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Higher gas prices good for Volt, but what about GM?

Submitted by Tim on October 30, 2009 – 4:52 pmNo Comment

When will it be profitable? At a plug-in conference hosted by GM in Detroit last week, news of rising gas prices was seen as a good thing. “Every penny added to the price of gas makes alternative power just a little more attractive,” said Tony Posawatz, head of the Volt program . “If petroleum hit $150 a barrel and stays there, he and others agree, the low cost…

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Higher gas prices good for Volt, but what about GM?

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