[jazusamo]

GM admits dealerships are committing fraud or at least being unethical.

[jazusamo]

Consider this for News/Activism - Extended News?

[AU72]

That’s how the trouble started in Fargo.

[CharlyFord]

Unethical car dealer?? Incompetent government program??

You're kidding me! Right?

[Mr. K]

Ford, et al should SUE and make NATIONAL NEWS OUT OF THIS FRAUD.

I have said it right from the start- Obama didnt have to take over the entire auto industry, only ONE company.

Then use the power of the government to put the others out of business with tax scemes like this.

[Pollster1]

Racketeering . . . in a corrupt organization? My, how surprising and unexpected.

[Brookhaven]

What are they going to do when at the end of the year when there's a firestorm of angry customers who thought they could take a $7,500 tax credit only to find they are not able to becase they technically bought a "used" car?

This probably does amount to fraud; I doubt the salesmen are telling customers they won't get the tax credit. I also wonder how many of these are "sold" to the same dealership (You know "Patterson Chevy/Kia"--a dealer that sells more than one brand) so the car is on the same lot with the other Chevies.

Not to worry, I'm sure the government will allow the tax credit to be issued twice against the same car, just to be fair (hey, it's only money--taxpayer money).

Nerds 4 Cain is in beta testing: www.nerds4cain.com

[muawiyah]

This definitely explains why the dealers don't have any NEW Volts to sell to customers.

[Navy Patriot]

I don't understand, everybody knows that government subsidies are for the benefit of crony capitalists, and Government Motors dealers that still exist were selected entirely on political criteria, so they qualify as crony capitalists. Everything is working exactly as intended in the government decree that stole Government Motors from the bond and stockholders.

Crony capitalism, the new spelling of fascism.

[jazusamo]

Ping to GM tax credit rip off.

[newzjunkey]

The real question is whether the Obama administration deliberately didn’t exclude this practice upon lobbying by GM.

[jazusamo]

Thank you, AM!

[Pontiac]

The IRS form in its current form does not safeguard against double claiming of the tax credit.

By design?

Why not. The same car could be sold many times and the credit claimed by every buyer.

It would not be surprising to me that the IRS ends up giving more tax credits for the purchase of Volts in 2011 than were built by Chevy for the year.

[OriginalChristian]

GM is dead to me. They died in my eyes when the were the first in line for ZerO’s bailout express. I will never buy another GM product, used or new. I will look at Ford first, then Chrysler, then reluctantly at foreign if necessary. I have never owned a new foreign car.

[longtermmemmory]

has anyone seen a chevyvolt in the wild?

anywhere?

how do other monthly car sales compare?

[winodog]

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!!

[Seaplaner]

...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?

.

[Bean Counter]

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...

[rokkitapps]

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.

[razorback-bert]

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

[razorback-bert]

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