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Here we are with you know what technical masterpiece and you know once and awhile -- -- -- career at least there's an -- you get to see something like this and you know the guys who are started work with -- this company did it and I'm just so proud of and they just they just headed out of the park and I think when people start to see in this and touching it and driving it they're gonna understand really what it is and it's it's terrific.
Mark Brooks thank you Jeff.
Mark is GM's North American president that was over a year guard and the launch of the Chevy Volt now GM announcing its suspending production of the -- For five weeks because of a glut of inventory and struggling sales -- the -- Jeff Flock and cover this throughout he's back a year later Janesville Wisconsin this time around -- is exactly what happened here with the -- Jeff.
Well you know it's not a bad car hi I tend to be more positive than most people if you drive and I think you're gonna light -- The problem is it -- a whole lot of money.
And this whole business with a battery.
The fires that broke out on the batteries after they were crash tested.
That was not a good thing either and we think right now the -- would be kill it because.
Gas prices are a disaster right now but.
It's just not for the GM's credit they've shut down the plant for five weeks starting.
It's that we were -- well march 19 to April 23.
This is really drug the stock down it has helped the stock at the GM stock either.
But I play -- -- course even now when we talk to him frequently even now he is standing by this I don't hold.
He said over the weekend.
This technology is here to -- and we are not reevaluating anything quite -- success they are reevaluating a few things.
Like bringing that cost of the lease for the -- from 399.
Dollars a month of 350 dollars a month but at that price tag.
I think guys that really causes of problems not play it it's put some fear of the places like this is the Janesville Wisconsin.
This is a plant oldest plant that GM arsenal can shut down for years now they were hopeful because they're on standby.
To bring another vehicle and -- here and get back to work.
-- news like this the first layoffs in the new GM.
Does not bode well for the folks here -- -- through the war.
It -- to job.
General quickly there a couple of things at play though -- haven't been and about the Prius and volt which is kind of year beer sales decision if you're out to buy car.
Didn't -- is just not as roomy as the Prius and GM just -- the emissions on this car so it can now qualify for a California State tax break in the hov -- -- there.
You know they're doing everything they possibly can pictures of the problem -- I think -- as they put so much into this car and you know I know you like a nice car it is a nice targets small.
So doesn't have much room is the Prius and it's more financing.
But the cost of it is just so far out you know and GM's credit the only thing the GM's credit.
They haven't started selling a little loss and cut the price just it just to boost sales that would be stupid and so that's the only positive -- -- give you.
I'm Jeff Jeff Flock out there Wisconsin force today it's an interesting topic to talk.
More about which we're doing here talk a business and -- the -- -- --
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