by Seton Motley
General Motors (GM) is halting, for a month, the manufacture of its well-known but seldom-sold Chevrolet Volt extended-range electric car, according to trade publication Automotive News.
Certainly this is but the first time this has happened.
(This is) the third time this year…, months after CEO Dan Akerson lowered the company's aggressive sales target for the plug-in hybrid.
Does GM think that these absences will make consumers’ hearts grow fonder? It obviously didn’t the first two times.
Maybe GM isn’t getting the word out?
Well that hasn’t worked.
Well at least GM isn’t doing that sort of thing here.
Oh. What else has GM done to generate interest?
There was the Chevy Volt song...and dance.
Really - that didn’t do it? Hmmm.... What else?
GM just spent $10.4 million to build a Chevy Volt-ville - a (President Barack) Obama Candy Land Potemkin village.
Why then is the Volt struggling so?
Perhaps because it only gets 35 miles to a 12-hour charge, and costs twice as much as a similar-sized regular gasoline mobile.
Wow, that sounds inconvenient and expensive.
Chevy Volts cost $41,000 to make, and sell for $41,000. It is a non-profit vehicle....
We the Taxpayers pay $7,500 per Volt sold in bribe money - I mean incentive....
As of November of last year, the total Volt subsidy Taxpayer cost was $250,000 per Volt sold.
That hefty Taxpayer per-car tab STILL isn’t doing it? What else is going on?
Another contributing factor to the Volt’s non-sales: Obama and GM admit to only one Volt fire - dangerously rabbit-holing at least five fires and a whole host of attending Volt charging problems that have not yet been adequately explained.
Powering Inferno. How does GM normally handle cars with such terrible sales numbers?
Why then is the Volt getting all these reprieves? And why is this happening?
And why is this happening?
GM in 2010 launched a $100 million venture capital division (it’s ObamaMotors - not Mitt Romney’s Bain - so I guess it’s ok). Which is investing in fabulously successful things like...solar panel companies.
In fact, no company on Planet Earth - pardon me, Mother Gaia - registered in 2010 more (non-)green (non-)energy patents than GM.
Because GM is no longer a for-profit car company - it is a Leftist ideological entity.
Interesting management choices all. How’s it going elsewhere?
How else is he doing?
Good question. If there’s “progress,” why then is:
Better question - given that...
We the Taxpayers are still stuck with 500+ million shares of GM stock. For us to break even, they must be sold at $54 per. They debuted post-bankruptcy at $33 per share and are now around $20 per share. This sets us up for a nearly $17 billion loss– just on the stock.
What a fabulous “success” all of this is.
Again, it can’t get here soon enough - and should start at the very top.