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Technology Stocks : American Automobile Industry: Can it survive?

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To: Glenn Petersen who wrote (303)3/31/2010 1:19:47 AM
From: stockman_scott1 Recommendation  Read Replies (5) of 431
 
<<...Chevy Volt: Most automotive journalists talk about the Chevy Volt in the same breath as other alternative fuel-powered vehicles the Prius, Tesla, Ford Escape Hybrid…and that’s about as accurate as putting Evageline Lilly in with Barbara Mikulski and Nurse Ratched ’cause they all happen to be women. The Volt is a true game-changer, period, and has yet to be treated as such in the press.

The Tesla and Nissan Leaf are limited-use image toys, because the owner would still require another car in the garage for any trip out of state. The Ford Escape and Toyota Prius deliver MPG still below what was available in the 1950s, so there is nothing impressive — only that they are the best in their current classes. Only the Volt provides gas-less driving for the average American commute with the flexibility of going cross-country should that strike the owner’s fancy. And before you bash the relatively expensive $40K go-to-market price, the Volt technology will soon be in every front-wheel-drive vehicle GM makes, including it’s cheapest products.>>...

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