If the president can do that, we might as well all move to Cuba where the dictator makes every industrial decision by this personal whim.
For all intensive purposes....it’s already dead.
RE: If Romney wins, will the Chevrolet Volt die?
Does pulling tax payer money out of a business mean that the business dies?
Well, the answer is this — If they produce a car that people WANT, they’ll thrive. If not, they deserve to die.
In which case, why not focus your resources on building something people WANT?
I think the Chevy Volt will die regardless of who wins. There isn’t enough of a demand for a $40k car that goes 35 miles on a charge.
If the markets are allowed to work, the Volt will die. Only when battery technology makes a great leap in storage capacity, cost, and speed to charge will it be viable.
Don’t forget to factor in that a little after 10 years (depending on your usage,) you’ll wind up having to replace the entire battery. At current prices, that’s about $3,000 plus labor.
He doesn’t have to shut the line. Nor should he have the authority to do so.
But, he can instruct Federal agencies to spend their money efficiently, so the military or embassies don’t throw away their budget on overpriced Volts. GM can then decide if the production line is worth keeping open.
The Volt has already committed suicide...
My electric rates are double that.
If Romney wins, GM will survive as an independent automobile company. It will be precisely because of private enterprise and our capitalist system, and despite the harmful input of the government.
Andy,
If you only drive 18 miles roundtrip like me they may make sense. There were 2 & 3 year leases available on Volts available for $200/$129 per month.
However, I would never purchase one. It is not a good investment. If you want a classic car that is going to appreciate in value buy a used Ferrari or something like that. Also, I would not park one of these cars in my garage. You do not want to take the chance that it could burn your house down.
If there is a market for the Volt, it will live. If not, it will die. Romney has bigger things to worry about, like getting the government out of the way of free enterprise.
I wouldn’t buy one, but they’re giving them away on 2 year leases just to get them on the road.
Well I hope he also rolls back the absurd CAFE standards 0 decreed.
If not, I predict a boutique industry in refurbishing old cars not subject to new car CAFE requirements.
They’re going to rename it the Dolt in honor of Obama’s one and only term.
... they may pull the plug!
The Volt was DOA!
Obama stole your tax dollars to keep it alive.
The Volt can’t survive in the free market, because there is no demand at the price of it’s actual cost.
Obama HATES “free markets”!
The marketplace is going to do it. the volt is a waste of Taxpayers money!!
it will be a collectable car like the YUGO is!!
GM just doubled down by announcing they will make a Cadillac version of the volt
http://money.cnn.com/2012/10/16/autos/cadillac-elr-volt/index.htmlChead