GM cancels Chevy Volt "Car of the future"

npr.org/2018/11/27/671090445/gm-will-end-production-of-its-car-of-the-future-chevy-volt

GANG WEED RISE UP

Tesla just smoked up GM

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have you heard of the chevy spark you retard

That’s not an electric car, brainlet.

HAHAHHAHAHAHHAHAHAHA

>made in korea
>no fucking sales
>is being cancelled soon too

thedetroitbureau.com/2018/04/end-of-the-road-for-chevy-spark/

>BOB LUTZ

Bob Lutz: Chevy Volt Was My Favorite, Model X Is Broken, Model 3 Won’t Arrive On Time Or Price

“I’ve been identified with a lot of successful cars, but I guess the last one in my career that was groundbreaking was the Chevrolet Volt because it was an entirely new and different technology.”
BOB LUTZ said volt was a tesla killer LUL

VOLT CANCELLED

Uh the volt is a hybrid.
The bolt is all electric and not on the chopping block

Imagine being this low IQ senile soon-to-die Boomer shit

>Volt will kill tesla
>tesla will go bankrupt
>car I'm most proud of is volt

VOLT CANCELLED RETARD SHIT

BAHAHAHHAHHAHHAHAHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHHAHA

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Exit scaming

>the cuckmobile is going to kill tesla

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I own a model 3 performance u moron I wasn't saying that at all

doesn't matter

Bob Lutz was the driving behind the volt and thought it would kill Tesla and EVs

Let's all take this moment to dab on his retarded face. 5k sales ROFL

Also bolt EV can't even keep up in sales # with the expensive S or X at a subsidized low price they dont make money on.

They make them so fucking ugly it's no wonder they don't sell them

thats a solid issue right there. If chevy made a sexy inexpensive sports car ev it might be a hit

They do it on purpose. Keep in mind the CEO and executives at car companies don't care about the long term value of a company, only short term profits.

Investing in EV technology and doing it right is difficult and takes capital. The short term downside is not something a CEO of a public company will ever do.

It's similar to asking "Why didn't blockbuster switch to digital?" Blockbuster was making money off rentals and the CEO would view digital as "eating their own business". Also wouldn't seem profitable to them at the time.

Basically the traditional auto companies are not in any way structured for EV market because of the dealer network, existing huge supplies of ICE (they have 100 days of supply in many cases), and other factors

Basically they will not switch to EV. They will probably mostly go bankrupt or shut down operations before really switching. Similar to how this goes with other industries, see kodak or blockbuster.

Sorry, but Government Motors is done for.

BASED informed poster.

Well look at the track record of companies actually switching ahead to what is disrupting them

Gamestop
Sears
Kmart
toys r us
kodak
blockbuster
yahoo

it can go on and on. Once a profitable formula is threatened it's almost impossible to adapt to the future. Most will die.

I'd imagine a majority of current auto companies will be bankrupt within 5 years.

Underrated post. Seriously, the roadster that Elon launched into space gives me a boner, I'm pretty sure it's been discontinued but goddamn I would kill for an EV sports car.

Maybe not 5, but within 10 I'll bet that you're right on the money.

Timing is entirely dependent on unpredictable progress in self-driving adoption and battery costs.

Given that a breakthrough or progress in either will kill ICE vehicles I put it under 5.