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GM temporarily halts production of Volt (1300 Union Dolts laid off)
The Hill ^ | March 2, 2012 | By Keith Laing

Posted on 03/02/2012 2:06:18 PM PST by Islander7

GM, which is based in Detroit, announced to employees at one of its facilities that it was halting production of the beleaguered electric car for five weeks and temporarily laying off 1,300 employees.

A GM spokesman told The Hill on Friday that production of the Volt would resume April 23.

"We needed to maintain proper inventory and make sure that we continued to meet market demand," GM spokesman Chris Lee said in a telephone interview.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; Politics/Elections
KEYWORDS: gm; marxists; uaw; volt
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But Republicans have argued that the Volt was being pushed by the Obama administration for political reasons instead of consumer demand.

“Is the commitment to the American public or is the commitment to clean energy, that we are going to get there any way we can?” Rep. Mike Kelly (R-Pa.) asked in a hearing in the House in January about the Volt's reported battery fires.

“When the market is ready … it won’t have to be subsidized,” Kelly said.

1 posted on 03/02/2012 2:06:26 PM PST by Islander7
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To: Islander7

Market forces aren’t allowed to exist in Obama and the Democrats’ world.

This is why Fannie Mae and Freddie Mac were driven off a cliff.


2 posted on 03/02/2012 2:08:42 PM PST by relictele (We are officially OUT of other people's money!)
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To: Islander7
It's Dead. It's GM’s version of the Ford Edsel and nobody wants that dog.
3 posted on 03/02/2012 2:10:42 PM PST by SandRat (Duty - Honor - Country! What else needs said?)
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To: Islander7

Announced on a Friday afternoon to minimize the news coverage.


4 posted on 03/02/2012 2:11:31 PM PST by Brookhaven (Mitt Romney will right-size the economy--just like he did your job when he bought your company)
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To: Islander7

Obama said he’d buy one when he was out of office. Maybe he should resign and buy a Volt. Then he can claim he helped increase sales and create thousands of new jobs.


5 posted on 03/02/2012 2:11:44 PM PST by Right Wing Assault (Dick Obama is more inexperienced now than he was before he was elected.)
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To: Islander7

That spin is a classic!


6 posted on 03/02/2012 2:12:42 PM PST by TomGuy
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To: SandRat
"....meet market demand."

Stopping production will just about be spot-on.

7 posted on 03/02/2012 2:13:10 PM PST by diogenes ghost
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To: Islander7

GOVERNMENT DEMAND=”market demand”


8 posted on 03/02/2012 2:13:19 PM PST by steve86 (I have Schizoid Personality Disorder and am exercising the privileges thereof.)
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To: Islander7

I didn’t realize there was a market demand.


9 posted on 03/02/2012 2:13:19 PM PST by pallis
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To: Islander7
Went to the automotive news web site. 6,300 Volts in inventory and Jan sales were 603.

GM management strikes again.

10 posted on 03/02/2012 2:13:57 PM PST by Springman (Rest In Peace YaYa123 and Bahbah.)
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To: Islander7

And there you have it folks!...The Volt becomes an instant classic and flop all paid for by the U.S. taxpayer! FUBO!


11 posted on 03/02/2012 2:15:45 PM PST by AngelesCrestHighway
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To: Islander7

If GM had any brains they would rename the Volt. A better name: The Zero. It is such a fitting name - on so many levels.


12 posted on 03/02/2012 2:17:40 PM PST by InterceptPoint (TIN)
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To: truthguy; Islander7
Hey TruthGuy. I remember you calling me a whole bunch of names when I said there was no way the Volt would sell at the price they were selling it for. Well what say you now that they are closing down the production line?
13 posted on 03/02/2012 2:17:40 PM PST by GonzoGOP (There are millions of paranoid people in the world and they are all out to get me.)
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To: diogenes ghost
With all the reported Volt battery fires, I wonder if Ralf Nader is going to write an updated version of his book “Unsafe at any Speed.”
14 posted on 03/02/2012 2:18:03 PM PST by SandRat (Duty - Honor - Country! What else needs said?)
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To: Islander7

“We see positive trends, but we needed to make this market adjustment,” he said....

“We see parked Volts, but we needed to make this market adjustment”......fixed it.


15 posted on 03/02/2012 2:20:21 PM PST by AngelesCrestHighway
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To: Islander7

And this is the company that supposedly had a record setting profit year?!

LOL. As Bill Cosby used to say in his stand-up comedy routines...RRRRRiiiiggghhht.


16 posted on 03/02/2012 2:21:29 PM PST by princeofdarkness (The Obama Administration is circling the wagons. But the Truth Indians are using flaming arrows.)
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To: Islander7

Obama is blaming the media on this failure of his.


17 posted on 03/02/2012 2:22:20 PM PST by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: SandRat
It's Dead.

So is socialism but come hell or high water the liberal die hard lifers in Washington will maintain it on life support thanks to hard working taxpayers.

18 posted on 03/02/2012 2:24:30 PM PST by EGPWS (Trust in God, question everyone else)
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To: Islander7

I lost all respect for Motor Trend Magazine when it, pandering to the Zerobama administration, named Chevy Volt “Car of the Year for 2011”. What a joke.

BTW, Chevy is running lots of ads for the Volt, and I gag and change channels when these ads come on.


19 posted on 03/02/2012 2:26:04 PM PST by RightWingConspirator (Obamanation--the most corrupt regime since Robert Mugabe's Zimbabwe)
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To: Islander7
"We needed to maintain proper inventory and make sure that we continued to meet market demand,"

Market demand? what market demand?!!

20 posted on 03/02/2012 2:26:25 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: GonzoGOP

Oh darn, truthguy road the lightning before I got to do the “I told ya so” dance. I mean glad to be rid of him, but I would like to have been able to spit in his face before he departed.


21 posted on 03/02/2012 2:26:52 PM PST by GonzoGOP (There are millions of paranoid people in the world and they are all out to get me.)
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To: SandRat

Maybe if they put some fins on it.
I really dig fins.
They are so futuristic.


22 posted on 03/02/2012 2:28:14 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: Jack Hydrazine
Obama is blaming the media on this failure of his.

Don't tell me the MSM has gone racist now?

23 posted on 03/02/2012 2:28:23 PM PST by EGPWS (Trust in God, question everyone else)
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To: Islander7; windcliff

So the union Dolts got quite a Jolt from the crappy Volts.


24 posted on 03/02/2012 2:28:52 PM PST by I Drive Too Fast
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To: Jack Hydrazine
"Jeez, what I do for P.R.!...Why do I have to drive this tin can?"...
25 posted on 03/02/2012 2:29:07 PM PST by AngelesCrestHighway
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To: TomGuy
"We needed to maintain proper inventory and make sure that we continued to meet market demand,"

And the answer to both is ZIP......

26 posted on 03/02/2012 2:30:46 PM PST by Average Al (Forbidden fruit leads to many jams.)
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To: Islander7

“This is the car America had to build.”

So sayeth Chairman Obama.


27 posted on 03/02/2012 2:30:56 PM PST by Jacquerie (No court will save us from ourselves.)
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To: Islander7

Good—maybe they will stop showing that crappy assembly line commercial.


28 posted on 03/02/2012 2:31:25 PM PST by exit82 (Democrats are the enemies of freedom. We have ideas-the Dems only have ideology.)
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To: Islander7
Let's see now ...

The key to maintaining proper ?? inventory AND to continue ?? to meet market demands is to lay off ... the whole friggin' plant ...

Is THAT about it ?



29 posted on 03/02/2012 2:32:20 PM PST by knarf (I say things that are true ... I have no proof ... but they're true)
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To: Islander7

GM (General Motors) is in real trouble again!!! It is not only the Volt that has failed. The GM numbers released yesterday were horrible for the entire company. Why? In January, GM was giving the cars away. In the USA, GM is sadly lacking in profit performance. The really bright spots are foreign car sales, mainly in the PRC (People’s Republic of China). Obama has backed the wrong horse, once again, with billions and billions of taxpayer money wasted or dished out to useless labor unions and their greedy members!!! will the American people and voters ever wise up!!!


30 posted on 03/02/2012 2:32:20 PM PST by JLAGRAYFOX (My only objective is defeat and destroy POTUS Obama & his Democrat Party, politically!!!)
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To: RightWingConspirator

‘BTW, Chevy is running lots of ads for the Volt, and I gag and change channels when these ads come on.

yes adn paying for the ads with OUR money


31 posted on 03/02/2012 2:33:32 PM PST by RWGinger (Simpl)
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To: mylife

Fins didn’t help the Edsel.


32 posted on 03/02/2012 2:37:10 PM PST by SandRat (Duty - Honor - Country! What else needs said?)
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To: RWGinger

But in the ad did you notice all the Green Awards the car won?


33 posted on 03/02/2012 2:39:05 PM PST by Rennes Templar
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To: mylife
Maybe if they put some fins on it.
I really dig fins.
They are so futuristic.


Some were saying the same thing -- for some 1957 models, and 1958, and 1959, and 1960.
34 posted on 03/02/2012 2:39:37 PM PST by TomGuy
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To: SandRat
With all the reported Volt battery fires, I wonder if Ralf Nader is going to write an updated version of his book “Unsafe at any Speed.”

Yes. Now its called "Unsafe at Any Charge".

35 posted on 03/02/2012 2:39:52 PM PST by exit82 (Democrats are the enemies of freedom. We have ideas-the Dems only have ideology.)
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To: Islander7

The Volt dead? No way. All ‘Ole Sparky needs is more advertising, a few billion more in subsidies, additional union labor, millions in Obama contributions, and of course, hope.


36 posted on 03/02/2012 2:41:59 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: SandRat

When elecrtic cars can store electrical energy in the same weight/volume as gasoline then I will consider an electric car, till then they can go pound sand.


37 posted on 03/02/2012 2:43:11 PM PST by GraceG
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To: Islander7
The Chevy Volt is a niche product. GM could have made a decent profit on the Volt if them marketed it that way. They could have benefitted from the "Halo Effect" or having an interesting and innovative product.

But some ham-fisted moron in the government decided that the Chevy Volt was The Answer To Our Oil Dependency Problem, and that Americans would be better off if we bought a million of them. So they used their influence, as the new owners and masters of GM to demand that production be set at an artificially high level, because surely sales would follow.

It is easy to be fooled by the efficiency of American manufacturers and markets. You have a million moving parts, and somehow the right number of Chevy Cruzes get built and the right number of Ford F-150s get built. It is easy to figure that the single decision to build them is what drove the millions of individual decisions to buy them, because we are hard-wired to think that the cause comes before the effect. So if you build 100,000 Chevy Volts, the buyers will deus ex machina appear, because the buyers always seem to magically appear for every other product.

What the ham-fisted government employee fails to realize is that these decisions are made by intelligent professionals, with decades of experience and using every market research trick and tool they can devise. They don't just pull a number out of a hat, because they are betting Billions of their own Dollars on getting the answer right.

And, of course, sometimes they get it wrong, and they lose their shirts. History is littered with companies that bet the wrong way on a market and failed.

But when you work for the government, and you are betting with somebody else's money, you can just pull an attractive sounding number out of your arse and figure it will all work out. And if it doesn't, it just means the taxpayer is on the hook for a little bit more, so it's no big deal.

38 posted on 03/02/2012 2:46:35 PM PST by Haiku Guy ("The problem with Internet Quotes is that you never know if they are real" -- Abraham Lincoln)
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To: Islander7
COMING SOON TO A DEALER NEAR YOU Photobucket
39 posted on 03/02/2012 2:54:28 PM PST by Huskrrrr
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To: Haiku Guy

“it just means the taxpayer is on the hook for a little bit more, so it’s no big deal.”....

And there-in lies the federal governments way of doing all business....Throw taxpayer money at a pet project and if it works fine if not what next can we throw money at?


40 posted on 03/02/2012 2:54:58 PM PST by AngelesCrestHighway
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To: Islander7

“We needed to maintain proper inventory” = We can’t sell the cars we are making.


41 posted on 03/02/2012 2:55:52 PM PST by Blood of Tyrants (Never believe anything in politics until it has been officially denied.)
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To: Islander7
“When the market is ready … it won’t have to be subsidized,” Kelly said.

In other words, Kelly, it will be subsidized for 50 years or so.

42 posted on 03/02/2012 2:59:33 PM PST by Right Wing Assault (Dick Obama is more inexperienced now than he was before he was elected.)
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To: Islander7

Hey, I have an idea! Maybe he could make another “compromise” with the Catholic Church and require each church buy ten Volts apiece. And if they didn’t want to do that, he could make their insurance companies buy them for the churches. And then all those laid-off lazy ass people could go back to being overpaid, lazy ass auto workers. Problem solved!!


43 posted on 03/02/2012 3:03:35 PM PST by Right Wing Assault (Dick Obama is more inexperienced now than he was before he was elected.)
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To: InterceptPoint

And the “new improved” model could be called the ReVolt!


44 posted on 03/02/2012 3:09:45 PM PST by milagro (There is no peace in appeasement.)
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To: Islander7

These high gas prices are going to really hurt GM, and I am almost sure that unless Newt can get in an implement his energy plan, within two or three years we are going to be faced with another GM failure. Why do I say this? Because, yes, they may sell more smaller vehicles, BUT, they are at risk of selling LESS SUVs and trucks, which is where their profit is generated.


45 posted on 03/02/2012 3:11:37 PM PST by mtrott
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To: Rennes Templar
Good one!! 'But in the ad did you notice all the Green Awards the car won?" well then it was all worth it.
46 posted on 03/02/2012 3:15:46 PM PST by RWGinger (Simpl)
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To: SandRat
I wonder if Ralf Nader is going to write an updated version of his book “Unsafe at any Speed.”

Here is my title suggestion:

"Unsafe at Zero Speed."

47 posted on 03/02/2012 3:19:33 PM PST by Greysard
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To: Islander7

Wherever he is, Edsel Ford heaves a big sigh of relief while Alessandro Volta is really P.O.’d.

Another side benefit will be that the enviro nutcases will stop claiming that the EV-1 was killed by a massive conspiracy. OK, probably not.


48 posted on 03/02/2012 3:21:31 PM PST by Locomotive Breath
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To: Islander7
.. we continued to meet market demand


FU!GM & FU!Ø

49 posted on 03/02/2012 3:25:58 PM PST by tomkat (FU.baraq)
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To: RightWingConspirator

“I lost all respect for Motor Trend Magazine when it, pandering to the Zerobama administration, named Chevy Volt “Car of the Year for 2011”

We need to remember that the entire print media, from newspapers to car magazines, has been infiltrated by 30 IQ, drooling left-wing ideologues, and they’re publishing the worst tripe and unreadable garbage in the history of American print media.


50 posted on 03/02/2012 3:32:34 PM PST by sergeantdave
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