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Quemado

(1,262 posts)

10. The Lordstown plant appears to be still available, but as the previous poster mentions

Reply to underpants (Reply #3)

Fri May 31, 2019, 04:01 PM

May 2019

it would take a lot of money and time to get it up and running. For example, the New York Times reported that prospective buyer for the Lordstown plant in Ohio "would have to raise at least $300 million to get Lordstown running again." https://www.nytimes.com/2019/05/28/business/economy/trump-gm-workhorse-lordstown.html?action=click&module=News&pgtype=Homepage

Granted, the prospective buyer for the Lordstown plant wants to make electric trucks. Presumably, the re-tooling costs for electric trucks is higher than re-tooling costs to make conventional cars and parts.

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Carmakers See $18 Billion Wiped Out by Trump's Mexico Threat [View all] left-of-center2012 May 2019 OP

what happens when mexico plays the cards they have? Easily send US into a tail spin beachbum bob May 2019 #1

U.S. citizens will bear the brunt of these tariffs. Lars39 May 2019 #2

Don't they have entire production plants where they just flip a switch and start manufacturing? underpants May 2019 #3

It takes a couple years to Wellstone ruled May 2019 #5

The Lordstown plant appears to be still available, but as the previous poster mentions Quemado May 2019 #10

"I alone can fix it" czarjak May 2019 #4

Putin laughing his ass off. Golden Raisin May 2019 #6

Just part of him treating the U.S.A. like a business! Brainfodder May 2019 #7

These fuckers are going to crash the economy and trigger a second Great Depression. Initech May 2019 #8

Cars will go up 25% Buckeyeblue May 2019 #9

My cousin used to work for BMW in marketing up until a couple years ago ProudLib72 May 2019 #12

Same problem for the buyer Buckeyeblue Jun 2019 #13

Two words: Treasonous and Union-busting live love laugh May 2019 #11