Thread: Holley goes belly up

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Filed bankrupt yesterday..........
GM chimed in ,I wonder if ford and the others will cover it up awhile longer......
Meaning I bet alot of em lost money last year and ford and the rest are in the same boat as GM and Holley.....when the electric and hydro cars bust out in 2009 ,I bet more of em loose out ,after all why should one go with ford or chevy on a electric car they have no more exsperiance than anyone else ,its hard to break out with a new car line based on the internal combustion engine ,there are proven companies who make them with a loyal following .....who has a track record on the electric car......pretty much wide open.the tesla car looks mighty good ,but at 80000 dollars is little pricey.
I think alot of the big ones are on thier way out ...you see any development of new electric cars coming from the big boys or hydro...? I think they know the jig is up the news is out ,they finally found them.............It looks like they think we will just keep burning gas when we can get better performance and longer life from electric....the tesla car has only 8 moving mechanical parts ....can you say reduced wear and extended life...its like a radio ,I have a 50 year old transitor radio that works like new,there is vitually nothing to wear out.