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Thursday, August 18, 2011

Wow, Wow, Wow! Has America Already Lost Interest in the GM Volt?

Update

This is why folks are losing interest in the electric car: the shocking truth about electric cars -- they are powered by coal, and they cost too much.

Original Post
Link here.

Polls show "early adopters" less inclined to stick with the Volt.
The big problem is the plug-in’s price, CNW data indicate.  When first introduced, the Volt carried a $41,000 sticker, though it qualified for a $7,500 federal tax credit.  For 2012, the Chevy will drop to $39,995, a $1,005 cut, though it is still thousands more than the Nissan Leaf – and nearly double the price of a base Chevrolet Cruze compact, which shares the same underpinnings as Volt.
According to Wiki:
The Edsel was an automobile manufactured by the Ford Motor Company during the 1958, 1959, and 1960 model years. The Edsel never gained popularity with contemporary American car buyers and sold poorly. Consequently, the Ford Motor Company lost millions of dollars on the Edsel's development, manufacture, and marketing. The name "Edsel" has since become synonymous with failure.
Flashback: George Will on the Volt.

4 comments:

  1. Government Motors seems to be "doubling down" or as they say "jumping the shark".

    http://www.huffingtonpost.com/2011/08/17/gm-to-build-volt-based-lu_n_929781.html

    Ben Klayman

    DETROIT (Reuters) - General Motors Co will build a Cadillac luxury electric car based on the technology used in its Chevrolet Volt plug-in hybrid, people familiar with the plans said on Wednesday.

    The U.S. automaker's plan for the rechargeable battery-powered hybrid Cadillac, which will be built in 2013 as a 2014 model, would revive plans for GM's Cadillac Converj concept car that won acclaim for its bold design when shown at the Detroit auto show in 2009. The sources asked not to be identified because the product plans have not been announced. (MORE AT LINK)

    ReplyDelete
  2. Folks buying a Cadillac will buy the automobile on its merits, not because it gets better gas mileage.

    ReplyDelete
  3. I RECALL OBAMA REASSURING USE THAT THE GOVERNMENT WOULD GARANTEE ALL GOVERNMENT MOTORS WARRANTIES.

    * New GM said not responsible to fix Impala made by old GM http://www.reuters.com/article/2011/08/19/gm-impala-lawsuit-idUSN1E77I0Z820110819

    NEW YORK, Aug 19 (Reuters) - General Motors Co (GM.N) is seeking to dismiss a lawsuit over a suspension problem on more than 400,000 Chevrolet Impalas from the 2007 and 2008 model years, saying it should not be responsible for repairs because the flaw predated its bankruptcy.

    ReplyDelete
  4. Hopefully they will play that clip for the judge at the class action law suit (of President Obama promising all warranties would remain in place).

    ReplyDelete

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