Should GM ditch the Chevy Volt?
The Wall Street Journal wrote an article yesterday talking about whether GM should ditch the new all-electric Chevy Volt. This is a tough decision either way. You could say that since it looks like GM will be filing for bankruptcy on Monday that they and the new owners, the government and us (the taxpayers,) that no one can afford to make and especially sell these $40,000 compact sedans and have “mass-market success.” That’s one stance. The other side of the coin is that if you do not continue with the Chevy Volt, that has potential to be successful and help GM to get out of the red and back on track. Tough decision. Autobloggreen.com did a poll asking readers “Should the government pressure a bankrupt GM to ditch the Volt? Overwhelming the responses said “No Way!” It was 224 for Yes of course!” and 1085 for No Way the last time I looked. Here’s my thoughts…I think that we need to give the Chevy Volt a try at least. At this point, GM needs something different, something outstanding to try and differentiate themselves, so this could be the answer. Yes, it’s $40,000, but that’s before rebates and hopefully it won’t be long before the price comes down. I hate to see a good idea go to waste, which is what would happen if the Chevy Volt is ditched.