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Chevrolet Volt
GM isn't going to let a little thing like a lack of money prevent the Volt from coming to market in 2010

General Motors has been in a downward spiral all year with lagging sales and losses in the billions. GM and its cross town rival, Chrysler, asked Congress for monetary assistance to stave off bankruptcy by the end of the year. In the end, the Senate failed to hand over even $14 billion USD to the two struggling Detroit giants.

Now as the White House mulls what plan it will present to help GM and Chrysler stay in business during 2009, GM is stating that it will bring the Chevrolet Volt to market no matter what. This confidence in the Volt program comes despite that fact that GM announced yesterday that it would halt the production on a new engine assembly plant which will produce the 1.4-liter gasoline engine/generator for the vehicle.

Despite the setback with the engine assembly plant, billions of dollars in losses, and a production schedule that leaves little room for error, GM is still committed to bring the Volt -- and the Chevrolet Cruze -- to market by the end of 2010 as it has always stated.

If the engine assembly plant is unable to be completed in time to get the production Chevrolet Volt and Cruze out the door in 2010, GM will be forced to rely on one of its overseas facilities to produce the engine according to the Wall Street Journal. Interestingly enough, the Chevrolet Cruze is already available in overseas markets like South Korea albeit with a 1.6-liter four-cylinder engine -- two years ahead of the car’s North American launch.

"Everything that involves heavy cash outlays obviously is under review," said GM spokeswoman Sharon Basel on Wednesday. "Our intent is to still go forward with a new facility bringing that engine to Flint, Michigan."

"Although we are temporarily absolutely stopping all work on everything, the Volt will be out as originally scheduled," added one GM executive.

GM is banking on the Volt to bring it some of the same positive press that has been bestowed upon the Toyota Prius. However, the Prius and its rival, the Honda Insight, have base prices below the $24,000 mark. The Volt, however, will be priced near or will surpass the $40,000 mark before a $7,500 tax credit.



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RE: Price
By cokbun on 12/18/2008 9:16:47 PM , Rating: 2
and what exactly are these " skills? " dont car companies have job trainings and all? are toyotas made by unskilled workers?


RE: Price
By mindless1 on 12/20/2008 4:55:35 PM , Rating: 2
It's not about skills, it's about the same old excuse as always that someone claims their "skills" should entitle them to sit on their bum and earn more than people doing real work. Why? Oh, because they sat on their bum for several years at higher education while their counterpart was doing what? Something already benefitting society.

I'm not suggesting someone with valuable skills shouldn't be paid well, rather than anyone who does an honest day's work should not be working for peanuts, if anything the worse the job is the more it should pay. I'm saying that besides enough money to pay back college loans, the local garbage man should make as much as a lawyer because picking up garbage all day would be terrible. The lawer has more skills, but who really thinks someone given the opportunity wouldn't take the later before the former? Truth is, even in the so-called land of opportunity it is not just what one chooses to do, it's still random circumstance that decides skilled or unskilled labor and the pay should be based on the work, not on some overly conceptualized idea about skill.

Someone is bound to come along and challenge that this leaves no incentive for people to learn the advanced skills. Quite the contrary, the average high school kid wants to loaf around and party at college then have the prestige of the higher skilled job, easier job, either way.

What is needed to make auto workers even better at their jobs? Make the job more desirable so there is more competition for it, so the best candidates possible pursue the jobs. That increases productivity and quality.


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