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GM to invest $500mln in small car

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General Motors provided a preview of its latest global compact car aimed at tackling customer aversion to older gas-guzzling models.

Channel: News & Politics
Uploaded: December 31, 1969 at 5:59 pm
Author: ReutersVideo

Length: 01:56
Rating: 4.50
Views: 2464

Tags: close  market  reuters  

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i10azns (December 31, 1969 at 5:59 pm)
GM was also making hybrid buses with high fuel economy before anyone else.A better question would be 'what happened to the Fuel Cell cars?' because this technology was truly new and ecological, not over 100 years old like the electric car.
i10azns (December 31, 1969 at 5:59 pm)
GM knew 50% of electricity was generated w/ Coal. They also knew in 2000 that the batteries they used were too expensive. An EV1 is sitting at my alma mater.GM currently has more models which get over 30 mpg than any other company. You don't see it, because you don't look for them.The SUV was marketed to the public because the company made more money per unit. They were also great for comfort, modifications, etc. This created a consumer demand they were only meeting.
igifts (December 31, 1969 at 5:59 pm)
GM deserves no help from the Government. It was GM that killed the EV1. Instead of investing in the R&D of Electric & Hybrid cars, they dumped it and went with the HUMMER. Don't feel sorry for this evil company! If oil drops to $50.00 a barrel, trust me, they will dump all small cars development! This is a company that never thinks outside of the box and can't see beyond tomorrow. That is why the United States is so far behind in electric and hybrid cars development.
clevername333 (December 31, 1969 at 5:59 pm)
That is one fugly car. Looks like a audi / ford rip. btw, who did kill the electric car?
zoowoop17 (December 31, 1969 at 5:59 pm)
who killed the electric car is a greattttt movie!
neogigo (December 31, 1969 at 5:59 pm)
GM's created and destroyed EV1Watch Who Killed the Electric Car?wiki the EV1
Jimmie48j (December 31, 1969 at 5:59 pm)
dang you guys are always up to date with your news ;)you guys are my first source to find out what is going on around the worldbtw, FIRST POST W00TZ!!
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