







Source: Fortune

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RE: Bailout Mentality
By Mint on 5/7/2013 9:42:50 AM , Rating: 2
Why do you think a $20k Cruze Eco competes with a $32k Volt? They have completely different standard equipment and ride quality. Yes, the Eco is a competitor to the Prius, but it only matches up to the Volt if you add a bunch of equipment, and even then you won't get the silent ride or instant torque of the Volt.

Volt sales are down 35%? First four months of 2013 are better than first four of 2012. Sure, GM would like it to do better, but it's a long term investment. They can't get $10k cost reductions in the next gen without going through the first gen.


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