GM SUV sales plummet in January
GM, bear of the hybrid car market, execs such as Robert Lutz, have questioned the business story of hybrid cars, even claiming that the Toyota Prius, the Ford Escape hybrid, and the Honda Accord hybrids are nothing but marketing hype.
Yet, preorders for the very expensive Lexus RX400h hybrid have even surpassed the Prius, and hype around the Toyota Highlander is even greater.
GM hype? TrailBlazer sales down 46 percent, Envoy plummets 51.8 percent, and the Rainier drops 26.9 percent, but GM will not be undersold, and will slash prices even further on some of its once, best-selling vehicles (More from DetroitNews).
Bye, Bye.
For an auto company with low profit margins in its automobile segment, that also finances its business with its financial arm, GM doesn't sound like a very good business story to me.
Maybe GM should listen to the EV1 protest.
Yet, preorders for the very expensive Lexus RX400h hybrid have even surpassed the Prius, and hype around the Toyota Highlander is even greater.
GM hype? TrailBlazer sales down 46 percent, Envoy plummets 51.8 percent, and the Rainier drops 26.9 percent, but GM will not be undersold, and will slash prices even further on some of its once, best-selling vehicles (More from DetroitNews).
Bye, Bye.
For an auto company with low profit margins in its automobile segment, that also finances its business with its financial arm, GM doesn't sound like a very good business story to me.
Maybe GM should listen to the EV1 protest.
Labels: Accord hybrid, bob lutz, Escape hybrid, Ford, Ford Escape hybrid, GM, Highlander hybrid, Honda, Hybrid Vehicles, Lexus hybrid, prius, toyota
posted by Dahcredyns at
3:53 AM
1 Comments:
More people should learn about electric vehicles as a solution. "Zero emissions" is something that's going to be required by law one day (you know it will). Making the decision to go electric is far cheaper anyway, like 10 cents on the dollar vs. gas. (source: zapworld.com)
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