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GM announces big changes to deal with higher gas prices

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by Kablooie, Jun 3, 2008.

  1. Kablooie

    Kablooie Member

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    "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? :car: )
     
    #1 Kablooie, Jun 3, 2008
  2. hiremichaelreid

    hiremichaelreid New Member

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    Absolutely, what with the low depreciation on Hummers and high depreciation on Hybrids... ;)
     
    #2 hiremichaelreid, Jun 3, 2008
  3. Tech_Guy

    Tech_Guy Class Clown

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    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
     
    #3 Tech_Guy, Jun 3, 2008
  4. sendconroymail

    sendconroymail One Mean SOB

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    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.
     
    #4 sendconroymail, Jun 3, 2008
  5. rfruth

    rfruth Member

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    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 :mad:
     
    #5 rfruth, Jun 3, 2008
  6. micheal

    micheal I feel pretty, oh so pretty.

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    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.
     
    #6 micheal, Jun 3, 2008
  7. moxiequz

    moxiequz Weirdo Social Outcast

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    Gosh, I thought that was their plan all along!
     
    #7 moxiequz, Jun 3, 2008
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