GRtak
Forum Addict
Could this be another of GM's big mistakes?
http://jalopnik.com/5078988/rumor-g...rogram-on-hold-cut-engineering-staff-tomorrow
http://jalopnik.com/5078988/rumor-g...rogram-on-hold-cut-engineering-staff-tomorrow
UPDATE: One PR source is telling us this morning that the Volt program is definitely not on hold and another is telling us all options are still on the table. We guess we'll find out later today. UPDATE #2: We're now being told, more vigorously this time, that there's no plan to cut the program.
If their cash burn rate has accelerated as some speculate it has, they may not be able to get through December.
Their third quarter results are due out today. We'll see what's what then.