GM Is Schizophrenic

First the Volt will be under $30 grand.  Then it will be mid thirties.  Then over $40k.  Then all of a sudden it will be  back under forty grand.  Now, Ed Whitacre ( GM’s CEO-of-the-month ) says that not only will the 2011 Volt come to market in the low $30k range, but it will be profitable.

Uhhh Ed?  Maybe it’s time to step down already.

Toyota ran losses on the Prius for years, for goodness’ sake.  The Volt is drastically more complicated than the Prius, and is using all sorts of new technology.  How in the world does GM expect us to believe that the Volt will be profitable from unit one?

Published on January 18, 2010 in Chevrolet

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