GM’s main issue with the article is a claim that the automaker loses as much as $49,000 on every Volt produced. After performing its own analysis and interviewing a number of automotive consultancies, Reuters added estimated development
costs
of at least $1.2 billion. Finally, the reporters factored in the Volt’s
production costs (estimated in the article to be $20,000 to $32,000 per
vehicle),
Poor dears.... but.... we are the government and we are here to help
ReplyDeletehttp://freebeacon.com/great-green-car-fleet/
Without the bailout of the auto companies, a Republican initiative, the economy would be much worse off than it is today. But the Obama haters continue to spew their venom.
ReplyDeleteThe republican initiative was a bridge loan which allowed operating capital until Obama got in office and decided what he wanted to do. What ever the merits of the initial bailout, Obama is determined to keep GM sales from going in the tank by government fleet purchases. The bailout that keeps on giving....
DeleteDon't believe everything you read in internet blogs. Govt. fleet purchases are a miniscule fraction of GM sales.
Deletehttp://www.politifact.com/truth-o-meter/article/2012/sep/06/did-obama-save-us-automobile-industry/
DeleteJust keep telling yourself that and send it to the people that were toasted by the government from Pontiac, Hummer, Saturn and the 2600 dealers that they ran over with the government truck.
DeleteNirvana all because of your government, we are saved. Buy that GM car lately?
mick,
ReplyDeletep.s. Obama gives people a lot to hate as he continues pandering to specific groups instead of leading the nation.