Phil. If you are North Coast, you will know what papers and tv for which to search and will find it. UAW is making itself irrelevant. Again.

      Liked by 2 people

      • Phil says:

        I’m good. Where I work they have hired several people from Lordstown when it cut shifts. Lordstown was the highest paying manufacturer in the Mahoning Valley I believe. It is not uncommon to here of them retiring at 55 just a few years ago. However some were still working with over 40 years and no plans to retire.

        Like

  7. jeans2nd says:

    Do NOT allow the UAW nonsense dampen ANY enthusiasm. Unless you live on the North Coast, you’ve NO IDEA what this announcement means.

    Workhorse is buying 3 properties. Workhorse does NOT need Lordstown.
    Workhorse is in contract negations to supply electric vehicles for the Post Office in Columbus.
    Workhorse met today with the Ohio Chamber of Commerce in Columbus, and there are other contracts in the works.

    Meanwhile, the UAW thinks they can strong-arm GM and Workhorse both.
    Not.Gonna.Happen.
    The UAW leaders are going to bargain our workers out of a job. Again.

    Meanwhile. Workhorse is going great guns and is leaving UAW behind.
    Sad, is it not?
    Ref – local radio, tv, newspapers

    Liked by 6 people

  8. czarowniczy says:

    **** the Unions. If they object then round them up, stand them up against the wall and give the unemployed M-16s.

    Who was it that chased so much of the American auto manufacturing overseas? Who was it that chased so much of the American steel industry overseas? Who was it who chased so much of the American electronics manufacturing overseas? The Unions are a corrosive anachronism, we eliminated smallpox, tuberculosis and a host of other anachronistic diseases, why are the Unions still allowed to exist?

    Liked by 5 people

    • lcpusa says:

      **** you!

      The union vote is what won ohio, WI, MI, and PA.

      Big mouths like yours will lose Trump the election.

      Like

      • czarowniczy says:

        Why not, Unions have already lost the US its manufacturing base. Did the Union vote win it or did unemployed Union members pissed at the Unions machinations win it?

        While you’re out schilling for the Democrat controlled Unions find out where my and other Teamsters ‘retirement’ fund monies went.

        BTW, as an aside, those ‘loyal American unions’ warned those of us, in the late 70s, transporting gas and diesel for Army operations that they’d shoot at us just as they were the civilian Union/non-Union drivers driving thru the strike to protest high fuel prices. Only place I’d ever driven an Army fuel truck with armed guards to keep from getting killed was Vietnam. I’d put the Union staff up against the wall before I would ISIS, at least ISIS is HONEST about being an enemy of America.

        And the horse you rode in on.

        Liked by 7 people

        • GREAT REPLY to the idiot above you…sorry Ad-Rem but these bots are getting out of hand and some hard foot stomping on the throat is a go.

          czar, what these unions don’t realize is that the BOSSES are no longer NEEDED…they are talking in a forest full of tress and the ONLY thing returning is what they said!!! OUR VSG is about to gouge the union leadership like nobodies business…PDJT had to work with these a$$holes in New York and you can bet you’re bottom dollar that he is going to be putting a lot of unions out of business…

          Liked by 2 people

          • czarowniczy says:

            Had the anachronistic Unions have realized that the tide of labor was turning they’d have gotten programs in place to retrain workers for the new workforce and helped the evolution along, but nooooooo, they have the hindsight down 20-20 but the foresight of Mr Magoo.

            I guess the Congressional and DoJ investigations into Uniuon theft and corruption, the jailing or ‘disappearance’ of so many ‘leaders’ sort of got in the way of their doing anything productive for the people they lied to and fleeced. They served a purpose at one time long ago but like the appendix they’re just a potentially infectious vestigial appendage.

            Liked by 2 people

        • lcpusa says:

          The democrats co-opted the union leaders. The enviros. The feminists. But they do not control the votes of the many members and their families. They voted for Trump.

          You and your hate would drive away those votes. That’s not smart.

          Like

          • Help me to understand your argument here. Is there an alternative deal on the table, beside the Workhorse deal outlined above, whereby the plant is put back in line by GM? If not, can you guarantee such a deal will be on the table within the next 6 months? If not, what are the odds that it will be?

            You’re implying that the only middle class workers in Ohio that matter are GM workers in the UAW. If the deal you prefer doesn’t happen, what are the impacts on working Ohioans if both deals fall through because the UAW insists on their way or the highway? Impacts on all the workers that would have worked at Workhorse and now NO ONE gets employed at the plant? The impacts on Ohio, which lost a good deal because the UAW can only allow a deal that benefits its people and not other Ohioans?

            Aren’t middle class Ohioans who aren’t GM/UAW members also eligible to vote in 2020?

            Liked by 1 person

            • lcpusa says:

              Have you ever lived there? I have. I was a member of that local (1112). After the wipeout of the steel mills that was the only thing left. You drop Trumbull county you’ll drop ohio.
              Like I said in the original post, let’s just see, but recognize that there is a lot of danger here for Trump.

              Reelection of Trump is what matters.

              And yes, all ohioans are eligible to vote. They voted for Obama twice in a row, right?

              As far as “the deal I prefer”? What deal was that? The normal, every 4 years, contract? The normal negotiations that have saved the plant several times before? Because that’s the reality that the locals are hoping for. If they don’t get it they don’t get it, but let’s not have Trump in position to take the blame. Because perception is reality and the perception will be that Trump sold the plant out from under them when they were only 4 months away from negotiations.

              Again, what really matters is that Trump wins Ohio. There is real danger here.

              There’s more to this than meets the eye. More than I can bang out with my thumbs here at work.

              The only way those folks will vote for this is if they have recall rights into other GM plants. NOBODY WALKS AWAY FROM A COMPANY LIKE GM.

              I just want to see the president come out of this in one piece.

              Liked by 1 person

              • Was it typical, in the past, for GM to announce that they intend to close the Lordstown plant, with 6-months or so left in contract negotiations with the UAW, only to sign another four year contract that keeps the Lordstown plant operating?

                I get that locals – a lot of whom include GM workers – would prefer another four year contract that keeps the plant open as a GM plant. But my question to you was, is that even on the table at this point?

                Liked by 1 person

                • lcpusa says:

                  Yes it’s typical of almost every plant still in existence. We’ve all had the sword dangled over our heads.
                  The company, in word and deed, has been spoiling for a fight for 18 months. They’re going to get that fight.
                  I’ve got 35 years in GM. They are the target. We’re all willing to strike to make GM bring work back from Mexico. It’s been a long time since we’ve felt this way.

                  I just don’t want to see the president caught in the crossfire. Let’s see how it goes.

                  Ps this is a contract year and GM is threatening 3 plants, not just lordstown. These are big bargaining chips.

                  Ps, I work for GM in Warren, MI.

                  Like

          • czarowniczy says:

            The founders of the American Union movement like John Reed, Bill Haywood, Charles Ruthenburg (all 3 buried in the Kremlin necropolis), Eugene Debbs, Mary Harris ‘Mother’ Jones, Lucy Parsons…the list goes on.

            The business belongs to the person(s) who’s name(s) is/are on the documents of incorporation. The owner(s) put the money, they and their families’ lives and stafted that business, if it fails they go south. If the workers don’t like the hours/treatment/pay they are free to go elsewhere, they don’t own that business so what gives them the right to dictate to the OWNERS?

            Better yet, if the Unions are so fluffed up about the oppressed workers then why not take the monies they’ve bled from the workers and open a competing business? The skilled workers will be drawn to the Union collective, the workers will be drawn away from the tyrannical, repressive ruling capitalist class where they’ll share equally the fruits of their labors and watch as the the cruel industrial barons whither and die. I’m sure the Union leaders’ skills in management, economics and production could make this happen in short order.

            Who gave you that ‘drive voters away’ tag, AOC’s office?

            Liked by 1 person

            • Maquis says:

              That’s the part of his argument that is an utter void. “Drive voters away”? How? Why? They aren’t smart enough to see PDJT kicking ass and creating jobs?

              GM is determined to go “electric” and the CEO is far from America First. I would love for all “American” vehicle production to return to our country. But a CEO determined to make bad calls and a union determined to line their pockets and emasculate worker productivity sounds like the worst bet the President could make.

              Liked by 1 person

              • czarowniczy says:

                We have ‘American’ cars with many parts made elsewhere, even some of the ‘American’ cars sold by ‘American’ companies are made overseas and shipped here. You’d have thought the Unions would have stopped that.

                Remember the problem some years back when various US missiles were found to be populated with Chinese made ICs, no one knew if the Chinese had added malicious code? Didn’t hear the Unions apologizing for making so much of the electronics built here so expensive it moved overseas. Didn’t hear them damn the purchase of Chinese ICs either.

                Only voters it will drive away are far-left-of-center ‘conservatives’ and Democrats and you can’t drive them far enough away for my taste.

                Like

      • Troll Team ZERO.
        Union Troll.

        Like

    • powderdayrules says:

      What I find repugnant are the government employee unions. If a worker feels oppressed by a government they should try the private sector.

      Liked by 1 person

      • czarowniczy says:

        I was employed (I avoid using any form of the word ‘work’ in reference to Federal civil service) by the USDA.

        Like

        • czarowniczy says:

          @#$%& Chromebook…probably Union made.

          Anyway, I had an MBA when hired and 25 years of combined previous Federal and military service. I was hired in a beginning clerical position but I didn’t complain, it was a start. I noticed right off that I was hired right along with a woman who was the wife of a GS-13 and a woman who was obviously (neither hid it) the boss’s squeeze. I soon noticed, as did everyone else in the office, that they were both getting preferential treatment. The GS-13’s wife could help my boss’s career and the GF could help his whatever. As time went on the treatment got more and more painfully obvious, they were being groomed for promotion over even longtime employees.

          As time went on I also received pressure to leave the Army Reserve as it was inconvenient for my boss to have to schedule around me for summer camp or special duty call ups. I mentioned that I was in a field that was expensive for DoD to train, not that many got into it and USERRA made those ‘please get out’ conversations illegal and I could probably even sue.

          Long story short I went to the Union (AFGE) and was basically told that my case wasn’t what they really dealt with, they were more into the Civil Rights in hiring/employment thing and if I could take my silly ass problem down the hall. I had a friend in DoL who was a Reservist too and he sent a letter thru the chain and the harassment stopped, but so did my progression.

          The GS-13’s wife went to a railroaded GS-11 slot, my boss’s GF got perks that no other part time Federal employee without a…squeezer…ever got and the Union there ignored it…for the 15 years I was there. Federal unions are an insult to Unions and that’s damned hard to do.

          Liked by 3 people

  9. Cheesehead54016 says:

    More trendous winning. The folks who support this Admin and Trump keep WINNING while the folks that have not supported continue to WHINE and lose.
    I’m not yet bored of winning.

    Liked by 1 person

  10. betseyross says:

    Back last Fall when Mary Barra announced that Lordstown was closing, it was the UAW that deemed it a political decision. There was great consternation all throughout the Youngstown area. It was generally agreed that it was a political decision and the UAW nixing this sale would not be good for them. As usual Trump has solved the problem, and Mary Barra needs a way out. I just don’t think the UAW will mess this up.

    Like

  11. Perot Conservative says:

    Title says $400 Million; article says $700 Million.

    FYI.

    Like

  12. tonyE says:

    Will the new jobs be unionized?

    Can the workers decertify the UAW?

    Like

  13. ristvan says:

    This might not end well. PDJT is glad GM’s Barra is taking his ‘advice’, but Barra appears to be playing optics (and maybe also uunion busting) when one looks under the hood of this deal.

    Workhorse Group originated in 1998 to buy out GM’s P30 step-van that it was discontinuing because unprofitable. Bought by Navistar in 2005 (who had sold them diesel engines), then shut in 2012 after heavy losses. (Most small Diesel step-vans come from Germany’s Daimler or from Japan, because the European/Asian markets are much larger than North America for such ‘Class 5/6’ vehicles. Amazon Prime Delivery is buying Daimlers. North America has been all about Class 7/8 bigger, heavier vans and trucks.)

    AMP EV bought the idle Workhorse assets from Navistar on the cheap in 2015 with the intent of producing an EV delivery step-van with an 80 mile range based on the old P30 chassis. Renamed itself Workhorse Group. Currently operating out of a 50,000 f^2 Cincinnati facility. Buying Lordstown moves them to 6.2 million f^2! Mighty big step for an undercapitalized penny stock.

    Workhorse—Dubious North American small Step-van market, dubious EV product, dubious financing. Plant sale apparently requires union local approval. Unlikely? But whether or not sale goes through, Barra washes her hands of the Lordstown shutdown political liability. Its now either a Workhorse problem or a UAW problem.

    Liked by 3 people

    • ristvan says:

      Just another summary thought for Treepers based on my energy materials patents market research. A small delivery step van full hybrid (like a really big Prius) makes obvious sense. Small delivery vans are all about short movements and lots of stops. Think USPO vehicles or Amazon Prime urban delivery vans. So engine off at idle, capture of regenerative braking energy, and a downsized ICE because of the supplemental electric machine acceleration power makes imminent sense.
      But a pure Workhorse EV small delivery step-van is a very dubious proposition. Big battery, yet low range, with longish recharge times.

      Liked by 2 people

      • GB Bari says:

        Back in the 90s, Westinghouse tried the Electric Vehicle conversión market. The unit where I worked (I didn’t work for the EV subsidiary) used a Chrysler minivan as its vehicle and designed an all electric power train. It never got off the floor. It worked but limited range. They also created and sold some electric buses using a spartan Bluebird-made bus. Much more room for banks of batteries. I think they sold 3 or 4 to popular tourist towns for seasonal overflow work.

        Batteries are lighter and pack more juice today, but I agree with the hybrid concept as an overall better compromise at the current time in technology development. I just sold a 13 year old Prius last December. Never had any problems with it. 48mpg overall with mostly short haul driving. Would get 53 mpg on highway trips. Mpg was sensitive to payload, though.

        Like

      • Maquis says:

        I concur with your conclusions regarding a hybrid system over a pure EV. Big batteries are heavy and really affect stop start performance.

        I’d really like to see fuel cell vehicles “burning” hydrogen with super-capacitor energy storage and regenerative braking. I’d love to own such myself.

        The whole EV thing seems a very iffy proposition business-wise, they just don’t make sense, not even environmentally.

        Like

  14. Lactantius says:

    Workhorse has a shoebox full of employees, a mountain of red ink and a plan to win big by providing the US Postal Service with battery powered delivery vans. The entire Workhorse staff would fit in the lobby of the Lordstown plant. And once the UAW gets its claws into Workhorse, Katy bar the door.

    President Donald J. Trump is sending messages to the UAW. The UAW thinks that GM is somehow required to hemorrhage tons of money just to keep paying sunk costs in the form of union wages.

    In the real world, if GM had a product in mind that would make them a fortune allowing them to keep Lordstown open and pay off the UAW, GM would be doing it right now. And if Lordstown were a good bet for auto manufacturing, Toyota would be jumping on it.

    The Lordstown plant supports bars, grocery stores, housing units, and much more in the infrastructure which serves the lives and families of the Lordstown workers. Losing a huge employer is a community crisis and sends the ripple effect far and wide.

    Workhorse is not much different from where Obama’s Solyndra was when it went under. I am no fan of a “free enterprise” which is predicated on making vans for a government operation which is as rotten as is the USPS. I would be much more impressed if Workhorse had Fed Ex or UPS chomping at the bit for their product.

    Liked by 1 person

    • ristvan says:

      Fed Ex has more Class 4 cargo vans built on pickup truck chassis, and fewer class 7 big step vans (the prototypical UPS brown delivery truck). They both have no need for intermediate small European style class 5/6 step vans such as Amazon Prime is deploying, bought from Daimler in Germany. Amazon Prime does not yet have sufficient volume to go with the more economical two sizes for different missions approach enabled by high volume.

      Liked by 3 people

  15. thesavvyinvester says:

    Consider does GM sell them their 80% in 10 minute charger and battery pack (2?) Off the Bolt? The bottom line is expect more vehicles like this in this and other spaces. The EV revolution will happen in PDJT’s 2nd term, and no one sees it coming, especially with a number if solid-state battery manufacturers being real close to or are in limited production. Imho the game changer will be the 4 door 4wd CUV aka the Mach 1 as it had been referred to w/ Mustang DNA that will make electric cars fun, not look the the dowdy things we have had to date, that might be the game changing tipping point.

    Like

    • ristvan says:

      Unfortunately, you can do an 80% harge in 10 minutes but it guarantees the battery life is shortened. There is NO free lunch in the underlying Nernst equation.

      Liked by 3 people

      • thesavvyinvester says:

        Ristvan, yes I have heard that from a player in the battery space. Yet GM has gone public that they are working on this and one may assume they are close, they don’t go public w/ that stuff w/out assuming the risk of walking out back. What physics are they violating, or what tech / materials are getting them to this goal….

        Like

      • cthulhu says:

        Your ideas are intriguing to me and I wish to subscribe to your newsletter.

        Seriously, though — I didn’t know the terminology [classes of cargo vans], markets, or industry and I’ve been learning from your posts. TY. It’s been easy to accumulate knowledge because each of your statements makes obvious sense — unlike, say, the facile floof that wraps gobbledegook statements by global warmalingerers.

        Like

    • thesavvyinvester says:

      BTW keeping the big 3 or 4 alive and transition to EV’s ( and research Murkowski’s work on a Lithium-Ion supply chain in that regard) is not only to keep MI, PA, OH in PDJT’s camp, but to also not have us reliant on Chinese Batteries and they now own 69% of that space. So, do you think this isn’t part of the current negotiations? I’d bet a cup if coffee it is a bigger part of those talks than we will ever know. This is a national security issue if you think of it.

      Liked by 3 people

  16. donnyvee says:

    Why any company would want to deal with the UAW is beyond me. Right away that makes me think less of them.

    Like

  17. Maquis says:

    Tim O’Hara, vice president of the United Auto Workers union at the Lordstown plant, said “the announcement dashes any hopes that workers had about staying in the area and continuing careers with GM. Many will be forced to transfer in order to preserve seniority and pension eligibility,” O’Hara said.

    Says most every American worker and every Military Member and Veteran: WAHHN! Get over yourselves you Globalist clowns, you played a role in closing this plant and America is watching you stepping up to obstruct a swift retooling by another manufacturer.

    The UAW could easily help make this a speedy swap over with many employees moving to the new company. Seems they have other priorities, dictated by other masters.

    Liked by 1 person

  18. This POTUS success with Gov. DeWine’s support puts a DAGGAR into Kasich-by-comparison
    … incompetent son-of-a-mailman.

    Like

  19. Phil Free says:

    [memeagrapher’s note: this is someone’s work of art, not the cover from a “real” publication]

    Like

  20. Wendi Lau says:

    If enough people publicize President Trump brokering an alternative solution for GM and the people of Ohio, more will know about it. This is way better than bailing out private companies and much bigger!

    Like

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