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Originally Posted by fbodfather
So - we'll continue to have Volt bashers. :(
I just don't understand why Americans and Canadians aren't proud of the fact that an AMERICAN/CANADIAN company is making inroads in so many areas - I guess I'll never understand some people......... 
Lastly: for those who want to refrain with 'GM took the money!' - remember that in return for the 'money' (which no one could borrow at the time.....) -- Stock was given in return. You (the taxpayer) now own part of GM. That's not a bad thing. In fact, long term, it could be a great investment. |
Once again, it's not about bashing the Volt, it's about being critical of bad business decisions.
I'm glad GM came back. And as a taxpayer/GM investor I want them to succeed. The Camaro exceeded sales projections. The Cruze is selling like crazy, as are Silverados, and alot of other GM models make money. Producing vehicles that make the company money is good, while producing vehicles that lose the company money is bad. As someone posted earlier, this has happened before and it cost GM a ton of money. The electric car has never been embraced by Americans, and anyone with a room temperature IQ could predict this one would fail as well. You cant simply force people to buy products they dont want. When the Gov't actually pays people to buy a product and it still doesn't sell, I dont see how anyone can argue that product has been anything but a huge failure.