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29/08/2008

GM plans to loose money well after 2010 ?

Hello all,

I found an article about the future of GM and their new electrical car on wired.

http://blog.wired.com/cars/2008/03/gm-well-lose-ou.html

If I understood properly, the car is going to be for sale at the end of the decade, but won't make any money until several years later.

What is the impact on the european level of this "death march" strategy ? Is this car planned to be built in Europe ?

I'd like to hear your comment on that one !

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