Automotive Technology

Well, hiring 1,000 new workers will help take a big bite out of the current 15,100,000 unemployed Americans looking for work.

Look, I think the spin about the number of new jobs is simply nonsense with respect to the bigger picture.

I hope that GM makes a success out of the Volt, but GM is going to need to sell a lot of Volts to pay back $700,000,000 dollars in investment.

I have no idea how much profit is in each car, but it probably is a lot less than their other vehicles. Let's say that they get $5,000 profit for each vehicle. It's a wild guess, I know.

GM will not break even until 140,000 vehicles are sold.

At those rates I can't see the Volt as a money making machine, but maybe it will help pave the way for newer and better things.

Oh, the way this reads, the $700,000,000 is just for supporting operations of the Volt. I have no idea how much money was invested to date just to get the vehicle design released.

1,000 Engineers: Where From? Over Seas? Entrepreneurs? Colleges? The ones in the UNEMPLOYMENT LINE; are LOOSERS. How much $ does an ENGINEER get Paid? By The Hour or on Consignment? Will they offer more pay than everyone else? ( A VOLT to drive?)

Looking at what they have produced so far I just assumed they didn't have real EV engineers to begin with.

I was under the impression all they had was engineering wannabes and flunkies working for them.