Prospect of low-priced Chinese EVs reaching US from Mexico poses threat to automakers
afraid_of_zombies @ afraid_of_zombies @lemmy.world Posts 21Comments 7,249Joined 2 yr. ago
afraid_of_zombies @ afraid_of_zombies @lemmy.world
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21
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7,249
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2 yr. ago
June 11th 2024 GM announced that the board approved a 6 Billion dollar stock buyback plan.
That is a direct wealth transfer from the company to the owners.
We have met the enemy, and they are us.