GM Ramping Up Hybrid Production
April 23, 2008 – 6:04 pmby Darren
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GM hasn’t done much in the world of hybrid vehicles, but auto industry analysts think that’s about to change. GM has began a drive to produce and sell more hybrids.
In the first quarter of 2008, GM sold a paltry 843 hybrids. This puts GM behind Ford and way behind Toyota, which sold over one quarter million of the more expensive vehicles.
GM has the designs, but has only recently started to ramp up production.
“For GM, we’re looking at a fairly substantial increase in volume,” said Eric Fedeva, an analyst with automotive market researcher CSM Worldwide.
He isn’t the only one who thinks that GM can sell the cars if only they’d build them.
“I think they’re going to give Toyota a run for their money,” said Lonnie Miller, an analyst with market research firm R.L. Polk. “If they actually deliver on the full range of models,” he added.
If GM plans on catching up with Toyota, they’ll need to get started soon.

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