Posts Tagged GM
Is the Chevy Volt bankrupt too?
Posted by Jeffrey in General News, Green Cars on June 1st, 2009
Like many had guessed on Friday, GM filed for bankruptcy today. The question for many green-minded folks is, “What does that mean for the Chevy Volt?” One of the biggest questions is how can GM invest so much in the Volt if it’s not expected to be profitable for a very long time?
Another big question is why would anyone pay $35,000-$40,000 for a plug-in hybrid when you can get a new Toyota Prius plug-in today for a better price. (Contact us, and we’ll prove it!) Plus, the Prius is a proven car: you already know its quality, comfort, and dependability.
I guess we have to just wait and see exactly what happens with the Chevy Volt. Perhaps the Volt isn’t the answer for GM or green consumers.




