GM announces big changes to deal with higher gas prices

Kablooie · 06-03-2008, 11:08 AM

"We at GM don't think this is a spike or a temporary shift," Wagoner said.

Among the changes GM will make beginning this year, the company will:

• Put the Chevrolet Volt plug-in electric car into production by 2010.

• Review its Hummer division, which could be revamped or sold.

• Cease production at a full-size pickup factory in Oshawa, Ontario, stop making SUVs at factories in Moraine, Ohio, and Janesville, Wis., and stop making midsize pickups in Toluca, Mexico.

GM announces big changes to deal with higher gas prices - USATODAY.com

(But isn't the Hummer much cheaper to drive than the Prius?

)

hiremichaelreid · 06-03-2008, 05:21 PM

Quote:

Originally Posted by Kablooie

(But isn't the Hummer much cheaper to drive than the Prius?

)

Absolutely, what with the low depreciation on Hummers and high depreciation on Hybrids...

Tech_Guy · 06-03-2008, 05:30 PM

No! They can't kill the Hummer. All they need to do is to re-invent it - The Hummer Hybrid. Yea that's it! That's the ticket to continued sales....

LOL,

Keith

sendconroymail · 06-03-2008, 05:33 PM

So it took 5 years of rising fuel prices for GM to finally act? Talk about NOT looking to the future. What an incompetent CEO.

rfruth · 06-03-2008, 05:40 PM

has someone drug GM into the 21 century or has the sleeping giant awoke, in either case they have deep pockets and friends in high places so anything is possible

micheal · 06-03-2008, 06:17 PM

Quote:

Originally Posted by rfruth

has someone drug GM into the 21 century or has the sleeping giant awoke, in either case they have deep pockets and friends in high places so anything is possible

More than likely, the sleeping giant is scrambling to find something to stave off starvation and extinction. The problem is that new technology can't just be thrown out there or you get situations like this:
Doh! Battery leakage hurts GM hybrid production - Autoblog

Then again, I guess the giant is desperate for a quick fix to stop the bleeding. It's almost like a car wreck that we can't help but watch.

moxiequz · 06-03-2008, 07:10 PM

Quote:

Originally Posted by Kablooie

Among the changes GM will make beginning this year, the company will:

• Put the Chevrolet Volt plug-in electric car into production by 2010.

Gosh, I thought that was their plan all along!

06-03-2008, 11:08 AM	#1
Kablooie Senior Member Join Date: Feb 2004 Location: La Canada Posts: 233 My Car: 2004 Prius Package: #9 Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	GM announces big changes to deal with higher gas prices "We at GM don't think this is a spike or a temporary shift," Wagoner said. Among the changes GM will make beginning this year, the company will: • Put the Chevrolet Volt plug-in electric car into production by 2010. • Review its Hummer division, which could be revamped or sold. • Cease production at a full-size pickup factory in Oshawa, Ontario, stop making SUVs at factories in Moraine, Ohio, and Janesville, Wis., and stop making midsize pickups in Toluca, Mexico. GM announces big changes to deal with higher gas prices - USATODAY.com (But isn't the Hummer much cheaper to drive than the Prius? ) Last edited by Kablooie; 06-03-2008 at 11:11 AM.

06-03-2008, 05:30 PM	#3
Tech_Guy Senior Member Join Date: Jan 2007 Location: Silicon Valley, Ca. Posts: 226 My Car: Other Non-Hybrid Package: N/A Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	Re: GM announces big changes to deal with higher gas prices No! They can't kill the Hummer. All they need to do is to re-invent it - The Hummer Hybrid. Yea that's it! That's the ticket to continued sales.... LOL, Keith

06-03-2008, 05:33 PM	#4
sendconroymail One Mean SOB Join Date: Feb 2008 Location: Melbourne, FL Posts: 220 My Car: 2008 Prius Package: #2 Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	Re: GM announces big changes to deal with higher gas prices So it took 5 years of rising fuel prices for GM to finally act? Talk about NOT looking to the future. What an incompetent CEO.

06-03-2008, 05:40 PM	#5
rfruth Senior Member Join Date: May 2008 Location: Texas Posts: 258 My Car: Other Non-Hybrid Package: N/A Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 22	Re: GM announces big changes to deal with higher gas prices has someone drug GM into the 21 century or has the sleeping giant awoke, in either case they have deep pockets and friends in high places so anything is possible

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