has known how to make a
for years, but held off of building one because they projected that they would lose as much as $250 million per year building them. What they hadn't counted on, though, was that a huge perception gap would grow in the public eye between
technological know-how versus
, a gap that would end up costing the company much, much more than $250 per year. So
is now clear they won't make that mistake again. "We won't make a dime on this car [the Volt] for years, and the board is OK with that." The unanswered questions remain: just how much is the Volt going to cost, and how much of a loss will GM take on each one? The answers to those important questions will surely make or break the future of the range-extended
project from GM.
The Detroit News