On Sun, 16 Jul 2006 15:02:43 GMT, (satyr)
wrote:

>I think that GM had some nifty technology but it was too expensive.
>They saw that they would be forced to keep building these cars and
>selling (leasing) them at a loss while they drew sales away form
>profitable car lines and cast the rest of their business in a bad
>light.
>
>Ironically, GM is being punished for their short term mentality.
>Punished not by the government or consumer activists but by the
>market. Huge, fuel-guzzling vehicles have a large profit margin,
>until the day comes when they start sucking the wells dry. GM walked
>away from electric technology which could have formed the basis for
>successful, cost effective hybrid vehicles. Instead, GM spent money
>redesigning their huge, truck-frame SUVs which rolled out just in time
>for $78 oil.
>
>For the record, I don't think pure battery powered road cars are
>economically viable with any foreseeable technology. The high price
>and operational limitations can not be overcome in the near future.
>Hybrids OTOH, are economically viable now (barely) and give up little
>in utility.


Nice thoughful comment
-----------------
The SnoMan
www.thesnoman.com