And let’s not forget, it is STILL produced and sold at a financial loss, meaning my tax money goes to it so that greenazis can feel good about themselves.
GM loses thousands per unit produced.
Plus, it still doesn’t sell as well as they hoped.
Any other production vehicle and it would have been canceled due to lack of interest.
That has not been true for a very long time now, friend. Here is an article/video from Bob Lutz about it from a couple years ago:
Bob Lutz Responds To Reuters Article: Chevrolet Volt Is At Variable Break-Even Now (Video)
The statement that GM loses over $40K per Volt is preposterous. What the analyst in whom poor Ben Klayman placed his faith has done is to divide the total development cost and plant investment by the number of Volts produced thus far. Thats like saying that a real estate company that puts up a $10 million building and has rental income of one million the first year is losing 9 million dollars, or several hundred thousand per renter.