GM CEO: Prius Electric Car Is Geek-Mobile
By: Staff
Staff Writer
Published: Dec 12, 2021
GM CEO Prius
GM CEO: Prius electric car is geek-mobile. GM CEO Daniel Akerson knocks the Toyota Prius hybrid electric vehicle during a speech. Akerson also wants to pay his execs more to keep them at the company.
"We commonly refer to the geek-mobile as the Prius. And I wouldn't be caught dead in a Prius." GM CEO Daniel Akerson said during the speech. GM's rival Chevrolet Volt electric "actually looks good." The comment sparked an immediate reaction from Toyota.
"He's new over there; he probably doesn't remember the EV1. Toyota has sold more than 2 million Prius hybrids worldwide, and counting. Those buyers can't all be geeks," Toyota spokesman Wade Hoyt said in a statement. GM discontinued the EV1 in the 1990s and refused to let drivers their cars outright at the end of their leases. The automaker destroyed the cars to eliminate any legal liability. Critics accuse them of deliberately killing the electric car.
The CEO also wants GM to pay his execs more to keep the best, and relax the pay limits. Akerson was to meet later in the day with federal officials who oversee executive compensation for companies that received bailouts. "We have to be competitive. We have to be able to attract and retain great people," Akerson said.
Join The Conversation
Add our Facebook page to receive updates and participate in new tools and features.
Receive daily bite-sized updates by following us on Twitter.
Subscribe to our daily RSS feed to get the latest national news stories.
Recent News Stories
- Olivia Wilde and Rigorous Workouts
- Date Postponed For Bruno Mars Drug Charge In Nevada
- John Travolta Gay Claims Spark Debate Among Fans
- Nicole Richie's Wedding Dress For Her Nuptial Ceremony
- Amanda Beard Memoir Unveils Life Outside The Olympic Pool
- HIV Cure Hopes Aim For Stem Cell Transplants
- Volt Auction Winner To Be Announced Thursday By Chevy
- Weight Loss And Soda Tax Does Little
Most Popular Articles
- Amelia Earhart And Bone Found In Southwestern Pacific
- GM CEO: Prius Electric Car Is Geek-Mobile
- Teen Likely Fell From Plane In Sky Above Boston During Route
- Millionaire Arrested Honeymoon Murder In South Africa
- Couple Arrested: Dismemberment Murder Charges To Follow
- John Travolta Gay Claims Spark Debate Among Fans
- Kathy Griffin Starvation Bikini Body Shown On Divas Salute Troops Concert
- Bernie Madoff Barred From Son's Funeral Over Prison Rules
- Anna Friel Splits With Partner David Thewlis From Harry Potter
- Birther Pleads Guilty For Disobeying Army Orders