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Originally Posted by OldTimer
Did you read yesterday's Wall Street Journal article about the Volt? It is NOT going to do anything but cost GM money. It stated the only reason GM is even building it is to show they are moving towords alternative fueled vehicles. Supposedly someone from GM even said as much that they dont ever expect to make money on it. No one is going to buy it at $40 grand when about all it can do is go to the super market and back. Don't shoot me, I am just paraphrasing what "the article" said. Just doesn't sound like that one car is going to "save" GM.
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Not sure what above is your words, or theirs...but 40+miles of all-electric, and 300+miles at 50+mpg...is a little more than the grocery store and back. And at only 10,000 units the first year all those $40,000 cars can easily be sold...ask all the people who buy $60,000 Escalades for themselves...if the car is special enough, it'll sell. But in addition to that, the gov't will be subsidizing them $7,500 per car for the first 250,000 cars.
Quote:
Originally Posted by OldTimer
Don't blame the economy for any of the big 3's trouble's.
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Economy sucks = people don't buy things = big three don't sell cars and were in the middle of an expensive restructuring = big three is HUGE trouble.
Why can we not blame the ecnomy? It has
everything to do with their CURRENT situation.
Quote:
Originally Posted by FenwickHockey65
The 2011 Chevy Cruze is the car that will save GM.
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It is supposed to be their first substantially profitable small car...ever. But I'm not sure that one single car, be it Camaro, Volt, or the Cruze can 'save' GM...or else they'd have been saved umpteen times already with their recent releases...