NewsRat = ( News - Propaganda )

Sounds good right? A new hope for GM, a new partner and a new model that is powered by full lithium-ion electric battery, 35 MPG per charge. Sounds great except that the car is smaller than a gold car and less safer. Now take a look at the picture below and tell me what would happen if someone gets in a simple accident in this so called car.

PUMA, Personal Urban Mobility and Accessibility

There are currently no prices set, and no date announced by GM and Segway. Now the question is would anybody buy this so called car? You can't drive this in a highway, maybe drive it in your 10 acre mansion, if you have one. There are a lot of people that might buy it in hopes of saving money, but they won't be happy for saving $300 when they're in the hospital after a simple accident.

GM either makes high gas consuming big SUV's or small, unsafe high MPG cars. GM needs to make something right in the middle to attract the average person away from Toyota or Honda.

Why would you buy GM, when you can get a Toyota, that is much better in price and MPG. This is best part of the free market system, companies compete over you and competition always makes the product better, whether it is a car or a health insurance.

BOTTOM LINE:

With the gas prices as normal as it is now, the hopes for this so called car are low. Some people might buy it thinking they will save money, but most will not. Just like the Hummer model from GM today. GM does not need this right now, while it is still in a situation of failing as a car company. This is a gamble by GM at a wrong time.