Analyst Asks GM CEO About Changing General Motors Name

  1. Welcome to GM Inside News Forum – General discussion forum for GM

    Welcome to GM Inside News Forum - a website dedicated to all things GM.

    You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, at no cost, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, Join GM Inside News Forum today!
     
Page 1 of 6 123 ... LastLast
Results 1 to 15 of 76

Thread: Analyst Asks GM CEO About Changing General Motors Name

  1. #1
    News Contributor Premium Member Perian's Avatar
    Join Date
    Nov 2004
    Location
    New York
    Posts
    8,526
    Thanks
    84
    Thanked 3,462 Times in 1,219 Posts
    My Ride
    2017 Jaguar F-Type (Manual)

    Analyst Asks GM CEO About Changing General Motors Name

    yahoofinance.com
    July 29, 2020

    General Motors Co Chief Executive Mary Barra said Wednesday "nothing is off the table" when it comes to maximizing the value of the No. 1 U.S. automaker's electric vehicle efforts, including a possible spinoff of those assets.

    Speaking to analysts after GM reported a smaller-than-expected loss in a quarter hurt by the coronavirus pandemic, Barra responded to a question about whether the Detroit company would consider a spinoff of its EV operations, given high investor appetite for companies like Tesla Inc , Nikola Corp and Nio Inc.

    "We are open to looking at and evaluate anything that we think is going to drive long-term shareholder value, so I would say nothing is off the table," she said.

    Barra added that she saw no impediment to such a move.

    Earlier in the call, Barra addressed a question around a name change for GM that would emphasize its EV efforts.

    "Why not call the company Ultium?" Morgan Stanley analyst Adam Jonas asked, citing GM's advanced battery technology.

    Barra said GM evaluates questions like that given its push to invest in EVs and other advanced technology.

    GM needs to perform, developing new technology and driving down battery costs, to get Wall Street to care about its stock, she said.

    "We've got to deliver... and demonstrate that we have products people want to buy," Barra said.

    She said GM intends to get "our fair share plus more" when asked whether any of its electric vehicles would sell at volumes of 100,000 a year or higher.







    .

  2. Remove Advertisements
    GM Inside News
    Advertisements
     

  3. #2
    News Contributor Premium Member Perian's Avatar
    Join Date
    Nov 2004
    Location
    New York
    Posts
    8,526
    Thanks
    84
    Thanked 3,462 Times in 1,219 Posts
    My Ride
    2017 Jaguar F-Type (Manual)

    Re: Analyst Asks GM CEO About Changing General Motors Name

    "Why not call the company Ultium?" Morgan Stanley analyst Adam Jonas asked, citing GM's advanced battery technology.
    Change the storied GM name?

    That is a tough one. I'll go for the spin-off.






    .

  4. The Following 3 Users Say Thank You to Perian For This Useful Post:

    Neanderthal (07-29-2020),SRFCTY (07-30-2020),tgagneguam (07-29-2020)

  5. #3
    R2-D2 Astromech Droid Premium Member Neanderthal's Avatar
    Join Date
    Nov 2004
    Location
    A sunny cave in Transylvania
    Posts
    35,337
    Thanks
    9,897
    Thanked 8,073 Times in 4,834 Posts
    My Ride
    17 Soul&/01 PT LTD/15 JD130

    Re: Analyst Asks GM CEO About Changing General Motors Name

    JHC. This is what the brains of the outfit puzzles about all day? Look at this fecal material:

    Earlier in the call, Barra addressed a question around a name change for GM that would emphasize its EV efforts.

    "Why not call the company Ultium?" Morgan Stanley analyst Adam Jonas asked, citing GM's advanced battery technology.


    These are people who are paid far too much for doing far too little. If they want a name change, I nominate zerozerozero.
    2017 Soul &, Titanium

    Nearly all men can stand adversity, but if you want to test a man’s character, give him power.--Unattributed

    "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."--Benjamin Franklin

    "The freedom of Speech may be taken away, and, dumb and silent we may be led, like sheep, to the Slaughter."--George Washington

    Hidden Content

  6. The Following 7 Users Say Thank You to Neanderthal For This Useful Post:

    1958carnut (07-29-2020),bongos2u (07-29-2020),Citation84 (07-29-2020),gkr778 (07-29-2020),StarCruiser (07-30-2020),steve333 (07-29-2020),XP300 (08-06-2020)

  7. Remove Advertisements
    GM Inside News
    Advertisements
     

  8. #4
    News Contributor BlackGTP's Avatar
    Join Date
    Jul 2008
    Location
    Connecticut
    Posts
    16,195
    Thanks
    8,104
    Thanked 10,691 Times in 5,180 Posts
    My Ride
    2020 CT4-V - Black

    Re: Analyst Asks GM CEO About Changing General Motors Name

    If battery is the future, then spinning off the electrics as their own business will make no sense as who'd buy the old ICE operations? For the ICE company to survive in such a scenario, then the ICE GM will have to invest in developing electrics to survive, in other words, rebuild the business it just sold off.

    As for changing GM's name, I say no. Electrics still have motors, just electric ones, so the name General Motors still makes sense. And I doubt changing the name will fool anyone.

  9. The Following 6 Users Say Thank You to BlackGTP For This Useful Post:

    1958carnut (07-29-2020),buildacariwant (08-01-2020),eklauss (07-30-2020),Greg Burr (07-29-2020),MercerGrad (07-29-2020),SKH (07-29-2020)

  10. #5
    6.2 Liter LS3 V8 gkr778's Avatar
    Join Date
    Jun 2016
    Location
    Southaven, Mississippi USA
    Posts
    3,153
    Thanks
    4,226
    Thanked 3,164 Times in 1,597 Posts
    My Ride
    2014 BMW 320i and '72 Nova

    Re: Analyst Asks GM CEO About Changing General Motors Name

    Quote Originally Posted by Neanderthal View Post
    If they want a name change, I nominate zerozerozero.
    +1
    Great suggestion Neanderthal. That's a name GM executives know very well.

    On top of that, renaming General Motors to "zerozerozero" presents an opportunity for the corporate logo to be updated, perhaps to something like this:



    Hopefully VW and Audi won't mind...
    God and guns keep us strong. That's what this country was founded on. - Lynyrd Skynyrd

  11. The Following 4 Users Say Thank You to gkr778 For This Useful Post:

    1958carnut (07-29-2020),Neanderthal (07-29-2020),Stéphane Dumas (07-30-2020),tgagneguam (07-29-2020)

  12. #6
    R2-D2 Astromech Droid Premium Member Neanderthal's Avatar
    Join Date
    Nov 2004
    Location
    A sunny cave in Transylvania
    Posts
    35,337
    Thanks
    9,897
    Thanked 8,073 Times in 4,834 Posts
    My Ride
    17 Soul&/01 PT LTD/15 JD130

    Re: Analyst Asks GM CEO About Changing General Motors Name

    Quote Originally Posted by BlackGTP View Post
    If battery is the future, then spinning off the electrics as their own business will make no sense as who'd buy the old ICE operations? For the ICE company to survive in such a scenario, then the ICE GM will have to invest in developing electrics to survive, in other words, rebuild the business it just sold off.

    As for changing GM's name, I say no. Electrics still have motors, just electric ones, so the name General Motors still makes sense. And I doubt changing the name will fool anyone.
    You mean other than the tower rats, I presume?
    2017 Soul &, Titanium

    Nearly all men can stand adversity, but if you want to test a man’s character, give him power.--Unattributed

    "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."--Benjamin Franklin

    "The freedom of Speech may be taken away, and, dumb and silent we may be led, like sheep, to the Slaughter."--George Washington

    Hidden Content

  13. #7
    R2-D2 Astromech Droid Premium Member Neanderthal's Avatar
    Join Date
    Nov 2004
    Location
    A sunny cave in Transylvania
    Posts
    35,337
    Thanks
    9,897
    Thanked 8,073 Times in 4,834 Posts
    My Ride
    17 Soul&/01 PT LTD/15 JD130

    Re: Analyst Asks GM CEO About Changing General Motors Name

    Quote Originally Posted by gkr778 View Post
    +1
    Great suggestion Neanderthal. That's a name GM executives know very well.

    On top of that, renaming General Motors to "zerozerozero" presents an opportunity for the corporate logo to be updated, perhaps to something like this:



    Hopefully VW and Audi won't mind...
    Most excellent! I suggest you mail MaryMaryMary your resume el quicko!
    2017 Soul &, Titanium

    Nearly all men can stand adversity, but if you want to test a man’s character, give him power.--Unattributed

    "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."--Benjamin Franklin

    "The freedom of Speech may be taken away, and, dumb and silent we may be led, like sheep, to the Slaughter."--George Washington

    Hidden Content

  14. The Following User Says Thank You to Neanderthal For This Useful Post:

    gkr778 (07-29-2020)

  15. #8
    R2-D2 Astromech Droid Premium Member mbukukanyau's Avatar
    Join Date
    Dec 2003
    Location
    Carlsbad Commiefornia
    Posts
    32,090
    Thanks
    6,104
    Thanked 8,597 Times in 4,186 Posts
    My Ride
    2013 Traverse | 2018 Fusion

    Re: Analyst Asks GM CEO About Changing General Motors Name

    GM would be Crazy to spin off their only chance at high value. It seems wall street is waking up to how far ahead GM is of every other automaker with technology.

    Ultium is a complete re-invention of the automobile and how it’s put together. They also own the Chemistry, it’s not used in China and are leading in battery research.

    Bottom line is, it seems GM has surpassed Tesla in batteries and self drive, including manufacturing.


    LG Chem knows how to make batteries, GM owns the Chemistry and the engineering technology.

    Now if only they could monitize OnStar Data

  16. The Following User Says Thank You to mbukukanyau For This Useful Post:

    Evo69 (07-31-2020)

  17. #9
    4.6 Liter Northstar V8 Murrow's Avatar
    Join Date
    Mar 2006
    Location
    Atlanta
    Posts
    1,841
    Thanks
    633
    Thanked 682 Times in 241 Posts

    Re: Analyst Asks GM CEO About Changing General Motors Name

    They could call it General Electriq.

  18. The Following 21 Users Say Thank You to Murrow For This Useful Post:

    1958carnut (07-29-2020),1999 White C5 Coupe (07-29-2020),Andrew L (07-29-2020),BlackGTP (07-29-2020),bongos2u (07-30-2020),BORG (07-29-2020),buildacariwant (08-01-2020),chinamonty (07-29-2020),Ed753 (07-31-2020),gkr778 (07-29-2020),mbukukanyau (07-29-2020),MercerGrad (07-29-2020),Mr.Buttons (07-29-2020),Neanderthal (07-29-2020),rand49er (07-29-2020),Rumpole (07-30-2020),Shotgun (08-01-2020),SP1966 (07-29-2020),tgagneguam (07-29-2020),The Handler (07-29-2020),TruckFan (07-31-2020)

  19. #10
    6.2 Liter LS3 V8 gkr778's Avatar
    Join Date
    Jun 2016
    Location
    Southaven, Mississippi USA
    Posts
    3,153
    Thanks
    4,226
    Thanked 3,164 Times in 1,597 Posts
    My Ride
    2014 BMW 320i and '72 Nova

    Re: Analyst Asks GM CEO About Changing General Motors Name

    Quote Originally Posted by mbukukanyau View Post
    It seems wall street is waking up to how far ahead GM is of every other automaker with technology.
    I agree that GM is a technology leader, but it doesn't appear Wall Street is yet convinced that translates to significant growth in future cash flow. GM share price at yesterday's close was just above $26, well below the $33/share at the General Motors Company IPO on November 17, 2010.
    God and guns keep us strong. That's what this country was founded on. - Lynyrd Skynyrd

  20. The Following 2 Users Say Thank You to gkr778 For This Useful Post:

    Ed753 (07-31-2020),eklauss (07-30-2020)

  21. #11
    6.2 Liter LS3 V8 sdotjeezy's Avatar
    Join Date
    Jan 2017
    Posts
    3,665
    Thanks
    1,169
    Thanked 3,145 Times in 1,633 Posts

    Re: Analyst Asks GM CEO About Changing General Motors Name

    Quote Originally Posted by gkr778 View Post
    I agree that GM is a technology leader, but it doesn't appear Wall Street is yet convinced that translates to significant growth in future cash flow. GM share price at yesterday's close was just above $26, well below the $33/share at the General Motors Company IPO on November 17, 2010.
    Yeah...all the tech in the world isn't going to help them if they can't get desirable product out. TBH, I actually think that creating an EV subsidiary would've been a better move while they perfect the EV tech because GMs reputation is taking a pounding right now with the lineup of mediocre ICE cars (sans C8, Full Size SUVs, kinda CT5).

    Spinning off a Ultium EV brand would've given GM a fresh start perception wise...no Cimmaron references, no EV1 tie ins, no Bolt comparisons and so on.
    My Rides:
    '19 Buick Enclave
    '07 Dodge Magnum SRT-8
    '19 Mazda 6

  22. The Following 3 Users Say Thank You to sdotjeezy For This Useful Post:

    1958carnut (07-29-2020),Cobaltss_King (07-29-2020),gkr778 (07-29-2020)

  23. #12
    6.0 Liter L76 V8 rand49er's Avatar
    Join Date
    Feb 2006
    Location
    South Lyon, MI
    Posts
    2,065
    Thanks
    863
    Thanked 1,064 Times in 597 Posts

    Re: Analyst Asks GM CEO About Changing General Motors Name

    I'm in for General Electriq. BUT, would GE sue for name infringement?


    Quote Originally Posted by gkr778 View Post
    I agree that GM is a technology leader, but it doesn't appear Wall Street is yet convinced that translates to significant growth in future cash flow. GM share price at yesterday's close was just above $26, well below the $33/share at the General Motors Company IPO on November 17, 2010.
    They've paid dividends these last nearly ten years though, haven't they?
    2005 CTS-V, LS6, supercharged, L-T headers, etc SOLD !!!
    2011 Cruze ECO, 1.4T, 6-spd manual. (my DD) SOLD !!!
    2012 SRX, 3.6, AWD (wife's car)
    2017 Volt Premier Iridescent Pearl Tricoat (son has taken it over)
    2016 ATS Premium 6MT (my DD)

  24. #13
    6.2 Liter LS3 V8 gkr778's Avatar
    Join Date
    Jun 2016
    Location
    Southaven, Mississippi USA
    Posts
    3,153
    Thanks
    4,226
    Thanked 3,164 Times in 1,597 Posts
    My Ride
    2014 BMW 320i and '72 Nova

    Re: Analyst Asks GM CEO About Changing General Motors Name

    Quote Originally Posted by rand49er View Post
    They've paid dividends these last nearly ten years though, haven't they?
    Dividends were paid quarterly to General Motor Company common stockholders between January 2014 and April 2020. As of now, dividends on GM shares are suspended indefinitely.
    God and guns keep us strong. That's what this country was founded on. - Lynyrd Skynyrd

  25. The Following User Says Thank You to gkr778 For This Useful Post:

    Ed753 (07-31-2020)

  26. #14
    Chevrolet VOLT 1958carnut's Avatar
    Join Date
    Dec 2012
    Location
    St. George, Ut. [The Banned Section ;)]
    Posts
    10,936
    Thanks
    14,570
    Thanked 4,288 Times in 2,771 Posts
    My Ride
    2016 Nissan Rogue SV AWD

    Re: Analyst Asks GM CEO About Changing General Motors Name

    General Monkey company strikes again with the help of Morgan Stanley's analyst Adam Jones.
    "Why not call the company Ultium?" Morgan Stanley analyst Adam Jonas asked, citing GM's advanced battery technology.

    "These are people who are paid far too much for doing far too little. If they want a name change, I nominate zerozerozero."
    as per Neanderthal.

  27. The Following 2 Users Say Thank You to 1958carnut For This Useful Post:

    gkr778 (07-29-2020),Neanderthal (07-29-2020)

  28. #15
    Firebird Concept (the turbine one) Premium Member
    Join Date
    Feb 2010
    Location
    The land of the hethan
    Posts
    11,233
    Thanks
    1,535
    Thanked 4,175 Times in 2,665 Posts
    My Ride
    The coffin on wheels
    Have you ever noticed that when auto companies talk about a change of image,
    the first thing that comes to mind is changing names, not the products or strategies
    that caused the problem. It's like covering mistakes with an even bigger one.

  29. The Following 18 Users Say Thank You to jpd80 For This Useful Post:

    1958carnut (07-29-2020),BlackGTP (07-30-2020),bongos2u (07-30-2020),chinamonty (07-29-2020),Ed753 (07-31-2020),eklauss (07-30-2020),gkr778 (07-29-2020),Greg Burr (07-29-2020),hq308 (08-03-2020),mbukukanyau (07-29-2020),Neanderthal (07-29-2020),richmond2000 (07-30-2020),Ruperts Trooper (07-30-2020),sledgehammer777 (08-03-2020),steve333 (07-29-2020),tgagneguam (07-29-2020),The Handler (07-29-2020),TruckFan (07-31-2020)

  30. Remove Advertisements
    GM Inside News
    Advertisements
     

Page 1 of 6 123 ... LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Powered by vBadvanced CMPS v4.1.2