Monday, March 21, 2005

A little odd at GM

GM is having massive financial problems, laying off workers, and regularly losing marketshare. Gas is over $3 in some areas of California. So, what is GM's big move? Bringing new, large trucks and SUVs to market sooner.

Now, I would applaud this if it included a hybrid option, but it doesn't at this point. While gas might return to 'normal' levels, the odds are that demand is only going to rise for the next several years, pushing prices to permanent new levels.

If this happens, can guzzling trucks and SUVs really be expected to compete with hybrid cars? When desperation supersedes innovation, failure becomes catastrophic.

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1 Comments:

Blogger Paz said...

More people should learn about electric cars as a solution. It’s amazing how far the technology has come in just a few years. Plus the savings becomes more and more attractive the higher gas prices go. There’s even an EV that will do 0-60 mph in 4.8 seconds (source: zapworld.com). Electric is looking more and more like the way to go.

3:33 PM  

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