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GM Is Losing Up To $49,000 Per Volt Sold
Reuters via Business Insider ^ | 09/10/2012

Posted on 09/10/2012 8:00:21 AM PDT by SeekAndFind

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1 posted on 09/10/2012 8:00:23 AM PDT by SeekAndFind
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To: SeekAndFind

So, each Volt represents a $49,000 taxpayer subsidy to some limousine liberal who wants to keep one sitting in his driveway so the neighbors can admire his Greenitude.

I must admit that, although I know some very rich people as well as ordinary folks, I’ve never actually SEEN a Chevy Volt. Probably most of these subsidies go right back to the Gubbermint, which is likely the chief buyer.


2 posted on 09/10/2012 8:04:53 AM PDT by Cicero (Marcus Tullius)
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To: SeekAndFind
Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still losing as much as $49,000 on each Volt it builds.

Yet according to DNC economics, this is a huge success.

Stupidity is our most expensive commodity.

3 posted on 09/10/2012 8:05:07 AM PDT by dartuser ("If you are ... what you were ... then you're not.")
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To: SeekAndFind

They’ll make it up on volume.


4 posted on 09/10/2012 8:09:31 AM PDT by Pearls Before Swine
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To: Cicero

I’ve never actually SEEN a Chevy Volt.

Saw my first one yesterday. Still on the lot.


5 posted on 09/10/2012 8:18:03 AM PDT by CrazyIvan (Obama's birth certificate was found stapled to Soros's receipt.)
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To: SeekAndFind

Numbers don’t seem to add up. Last report noted is was costing around $250,000 per car to make


6 posted on 09/10/2012 8:18:26 AM PDT by edcoil (It is not over until I win.)
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To: SeekAndFind
OSAMA BIN LADEN IS DEAD AND GM IS.....

on life support with the taxpayers paying the medical bill.

7 posted on 09/10/2012 8:19:26 AM PDT by Right Brother
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To: Pearls Before Swine

Thats ok, it’s free. Government is paying for it....


8 posted on 09/10/2012 8:20:30 AM PDT by EGPWS (Trust in God, question everyone else)
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To: Cicero

A few pretentious eco-liberals buy them,,,, yes. And many, if not most, of these little krapperkars are purchased by....... (guess?).... the government!

Our tax money at “work!”


9 posted on 09/10/2012 8:22:16 AM PDT by faithhopecharity
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To: Pearls Before Swine

Well, obviously, “this” is racist, trying to make the FBP look bad.

(”this” = economics)


10 posted on 09/10/2012 8:23:09 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working fors)
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To: SeekAndFind

Title is in error.

Should read Taxpayers lose instead of GM.


11 posted on 09/10/2012 8:23:25 AM PDT by bestintxas (Somewhere in Kenya, a Village is missing its Idiot, thankfully.)
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To: Cicero

Ask the Idiots who think electric cars are a good idea if they’ve thought about being in an Accident, in a car full of Lead Acid batteries.


12 posted on 09/10/2012 8:25:05 AM PDT by To-Whose-Benefit? (It is Error alone which needs the support of Government. The Truth can stand by itself.)
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To: To-Whose-Benefit?

... and gasoline.


13 posted on 09/10/2012 8:33:59 AM PDT by ~Peter
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To: SeekAndFind

14 posted on 09/10/2012 8:34:28 AM PDT by dblshot (Insanity: electing the same people over and over and expecting different results.)
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To: CrazyIvan

I saw one in Sedonna, AZ trying to turn a left turn into a motel. There was a slight incline and the car stopped four times to “reboot!”

The passengers were a family of four with two kids in the back seat, trying to hide their eyes.

Good thing there was not much traffic.


15 posted on 09/10/2012 8:40:13 AM PDT by jayrunner
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To: SeekAndFind

Be sure to order Option Package 47 C. This replaces the interior with a grill and you get grilling utensils with the GM logo on them.


16 posted on 09/10/2012 8:52:35 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: SeekAndFind

How many were bought by the Government to go to USG motor pools? I know of one that went to an Embassy motor pool but guess what? No charging station went with it so it sits and goes unused. Even if a station were supplied, it would take GSO about a year to get it installed. What a waste.


17 posted on 09/10/2012 8:59:07 AM PDT by mikey_hates_everything
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To: SeekAndFind

Government working to push and subsidize electric cars while simultaniously working to shut down electric power generation.

Makes perfect sense.


18 posted on 09/10/2012 9:03:32 AM PDT by headstamp 2 (What would Scooby do?)
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To: Cicero

I live in a fairly large metropolitan area, Norfolk/Virginia Beach, VA. I’ve only seen one Volt in the months they’ve been available.

And the one I saw was labelled as a dealership’s “loaner” vehicle.


19 posted on 09/10/2012 9:15:13 AM PDT by fredhead (It's my Herbie year...check out the number on the side of the famous VW.)
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To: Cicero

I saw my first Volt two weekends ago. It had a nice Obama/Biden sticker on the back.


20 posted on 09/10/2012 9:32:11 AM PDT by woodbutcher1963
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