Former GM Vice Chairman disses Apple’s car project, calls it ‘a gigantic money pit’

iDownload Blog
By Christian ZibregSep 22, 2015, 9:13 am363 pts
If you’re looking for the auto industry version of “PC guys are not going to just figure this out. They’re not going to just walk in,” look no further than knee-jerk comments that former GM Vice Chairman Bob Lutz made on CNBC. His arguments: no one’s “made a nickel” selling electric cars, that market “is still…

Read Article Share
Share Article
- email
- x.com
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on MacHash

Apple CEO Tim Cook Earned $74.3 Million in 2025 277

The Gold Trump Phone Still Hasn’t Shipped 273

iOS 26 adoption lags far behind predecessors four months after launch 263

This iMac-inspired Apple Watch concept brings back Cupertino’s iconic colors 252

Apple announces annual shareholders meeting for next month 243

Apple waives age limit for Board Chair Art Levinson and Ron Sugar, but not for Al Gore in prior retirement 227

Apple's Annual Shareholders Meeting Will Take Place on February 24 226

The New York Times Profiles John Ternus 226

About MacHash

MacHash is your real-time Apple news aggregator, delivering the latest headlines on Apple, Mac, iPhone, iPad, and iOS from top sources across the web.

As a powerful content discovery platform, MacHash continuously curates breaking news, product announcements, software updates, reviews, and industry insights related to Apple Inc. and its ecosystem.

MacHash helps you stay informed on everything from macOS and iOS developments to Apple Watch, AirPods, and the latest in tech and app innovation.

Access MacHash from your desktop or mobile device to explore, follow, and share the most trusted Apple news all in one place.