Jump to content
News
Reviews
Discussons
Activity
Create New...
Close

Low funds may keep Converj from seeing production

Intrepidation

By Intrepidation
in Industry News

 Share

Recommended Posts

Intrepidation

Intrepidation

Posted
Posted
Low funds may keep Converj from seeing production

2009-cadillac-converj-concept-co-1.jpg


GM's low reserves of cash could hurt the prospects of the Converj concept being green lighted for production. Bob Lutz explains, "Ready to go? Well, first we have to prove to ourselves that we have the money... and then that it's a high enough priority to displace something else, and that we can actually make money on the vehicle, and that there is potential customer interest and so forth. We haven't done any of that work yet."

It only seems logical to build it, as it would help offset cost of the Volt and it could be sold at a profit.

Follow the jump to get the full story.

atb_forum.gifhttp://www.cheersandgears.com/index.php?sh...c=27798&hl=
Link to comment
Share on other sites
Guest
This topic is now closed to further replies.
 Share
Go to topic listing


×
×
  • Create New...

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

I've whitelisted
Continue without support

Write what you are looking for and press enter or click the search icon to begin your search

Change privacy settings