GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com
Tony Karrer Delicious EVdriven
APRIL 16, 2009
Newly installed CEO Fritz Henderson argues that pioneering projects like the Volt typically lose money until the technology catches on. Lutz, who retired earlier this year, called the car Detroits "moon shot" and an attempt to wrest the mantle of innovation back from the Japanese. AND the Detroit car companies were laughing.
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