A dubious but juicy rumour concerning XFi's & VX's
Your unfounded conspiracy theory o' the day, courtesy of the EV list...
In the 1990s, GM and Honda allegedly made a handshake deal. GM was losingmoney on the Geo Metro range and was interested in cutting costs. The rumour is that supposedly GM agreed to drop the Metro XFi (53/58 mpg) if Honda would stop selling the Civic VX model (47/56 mpg). The Metro XFi was discontinued in 1995, and the Civic VX vanished in 1996. True story? I have no idea. I don't even recall where I heard or read it. As I say, take it for what it's worth.
BUT... then the other company would be losing money AND have the bragging rights to a much more efficient car in their line up...
A better question might have been: since Honda's so experienced at doing deals to stop selling money-losing, but efficient models, maybe they should have cut a deal with Toyota years back when they were both still losing money on the Insight and Prius.... ?
It's silly, I agree. Blame it on Friday nutty-ness.