GM Is Taking 'Big Risk,' Autotrader's Krebs Says

The transcript discusses General Motors' strategic challenges and plans. GM is facing issues with excess car production capacity and is closing some plants. The company aims to lead in electric and autonomous vehicles, despite the current low market share of electric cars. Political and market factors, including comments from Donald Trump, influence GM's decisions. Upcoming union negotiations will impact future product allocations. GM's strategy involves significant risks, but the company is committed to innovation and competing with tech giants like Google and Waymo.

What is the significance of the upcoming UAW contract negotiations for GM?

What challenges does GM face in becoming a leader in electric and autonomous vehicles?