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Originally Posted by Jammer
At PRESENT TIME I'm sure there is some truth in that. However, it's important to take note in the fact GM has been discussion The Volt for almost FIVE YEARS! Man they are SLooooow. So the Volt was already there when they went into the red.
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No argument there. But they only got serious about the project when the company really started to bleed money fast and government bailout looked inevitable. No self respecting manager would keep a project guaranteed to loose money funded when the company is already in the red, pre bailout. Now GM is just going through the motions to keep the Congress happy.They'll build a couple of thousand, price them in the $40-50k range, nobody will buy it, they'll say "see, I told you so" and kill it off as quickly as the EV1. Never underestimate GM's ability to fail at everything.