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  • Chevy Volt: Central Planning in Action ...at a loss of $45,550 per unit to taxpayers

    05/29/2011 12:19:45 PM PDT · by george76 · 26 replies
    Confounded Interest ^ | 28 May 2011
    the Chevy Volt ...was $43,000. The dealership also gets a tax credits of $7,500 per Volt... Will GM earn a profit on Volt sales ? ... The Volt costs $81,000 to build per unit and has sold 493 units in April for a loss of $38,000 per unit, paid for by taxpayers ... I would love it if the private sector developed a workable, cost effective electric car (even though we plug the car into a grid with power generated by coal burning plants). But the Volt seems like something directly out of the old Soviet Union where Stalin would...