General Motors is going to lose its shirt on that stupid $40,000 piece of junk called “The Volt”, it and POTUS Obama conjured up!!! And....GE will go the same way. Anyone that listens to anything Obama rants about industry, energy and economic growth is either dumb, a fool or smoking too much reefer!!!
The volt reminds me of the Chevette. GM had to have a small car to compete with the Japanese small cars. Only they forgot the reason was fuel economy so they took a truck chassis and scaled it down to small car size. Ours got about 23 mpg and finally died on the highway when the transistor burned up (the high tech Chevette had a single power transistor to run the engine).
No, no, no. It won’t be “General Motors” losing money, it will be taxpayers like you and me as major stockholders in “Government Motors” who lose money...go figure.