





Prediction- will Volt wil KILL GM??
I believe they exist because they sell more cars than any other company outside of Toyota. Good enough for me.
Point taken though. Remember though that they'd still be here even without the bailout. They would've simply reorganized properly through bankruptcy.
Celebrating Lexus & Toyota from Around the Globe
Of course, getting a bad review from Consumer Reports probably doesn't help.
http://www.consumerreports.org/cro/m...view/index.htm
Fully electric cars are not feasible for the average family. No one wants to leave the house having to constantly think about whether or not they will have enough range to get back. The only people who will buy this car are hardcore greenies, and as someone said earlier, everyone knows where our electricity comes from.
Utilities need to step it up at the same time electric cars are rolled out. Currently, this is a one armed approached, especially on the east coast, where power comes predominantly from coal burning plants. At least on the east coast, we are more alternative energy friendly.
Fully electric cars are not feasible for the average family. No one wants to leave the house having to constantly think about whether or not they will have enough range to get back. The only people who will buy this car are hardcore greenies, and as someone said earlier, everyone knows where our electricity comes from.
Utilities need to step it up at the same time electric cars are rolled out. Currently, this is a one armed approached, especially on the east coast, where power comes predominantly from coal burning plants. At least on the east coast, we are more alternative energy friendly.
Just as producing a Prius has come down significantly since its inception, so won't the Volt's. It has to, otherwise there's no question that the Volt won't see a 2nd generation.
Let's not forget that the Prius and Toyota got criticized by the press, other automakers, and much of the public for a long time because everyone was saying much of the same - that it was a bad business decision. The major difference was is that Toyota took a much greater loss during the first several years than GM is set to lose. From what I've read, the Volt costs GM roughly a couple grand more to produce than the $41K price. I've heard the first generation Prius cost Toyota about $100K a pop to build while selling it for about $25K. Not sure if that counts R&D. With Toyota's massive war chest of cash, it was a reasonable investment for the future. Needless to say, it kind of paid off.
In GM's case, they could never sell the Volt at such of an extreme loss for two main reasons. They don't have any money and the public wouldn't stand for it after bailing them out.













