In response to:

Chevy Losing $49,000 Per Volt Produced

g15y Wrote: Sep 10, 2012 6:42 PM
That is how liberal math at Government Motors works.........NO WONDER THEY ARE HEADED FOR BANKRUPTCY AGAIN........

At the Democratic National Convention last week in Charlotte, speaker after speaker, including President Obama and Vice President Joe Biden, touted the bailout of General Motors.

 

Not only did the $49 billion still owed to taxpayers go unmentioned last week, new numbers show GM is losing $49,000 per Chevy Volt the company produces, which is more than the actual list price (not counting taxpayer funded subsidies) of $39,000.

Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still losing as much...