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Chevy Volt a Failure - GM to Layoff 1,300

Discussion in 'Sports and News' started by Evil Bastard (aka Chris_L), Mar 2, 2012.

  1. The Big Ragu

    The Big Ragu Moderator Staff Member

    Chevy should also be sinking trillions into martian-style space ships. So it is ready when the demand is there.

    Chevy was a bankrupt auto company that in a corrupt twist of events, got taken over by politicians in office at a cost of billions of dollars of public debt. When you are spending money that you are not accountable for, yeah, you can do things like what you just suggested.

    Companies that actually have to compete in a competitive marketplace, and don't get to rack up endless debt that gets pushed on everyone in the country, don't have that luxury. That is why companies don't throw money into sinkholes and wait endlessly in the hope that some day someone will demand whatever it is they dream about. Product development in the real world entails assessing the marketplace, determining the viability of producing a product that can be successful in that marketplace, and making a decision based on how much investment you can afford and how quickly you can expect to make back that investment and see a return. And when you miscalculate, smart companies admit their mistakes and try to limit the damage.
     
  2. GeorgeFHayek

    GeorgeFHayek Member

    How much did creating and maintaining these airwaves cost the US government?
     
  3. Armchair_QB

    Armchair_QB Well-Known Member

    The stupidity of this analogy is just breathtaking.
     
  4. YankeeFan

    YankeeFan Well-Known Member

    Making coffee is older than 100-years-old, and yet it keeps improving.

    Advances have been made in growing, drying, processing, roasting, and blending coffee. There's a ton of science that goes into it.

    In just the last several years, new extraction techniques have emerged as well:

    http://www.bunn.com/products/air_infusion/trifecta.html

    http://www.synesso.com/

    http://www.starbucks.com/coffee/learn/clover

    If you're still drinking the same cup of coffee your parents drank, you're missing out.
     
  5. YankeeFan

    YankeeFan Well-Known Member

    And when did the electric car debut?
     
  6. da man

    da man Well-Known Member

    And there's pretty strong consumer demand for coffee.
     
  7. Azrael

    Azrael Well-Known Member

    We were arguing about this editorial linked from Wired

    http://www.wired.com/opinion/2013/02/tesla-vs-new-york-times-when-range-anxiety-leads-to-road-trip-rage/

    in which the analogy was made that Internal Combustion cars are to EVs what landlines were to cell phones.

    Sorry you missed it.
     
  8. Azrael

    Azrael Well-Known Member


    How much creating and maintaining does it do when it leases timber or ranchland or mineral rights for private development?
     
  9. YankeeFan

    YankeeFan Well-Known Member

    And, the most growth in the industry has been in higher priced, specialty coffees.

    Starbucks and even McDonalds are trying to publicize the quality of their beans and the resulting taste of the coffee.

    Starbucks bought brand new espresso machines for every one of their stores in the last couple of years. McDonalds spent a ton of money on equipment, and retrofitting their stores. They also spent a ton in research, and on better quality coffee.

    And, they both did it because of consumer demand.
     
  10. Azrael

    Azrael Well-Known Member


    In toy form, the early 19th century.

    Early 20th century for one you could ride in.
     
  11. YankeeFan

    YankeeFan Well-Known Member

    Az, the governments role in regulating/leasing/selling airwaves is a good/necessary thing because their would likely be chaos without it.

    But, it's not like the government "built" the airwaves, "maintains" them, or is able to generate revenue through their own use of them.

    That the government has been able to generate revenue out of thin air is a great thing. But, we don't need to act like its some sort of benevolence or corporate subsidy.
     
  12. Justin_Rice

    Justin_Rice Well-Known Member

    Our Volt continues to not be a failure. It's my wife's favorite car she's ever driven. And we continue to spend basically $0 on gas for her day-to-day driving.
     
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