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Old 12-06-2008, 09:24 PM
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Steve1968LS2 Steve1968LS2 is offline
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Quote:
Originally Posted by jst8a5.0 View Post
I am watching a re-run of the Project X buildup on Hotrod TV right now. I am seeing about 20 people working on it and they don't look like minimum wage kinda people. Does anyone know how much it would have cost or did cost with all those man hours, parts, frame table usage, that CAD device, etc. I can't even fathom what it would cost going that route.....It seems that GM sponsored at least part of it, so that helps. But if they are in such trouble, stop playing and get to work!
GM Performance Parts has a build center.. it's what they do. They build cars and it turns into press for GM but more specifically GM Performance Parts. Like when Snap-On pays Orange County Choppers to build a bike. They get press on the show and then the car goes on tour and generates press. It's called marketing

Project X is currently insured between .5 and 1 million bucks. I think GMPP put a half million into the build although that's not the true outlay since those people would be doing something else if not building that car.

By the way, I just drove Project X the other day and it's now at our tech center waiting to be transfered to the Peterson Automotive Museum in LA.


Keep in mind that what GM spent to build Project X is a proverbial drop in the bucket. It's like your $100,000 behind in your mortgage payments and you find a spend a buck on a Klondike Bar... should you feel guilty that the dollar didn't go towards your debt?

Or look at it like this.. GM needs Billions of dollars.. there's a thousand million in ONE billion and X cost .5 million or ONE-TWO-THOUSANDTHS or One Billion dollars. lol

Things need to be kept in scale. Plus the build was done well over a year ago.
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