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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

With General Motors and Chrysler also showing signs of modest improvement, all looked rosy. Of course any upward momentum is to be welcomed and Congress has now approved a further $2billion as an emergency top-up for the programme (see article ). At least that was until analysts started to delve a little deeper.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

General Motors Chevy Volt series PHEV, which it calls "extended range electric vehicle" (EREV), part of "E-Flex" multi-fuel platform. Plug-in hybrid electric vehicle technologies are not yet competitive due primarily to the high cost of advanced batteries. Joint Press Release ) 4/4/07 Ford Motor Co. Newsweek ).

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

It is simply the cost of doing business. "On some products, the costs, particularly in advanced technologies, are high," he said in a lengthy interview with Automotive News (free subscription required). " In other words, General Motors is going to lose its shirt until the Volt establishes itself in the marketplace.

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