Connecting The Dots

How GM Sold America (Part 1) (Patreon)

Published:

2022-02-19 00:40:04

Imported:

2026-06

Tags:

#EVs #GM #MaryBarra

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Releasing this in two parts, the second of which should arrive soon Research is all done and writing is already underway.

I know some of you are waiting for the CTO Part 3 Q&A video - I'll work on it straight after releasing the 2nd part of this one, so it will be the next video out after that, no IFs or BUTs

Enjoy!

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🌟How GM Sold America - Part 1 (Patreon)

Diving into the amazing story of how GM - WHILE being bailed out by American taxpayers - secretly closed a deal with SAIC, whose price they and we are paying to this very day. Part 2 will arrive very soon, and will give many additional prices not listed here, a contrarian voew justifying GM and my overview of the entire story. ___ Michael Dunne's book: American Wheels, Chinese Roads: The Story of General Motors in China - https://amzn.to/3uU0kXg (affiliate link) Sections: 00:00 Intro 03:51 2008 Financial Crisis 05:06 Western OEMs in China 08:26 GM Korea 09:29 SAIC Bailout Initial Details 10:49 Price #1: Ownership of Sales 12:44 Price #2: Technology Transfer, Joint Development 18:50 Problem #1: Teaching SAIC How to Develop Tech 19:08 Problem #2: Killing Utility of Global R&D Centers 19:22 Problem #3: All EV Development Goes to SAIC!