Media Fail: Chevy Volt Makes NO Money, Costs Taxpayers Hundreds of Thousands of Dollars Per CarMuch more at the site -- lots of links to the corroborating data. Happy with my Ford (even with the tranny troubles). Posted by DaveH at July 17, 2012 3:23 PM
The Jurassic Press is missing much in their reporting on the $50 billion bailout of General Motors (GM). The Press is open channeling for President Barack Obama - allowing him to frame the bailout exactly as he wishes in the 2012 Presidential election.
The President is running in large part on the bailout�s $30+ billion loss, uber-failed �success.� And the Press is acting as his stenographers. An epitome of this bailout nightmare mess is the electric absurdity that is the Chevrolet Volt. The Press is at every turn covering up - rather than covering - the serial failures of President Obama�s signature vehicle.
The Press has failed to mention at least five Volt fires, myopically focusing on the one the Obama Administration hand-selected for attention.
The Press has failed to mention that the Volt fire problem remains unsolved. Is it the battery? Is it the charging station? Is it the charging cable? All of the above?
GM and the Administration don�t know. And the Press ain�t breaking their necks trying to find out.
But go out right now and buy yourself a Volt- for 45 days, then give it back to GM for a full refund. You can do that even before the first monthly payment comes due. But buying one gives you a $7500 Fed tax credit and perhaps more for your state and no requirements about how long you own the car to claim the credit. I'm seriously considering it.
Posted by: Nate from Ogden at July 18, 2012 11:44 AM