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Inside GM's $330 Million Detroit-Volt Investment

Thu, 12/10/2009 - 3:52am

Earlier this week, GM announced a $330 million investment in its Detroit-Hamtramck to build its new electric Chevrolet Volt, a vehicle the company is riding on to bring the automaker back to its once-dominant standing. WSJ's Neal Boudette and Dow Jones Newswires's Jeff Bennett get together to discuss the impact this investment will have on Detroit automaking. While the Volt will not sell enough units to turn GM’s financial troubles around, perhaps it represents enough of a sea change for the “Big 3” to keep American automakers up and running.

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Have any comments or questions about our Thursday video editions of IMPO Insider? Or do you have a video you'd like to see featured in one of our deployments? Email me at Joel.Hans@advantagemedia.com.

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