Posted on 02/16/2012 9:36:48 AM PST by jazusamo
The tax credit is currently $7,500 per vehicle but Obama wants that raised to $10,000 per vehicle. Quite a coincidence upping the tax credit just before GE starts purchasing large numbers of Volts, that would be a huge chunk of taxpayer dollars going to GE.
Everyone should be contacting their representatives in congress to support Rep. Mike Kellys bill to kill the $7,500 tax credit.
This tax credit is for all EVs that qualify and includes the Chevy Volt and Nissan Leaf.
lol. SO GE wants that $10,000 per car so bad they are buying their own vehicles for their employees.
Since noone is buying them.
Ping.
That’s sure what it looks like. Obama is both a schemer and scammer. :)
Shareholders should consider submitting a Resolution for vote at the next Annual Meeting that objects to this madness and mal-appropriation of corporate assets.
The list, Ping
Let me know if you would like to be on or off the ping list
This can’t include the sales of field service force. If the sales guys for the companies I’ve worked for were forced into 40 mile range vehicles they’d be in the poor house and the companies’ sales would plummet. Likewise field service.
It’s just like the Federal Reserve, buying Treasury debt with money they create. Thing of beauty.
If GE wanted to save money, buy the Honda natural gas converted cars. Bulk natural gas is down to $2.50 per million BTU. Thats equivalent to 7-8 gallons of gasoline.
EV (Electrical Only) range is only 25 to 50 miles, what a joke. That is if it's daylight and not night (and using the headlamps), if your not stopping at streetlights and stopsigns, it's not cold rainy or have a headwind. What a joke.
Saw the bit about "extended range"; that's using gasoline after the battery is used too much. Obviously, the word is getting around that you can't go to far with these cars and something had to be done. So Government motors went back to gasoline.
How Quaint.
Are you confusing GE with GM? Small difference, I agree.
Charging times
120 V: about 10-12 hours (actual charge times may vary)
240 V: about 4 hours (actual charge times may vary)
It basically means you are charging it every day (it owns you) for extremely little in return.
Not Ready for Prime Time.
I have grown to despise both of them. It wasn’t long ago that I loved them both. I have an old Chevy, but I will never buy another one.
After their openly supportive campaign for Obama in 2008, I skip over GE products and now have them on a little lower plane than other Chinese made product. Screw them. They have screwed us.
>>First, its fleet managers have likely calculated that over the multi-year lifetime of the Volt, the company will save money on operating costs.
Pure BS from the Green journalist. Show us the numbers, I’ve run them, and I don’t see them saving any money.
It is much more likely that there is a political calculation between Obama and Jeffrey Immelt, GE’s CEO.
“The tax credit is currently $7,500 per vehicle but Obama wants that raised to $10,000 per vehicle. Quite a coincidence upping the tax credit just before GE starts purchasing large numbers of Volts, that would be a huge chunk of taxpayer dollars going to GE.”
The GOP should fight this credit and only allow it to go to individual taxpayers and not corportations.
There is definitely a political calculation between Immelt and Obama.
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