Friday, September 4, 2009

Audi honcho slams GM Volt: "for the intellectual elite who want to show how enlightened they are"

"He (Audi of America President Johan de Nysschen) dismissed GM’s upcoming plug-in hybrid as “a car for idiots,” saying that few consumers will be willing to pay $40,000 -- the Volt’s estimated base price -- for a car that competes against $25,000 sedans and conventional hybrids. Nor, he noted, is the Volt a luxury car whose green-technology costs will be excused because it also delivers prestige or performance.

“No one is going to pay a $15,000 premium for a car that competes with a (Toyota) Corolla,” he said. “So there are not enough idiots who will buy it.”

He did add that plug-in hybrids are good in concept and hold advantages over diesels in stop-and-go driving. But for the moment, de Nysschen noted, electric vehicles (EVs) are more about making a statement.

“They’re for the intellectual elite who want to show what enlightened souls they are,” he said."

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