Quote:
Originally Posted by nfotiu
The pulled the plug on the hybrid plug in Volt to concentrate on the fully electric Bolt. Hybrid plug ins were always going to be a transitional product anyway until the infrastructure was ready for fully electric, which it is now.
PTF's most may be overstating things a bit, but GM's words and actions, they are ditching the sedan factories to put R&D capital into electric and autonomous cars, and count on the CUV/SUV/truck market for short-medium term revenue. It's definitely a pretty big shift.
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The Bolt isn't selling as sales are down by 40% in the US. Every automaker is investing in the future but this has been coming a long time for the domestics as it's been decades where their cars simply aren't up to the standards of imports. They could still sell enough sedans when the market was buying them but now that the market has shifted to SUV's their hands were forced to stop building cars consumers didn't want. Does anyone here know anyone that owns a late model Impala? It was simply time they pulled out of that market.