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Originally Posted by cooker
(Post 20650213)
Stock is a lot more important to GM than cars. Cars are just a means to an end, which is maximizing shares price.
Unlikely that idle chatter about a "concept vehicle" like the vaguely described e-bike is going to impress speculators or investors in GM. Would probably have the same effect on GM as the Denali Bicycle sold by Walmart - nothing at all. |
Originally Posted by I-Like-To-Bike
(Post 20649895)
GM sells cars not stocks.
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Originally Posted by I-Like-To-Bike
(Post 20650229)
For speculators yes, for investors earnings, dividends, and long term profit and growth potential and value of the enterprise as reflected by return on capital are what count.
Unlikely that idle chatter about a "concept vehicle" like the vaguely described e-bike is going to impress speculators or investors in GM. Would probably have the same effect on GM as the Denali Bicycle sold by Walmart - nothing at all. |
Originally Posted by I-Like-To-Bike
(Post 20650229)
For speculators yes, for investors earnings, dividends, and long term profit and growth potential and value of the enterprise as reflected by return on capital are what count.
Unlikely that idle chatter about a "concept vehicle" like the vaguely described e-bike is going to impress speculators or investors in GM. Would probably have the same effect on GM as the Denali Bicycle sold by Walmart - nothing at all. |
Originally Posted by cooker
(Post 20650213)
Stock is a lot more important to GM than cars. Cars are just a means to an end, which is maximizing shares price.
https://www.wsj.com/articles/gm-fina...les-1528023601 |
Originally Posted by KraneXL
(Post 20649574)
Nobody's going to buy a GM bike. If they're really serious about expanding their corporation then it would make more sense for them to simply acquire a cycle manufacturer.
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Originally Posted by Rollfast
(Post 20651816)
One of the best RVs ever was built by GMC. Innovative and high quality in most every way, like nothing before or since. Don't wager on that.
Consumers aren't going to continue to buy cars with built-in obsolescence. Build a quality, reliable product, and they will come. Lexus taught the industry that. |
Originally Posted by cooker
(Post 20651409)
What do you think their motivation is?
One thing I'm sure they are not concerned about is any loss of sales of its automobile or truck divisions due to increased sales of e-bikes, whether they are GM products or not. E-bikes may have a niche market but it doesn't and won't affect the public's needs or desires for the regular products sold by any of the automobile/truck manufacturers. I also doubt many people who currently own automobiles or trucks see e-bikes as the answer to their prayers or dreams to take up a car free lifestyle. |
Originally Posted by dedhed
(Post 20651492)
Loaning money has always been more profitable than cars.
https://www.wsj.com/articles/gm-fina...les-1528023601 |
GMC already makes non-eBikes,so this is a logical extension.
https://i5.walmartimages.com/asr/0f8...cd3f16520.jpeg |
Originally Posted by indyfabz
(Post 20652141)
GMC already makes non-eBikes,so this is a logical extension.
https://www.bikeforums.net/20650229-post26.html "Unlikely that idle chatter about a "concept vehicle" like the vaguely described e-bike is going to impress speculators or investors in GM. Would probably have the same effect on GM as the Denali Bicycle sold by Walmart - nothing at all." Also note that General Motors neither makes nor sells the Denali bicycle. GM probably does earn some relative chump change licensing their GMC logo to Kent International, the manufacturer/wholesaler of GMC Denali bicycles. Perhaps GM should register "LCF" as a trademark for their concept e-bike vehicle and slap a decal with that moniker all over it. Dreamers have my permission to suggest that name in the crowdsourcing naming contest being conducted by this trendy division of GM. https://ebikebrandchallenge.com/call-for-entries |
Originally Posted by I-Like-To-Bike
(Post 20652237)
Also note that General Motors neither makes nor sells the Denali bicycle. |
Originally Posted by I-Like-To-Bike
(Post 20651887)
..whatever benefits are gained by the PR campaign being run by a few individuals in its Urban Mobility Solutions division..
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Originally Posted by indyfabz
(Post 20652141)
GMC already makes non-eBikes,so this is a logical extension.
https://i5.walmartimages.com/asr/0f8...cd3f16520.jpeg |
Originally Posted by indyfabz
(Post 20652251)
Thanks, Sherlock.
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Originally Posted by I-Like-To-Bike
(Post 20652701)
Glad to point it out to a seemingly unaware comrade who posted (w/o smilie or any other hint at irony or sarcasm), "GMC already makes non-eBikes" with a picture of a bicycle with a "GMC Denali" labels and presumably would not deliberately post known falsehoods.
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Originally Posted by trailangel
(Post 20652584)
Nobody will steal those bikes.
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Originally Posted by indyfabz
(Post 20652720)
Things aren't always as they seem. There is a guy who locks up one near my office. Looks like it's about to fall apart.
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Perhaps GM saw what Ferrari was doing in road bikes and they wanted something that could beat a Ferrari
https://www.motor1.com/news/178609/b...scuderia-bike/ |
You all realize Capt. Kangaroo will come back, and he won't be happy.
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Originally Posted by I-Like-To-Bike
(Post 20651887)
IOne thing I'm sure they are not concerned about is any loss of sales of its automobile or truck divisions due to increased sales of e-bikes, whether they are GM products or not. E-bikes may have a niche market but it doesn't and won't affect the public's needs or desires for the regular products sold by any of the automobile/truck manufacturers.
I also doubt many people who currently own automobiles or trucks see e-bikes as the answer to their prayers or dreams to take up a car free lifestyle. |
Originally Posted by jon c.
(Post 20653454)
Perhaps GM saw what Ferrari was doing in road bikes and they wanted something that could beat a Ferrari
https://www.motor1.com/news/178609/b...scuderia-bike/ https://cimg7.ibsrv.net/gimg/bikefor...982208ac47.jpg |
Originally Posted by tandempower
(Post 20654587)
I suspect you're right that they're just letting some PR guys have a go at upping the stock price a bit,
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Just heard on the radio that Ford is getting into the e-scooter business.
I was in Nashville a few days ago, which is the first place I've seen them IRL. Only saw a few folks actually riding them. Mostly just a whole lot of them lying around the sidewalks everywhere. The downtown area was blanketed with the things. And they are real PITA for everyone to have to step over. I can't imagine any equipment treated in such manner can last long and from an admittedly limited amount of observation it didn't appear they could generate nearly the revenue necessary to cover investment and operating costs. Good luck to Ford. This does not compel me to want to buy stock in the firm (although I've driven a Ford Ranger for 20 years and love it). |
Originally Posted by I-Like-To-Bike
(Post 20654748)
I didn't make that claim, stock price manipulating as a factor in the GM e-bike scheme is strictly your construct. Don't project your conspiracy fantasies on to me.
I seriously doubt that GM is motivated at all about this e-bike beyond whatever benefits are gained by the PR campaign being run by a few individuals in its Urban Mobility Solutions division. |
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