Motortrend article: 100 MPG+ Chevy Volt, GM's "Moon Shot"

On 2/8/09 9:59 PM, in article , "Scott Dorsey"
> wrote:

> Mike Hunter > wrote:
>> Is that why Toyota had a loss in 2008, as well?
>
> Everybody had a loss in 2008. GM actually did a little bit better than
> most if you ignore the massive losses that GMAC incurred. The problem with
> GM is that they've been having progressive issues going back to the 1970s
> that they don't deal with, so when we get to a point in time when everyone
> is having trouble, they aren't as easily able to deal with it as some of
> their competitors.
>
> Admittedly, Chrysler screwed themselves by taking over Benz, another ill
> conceived merger that did nothing but harm to both parties involved. So
> stuff like that makes GM look a little better in comparison.

I think you got that backwards. Benz took over Chrysler, used them to
improve their own quality and then dumped them. Capitalism in action.

> --scott