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Thread: GM puts Volt engine plant on hold to conserve cash

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    GM puts Volt engine plant on hold to conserve cash

    Source [Yahoo! News (AP) | GM puts Volt engine plant on hold to conserve cash]

    DETROIT General Motors Corp., anxiously conserving cash so it can keep operating into 2009, said Wednesday it would halt construction of a plant tied to one of its most important projects while the automaker awaits a Washington bailout.

    GM said it is putting the brakes on the construction of a factory in Flint, Mich., set to make 1.4-liter engines for the Chevrolet Cruze and the Chevy Volt plug-in electric car.

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    Re: GM puts Volt engine plant on hold to conserve cash

    They should be denied bailout funds for wanting to build another plant in Michigan. Oh and also for the absurdity of wanting to market an electric car.

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    Re: GM puts Volt engine plant on hold to conserve cash

    Quote Originally Posted by Oftencold View Post
    They should be denied bailout funds for wanting to build another plant in Michigan.
    Ya, I don't understand why they keep opening plants in Michigan when there are plenty of states that DON'T try to strangle their industries to death: California, Nevada, Delaware, Tennessee, the Carolinas, and Alabama come to mind.

    Quote Originally Posted by Oftencold
    Oh and also for the absurdity of wanting to market an electric car.
    I disagree. That makes perfect sense. GM was poised to be the first auto manufacturer to develop an cheap electric car for commercial sales...now it seems likely that Toyota or Honda will beat them.
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    Re: GM puts Volt engine plant on hold to conserve cash

    It seems like a case of "damned if I do, damned if I don't." If they don't shut down, they'll run out of cash too fast. If they do shut down, they'll make it further with what they have... but end up stopping work on a model that might give them a bit of needed edge in the future.
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    Re: GM puts Volt engine plant on hold to conserve cash

    Quote Originally Posted by Kandahar View Post
    Ya, I don't understand why they keep opening plants in Michigan when there are plenty of states that DON'T try to strangle their industries to death: California, Nevada, Delaware, Tennessee, the Carolinas, and Alabama come to mind.
    Don't forget Kentucky, Indiana, and Ohio among others.

    I guess the auto makers in these states are so 'strangled' that they need a government bail out. Oops, wait, I forgot. Plants in these states are profitable and the workers aren't worried about losing their jobs.

    We have four auto plants here, 2 Ford, 1 GM, and 1 Toyota. Toyota is the only plant that is profitable and the people there are happy.

    The Toyota plant is also the cleanest of the four by far. You can eat off the floor. You'd better dig out some clothes and shoes that you don't want anymore before going in the others.

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    Re: GM puts Volt engine plant on hold to conserve cash

    Quote Originally Posted by Gill View Post
    Don't forget Kentucky, Indiana, and Ohio among others.
    Kentucky is a bit better. Indiana and Ohio are nearly as bad as Michigan. During b-school I designed supply chains for several automotive companies. In Ohio especially, there are massive layoffs. I dunno about the auto manufacturers themselves, but their suppliers are not doing well at all.

    I've been to Toyota's facilities in Hebron and Georgetown, and I completely agree. They are very clean and efficient.
    Last edited by Kandahar; 12-18-08 at 09:34 AM.
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    Re: GM puts Volt engine plant on hold to conserve cash

    They're going to go under anyways; might as well make as many environmentally friendly cars as possible in that time period.

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    Re: GM puts Volt engine plant on hold to conserve cash

    Quote Originally Posted by Oftencold View Post
    Oh and also for the absurdity of wanting to market an electric car.
    Seriously, no.

    The Volt is perhaps THE most anticipated car coming out of Chevy right now. Its actually why this move just boggles my mind.

    First, the Volt isn't an "electric" car. It is the truest form of Hybrid you could really get. Under 40 miles and it can go on the electric power the entire way. Makes it wonderful for your daily commutes around a city, etc. HOWEVER, it also does take gasoline or ethenol which will allow its range to be extended up to 600 miles I believe. It also helps catch the common pitfalls of an electric car with "what if the suns not out" (When solor powered) or "what happens if you run out of battery".

    Second, if they actually got it out on time they'd have the first real plug-in hybrid that likely hit hte U.S. Markets and would've provided an American alternative to the oversea's hybrids that likely would've sold well. On top of that Chevy has got more buzz about this car than anything they've done, and this thing is hot and wanted. To do anything to screw it coming out on time is foolishness.

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    Re: GM puts Volt engine plant on hold to conserve cash

    Quote Originally Posted by Zyphlin View Post
    On top of that Chevy has got more buzz about this car than anything they've done, and this thing is hot and wanted. To do anything to screw it coming out on time is foolishness.
    That's why they are making the move. Tehy want the govenremtn to bail them out, and by taking the most highly anticipated American vehical in years out of the running, they are sending a message that they are "doomed" and need to be saved.

    That's my take on it.
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    Re: GM puts Volt engine plant on hold to conserve cash

    Quote Originally Posted by Zyphlin View Post
    Seriously, no.

    The Volt is perhaps THE most anticipated car coming out of Chevy right now. Its actually why this move just boggles my mind.

    First, the Volt isn't an "electric" car. It is the truest form of Hybrid you could really get. Under 40 miles and it can go on the electric power the entire way. Makes it wonderful for your daily commutes around a city, etc. HOWEVER, it also does take gasoline or ethenol which will allow its range to be extended up to 600 miles I believe. It also helps catch the common pitfalls of an electric car with "what if the suns not out" (When solor powered) or "what happens if you run out of battery".

    Second, if they actually got it out on time they'd have the first real plug-in hybrid that likely hit hte U.S. Markets and would've provided an American alternative to the oversea's hybrids that likely would've sold well. On top of that Chevy has got more buzz about this car than anything they've done, and this thing is hot and wanted. To do anything to screw it coming out on time is foolishness.
    With gas at less than $2/gal, and the economy weak, how many customers would be willing to pay a significantly higher price for a vehicle that gets more miles to the gallon?

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