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

humbleman Wrote: Sep 17, 2012 4:25 AM
the math is simple. lets ignore that the car costs more than what its sold at. even if it was a profitable car...the simple math of energy. everytinme you power up that car it is powered thru an energy plant. any teacher of any science took the lessons that tuaght them that there is no such thing as perpetual motion. anoutherwords it costs more to make a battery and power it up than to use the energy that powers it up.

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...

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