Presidential Auto Task Force Concluded Plug-In GM Volt Likely Too Expensive To Be Commercially Successful in the Short-Term
Green Car Congress
MARCH 31, 2009
As a result, the President’s Designee has found that General Motors’ plan is not viable as it is currently structured. On the product side, the summary asserted that: GM earns a disproportionate share of its profits from high-margin trucks and SUVs and is thus vulnerable to energy cost-driven shifts in consumer demand.
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