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Originally Posted by DGthe3
Also, the Volt program began well before they got any bail out money and probably had a solid billion dollars invested into it already. Cancelling it at that point would have been incredibly stupid since they'd never get a dime back out of it.
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How are they getting any dimes back from the project by selling the cars at a loss?
Quote:
Originally Posted by Brokinarrow
A company that takes no risks goes nowhere and will be destroyed by the competition.
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That's not always true. Coke used the same formula for decades, and they were the #1 soft drink for all those years. But when they took a risk and tinkered with the time proven formula, they lost tons of money and market share.
Businesses just need to make SOUND decisions to prosper. And selling electric cars at a loss to the company is not a sound business decision in my opinion. Time will tell who is right about this car. I'm confident I won't be wrong by predicting it will be a flop. After all, I have history on my side, as the American public has never demanded (or even wanted) electric cars in big enough numbers to make selling them a profitable venture.