Via Drudge: According to an investigation by one James Hohman, of the Mackinac Center for Public Policy, the Chevy Volt bakes in up to a quarter of a million dollars of government subsidies per vehicle.
Meanwhile, sales of the Volt for 2011 had reached just over 6,100 by the end of November, which looks to fall short of Chevrolet’s hoped-for 10,000 units for 2011. Buoyed, however, by the fact that anyone’s buying them at all (and, no doubt, by the continuing prospect of a place at the public trough for the GM snout), the company is gearing up its plant for a production run of 60,000 Volts in 2012. Order now! They’re sure to fly off the lot.
2 Comments
GM shoulda named it The Amp.
Probably coulda attracted most of the old geezer musicians I know (the ones who ain’t dead) who fried their brains so long ago.
Probably some electricians too. So long as you’d give GM permission to run in their ads your text, “60,000 Amps” – now that would pad a resumÁ¨.
Quite the coincidence – I leave here after finding the government’s tab on a Volt is a cool quarter mill.
Next spot I land on tells me since 9/11 “grants” of up to $34B have already been made, and are, “projected to reach $19.2 billion by 2014, up from an estimated $15.8 billion in fiscal 2009.”
Anybody heard? Are the only customers of Chevy Volts, AQ? What does an Arizona Sheriff need an Army tank for?
http://www.thedailybeast.com/articles/2011/12/20/local-cops-ready-for-war-with-homeland-security-funded-military-weapons.html