Hyundai hybrid cars in 2006
Hyundai plans to bring hybrid cars to America a year earlier than originally planned. By late 2006, Hyundai will offer hybrid versions of both the Accent and the Kia Rio.
In stark contrast to GM, for example, Hyundai will not offer large hybrid vehicles because of their "low profitability". GM has maintained that they are not interested in hybrid cars for the same reason and will only focus on large hybrid SUVs and trucks.
I guess that isn't much of a surprise from a company that is ramping up to market a new line of large SUVs during an economic crisis largely caused by gas-guzzling.
In stark contrast to GM, for example, Hyundai will not offer large hybrid vehicles because of their "low profitability". GM has maintained that they are not interested in hybrid cars for the same reason and will only focus on large hybrid SUVs and trucks.
I guess that isn't much of a surprise from a company that is ramping up to market a new line of large SUVs during an economic crisis largely caused by gas-guzzling.
Labels: GM, hybrid trucks, Hybrid Vehicles, Hyundai
posted by Dahcredyns at
7:50 AM
2 Comments:
"Economic crisis" ?? The stock market is doing well, employment is at all time lows, and you say we have an economic crisis?
Of course high oil prices will eventually reduce productivity of the American economy, but it will be gradual and we will adjust, and (here is the key) as long as the free market is allowed to function unimpeded by Congress.
Yes, Doug, "economic crisis".
Real estate is driving almost 50% of the economy - which is extremely lopsided historically.
Unemployment is low, but wages aren't rising, as health care costs are skyrocketing.
What happens if the real estate bubble - where most new jobs are being created - pops? Even if it doesn't pop, it sure to cool remarkably. Where will that slack be picked up?
Ford is firing and laying off workers. GM sits at junk bond status and bankruptcy whispers are still in the air, but American automaker American marketshare declines year after year.
If terrorists cause a serious disruption to America's oil supply, which they've announced that they intend to do, the "economic crisis" will become an economic catastrophe.
That's why I think foreign oil dependency needs to be seen as the threat it is. Additionally, technology, such as hybrid cars, offer tools to make a difference today. More important, technology can create jobs.
Congress has never let the markets function freely. That's why Congress needs to get biased and get involved. They should make ending foreign oil dependency a national cause and priority.
Instead of giving billions to oil companies that profit billions every month, they should fund plug-in hybrids and other fuel efficient technologies that provide solutions TODAY, not 2 decades from today.
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