At this point I personally do not think it will be the sole savior of GM, but I think it a step in the next direction that has the potential to give them what they need to survive. Although the official price hasn’t been announced, it’s likely to run between $30,000-40,000, and I don’t think that their is enough demand for electric cars at this point for it to be widely sold. I think environmentally conscious people who can’t afford the more expensive models are more likely to buy a cheaper hybrid, and those that can afford it will spring for the more expensive models. However, GM is taking steps in the right direction by making smaller cars, more hybrids, and is fitting into the demand of consumers, so I think they will be okay.
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