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View Full Version : GM doing something right.....

mrvette
05-31-2012, 1:23pm
GM Hy-Wire "Car of the Future" (http://www.flixxy.com/gm-hy-wire-concept-car.htm)
bsmith
05-31-2012, 1:33pm
Introduced at the Paris Motor Show in 2002, General Motors hoped to have this "Car of the Future" in production by the year 2010.
snide
05-31-2012, 1:36pm
Introduced at the Paris Motor Show in 2002, General Motors hoped to have this "Car of the Future" in production by the year 2010.

Car of the not too distant past?
NeedSpeed
05-31-2012, 1:36pm
Looks based on this:

http://collider.com/wp-content/uploads/demolition-man-movie-image-car.jpg

:D
Mike Mercury
05-31-2012, 1:59pm
the only way GM can do right - at the moment - is to ween itself free & clear of taxpayers monies.

Then I can cheer for them. :yesnod:

When L. Iacocca got gov't backed loans; Chrysler became free & clear of them within 3-4 years.
Kevin_73
05-31-2012, 2:07pm
Looks based on this:

http://collider.com/wp-content/uploads/demolition-man-movie-image-car.jpg

:D

:nono: That one runs on pure capacitance gel, the GM one isn't quite that advanced yet. :D
Mirroredshades
05-31-2012, 2:49pm
Honda has been putting those in customer's driveways for at least 5 years now.


http://carshd.net/data/media/18/honda_fcx_clarity.jpg
Stevedun
05-31-2012, 7:51pm
the only way GM can do right - at the moment - is to ween itself free & clear of taxpayers monies.

Then I can cheer for them. :yesnod:

When L. Iacocca got gov't backed loans; Chrysler became free & clear of them within 3-4 years.

I thought they already were. Paid back and clear?
Stangkiller
05-31-2012, 7:55pm
I thought they already were. Paid back and clear?

Not even close
Stevedun
05-31-2012, 7:57pm
Yep. Just found this.

GM's Phony Bailout Payback - Reason.com (http://reason.com/archives/2010/04/27/gms-phony-bailout-payback)
C5Nate
05-31-2012, 8:22pm
Honda has been putting those in customer's driveways for at least 5 years now.


First Clarity on the road was in 7/25/08.
C5Nate
05-31-2012, 8:36pm
Not even close



The Treasury, which initially held a 61 percent majority stake in GM, now only holds a 26.5 percent share.
Joecooool
05-31-2012, 11:52pm
If Epcot tought me anything, its when ever I see "___ of the future" I know its bullshit.
Mike Mercury
06-01-2012, 8:02am
I thought they already were. Paid back and clear?

Steve; getting your news from CNN/MSNBC ?

GM borrowed 61 billion initially; still owes about 30 billion. The latest figures show the US Govt still owning 35 - 40% of GM.

GM shares currently sit at around $27.00, well below the $51 per share price necessary for taxpayers to break even. Selling the US Govt shares right now would recoup about $15 billion, but leave taxpayers with only about half of the $30 billion they have yet to get back from the initial bailout of GM in 2009.

It's certainly not "free & clear"; not even close. :nonod:
Yerf Dog
06-01-2012, 8:15am
GM Hay-Wire

:D
DJ_Critterus
06-01-2012, 8:18am
If Epcot tought me anything, its when ever I see "___ of the future" I know its bullshit.

Their "innovations" exhibit is kinda trumped by anything you can get an App for, to tell the truth.
snide
06-01-2012, 10:54am
If Epcot tought me anything, its when ever I see "___ of the future" I know its bullshit.

*taught

:D