Apr 5
Written by: Aaron Turpen 285 views
Published on April 5th, 2009 in Electric Cars
In a truly GM-styled move, the upcoming Volt’s price will be based not on business dynamics, it’s cost versus consumer demand, or anything else remotely market-based or based in sound business principle.
Nope, the Volt’s price will be based on the price of gasoline in May of 2010.
“We’re not wishing for higher petroleum costs,” Bob Kruse, General Motor’s EV and HEV director said, “but the economic viability of what we’re doing only gets greater with higher fuel prices. $1.50 gallon gas is not helping our business case.”
With thought processes like this, it’s not quite so surprising to see that GM is floating entirely on bailout money and refusing to file bankruptcy, despite their own accountants telling them they’re not really viable.
Is anyone really hyped up about the upcoming release of the Volt? Anyone? Buhler…Buhler…
Didn’t think so.
Sources: 1, 2
Tags: chevrolet, Chevy, chevy volt, electric car, GM, phev, volt
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