Wednesday, August 12, 2009

Will Volt Energize General Motors

General Motors has created way too much buzz about its “Volt”. Sure the car is fuel efficient. Sure the Vice Chairman of GM Robert Lutz sells it well. But its only one product. General Motors needs a range of products. This is just a PR game designed to make the restructuring look good. The new board is playing a dangerous game by leading with only one car. Do they really have a strategy or are they making it up as you go along?

When I read your next financial statement will investors have the same passion about the numbers as the media has about Volt.