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Topic: GM goal: 500K with electrification by 2017 |
GM goal: 500K with electrification by 2017
Detoit Free Press, by Nathan Bomey
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Original Article
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Posted By:KarenJ1, 11/16/2012 9:10:03 AM
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| General Motors said it will have delivered at least 500,000 vehicles "with some form of electrification," such as a hybrid drive system, by 2017. The announcement by Mary Barra, head of GM´s global product development, came Wednesday at an event in San Francisco, where GM is showcasing its electric vehicle strategy. GM, which has stopped providing annual production estimates of individual hybrid or plug-in models, said that within five years there would be 500,000 electrified GM vehicles of some type "on the road." That target includes cars with eAssist, a mild-hybrid system that boosts fuel economy with stop-start capability,
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Comments: Since the sale of electric cars has been so very successful they thought they should double down. s/o
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Reply 1 - Posted by:
Redneck In NY, 11/16/2012 9:15:45 AM (No. 9018038)
All sold to the Department of Defense, at an inflated cost.
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Reply 2 - Posted by:
Northcross, 11/16/2012 9:22:52 AM (No. 9018065)
In the old days, companies became successful by providing a product that the public wanted.
In the new era, companies backed by the government will tell you what you want.
Key quote: "The plug-in offers a unique opportunity to change the way people commute," Barra said.
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Reply 3 - Posted by:
MattMusson, 11/16/2012 9:24:04 AM (No. 9018067)
#2 - you are correct. That is why: Only Big Companies Can Afford Big Government.
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Reply 4 - Posted by:
bpl40, 11/16/2012 9:29:37 AM (No. 9018083)
They will deliver ´em. But who in their right minds is going to buy them?
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Reply 5 - Posted by:
bigfoot, 11/16/2012 9:33:43 AM (No. 9018091)
Power plants do not have the capacity and in fact are being forced to shut down. Park them and let them rust. The Kakistocracy continues.
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Reply 6 - Posted by:
texaspast, 11/16/2012 9:58:00 AM (No. 9018170)
Heck, every automobile already has ´some form of electrification.´
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Reply 7 - Posted by:
Mass Minority, 11/16/2012 10:04:29 AM (No. 9018187)
Annual DOmestic car production across GM´s 7 brands 2.5 million units, down from 4.6 million in 1998. 100,000 units annualy through 2017 is equal to less than 4% of the GM fleet.
If a GM project engineer appraoched Management with an idea for a car design projected to sell such low numbers he would be summarily ushered out of the boardroom and maybe out of his office as well.
This is a PR gimmick to keep the federal subsidy money flowing and mollify an unelected Obozo Czar.
GM´s largest growth market is China, how many of these electrified vehicles will be sold there? What happens to GM when (not if, when) China´s economy stalls? Who pays for the mistakes of their "green" initiatives, Oh thats right, their largest stockholder the US taxpayer.
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Reply 8 - Posted by:
Bevan, 11/16/2012 10:08:38 AM (No. 9018206)
GM did say "deliver" not sold.
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Reply 9 - Posted by:
Ida Lou Pino, 11/16/2012 10:33:38 AM (No. 9018281)
Well - - if we count cigarette lighters as "electrification" - - there are already tens of millions of electrified cars on the road.
OK, then - - goals met - - problem solved.
NEXT!
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Reply 10 - Posted by:
mickturn, 11/16/2012 11:09:32 AM (No. 9018403)
Delivered? How about selling a good product instead of these idiotic inefficient high cost automotive misfits?
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Reply 11 - Posted by:
Whamdbambam, 11/16/2012 11:25:13 AM (No. 9018435)
I´m not sure that "electrocution" is the same thing as "electrification."
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Reply 12 - Posted by:
lylacat, 11/16/2012 12:30:57 PM (No. 9018612)
GM sells cars to deadbeats, because their main loan company is Ally, which is owned 80% by the American taxpayers. Look for Ally to go bankrupt soon (their mortgage branch already went bankrupt). As long as GM can count on the taxpayer picking up the tab for any yahoo who comes in with a horrid credit score, these deadbeats just sign on the dotted line, they drive out in a shiny new car, never to be heard from again, and when the loan is not paid, the American taxpayer once again is bailing out this wretched company, GM. I will never buy a GM product ever again.
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Reply 13 - Posted by:
slab, 11/16/2012 1:26:09 PM (No. 9018746)
GM will be long gone by 2017.
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Reply 14 - Posted by:
brendacross, 11/16/2012 5:41:28 PM (No. 9019301)
Just heard today that Nissan Leaf production has been discontinued. Only sold 9700 units last year 2011 and 6900 this year.
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