View Single Post
Old 03-16-2008, 08:24 PM   #30 (permalink)
YupYupYup
5.3 Liter Vortec V8
 
Join Date: Feb 2007
Posts: 1,264
Re: Chevy Volt's Pricing Could Provide Sticker Shock

The Prius was like $40K and cost Toyota a heck of a lot more to build it...Toyota just started making money off recently!

I love how the press is going after GM for building a green car. They never went at Toyota, even though the Prius mileage ratings were over-estimated, it cost more to build than they could sell it for, and it wasn't overly useable as an only car. They just do not want GM to succeed. They would have no stories left to recycle about evil GM and how great Toyota is for pushing the technology...!!!

Important to note, Lutz did NOT say it was going to be expensive...He and GM have been throwing a lot of misinformation around to keep the competition off track. They are also being conservative on all new vehicle sales number, etc. so the bias press doesn't hammer them. And it is also important to note that early adopters wil pay more for a game-changing product. So why not recoup some investment and then lower the price in 3-6 months for everyone else? That way you don't go bankrupt and you still push the "green envelope" in regards to technology and spirit. Of course, we would not hear any sort of analysis in the media like this.

I do notice Toyota has backed off chastizing the Volt. Where is their so humble chairman?

Last edited by YupYupYup : 03-16-2008 at 08:28 PM.
YupYupYup is offline   Reply With Quote