GM to Build Two More Electric Cars in Addition to the Volt

I’m sort of torn about GM. I feel like it’s crazy for our government to invest in a failing company. It just seems unsustainable, but my heart goes out to all the folks that work for this company.

It worries me that they already need more money. Where did the billions of dollars we just gave them go? If they want us to keep propping them up, I’d like to see some more transparency from them. Or maybe they are being open and honest about how they’re spending the bailout money, and I just don’t know where to look! Please correct me, if so! I’d like to know!

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Truth about GM-America? Check out GM-China on this web! Chances for GM to sell the “Vapor-Ware” Volt? SEE:
“The astounding Chinese have epoched the great GM, of U.S.A. in producing an Electric/gas/plug-in car! They are driving them in the streets of China as we speak, they will be retailed in the U.S.A. by 2011, they will cost half the price of a “Volt” and they are “On Order” for Israel! GM, take a deep breath, your naughty parts have just been cut off by a Chinese high-tech competitor, and the “Volt” is still “Vapor-ware”!” See:http://www.cleantech.com/news/3983/chinas-byd-sells-first-mass-produced-plug-cars
More grief from China? SEE:
China’s New Hybrid Cars: Almost Affordable in China
http://www.treehugger.com/files/2008/04/chinas_new_hybrid_electric_cars.php
Truth about the backers of the Chinese automotive adventure?
Fact of life: The American Uber-rich automotive investment capital is now moved into China on the Shanghai market board, invested in Chinese corporations – never to return to the U.S.A.
Fact of life: China has found a use for its daughters, in the factories, for 85 cents an hour, 12 hours a day, 7 days a week, rice-burning, in factory dwelling, slot toileted, factory uniformed, union free, company cafeteria fed, government rail transported to and from the boonies, unending, self-regenerating supply of cheap female Chinese peasant labor.
Fast of life: American car concerns are old, corrupt, intertwined and union bound, laced with favoritisms, old shop thinking, regional and family “inherited” jobs passed from generation to generation, keeping out new blood.
The Truth:
Every business has its “Life-Cycle” This concept is freely available and well explained in most Bus. 101 college level courses. Some of these illustrious American published tests even use GM as a case study example of an old business that has run it’s course, and is so corrupted and tarnished that it stalls and dies! According to bus 101 college texts, GM has run its course, and is at the unhappy end of it’s business “Curve” – Not so for the new, Asian enterprises! and they will out-run their aging parent companies just as a younger man is more able to out-produce and older one! GM and Chrysler are the “old men” of the American car scene, just as Mercedes, Fiat, Citroen, and VW, ever cautious in there product line-ups are the “old men” of European situation. Hyundai, Honda, Toyota, and the newer upstarts to come from China will leave little room in the marketplace for the “old men” and their stodgy old-fashioned, 1930’s sheetmetal, levers and hydraulic , over-weight, piston engined nightmares, and zip past them in diesel/Electric, plug-in hybrids very soon! The “Volt” is a nightmare marriage of very old, stodgy ideas, and “vapor-ware” to date at any rate – the only “All American” to depend on Korean batteries! The new Chinese equivalent to the Smart/Diesel/Electric plug-in is a current day reality, living and driving on the streets of Shanghai as we speak! American consumers’ inability to adapt quickly to change, and a current over-run of production, are the only reasons gas cars built in America exist today! The American Automotive Industry was sold out to off-shore interests long ago! We are now about to witness the closing of the American factories and a massive influx of imported cars, similar to all the other “Stuff” that went off-shore for cheaper wages. A fact of Life!

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The bottom line, too much, too little, too late!!

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