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GM Admits that Dealerships are Taking Chevy Volt Tax Credits
National Legal & Policy Center ^ | May 31, 2011 | Mark Modica

Posted on 05/31/2011 1:32:34 PM PDT by jazusamo

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To: AU72

LOL


21 posted on 05/31/2011 2:00:22 PM PDT by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
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To: jazusamo

Thats very unexpected. I thought for sure GM would become very succesful when the feds stole the company from bondholders after management ran it into the ground before the boom ended. Not to mention selling crappy cars that cost 40 grand to build that come with tens of thousands of tax breaks. Thank you, Uncle Sam!!


22 posted on 05/31/2011 2:02:09 PM PDT by winodog
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To: jazusamo
...the Volt averaged a dismally low 425 per month for the first four months of the year...

Ah, this stunning sales victory from the same Central Planning Marxists that brought you Clunkernomics, eh?

.

23 posted on 05/31/2011 2:07:41 PM PDT by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
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To: Seaplaner

This scam could turn out to be more of an outrage than the Clunkers and the same turkey is behind it.


24 posted on 05/31/2011 2:12:15 PM PDT by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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To: jazusamo

So what is the real cost of this little beauty up to these days??

Have we broken the $75,000/unit mark yet?

Imagine what the 60 Minutes episode on the Volt will be like five years from now when someone finally gets to the bottom of this...


25 posted on 05/31/2011 2:13:14 PM PDT by Bean Counter (Your what hurts??)
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To: Bean Counter

There was a piece two or three days ago about it being over 80K a pop with R&D and I believe it.


26 posted on 05/31/2011 2:18:04 PM PDT by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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To: AU72
That’s how the trouble started in Fargo.

The character who tried to pull that stunt was much smarter than Obama.

27 posted on 05/31/2011 2:23:26 PM PDT by Dixie Yooper (Ephesians 6:11)
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To: Brookhaven
What are they going to do when at the end of the year when there's a firestorm of angry customers

I would have used the word "handful" instead of "firestorm".

28 posted on 05/31/2011 2:26:17 PM PDT by Dixie Yooper (Ephesians 6:11)
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To: longtermmemmory

I actually saw one showcased the other day at a local small town dealership. Haven’t seen one on the road where we are.


29 posted on 05/31/2011 2:37:46 PM PDT by sheana
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To: jazusamo

we need hearing on GM, hearings on the volt, hearings on everything this guys does. Why no hearings?? Obongo HATES to be questioned, it makes him furious and throws him off his game.

hearings hearings hearings.


30 posted on 05/31/2011 2:45:37 PM PDT by rokkitapps ( Hearings on waivers NOW!)
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To: jazusamo

No VIN number, what to stop non buyers from claiming the credit?


31 posted on 05/31/2011 2:47:59 PM PDT by razorback-bert (Some days it's not worth chewing through the straps.)
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To: jazusamo

No VIN number, what to stop non buyers from claiming the credit?


32 posted on 05/31/2011 2:48:08 PM PDT by razorback-bert (Some days it's not worth chewing through the straps.)
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To: jazusamo

I will never buy anything made by GM for the rest of my life.


33 posted on 05/31/2011 2:56:36 PM PDT by Ham Hock
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To: Brookhaven

Well, well, well. Auto dealers doing unethical things. This is certainly “unexpected”...


34 posted on 05/31/2011 2:59:20 PM PDT by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: jazusamo

I have long refused to buy a GM product and never, ever, will. =.=


35 posted on 05/31/2011 3:09:35 PM PDT by cranked
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To: jazusamo

“Peterson also claims that no issues exist with dealerships taking the tax subsidies as long as they are honest with customers.”

ROTFLOL with tears pouring out of my eyes! Dealerships being honest with customers? Is that anything light a warm and fuzzy tax audit? A gentle football game? Jumbo shrimp? Fresh 1000 year old eggs? Polite union official? Wow, talk about your ultimate oxymoron!

ROTFLOL with tears pouring out of my eyes!


36 posted on 05/31/2011 3:53:54 PM PDT by catnipman
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To: catnipman

Do you honestly think Peterson would lie about that? /s ROTFLOL!!!


37 posted on 05/31/2011 3:58:40 PM PDT by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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To: jazusamo

Obama had to find a way to payoff the Chevy dealers. This was a planned operation. Can’t keep those union workers on the taxpayer payroll if there aren’t any dealers to sell Chevys.


38 posted on 05/31/2011 4:32:11 PM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: jazusamo
And allowing dealerships to take the tax credit intended for consumers is just wrong.

First time I've heard that. I've heard of care dealers taking the credit if they lease the car. It would seem to me that something is rotten in Denmark if multiple tax credits are taken on the same car...

39 posted on 05/31/2011 6:31:53 PM PDT by EVO X
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To: EVO X

Amen to that. Big time!


40 posted on 05/31/2011 6:36:03 PM PDT by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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