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When Figures Lie: Chevy Volt Puts the Government in Government Motors

adrianvance Wrote: Sep 01, 2012 9:51 AM
The Volt sells for $44,000 and only because of a $17,500 government subsidy. Chevy makes a virtually identical gasoline engined car and sells it for $17,000. It does not need a new $10,000 battery every few years and the mileage is nearly as good. Read The Two Minute Conservative at http://tiny.cc/ahrlhw When you speak ladies will swoon and liberal gentlemen will weep.
Wumingren Wrote: Sep 01, 2012 11:36 AM
Let's not forget that GM is not making a hell of a lot of profit from consumers on the Volt. Yes, the company is earning $17,500 from the government, but paying customers are being asked to pay what percentage for a markup on the total cost of a Volt? My guess is there is no markup, and were it not for the government subsidies, GM would have no profit at all.
Kachina27284 Wrote: Sep 01, 2012 10:00 AM
Yes, and what is tragic is that $17,500 government subsidy is borrowed money by the government which can never be repaid.
Semperfi/par Wrote: Sep 01, 2012 9:55 AM
With that money you could buy a corvette. Giddy up!
wiseone Wrote: Sep 01, 2012 10:10 AM
If adrian's numbers are right the sticker price of an un-subsidized Volt would be over $60K. You could buy the top-of-the line luxury model of any common manufacturer for that. There are probably makes like Mercedes that sell models for more than that, but you can get a Cadillac, Lincoln, Chrysler, many Lexus', and most SUVs for that price or less.

And then you would get a car with all the bells and whistles that doesn't have to be plugged in for 8 times as long as you drive it.

If there was any doubt from skeptics about the complicity of the Obama administration in creating and directing the “new” General Motors –a.k.a Government Motors- the latest ballyhoo regarding sales figures and the Chevy Volt should convince even the doubters.

GM: Aug. Volt sales best yet says the Detroit News.

GM Expects Volt Sales to Set Monthly Record says the normally sane Wall Street Journal.

Chevy Volt broke monthly sales record in August reports the Associated Press.

But like a lot of claims coming from Obama or one his corporate...