In response to:

With $33.6 Billion Cash, If GM Can’t Tell the Truth They Can Give Us Our Money Back

chdouglas Wrote: Sep 17, 2012 9:32 PM
When GM became a government entity, I was very thankful that I bought a Ford ten years ago. Ford told the government where to go. By the way, I still drive that 12 year old Ford F150.
Rondoman Wrote: Sep 17, 2012 10:43 PM
12 year old Ford F150? Heck, I am still trying to get my 40-year-old 1972 F100 going so I can avoid price shock. Sorry, but no Chevy or GM is in the picture until the government gets canned and GM pays it back.

Over the weekend General Motors fought back against critics who have been all over the company after published reports say that the government-subsidized car company is spending as much as $90,000 to produce the “breakthrough” electric car, the Chevy Volt. The Volt retails for only $40,000.

Although the company refused to release figures regarding Volt production costs, UPI quotes the company as saying that critics have "allocated product development costs across the number of Volts sold instead of allocating across the lifetime of the program, which is how business operates."

The UPI whines that the Volt has become a...

Related Tags: Money GM