Posted by MarkB_MI on December 04, 2010 at 02:58:31 from (32.178.211.15):
In Reply to: Re: Government VOLT posted by Germ on December 03, 2010 at 20:47:49:
Germ, GM has NEVER made money on small cars. So a few years back they mostly abandoned the small car market and focused on light trucks and SUVs. That worked out real well until gas prices went through the roof, people quit buying trucks and GM had no small cars anyone wanted to buy. Oil prices are cheap today but they won't stay that way. If GM wants to avoid a second bankruptcy, they have to be prepared for that day.
The electric vehicle business is a huge gamble. But to avoid being caught flat-footed the next time oil gets expensive, all the car companies are investing in electric technology.
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Today's Featured Article - A Lifetime of David Brown Tractors - by Samuel Kennedy. I was born in 1950 and reared on my family�s 100 acre farm. It was a fairly typical Northern Ireland farm where the main enterprise was dairying but some pigs, poultry and sheep were also kept. Potatoes were grown for sale and oats were grown to be used for cattle and horse feeding. Up to about 1958 the dairy cows were fed hay with some turnips and after that grass silage was the main winter feed. That same year was the last in which flax was grown on the farm. Flax provided the fibre which w
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