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Politics : Formerly About Advanced Micro Devices

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To: Alighieri who wrote (442806)12/27/2008 1:47:20 PM
From: tejek  Read Replies (1) of 1576326
 
General Motors hasn't committed to a projected retail price for the 2011 Volt yet. We expect it to fall somewhere in the mid-$30,000 range, with loaded models north of $40-grand. Considering the developmental effort required to bring the E-Flex platform and the Chevy Volt to production, that price point is likely well below actual cost until technology efficiencies and production volume can bring costs down. We look at it as no less than a major investment in the future of personal transportation - GM's century maker.

That's disturbing.......GM can't afford cars that lose buckets of money.
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