RE: [DMCForum]

["timnagin" <timnagin@xxxxxxxxxxxxxx>]

"Lessees were complaining that their electric bills had increased to the
point that they'd rather be using gasoline."

 

Heh.

 

"The problem with the EV-1 was that you had to plan your life around the
car, not the other way around. A car that inconveniences people is never
going to sell. It was a mercy killing,"

 

Which is what I kinda stated previously.  Most people don't want to pay for
safety or security; they just want it to look good.  People DO pay for
convenience.

 

The more I read about this, the more it makes sense they let the leases go
on to recover some of the investment.  I am sure their liability was
extremely high so they were a law suit or twenty away from bankruptcy.  My
understanding is the Honda CRX was discontinued about the same time because
of front end crash ratings.  The EV1 looks to be about the same height in
front.

 

Greg

 

 

  _____  

From: DMCForum@xxxxxxxxxxxxxxx [mailto:DMCForum@xxxxxxxxxxxxxxx] On Behalf
Of Bob Brandys
Sent: Friday, January 04, 2008 9:47 PM
To: DMCForum@xxxxxxxxxxxxxxx
Subject: Re: [DMCForum]

 

Now the cost went up by another BILLION!

General Motors lost two billion dollars on the project, and lost money 
on every single EV1 produced. The leases didn't even cover the costs of 
servicing them.

http://www.treehugg
<http://www.treehugger.com/files/2006/07/ev1_criticism.php>
er.com/files/2006/07/ev1_criticism.php



[Non-text portions of this message have been removed]



 
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