Obamanomics, losing money to save Detroit...
I guess they are forcing the Pentagon to buy up this crap. Nice.
This is Joe Biden’s example of economic success - losing tens of thousands of dollars per unit.
If this is what it means for GM to be “alive”...what about the other part of that slogan?
So why not lose 75,000/car instead, and make it affordable?
Heck, why stop there?
How about 90K / car subsidy?
I might even buy one. Just make it affordable.
What a terrible sick joke. Greta did just do about 3-4 minutes on this...same figures in the posted article.
At least this and Solyndra has the greenies pretty much shuttin’ up presently. But GOP needs to hammer on this.
You people crack me up they are making it up by volume
lol
this actually makes me want to buy one of those pieces of crud!
make GM go under faster!
I love watching Obama fail.
Well we all know that the purpose of a company is to provide jobs and save the environment. Profits are evil. That is what we have been told for decades.
They lose a little on every sale but make it up on volume.
GM or the US Taxpayers???I know of no person, not currently institutionalized in a mental facility, that ever thought that Government Motors would make a profit on the Volt. I don’t think even Government Motors thought they could make a profit, it was produced only to satisfy the demands of the “anointed ones”.
Taxpayers losing $49,000 on every Volt sold/leased
Damn “green revolution” nonsense. It’ll be the death of us.
Talk about a loss leader
. The “Volt,” is a government product, with no economic goal in mind. It is as if a company were to dream up a “concept” car and then rush it into mass production. It is no damn good. Probably take years to work out the kinks.
Is there still a federal tax credit for these things?
Can you get that tax credit for a LEASED Volt?
http://freebeacon.com/great-green-car-fleet/
The Pentagon is buying Chevrolet Volts to help “green up” the military—while propping up sales of the bailed-out automaker’s most politicized car.
The Department of Defense began purchasing the struggling luxury electric car, which retails at $40,000, this summer as part of its goal to purchase 1,500 such green vehicles. The Marine Corps Air Station in Miramar, Calif. purchased its first two Volts in July, and 18 more vehicles will come shortly to Joint Base Andrews in Maryland, where Air Force One is based, according to military magazine Stars and Stripes.