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I think it may be because GM is interested in "looking" green. They seem to have no real interest in being green. When you look at the advances made by Toyota and Honda and the pollution free Subaru plants, GM just does not stack up.
The real loser in all of this, I think, is Chrysler. They have a great opportunity to quick design a high MPG car, cause a big roar about it exploiting the apparent weakness of the other "big 2", and maybe get their company headed a different direction other than down.
The Prius has shown that there is a market for higher priced MPG cars. They do not have to sell in the bottom end of the price market like the Metro did. There is money to be made here....
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