The more important takeaway for GM: “ Costs will be reined in, factories will be delayed, and stock buybacks will recirculate cash to shareholders”

In other words, in the face of a struggling EV business, instead of increasing investment to actually get it moving, they are cutting investment and focussing on paying off shareholders instead of actually fixing what’s wrong

Not including adaptive cruise in anything but the top trim is laughable.

Test drove the new model in Canada. The base RWD starts at a reasonable $60k and I love the look of it but decided against it because:

1. It’s pretty small. A good step down from the Model Y, and a bit smaller than the ID4
2. No adaptive cruise in anything except the top trim which is a huge up charge. I consider this a basic feature in 2024, and they have the radar in the base version so it’s just a software lock. Feels like buyers are being scammed into buying the top trim for a basic thing.