Free Republic 4th Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $1,495
1%  
Woo hoo!! 4th qtr FReepathon is now underway!! Thank you everyone!! God bless.

Keyword: gmdead

Brevity: Headers | « Text »
  • GM Admits There's No Market for Chevy Volt (Dealer tax credit, lease scam)

    09/13/2012 10:28:48 AM PDT · by jazusamo · 29 replies
    National Legal & Policy Center ^ | September 13, 2012 | Mark Modica
    A Reuters' article earlier this week created quite a buzz when it suggested that General Motors was losing $49,000 on every Chevy Volt sold. While many continue to debate just how much money GM loses on the politically-motivated car, a more important story on the Volt was reported by Automotive.com last week which explained the increase in August sales numbers for the vehicle. The piece exposes how GM (along with taxpayers) is heavily subsidizing leases and even gets an embarrassing admission from GM on the struggling Volt that, "The whole idea is we're creating a market." And this blockbuster,...