“General Motors announced Monday that it would cease production of the hybrid electric plug-in Volt and its gas-powered sister car the Cruze. The announcement came as part of a larger restructuring by the car company as it seeks to focus production around the bigger vehicles in favor with U.S. consumers.” (direct quote from link provided by you)
Politics of Obingo caused this mess. The Volt sucks. Range is short and the gas motor does not directly power the car via a mechanical drive line. Ask someone who owns one what happens when the battery dies and it's powered by the motor. It is just a generator and doesn't get the job done. The Cruz gets canceled as they are the same platform and the production numbers become too small to be profitable.
Us Americans like big honking trucks and SUV's with big room and big power. All you greenies can fuck off!
2 years into Trump and you are still blaming Obama. #clockworkshill
“General Motors announced Monday that it would cease production of the hybrid electric plug-in Volt and its gas-powered sister car the Cruze. The announcement came as part of a larger restructuring by the car company as it seeks to focus production around the bigger vehicles in favor with U.S. consumers.” (direct quote from link provided by you)
Politics of Obingo caused this mess. The Volt sucks. Range is short and the gas motor does not directly power the car via a mechanical drive line. Ask someone who owns one what happens when the battery dies and it's powered by the motor. It is just a generator and doesn't get the job done. The Cruz gets canceled as they are the same platform and the production numbers become too small to be profitable.
Us Americans like big honking trucks and SUV's with big room and big power. All you greenies can fuck off!
2 years into Trump and you are still blaming Obama. #clockworkshill
“General Motors announced Monday that it would cease production of the hybrid electric plug-in Volt and its gas-powered sister car the Cruze. The announcement came as part of a larger restructuring by the car company as it seeks to focus production around the bigger vehicles in favor with U.S. consumers.” (direct quote from link provided by you)
You are correct, while it morphed into a technology discussion, it started as a GM is laying off workers thread. Still, WTF does that have to do with Obama?
Yeah, Obama had nothing to do with the Volt. There are paid flacks who don't debase themselves as much as you do Hondo in service of Obama.
“General Motors announced Monday that it would cease production of the hybrid electric plug-in Volt and its gas-powered sister car the Cruze. The announcement came as part of a larger restructuring by the car company as it seeks to focus production around the bigger vehicles in favor with U.S. consumers.” (direct quote from link provided by you)
You are correct, while it morphed into a technology discussion, it started as a GM is laying off workers thread. Still, WTF does that have to do with Obama?
Yeah, Obama had nothing to do with the Volt. There are paid flacks who don't debase themselves as much as you do Hondo in service of Obama.
I know you don't like facts. But here's the history.
Concept vehicle Edit The Chevrolet Volt concept car debuted at the January 2007 North American International Auto Show, becoming the first-ever series plug-in hybrid concept car shown by a major car manufacturer.[28][29] The Volt concept vehicle had four doors with a rear liftgate and seating for four passengers. This was a significant change in design when compared to the General Motors EV1 of the 1990s, which only seated two to reduce weight and to make the necessary room for the lead-acid battery pack. The top speed was also increased on the Volt, from the electronically limited 80 miles per hour (130 km/h) to 100 miles per hour (160 km/h). The battery pack size was reduced, from about 10.6 cu ft (300 L) in volume in the EV1, to 3.5 cu ft (100 L) in the Volt.[28][30]
General Motors' then-Vice-Chairman Robert Lutz said the two-seater sports car being developed by Tesla, the Tesla Roadster (2008), and the rapid advancement of lithium-ion battery technology inspired him to push the carmaker to develop the Volt after the 2006 Detroit Auto Show,[31][32][33] overcoming internal opposition.[34] Lutz's initial idea was to develop an all-electric car, but Jon Lauckner, General Motors Vice President for Global Vehicle Development, convinced him that to avoid an expensive battery, range anxiety concerns, and lack of public charging infrastructure, they could use a smaller battery pack with a small gasoline engine driving a generator acting as a backup to extend the range, but without a mechanical connection between the gasoline engine and the drive wheels, so it would be a pure electrically driven vehicle without many of the limitations General Motors learned from the EV1 experience.[35]
“General Motors announced Monday that it would cease production of the hybrid electric plug-in Volt and its gas-powered sister car the Cruze. The announcement came as part of a larger restructuring by the car company as it seeks to focus production around the bigger vehicles in favor with U.S. consumers.” (direct quote from link provided by you)
You are correct, while it morphed into a technology discussion, it started as a GM is laying off workers thread. Still, WTF does that have to do with Obama?
Yeah, Obama had nothing to do with the Volt. There are paid flacks who don't debase themselves as much as you do Hondo in service of Obama.
I know you don't like facts. But here's the history.
Concept vehicle Edit The Chevrolet Volt concept car debuted at the January 2007 North American International Auto Show, becoming the first-ever series plug-in hybrid concept car shown by a major car manufacturer.[28][29] The Volt concept vehicle had four doors with a rear liftgate and seating for four passengers. This was a significant change in design when compared to the General Motors EV1 of the 1990s, which only seated two to reduce weight and to make the necessary room for the lead-acid battery pack. The top speed was also increased on the Volt, from the electronically limited 80 miles per hour (130 km/h) to 100 miles per hour (160 km/h). The battery pack size was reduced, from about 10.6 cu ft (300 L) in volume in the EV1, to 3.5 cu ft (100 L) in the Volt.[28][30]
General Motors' then-Vice-Chairman Robert Lutz said the two-seater sports car being developed by Tesla, the Tesla Roadster (2008), and the rapid advancement of lithium-ion battery technology inspired him to push the carmaker to develop the Volt after the 2006 Detroit Auto Show,[31][32][33] overcoming internal opposition.[34] Lutz's initial idea was to develop an all-electric car, but Jon Lauckner, General Motors Vice President for Global Vehicle Development, convinced him that to avoid an expensive battery, range anxiety concerns, and lack of public charging infrastructure, they could use a smaller battery pack with a small gasoline engine driving a generator acting as a backup to extend the range, but without a mechanical connection between the gasoline engine and the drive wheels, so it would be a pure electrically driven vehicle without many of the limitations General Motors learned from the EV1 experience.[35]
Killer rebuttal if had said Obama had designed or funded and or engineered the Volt Hondo.
Obama promoted the hell out of the Volt and was a very big cheerleader for it even saying that after he was out of office he was going to buy one.
As usual, you're fucking murder on claims I've never made Hondo. This is why this thread is also about Obama cocksucker.
“General Motors announced Monday that it would cease production of the hybrid electric plug-in Volt and its gas-powered sister car the Cruze. The announcement came as part of a larger restructuring by the car company as it seeks to focus production around the bigger vehicles in favor with U.S. consumers.” (direct quote from link provided by you)
Politics of Obingo caused this mess. The Volt sucks. Range is short and the gas motor does not directly power the car via a mechanical drive line. Ask someone who owns one what happens when the battery dies and it's powered by the motor. It is just a generator and doesn't get the job done. The Cruz gets canceled as they are the same platform and the production numbers become too small to be profitable.
Us Americans like big honking trucks and SUV's with big room and big power. All you greenies can fuck off!
GM said the these cuts are part of a larger strategy to transition to electric and self driving vehicles. I know 2 people that have a Volt and both like it. The gas motor isn't supposed to drive like a standard ICE car it's supposed to let you limp home if you run out of juice. I'm surprised they are cutting it but it sounds like it's going to be replaced with something all electric.
Trucks and SUVs have a place and I don't think they are being replaced with electric anytime soon. Commuters and daily drivers are a different story.
“General Motors announced Monday that it would cease production of the hybrid electric plug-in Volt and its gas-powered sister car the Cruze. The announcement came as part of a larger restructuring by the car company as it seeks to focus production around the bigger vehicles in favor with U.S. consumers.” (direct quote from link provided by you)
Politics of Obingo caused this mess. The Volt sucks. Range is short and the gas motor does not directly power the car via a mechanical drive line. Ask someone who owns one what happens when the battery dies and it's powered by the motor. It is just a generator and doesn't get the job done. The Cruz gets canceled as they are the same platform and the production numbers become too small to be profitable.
Us Americans like big honking trucks and SUV's with big room and big power. All you greenies can fuck off!
GM said the these cuts are part of a larger strategy to transition to electric and self driving vehicles. I know 2 people that have a Volt and both like it. The gas motor isn't supposed to drive like a standard ICE car it's supposed to let you limp home if you run out of juice. I'm surprised they are cutting it but it sounds like it's going to be replaced with something all electric.
Trucks and SUVs have a place and I don't think they are being replaced with electric anytime soon. Commuters and daily drivers are a different story.
I know people that have been stranded in them on the freeway at 45 MPH on the grapevine in Klai. They were stupid. I'm sure it's fine just don't drive very far!
The American maverick persona is the biggest thing hurting American car manufacturers. The US has wider roads, which these companies built vehicles to fit them. Unfortunately, do to more congestion and thinner roadways, Europeans like to drive thinner more maneuverable trucks and SUVs. Basically forcing Ford, GM, and Dodge's hands into to making different versions of the same trucks and SUVs.
GM Cars have sucked since the 70’s. They make good trucks and SUVs though. Cadillac’s are nice for 5 years before they fall apart like every other GM car.
The American maverick persona is the biggest thing hurting American car manufacturers. The US has wider roads, which these companies built vehicles to fit them. Unfortunately, do to more congestion and thinner roadways, Europeans like to drive thinner more maneuverable trucks and SUVs. Basically forcing Ford, GM, and Dodge's hands into to making different versions of the same trucks and SUVs.
El oh el. Um no. I mean it's factual they want smaller cars. They has nothing to do with why they are cutting jobs.
WASHINGTON (Reuters) - The U.S. government lost $11.2 billion on its bailout of General Motors Co (GM.N), more than the $10.3 billion the Treasury Department estimated when it sold its remaining GM shares in December, according to a government report released on Wednesday.Apr 30, 2014
CEO says GM has repaid government loans in full By Robert Farley on Tuesday, April 27th, 2010 at 4:59 p.m.
In an ad reminiscent of Lee Iacocca's "Thanks, America" commercials in 1983 after Chrysler had repaid government-backed loans, General Motors CEO Ed Whitacre has taken to the prime-time airwaves to boast that GM has paid back its government loans, in full, and ahead of schedule.
"A lot of Americans didn't agree with giving GM a second chance," Whitacre says in the ad. "Quite frankly, I can respect that. We want to make this a company all Americans can be proud of again. That's why I'm here to announce we have repaid our government loan, in full, with interest, five years ahead of the original schedule. But there's still more to do. Our goal is to exceed every expectation you've set for us."
In addition to Whitacre, the loan repayment has been trumpeted by President Barack Obama and numerous members of his administration.
It's true that GM has squared up on its government loans, but Whitacre isn't telling the full story.
With GM in deep trouble and hundreds of thousands of jobs in the balance, the Obama administration -- through the Troubled Asset Relief Program (TARP) -- stepped forward with tens of billions of dollars worth of assistance. As of March 31, 2010, the U.S. Treasury had committed approximately $52.4 billion to GM.
Only a fraction of that, $6.7 billion, was in the form of loans. Most of the government's GM investment was converted to an ownership stake in the New GM, the company that emerged from bankruptcy: $2.1 billion in preferred stock; and 60.8 percent of the company's common equity.
On December 19, 2008, President Bush agreed to a $24.9 billion bailout using TARP: $13.4 billion for GM, $5.5 billion for Chrysler, and $5 billion for GMAC.
In response, the companies promised to fast-track development of energy-efficient vehicles and consolidate operations. GM and Ford agreed to streamline the number of brands they produced. The United Automobile Workers union agreed to accept delayed contributions to a health trust fund for retirees. It also agreed to reduce payments to laid-off workers. The three CEOs agreed to work for $1 a year and sell their corporate jets.
On March 19, 2009, the Treasury Secretary Hank Paulson also approved $5 billion in loans to auto suppliers.
CEO says GM has repaid government loans in full By Robert Farley on Tuesday, April 27th, 2010 at 4:59 p.m.
In an ad reminiscent of Lee Iacocca's "Thanks, America" commercials in 1983 after Chrysler had repaid government-backed loans, General Motors CEO Ed Whitacre has taken to the prime-time airwaves to boast that GM has paid back its government loans, in full, and ahead of schedule.
"A lot of Americans didn't agree with giving GM a second chance," Whitacre says in the ad. "Quite frankly, I can respect that. We want to make this a company all Americans can be proud of again. That's why I'm here to announce we have repaid our government loan, in full, with interest, five years ahead of the original schedule. But there's still more to do. Our goal is to exceed every expectation you've set for us."
In addition to Whitacre, the loan repayment has been trumpeted by President Barack Obama and numerous members of his administration.
It's true that GM has squared up on its government loans, but Whitacre isn't telling the full story.
With GM in deep trouble and hundreds of thousands of jobs in the balance, the Obama administration -- through the Troubled Asset Relief Program (TARP) -- stepped forward with tens of billions of dollars worth of assistance. As of March 31, 2010, the U.S. Treasury had committed approximately $52.4 billion to GM.
Only a fraction of that, $6.7 billion, was in the form of loans. Most of the government's GM investment was converted to an ownership stake in the New GM, the company that emerged from bankruptcy: $2.1 billion in preferred stock; and 60.8 percent of the company's common equity.
WASHINGTON (Reuters) - The U.S. government lost $11.2 billion on its bailout of General Motors Co (GM.N), more than the $10.3 billion the Treasury Department estimated when it sold its remaining GM shares in December, according to a government report released on Wednesday.Apr 30, 2014
Comments
Concept vehicle Edit
The Chevrolet Volt concept car debuted at the January 2007 North American International Auto Show, becoming the first-ever series plug-in hybrid concept car shown by a major car manufacturer.[28][29] The Volt concept vehicle had four doors with a rear liftgate and seating for four passengers. This was a significant change in design when compared to the General Motors EV1 of the 1990s, which only seated two to reduce weight and to make the necessary room for the lead-acid battery pack. The top speed was also increased on the Volt, from the electronically limited 80 miles per hour (130 km/h) to 100 miles per hour (160 km/h). The battery pack size was reduced, from about 10.6 cu ft (300 L) in volume in the EV1, to 3.5 cu ft (100 L) in the Volt.[28][30]
General Motors' then-Vice-Chairman Robert Lutz said the two-seater sports car being developed by Tesla, the Tesla Roadster (2008), and the rapid advancement of lithium-ion battery technology inspired him to push the carmaker to develop the Volt after the 2006 Detroit Auto Show,[31][32][33] overcoming internal opposition.[34] Lutz's initial idea was to develop an all-electric car, but Jon Lauckner, General Motors Vice President for Global Vehicle Development, convinced him that to avoid an expensive battery, range anxiety concerns, and lack of public charging infrastructure, they could use a smaller battery pack with a small gasoline engine driving a generator acting as a backup to extend the range, but without a mechanical connection between the gasoline engine and the drive wheels, so it would be a pure electrically driven vehicle without many of the limitations General Motors learned from the EV1 experience.[35]
Obama promoted the hell out of the Volt and was a very big cheerleader for it even saying that after he was out of office he was going to buy one.
As usual, you're fucking murder on claims I've never made Hondo. This is why this thread is also about Obama cocksucker.
Trucks and SUVs have a place and I don't think they are being replaced with electric anytime soon. Commuters and daily drivers are a different story.
http://fortune.com/2018/10/09/ford-stock-today-layoffs-trump-trade-tariffs/
CEO says GM has repaid government loans in full
By Robert Farley on Tuesday, April 27th, 2010 at 4:59 p.m.
In an ad reminiscent of Lee Iacocca's "Thanks, America" commercials in 1983 after Chrysler had repaid government-backed loans, General Motors CEO Ed Whitacre has taken to the prime-time airwaves to boast that GM has paid back its government loans, in full, and ahead of schedule.
"A lot of Americans didn't agree with giving GM a second chance," Whitacre says in the ad. "Quite frankly, I can respect that. We want to make this a company all Americans can be proud of again. That's why I'm here to announce we have repaid our government loan, in full, with interest, five years ahead of the original schedule. But there's still more to do. Our goal is to exceed every expectation you've set for us."
In addition to Whitacre, the loan repayment has been trumpeted by President Barack Obama and numerous members of his administration.
It's true that GM has squared up on its government loans, but Whitacre isn't telling the full story.
With GM in deep trouble and hundreds of thousands of jobs in the balance, the Obama administration -- through the Troubled Asset Relief Program (TARP) -- stepped forward with tens of billions of dollars worth of assistance. As of March 31, 2010, the U.S. Treasury had committed approximately $52.4 billion to GM.
Only a fraction of that, $6.7 billion, was in the form of loans. Most of the government's GM investment was converted to an ownership stake in the New GM, the company that emerged from bankruptcy: $2.1 billion in preferred stock; and 60.8 percent of the company's common equity.
On December 19, 2008, President Bush agreed to a $24.9 billion bailout using TARP: $13.4 billion for GM, $5.5 billion for Chrysler, and $5 billion for GMAC.
In response, the companies promised to fast-track development of energy-efficient vehicles and consolidate operations. GM and Ford agreed to streamline the number of brands they produced. The United Automobile Workers union agreed to accept delayed contributions to a health trust fund for retirees. It also agreed to reduce payments to laid-off workers. The three CEOs agreed to work for $1 a year and sell their corporate jets.
On March 19, 2009, the Treasury Secretary Hank Paulson also approved $5 billion in loans to auto suppliers.
https://www.thebalance.com/auto-industry-bailout-gm-ford-chrysler-3305670