When people like GM Vice Chairman Bob Lutz talk about how new fuel economy regulations are going to add $5-6,000 to the price of new cars and trucks, it's worth examining how they come to those numbers. Obviously there are some cars today that can achieve the 35mpg level without being insanely expensive. Unfortunately those tend to be smaller cars that the vast majority of American new car buyers seem to be unwilling to buy at current fuel prices. For any number of reasons, Americans still prefe
Just how many hybrids has General Motors sold? Apparently not very many. We all know the Prius is the 800lb gorilla of the hybrid segment with sales of between 800,000 and 900,000 so far. A reader left a link to an IRS website in a comment the other day. The site lists which vehicles are still eligible for federal tax credits which get phased out as sales for each manufacturer increase. According to the last update in October 2007, General Motors had only sold a total of 9,577 hybrid vehicles by
If a GM representative is speaking to the public these days, you can bet heavily that biofuels (cellulosic ethanol), E-Flex and the phrase "Gas friendly to gas free" will be uttered. When GM North America president Troy Clarke gave the opening keynote presentation at the Chicago Auto Show today, he followed the script to the letter. During a half-hour talk that sets the stage for the show, Clarke rolled through the points we've come to expect over the past year or so.