G.M. destine to fail over and over again

Posted on December 10, 2008. Filed under: Uncategorized |

G.M. “can not make money even with great ideas and huge handouts
While VW and Toyota have made gross margins on the greenest cars in the world G.M. has stated the Chevy Volt will cost GM $750 milllion…
Stating that: it’s really expensive to develop a hybrid, electric car or extended-range electric car.
But what the U.S. has to understand is that American tax dollars have “already given billions” of ‘green’ dollars to the U.S. auto industry over the last three decades in the form of grants and incentives to ‘develop hybrid, electric, hydrogen or extended-range cars.’
Then what did we give VW and Toyota to actually make money doing it? A market.
Why you consider giving billions more until you can see a future of even slight ‘green’ progress in this industry?
Seriously three decades, billions in research, where’s the progress… where?
Image: The Beast
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