General Motors Vice Chairman Bob Lutz last week repeated his long-held opinion that hybrid gas-electric cars have a limited market and will not be profitable for the Detroit automaker. However, he said that GM will be forced to make more hybrids due to tougher fuel-efficiency regulations.
This brings up the question – what hybrids can we expect from GM?
According to Jim Hall of 2953 Analytics, GM’s next-generation two-mode hybrid system will be migrating down to rear-wheel-drive sedans such as the upcoming Cadillac ATS and CTS. Both the ATS and the next-generation CTS are scheduled to debut in 2012. Hall”s viewpoint is supported by General Motors’ announcement last month that it will set up a $246 million facility to build electric motors to power future hybrids.
“In the future, electric motors might become as important to GM as engines are now,” said Tom Stephens, GM vice chairman, global product operations.
– By: Kap Shah