...am I allowed to say "gonads" here?
Whoa. Talk about politically incorrect and courageous, listen to what Mr. Lutz had to say about the acclaimed Toyota Prius, (a car that I personally am very impressed with). He asks a good question, though: how much sense does it make to ask a consumer to pay $20K for a hybrid when s/he can purchase a similar car producing similar savings at the gas pump for far less?
Article follows...
GM: Hybrid cars make no sense
GM executive Lutz argues critically acclaimed hybrid compacts like Toyota Prius are bad business.
January 6, 2004: 5:21 PM EST
By Chris Isidore, CNN/Money Senior Writer
DETROIT (CNN/Money) - General Motors Corp. has no plans to try to answer the success of the Toyota Prius, the critically-acclaimed gas/electric hybrid car, said Robert Lutz, GM's vice chairman of product development.
It just doesn't make environmental or economic sense to try to put an expensive dual-powertrain system into less expensive cars which already get good mileage, Lutz said at the North American International Auto Show.
more...
Whoa. Talk about politically incorrect and courageous, listen to what Mr. Lutz had to say about the acclaimed Toyota Prius, (a car that I personally am very impressed with). He asks a good question, though: how much sense does it make to ask a consumer to pay $20K for a hybrid when s/he can purchase a similar car producing similar savings at the gas pump for far less?
Article follows...
GM: Hybrid cars make no sense
GM executive Lutz argues critically acclaimed hybrid compacts like Toyota Prius are bad business.
January 6, 2004: 5:21 PM EST
By Chris Isidore, CNN/Money Senior Writer
DETROIT (CNN/Money) - General Motors Corp. has no plans to try to answer the success of the Toyota Prius, the critically-acclaimed gas/electric hybrid car, said Robert Lutz, GM's vice chairman of product development.
It just doesn't make environmental or economic sense to try to put an expensive dual-powertrain system into less expensive cars which already get good mileage, Lutz said at the North American International Auto Show.
more...