If I had been asked, then my answer would have been Baker Electric. I would have been wrong, but at least I knew that correct answer was not the EV-1. It boggles my mind that our friend above or anyone could defend such a boneheaded error--an error that served no purpose. Going back to the early days of the consumer automobile, there was strong competition among steam, electrics, and gasoline. Gasoline won out, but it was not an easy fight.I could be mistaken, but I believe the first ever electric car was the La Jamais Contente (The Never Satisfied) built in the 19th century.
I don't think you're right about the liquid capital thing. GM's balance sheet is very healthy, thanks to its debt being wiped out by bankruptcy reorganization in 2009. And they're making a ton of money.You have to be blind if you cannot see what GM is doing.
Sell all your extraneous assets to make a potential buyout more feasible.
Who would be surprised if SAIC bid to takeover GM lock, stock and barrel.
GM does not have enough liquid capital to maintain future momentum.
Bail out will be necessary unless a partner can come alongside to share the expense and pad the coffers.
Renault/Nissan comes to mind if GM were a risk taking business for sustainability or unusual profits. Slim chance of that ever happening. GM would be the perfect lead company for this paradigm.
Sunsets are GM favorite memes.
GM has got to get out of this maelstrom, or it will be toast.
The error in the Forbes article about the first electric car wasn't significant to the point of the article. It's doesn't invalidate the article anymore than if someone running for American president said that the Civil War ended in 1866 rather than 1865. It's a trivial aside.If I had been asked, then my answer would have been Baker Electric. I would have been wrong, but at least I knew that correct answer was not the EV-1. It boggles my mind that our friend above or anyone could defend such a boneheaded error--an error that served no purpose. Going back to the early days of the consumer automobile, there was strong competition among steam, electrics, and gasoline. Gasoline won out, but it was not an easy fight.
That was the early 20th Century. One hundred years later, it appears that electricity is about to turn the tide.
That's ridiculousThe error in the Forbes article about the first electric car wasn't significant to the point of the article. It's doesn't invalidate the article anymore than if someone running for American president said that the Civil War ended in 1866 rather than 1865. It's a trivial aside.
They said that Tesla was the first highway-legal EV. They should have said mass production highway-legal EV. It's a pretty small error, and again an insignificant aside to the whole topic of the article, which was about the future competition in EVs. And talking about first electric cars back in the 19th century isn't a correct answer. They said "highway legal." There was no highway system at that time. And if you had one of those electric cars from the 19th century today, it wouldn't be any more legal to take on a highway than it is to take a golf cart on the highway.
Maybe the only positive about GM closing down Holden is that when GM goes bust again, it wont be Holden or the Australian taxpayer who gets raped and pillaged this time.GM won't be in business by ~2030. And if by sheer luck they are, it will be via another government bailout.
You guys have it made.Maybe the only positive about GM closing down Holden is that when GM goes bust again, it wont be Holden or the Australian taxpayer who gets raped and pillaged this time.
Yes, I look forward to the day that my wife’s Astra lease comes up for residual payment....???I predict anything assembled here just stablised or went up in value, anything imported just fell through the floor Opel style.
You're trying to apply modern Construction & Use Regulations to an EV over 100 years old - the first highway legal EV was achieved in the late 1800s, in a part of the world where they already had highways - the "trivial" error is like saying the US Civil War ended in 1965, rather than 1865 - sloppy journalismt destroys any credibility that otherwise exists in the article.The error in the Forbes article about the first electric car wasn't significant to the point of the article. It's doesn't invalidate the article anymore than if someone running for American president said that the Civil War ended in 1866 rather than 1865. It's a trivial aside.
They said that Tesla was the first highway-legal EV. They should have said mass production highway-legal EV. It's a pretty small error, and again an insignificant aside to the whole topic of the article, which was about the future competition in EVs. And talking about first electric cars back in the 19th century isn't a correct answer. They said "highway legal." There was no highway system at that time. And if you had one of those electric cars from the 19th century today, it wouldn't be any more legal to take on a highway than it is to take a golf cart on the highway.
Probably because they had to disclose selling Thailand plant to Great Wall. So was waiting for the deal to go throughI heard that Commodore production continues until the end of MY20 in April, so they will arrive in early June, just in time for the HQ shut down. Same with Colorado.
This has been on the agenda for months, and it proves that GM's story about making this decision only last weekend is complete b/s. They only decided last weekend that they can no longer get away with this B/S.
No, they, and you repeatedly, have said "world's first highway-legal EV".The error in the Forbes article about the first electric car wasn't significant to the point of the article. It's doesn't invalidate the article anymore than if someone running for American president said that the Civil War ended in 1866 rather than 1865. It's a trivial aside.
They said that Tesla was the first highway-legal EV. They should have said mass production highway-legal EV. It's a pretty small error, and again an insignificant aside to the whole topic of the article, which was about the future competition in EVs. And talking about first electric cars back in the 19th century isn't a correct answer. They said "highway legal." There was no highway system at that time. And if you had one of those electric cars from the 19th century today, it wouldn't be any more legal to take on a highway than it is to take a golf cart on the highway.
Australian's don't have any money and the greedy rich ones aren't looking to employ Australians and are more interested in their nazi mobiles. Holden isn't the only brand to have died in 2020. 161 others have already gone to retail heaven as well. The only thing keeping our economy going is coal and iron ore mining and if it wasn't for those industries Australia would be a basket case.For our Australian friends, I'd say that this is an opportunity to capture the market share that already there waiting to be taken. Who has the pockets and the cohones to come through with this?
Entrepreneurship always is a balast to corporate risk aversion, but, they can only do it if there are people willing to join in on the risk.
The article made a mistake. There is no excuse for the mistake. Mistakes happen, particularly by people who don't know what they are talking about. Yet, you want to excuse the mistake. Worse and for reasons that are baffling, you have taken up the mantle and doubled-down on the author's mistake and introduced misinformation that is all your own.The error in the Forbes article about the first electric car wasn't significant to the point of the article. It's doesn't invalidate the article anymore than if someone running for American president said that the Civil War ended in 1866 rather than 1865. It's a trivial aside.
They said that Tesla was the first highway-legal EV. They should have said mass production highway-legal EV. It's a pretty small error, and again an insignificant aside to the whole topic of the article, which was about the future competition in EVs. And talking about first electric cars back in the 19th century isn't a correct answer. They said "highway legal." There was no highway system at that time. And if you had one of those electric cars from the 19th century today, it wouldn't be any more legal to take on a highway than it is to take a golf cart on the highway.