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GM Exec: Hybrids Are Money Losers
planetgore.nationalreview.com ^ | February 15, 2010 | Henry Payne

Posted on 02/15/2010 8:31:08 AM PST by neverdem

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To: neverdem

I’ll have one of these babes please, low-technology and all:

http://www.seriouswheels.com/pics-1970-1979/1971-Oldsmobile-442-Red-fa-d-sy.jpg


41 posted on 02/15/2010 9:10:52 AM PST by EyeGuy
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To: ClearCase_guy

From Atlas Shrugged:
The president of a failed automobile company bragged that he was righteous because his company never made a profit.


42 posted on 02/15/2010 9:16:26 AM PST by Fred Hayek (From this point forward the Democratic Party will be referred to as the Communist Party)
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To: neverdem
GM is a loser either way, as I'm not going to purchase a Government Motors vehicle any tine soon.

The way Toyota handled their “sticky pedal”, “floor mat” problem won't sell me a Toyota either. This is a problem Toyota has known about for months and tried to fix it by telling the owners to just remove the floor mat. They need to suffer financially for their lack of respect for the intelligence of auto buyers.

43 posted on 02/15/2010 9:23:18 AM PST by chainsaw
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To: Fred Hayek

Well - if the cars of the future are unprofitable, and GM was the most experienced, next to Chrysler, in building the unprofitable (net, net) cars of the past, what is Lutz complaining about? This is what they were born for, evidently.

As to a previous poster commenting that some CAFE standard offsetting cars are what wee need to have “Corvettes in the fleet” so the “fed” goes away happy...the point is they never go away happy, they just come back for more, time and again until there are no “Corvettes in the fleet”. Don’t be so sanguine with mollifying the “Fed”.


44 posted on 02/15/2010 9:29:30 AM PST by Wally_Kalbacken
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To: neverdem
How bout natural gas?

I rarely hear anyone speak about the benefits of NG.

It is estimated the U.S. supply of natural gas is hundreds of years. 22 trillion cubic feet added to the hundreds of trillions already estimated was just discovered in a field off the coast of La.

Plentiful, clean burning, not cost prohibitive, existing vehicle designs are easily converted, distribution network already in place.

Talk of converting all commercial fleets to NG back in the late 70’s/early 80’s just vanished.

Did I mention.....clean burning?

45 posted on 02/15/2010 9:30:03 AM PST by servantboy777
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To: neverdem

I LOL


46 posted on 02/15/2010 9:30:31 AM PST by Flavius
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To: brownsfan

Lutz is toast
truth be damned


47 posted on 02/15/2010 9:35:32 AM PST by holeinthehull
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To: servantboy777

I think some metro areas already run all their buses on natural gas.
Not to sound like a conspiracy nut, but maybe the reason it has not become commonplace is because Exxon, Shell and BP among others would not control the distribution of it.

Also, fork lifts among other commercial equipment already run on propane.


48 posted on 02/15/2010 9:44:49 AM PST by woodbutcher1963
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To: neverdem

He may be right, but certainly the fact that GM is coming out with a plug-in hybrid gives him a reason to proclaim the non-plug-in hybrids as being “niche” cars that nobody wants.

Quite self-serving in fact, given his Chevy Volt is heaviliy subsidized with our tax dollars and will still cost thousands more than the non-plug-in hybrids.


49 posted on 02/15/2010 9:46:04 AM PST by CharlesWayneCT ( Self-appointed Thread Monitor)
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To: woodbutcher1963
>>because Exxon, Shell and BP among others would not control the distribution of it.<<

I'm not seeing why they wouldn't, they're the ones who drill for it.

Anyhow, I hear about all the gas we have, yet it seems like we use it sparsely.

Just a thought.

50 posted on 02/15/2010 9:49:56 AM PST by servantboy777
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To: Secret Agent Man
Bigger carbon footprint to build a Prius than a Hummer. And then there are those huge pesky batteries that need replacing every few years.

Wrong, and Wrong.

The "analysis" comparing the Prius to a Hummer was totally debunked, and based on such faulty logic as presuming the Prius would be scrapped after 100,000 miles since that was when the warranty expired, while the Hummer was expected to survive almost 3 times as long.

There are virtually no reports of replacing Prius batteries yet:

And Toyota claims that not one has required a battery replacement due to malfunction or "wearing out." The only replacement batteries sold--at the retail price of $3000--have been for cars that were involved in accidents. Toyota further claims that the nickel-metal hydride (NiMH) battery packs used in all Prius models are expected to last the life of the car with very little to no degradation in power capability.
I have two Prius, one's 8 years old, the other 6, and neither has needed a battery replacement, or worn out any other items except the batteries. I haven't even had to replace the brakes yet.
51 posted on 02/15/2010 9:51:28 AM PST by CharlesWayneCT ( Self-appointed Thread Monitor)
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To: neverdem
I wish I could participate in running an American industrial icon into the ground and then bask in the ignorant adulation which accompanies my subsequent pronouncements.

It's good to be the Lutz.

52 posted on 02/15/2010 9:57:29 AM PST by Hoplite
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To: neverdem

Government owned companies don’t HAVE to make a profit.


53 posted on 02/15/2010 9:58:18 AM PST by Republic of Texas (Socialism Always Fails)
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To: chainsaw

Millions of cars, billions of miles driven, 9 incidents. Are you sure it’s the gas pedal?


54 posted on 02/15/2010 10:01:23 AM PST by Republic of Texas (Socialism Always Fails)
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To: neverdem
Worse, Lutz said that hybrids are money pits that will have to be subsidized by other GM vehicles.

Ergo, they will fit right in with the rest of the government system...............

55 posted on 02/15/2010 10:03:44 AM PST by Red Badger (Education makes people easy to lead, difficult to drive; easy to govern, but impossible to enslave.)
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To: holeinthehull

Truth is toast.
Lutz be damned.................


56 posted on 02/15/2010 10:04:23 AM PST by Red Badger (Education makes people easy to lead, difficult to drive; easy to govern, but impossible to enslave.)
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To: Republic of Texas

Neither does amtrak, usps, freddie, fannie, or ginny.


57 posted on 02/15/2010 10:06:23 AM PST by Texas resident (Hunkered Down)
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To: NewHampshireDuo

The battery is actually very closely monitored and any lessening of capacity is known immediately.

Some batteries have failed, but very few.

The warranty is quite long on the battery anyway.

And the prices for replacement batteries have come down, plus you can find pulls from wrecks now.

Not that a Prius makes any economic sense yet, mind you.

The batteries are the last thing you need to worry about with the Prius, imo. They aren’t likely to fail on you at all.


58 posted on 02/15/2010 11:20:05 AM PST by ltc8k6
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To: servantboy777

Were not talking about propane, which is a byproduct of petroleum drilling.
Natural gas could be filled at your home through the same pipeline hooked up to your furnace, hot water heater, stove, etc. It would eliminate needing to go to the service station except when you are away from home for long distances.
It is much safer to use as opposed to Propane. Propane is heavier than air and settles to the ground in the event of a leak. Natural gas is lighter than air and rises. It is less likey to cause explosions.
Also, natural gas can be found all over the eastern US , much closer to the population centers.


59 posted on 02/15/2010 11:40:53 AM PST by woodbutcher1963
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To: EyeGuy

They can take my 64 Chevy when they can pry the steering wheel from my cold dead fingers!


60 posted on 02/15/2010 12:55:31 PM PST by Impala64ssa
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