It is actually interesting to see that they seem to be selling the
Volt in numbers even long before anyone has had the possibility to try
It may be way to expensive for many people but it is important that
the quality is good and they may able to come out with less expensive
versions after testing out the market for some time.
For some reason they seem to have been able to sell the idea that the
Volt is an electrical car even if it is a hybrid.
It being a hybrid also saves them the problem of the electrical car
running out of power here and there so it will probably save them
quite a lot of hazzle.
The Prius has sold well so a hybrid is obviously selling.
All things considered I think the Volt is going to make it in spite of
what I thought earlier
It looks like the interest in the IPO is bigger than what I expected.
The price of under $30 is not getting enough to pay for the bailout
but the fact that the GM stocks will be selling at all is interesting.
Quite a lot of debt and obligations have been written off so it is
clearly not the same company as before.
Many shithead managers have also been kicked out so the whole exercise
of the bankrupcy seems to be giving the option of some parts of GM
might be able to live on.
Who is to get the credit if it does not fail all together?
Is Obama the big hero?
No surprise to me. The Volt is another niche vehicle that some folks
just want to own simply because of the status of having it.
Others want it so they can claim "look what I'M doing to help the earth"
Same reasons why the Prius sells so well.
None of that matters to the folks who are lining up to buy them. Just
like the people who lined up to buy cars like Ferrari's and Lamborghini's.
In order to get $7000 the cars need to be registered as electric.
GM is beginning to register all cars as electric to get $7000 extra
for every car sold.
It obviously has nothing to do with reality.
No it doesnt.. I think they will sell a lot of these cars to "government"
customers. A captive Obama market.. It is too big an undertaking to
let it fail, dont you know?
GE ordered 12,000 Volts but I wonder if they are a supplier of parts
(electronics?, batteries?) and have a vested interest in making the Volt
launch look like a success. I seriously doubt the Volt will survive once
the novelty wears off or the $7000 government subsidy expires.
wrote in message news:4b149e03-6788-
What I heard on Squawk Box is that GM stocks may be one of the best buys
The commentator says that GM has done its job, the "crap" is out of the
and that they are making good and profitable cars.
Of course, it had to hump the American taxpayer to do it. Ford is the real
champion for getting the act together, being profitable, being respectable.
I still do not trust GM, but it took me years to really get pissed at it,
in a few years maybe I will trust them enough to buy again.
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