GM exec calls Apple Car a ‘gigantic money pit’

[HCK]

GM exec calls Apple Car a ‘gigantic money pit’

<p>Industry insiders are absolutely positive that Apple has no business entering the smartphone smartwatch car industry — with former GM Vice Chairman Bob Lutz telling CNBC that an Apple Car has the potential to be a, “gigantic money pit.” Yep, we agree Lutz — an autonomous Apple Car has the potential to make loads of money for […]</p><p>(via <a rel="nofollow" href="http://www.cultofmac.com">Cult of Mac - Tech and culture through an Apple lens[/url])</p><br clear='all'/>

<a href="http://rc.feedsportal.com/r/238386249043/u/49/f/606249/c/33797/s/4a113305/sc/21/rc/1/rc.htm" rel="nofollow"><img src="http://rc.feedsportal.com/r/238386249043/u/49/f/606249/c/33797/s/4a113305/sc/21/rc/1/rc.img" border="0"/>[/url]

<a href="http://rc.feedsportal.com/r/238386249043/u/49/f/606249/c/33797/s/4a113305/sc/21/rc/2/rc.htm" rel="nofollow"><img src="http://rc.feedsportal.com/r/238386249043/u/49/f/606249/c/33797/s/4a113305/sc/21/rc/2/rc.img" border="0"/>[/url]

<a href="http://rc.feedsportal.com/r/238386249043/u/49/f/606249/c/33797/s/4a113305/sc/21/rc/3/rc.htm" rel="nofollow"><img src="http://rc.feedsportal.com/r/238386249043/u/49/f/606249/c/33797/s/4a113305/sc/21/rc/3/rc.img" border="0"/>[/url]

<img src="[url]http://da.feedsportal.com/r/238386249043/u/49/f/606249/c/33797/s/4a113305/sc/21/a2.img" border="0"/>[/url]<img width="1" height="1" src="http://pi.feedsportal.com/r/238386249043/u/49/f/606249/c/33797/s/4a113305/sc/21/a2t.img" border="0"/><img width='1' height='1' src='' border='0'/><img src="http://feeds.feedburner.com/~r/cultofmac/bFow/~4/uJhlqWrlhhA" height="1" width="1" alt=""/>

Source: GM exec calls Apple Car a ‘gigantic money pit’