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Money-losing Chevy Volt will stay alive even if it can't "pay the rent"
General Motors doesn't have any money to play around with these days, but new CEO Fritz Henderson is willing to let at least one vehicle program's fiduciary requirements slide. Even though Henderson said recently that all GM models will need to "pay the rent," the money-losing Chevrolet Volt program will not be held to that standard. Apparently, the Volt is kind of like that really cool, constantly broke college roommate that never got kicked out because he had the best music. No one at GM ever said that the first-gen Volts would make ... Read more →
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Money-losing Chevy Volt will stay alive even if it can't "pay the rent" 8 months ago on Autoblog Green
General Motors doesn't have any money to play around with these days, but new CEO Fritz Henderson is willing to let at least one vehicle program's fiduciary requirements slide. Even though Henderson said recently that all GM models will need to "pay the rent," the money-losing Chevrolet Volt ...
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