Quote:
Originally Posted by jamesqf
So you'd like to argue that Toyota doesn't make a profit on the Prius? It does: https://www.ft.com/content/146ad23c-...b-00144feab49a Now it may have taken them a decade or more for that profit to show up, but I think that just highlights a major problem with most US companies, not just automakers. They're too focussed on next quarter's results rather than long-term profit. |
The comment was specifically about GM, and their Volt. I don't have an opinion on whether they should have continued production of the Volt or end it, as I don't have the relevant data to form such an opinion. However, I tend to think if they want to end production, it isn't profitable. I'm struggling to see how any of that is relevant to the environment, their responsibility to the environment, or repayment of TARP funds. As far as I'm aware, GM has already repaid their obligation to the government for the bail out.