GM Is Still Schizophrenic

Remember how our good buddy Ed Whitacre said that the 2011 Volt would be available in the low $30k range, and be profitable?  This, after months of back and forth on pricing and profitability.

Well, it turns out Eddie was fudging a little bit.  GM clarified this most recent statement with the fact that the “low $30k” price would be after a $7500 tax credit. Since when do automakers price vehicles *after* a tax credit that buyers may or may not be eligible for?

Bad business Eddie, bad business.  Just say it’s gonna cost $40 grand plus.  We’ll get over it.  At least we won’t be confused anymore.

Published on January 20, 2010 in GM

Previous post:

Next post: