“Is the commitment to the American public or is the commitment to clean energy, that we are going to get there any way we can?” Rep. Mike Kelly (R-Pa.) asked in a hearing in the House in January about the Volt's reported battery fires.
“When the market is ready … it won’t have to be subsidized,” Kelly said.
GM (General Motors) is in real trouble again!!! It is not only the Volt that has failed. The GM numbers released yesterday were horrible for the entire company. Why? In January, GM was giving the cars away. In the USA, GM is sadly lacking in profit performance. The really bright spots are foreign car sales, mainly in the PRC (People’s Republic of China). Obama has backed the wrong horse, once again, with billions and billions of taxpayer money wasted or dished out to useless labor unions and their greedy members!!! will the American people and voters ever wise up!!!
The Volt dead? No way. All ‘Ole Sparky needs is more advertising, a few billion more in subsidies, additional union labor, millions in Obama contributions, and of course, hope.
But some ham-fisted moron in the government decided that the Chevy Volt was The Answer To Our Oil Dependency Problem, and that Americans would be better off if we bought a million of them. So they used their influence, as the new owners and masters of GM to demand that production be set at an artificially high level, because surely sales would follow.
It is easy to be fooled by the efficiency of American manufacturers and markets. You have a million moving parts, and somehow the right number of Chevy Cruzes get built and the right number of Ford F-150s get built. It is easy to figure that the single decision to build them is what drove the millions of individual decisions to buy them, because we are hard-wired to think that the cause comes before the effect. So if you build 100,000 Chevy Volts, the buyers will deus ex machina appear, because the buyers always seem to magically appear for every other product.
What the ham-fisted government employee fails to realize is that these decisions are made by intelligent professionals, with decades of experience and using every market research trick and tool they can devise. They don't just pull a number out of a hat, because they are betting Billions of their own Dollars on getting the answer right.
And, of course, sometimes they get it wrong, and they lose their shirts. History is littered with companies that bet the wrong way on a market and failed.
But when you work for the government, and you are betting with somebody else's money, you can just pull an attractive sounding number out of your arse and figure it will all work out. And if it doesn't, it just means the taxpayer is on the hook for a little bit more, so it's no big deal.
“We needed to maintain proper inventory” = We can’t sell the cars we are making.
In other words, Kelly, it will be subsidized for 50 years or so.
Hey, I have an idea! Maybe he could make another “compromise” with the Catholic Church and require each church buy ten Volts apiece. And if they didn’t want to do that, he could make their insurance companies buy them for the churches. And then all those laid-off lazy ass people could go back to being overpaid, lazy ass auto workers. Problem solved!!
These high gas prices are going to really hurt GM, and I am almost sure that unless Newt can get in an implement his energy plan, within two or three years we are going to be faced with another GM failure. Why do I say this? Because, yes, they may sell more smaller vehicles, BUT, they are at risk of selling LESS SUVs and trucks, which is where their profit is generated.
Wherever he is, Edsel Ford heaves a big sigh of relief while Alessandro Volta is really P.O.’d.
Another side benefit will be that the enviro nutcases will stop claiming that the EV-1 was killed by a massive conspiracy. OK, probably not.
FU!GM & FU!Ø
1300 Union thugs get a paid holiday for this lemon.
Pray for America
No big deal to the workers. Just vacation paid for by the unions using taxpayer money taken from the people by a bi-partisan congress and an American hating president.
The movie theater we most often attend has six parking spaces designated for electric cars (so they can charge up while in the movie). They are always empty. I have never seen a car in them. Oh, and they are closer to the entrance than the handicap parking.
From the Detroit Free Press, sale of vehicles made at Detroit Hamtrack for Feb.
Buick Lucerne, 304 -88.2% from last year.
Cadillac DTS, 68 -95.5% from last year.
Chevrolet Volt, 1,023 +264.1 from last year.
Gut call, fleet sales for the Volt. DHam is shutting down because off the cars made there aren’t sell worth s**t.
Somehow, one can just tell when a lie is premeditated by a committee.
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