Video: Auto-mogul-in-chief takes new GM lemon for a spin
posted at 4:55 pm on July 30, 2010 by Allahpundit
Hot vid from today’s speech at a Chrysler plant in Detroit, in which The One reminded Republicans that without federal largesse a whole lot of auto workers would be unemployed right now, which means America’s new electric money pit would be nothing but a pipe dream. In fact, this Volt photo (actually taken a few weeks ago) gave me the best chuckle I’ve had today. Suggested caption: “$41,000?!”
And yeah, it’s a lemon. An expensive one, too:
In the industry, some suspect that G.M. and the Obama administration decided against selling the Volt at a loss because they want the company to appear profitable before its long-awaited initial stock offering, which is likely to take place next month. For taxpayers, that approach might have made sense if the government planned on selling its entire 61 percent stake in G.M. But the administration has said it will sell only enough equity in the public offering to relinquish its controlling stake in G.M. Thus the government will remain exposed to the company’s (and the Volt’s) long-term fate…
Quantifying just how much taxpayer money will have been wasted on the hastily developed Volt is no easy feat. Start with the $50 billion bailout (without which none of this would have been necessary), add $240 million in Energy Department grants doled out to G.M. last summer, $150 million in federal money to the Volt’s Korean battery supplier, up to $1.5 billion in tax breaks for purchasers and other consumer incentives, and some significant portion of the $14 billion loan G.M. got in 2008 for “retooling” its plants, and you’ve got some idea of how much taxpayer cash is built into every Volt.
In the end, making the bailout work — whatever the cost — is the only good reason for buying a Volt. The car is not just an environmental hair shirt (a charge leveled at the Prius early in its existence), it is an act of political self-denial as well.
Suggested marketing slogan: “You paid for this thing. Why not pay a little more?” As for the clip, the Secret Service was leery about letting him behind the wheel but relented when they realized he’d only be driving it 10 feet. Which, if I’m not mistaken, is about the range you get when running off of the electric battery anyway. (I kid, I kid. Sort of.)
Blowback
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How about an economically non-viable car that is supposed to save a company that already had to be bailed out because it wouldn’t build cars people wanted to buy?
How about having to bribe people to purchase the thing with taxpayer money?
How’s that for short-sighted and ignorant?
sharrukin on July 30, 2010 at 5:48 PM
Keep financing the jihadis to the max with the gas-guzzlers. I am sure they will thank you while they are in the process of sawing your head off.
coldwater on July 30, 2010 at 5:49 PM
Top Gear rocks!
..and just in case you thought that maaaayyyybe the G-Wiz was redeemable….
http://www.youtube.com/watch?v=oT6HE9BpJyQ
Fighton03 on July 30, 2010 at 5:50 PM
For $41k I could by 5 Chevy Nova fastbacks, in pristine condition and fully restored, with rear tires that would make a bold statement but also bring thieves into my neighborhood.
Or, I could purchase 1 Mercedes Benz or maybe 2 Beemers.
I hope the Chevy people Bolt or Re-Volt on this embarrassment.
Key West Reader on July 30, 2010 at 5:52 PM
Price of a Mercedes. This car is junk. 7,500 dollar bribe to take one home is not enough.
seven on July 30, 2010 at 5:54 PM
Hello, I’m an electric car.
I can’t go very fast, or very far and if you drive me, people will think you’re gay.
The Ugly American on July 30, 2010 at 5:54 PM
He didn’t smoke in that car did he?
Bicyea on July 30, 2010 at 5:54 PM
I think I saw his training wheels…
RalphyBoy on July 30, 2010 at 5:54 PM
This, naturally, begs the question of how many total vehicles your household has and what specific engines are in them.
rogerb on July 30, 2010 at 5:55 PM
Secret Service didn’t want him getting electrocuted, since it is an electric car
and
his diaper was wet
macncheez on July 30, 2010 at 5:55 PM
He operated a motor vehicle. Does he have a driver’s license?
Oldnuke on July 30, 2010 at 5:55 PM
I have it on first account that they’ll come for you first. They can’t stand your kind.
Schadenfreude on July 30, 2010 at 5:56 PM
So tell us what you are doing for the environment at this point. You know all the solar panels and the wind generator you use to power your electrons to make your comment. If you are still sucking on the teat of big energy we really don’t want to hear from you about a worthless piece of metal and batteries that is nothing more than a sin indulgence for greenies.
chemman on July 30, 2010 at 5:56 PM
If they charged the battery for 4 more hours he could have gone another 10 feet!
Bicyea on July 30, 2010 at 5:56 PM
The only thing Barry’s “stake” in Government motors did was prolong the inevitable and give the union employees a few more years to beef up their pensions that Durbin is shoring up today with billions more…
Bast*rds.
Tim Zank on July 30, 2010 at 5:57 PM
Babe, let me say this. The makers of Chevrolet products, the men and women on the Line, the designers, the architects could have succeeded. Chevy made some of the best units in our Nation’s history. Chevy always built products that Americans wanted to buy.
This is all about the Unions, and nothing else. So, to bail out the Unions, America has to shed Her Icon of Automotive Superiority. For Obama, and his Unions.
I hope there’s a Chevy Revolt. I hope that the workers on the line and on the ground will reject the Unions and do what they do best. Design and construct the best cars on the planet. To do this, however, will require them to shed the Unions and UBama.
Key West Reader on July 30, 2010 at 5:57 PM
How about this being a first generation vehicle. One that will only get better and cheaper as technology improves and higher production volumes kick-in.
I would rather have tax credits for efficient cars that have potential in reducing our dependence on jihadi oil than have tax credits for jihadi financing gas-guzzlers. Do I need to remind people about the business tax credits for trucks and SUVs in years past?
coldwater on July 30, 2010 at 5:58 PM
according to Judge Bolton that’s too much of a burden to ask.
Fighton03 on July 30, 2010 at 5:58 PM
When I put my foot down, I want to hear the dual exhaust note, feel the torque plant you in your seatback.
I refuse to drive a chicklet.
Brian1972 on July 30, 2010 at 5:45 PM
Brian1972: Now your talking!!:)
=========================================================
70 Chevelle Burn Outs (the guy almost loses it twice)
http://www.youtube.com/watch?v=4ZrGYcGEvbo&feature=related
canopfor on July 30, 2010 at 5:58 PM
EV-1…..
Fighton03 on July 30, 2010 at 5:59 PM
Automatic AND schtick?
Barnestormer on July 30, 2010 at 5:59 PM
If I was a union worker and had a choice between continuing to work doing what I loved to do, or being taken over by the Obama welfare machine, I think I’d shed the union label. Especially if it meant my survival as an American and as a Free Person.
Key West Reader on July 30, 2010 at 6:00 PM
OMG, he put on his seat belt!
Who is John Galt on July 30, 2010 at 6:00 PM
I know it’s fashionable to dump on GM right now, but there have been some good things they were doing before this stupid union bailout happened.
Like the LS series engines. They are great powerplants.
The Corvette and Camaro are terrific cars.
Cadillac has some great looking stuff out now, and Buick is making some good looking cars and SUVs too.
All this was in development long before Obama decided to intervene and save the UAW.
I hope they can get themselves out from under Obama’s thumb by doing what WE want, rather than what the green fascists want. There are a lot more of us than them.
Brian1972 on July 30, 2010 at 6:00 PM
Our Canadian friends thank you for calling them jihadis. You did do the research and realize that the vast majority of our imported oil comes from Canada and Mexico. You need to chastise the Europeans, Chinese and Japanese for supporting the jihadis.
chemman on July 30, 2010 at 6:01 PM
I am not a GM worker. I am just tired of this country shooting itself in the food with an energy policy that is very harmful to our national security. Notice I didn’t say anything about the environment or global warming. Wake da fuck up!
coldwater on July 30, 2010 at 6:04 PM
I am not a GM worker. I am just tired of this country shooting itself in the food with an energy policy that is very harmful to our national security. Notice I didn’t say anything about the environment or global warming. Wake da f up!
coldwater on July 30, 2010 at 6:04 PM
We get most of our imported oil from Canada and Mexico.
Saudi is at %14.
We could produce much more domestic energy if only the green fascists would let Americans produce American energy in America.
By the way, where does the energy in that precious battery come from when you charge it up for that 40 mile run?
It is not a magical solution.
If you want a battery powered chicklet, by all means go ahead, it is a free country.
However, you should keep your jihad-helper argument to yourself, because it is really offensive and it also bullsh!t.
Brian1972 on July 30, 2010 at 6:05 PM
Government peeing away money in the past isn’t much of an argument for more government waste.
sharrukin on July 30, 2010 at 6:05 PM
Great. The Dolt “Car” is just ugly. Looks like something bit off its front end. Ugh. Now how much did we pay for this disaster.
MayorDaley on July 30, 2010 at 6:07 PM
canopfor on July 30, 2010 at 5:45 PM
======================================
Top Gear rocks!
..and just in case you thought that maaaayyyybe the G-Wiz was redeemable….
http://www.youtube.com/watch?v=oT6HE9BpJyQ
Fighton03 on July 30, 2010 at 5:50 PM
Fighton03:That was a hoot,I thought the botton he pushed,
was nitrous,hahha ka-boom!!:)
canopfor on July 30, 2010 at 6:08 PM
It’s a concept they need to keep working on because unless it will go a whole lot more than 40 miles (under ideal conditions), I just don’t see people buying this over a $15,000 Toyota that gets 40mpg, even if cost wasn’t a factor.
scalleywag on July 30, 2010 at 6:09 PM
Again coldwater, since you brought it up, how many vehicles (and engines are in each) are associated with your family/household right now?
rogerb on July 30, 2010 at 6:09 PM
Obowma drives the electric lemon.
That should have been educational.
Does our dear Kenyan even know what cars are for? I mean talking about running down to the store, yep in Kenyan that means running down to the store.
tarpon on July 30, 2010 at 6:10 PM
It isn’t the workers, but the management and unions. The Japanese automakers seem to do fine with American workers, so yeah I agree. Some bad decisions were made regarding types of vehicles to produce and an unwillingness to face the unions.
sharrukin on July 30, 2010 at 6:10 PM
The oil market is a global market(in which we re by far the biggest buyer) which sets the prices which fills the Sauidi, Iranian and other terrorist supporting regimes coffers with tons and tons of cash which they then funnel to the terrorists who dream of murdering your ass. Any questions?
coldwater on July 30, 2010 at 6:11 PM
There was another douchenozzle here the other night with the exact same talking points. Ya’ll should learn how to say similar things without using the same words.
thomasaur on July 30, 2010 at 6:13 PM
I have one.
Why don’t we just murder their asses first, and not buy into any stupid pie in the sky fantasy that we are going to get off of oil as our main transportation energy source?
Brian1972 on July 30, 2010 at 6:14 PM
Do I need to remind anyone that we are the “Saudi Arabia” of coal? I don’t give a rat’s ass where it comes from. As long as it’s not financing the damn terrorists.
coldwater on July 30, 2010 at 6:15 PM
Actually there were several. It was like we had been invaded by the auto union.
sharrukin on July 30, 2010 at 6:15 PM
Barry was right at home–all he drives are electric golf carts. “Now where did I put my putter?”
For $13K I bought a 2007 Nissan Versa which can go about 330 miles on a tank of gas, so I paid about $40 per mile of range, with no government subsidies. For $41K you can go 40 miles in a Volt, or about $1,000 per mile of range. Your tax dollars at work, increasing the cost per mile 25-fold.
Steve Z on July 30, 2010 at 6:16 PM
Wow, this is like The Simpsons when Homer designed a car for his long-lost brother’s company and it turned out to be an $81,000 lemon that bankrupted the company. Could it really be that our president is Homer Simpson?
NukeRidingCowboy on July 30, 2010 at 6:17 PM
Wondering how hard it was to pedal that thing.
Buckeye Babe on July 30, 2010 at 6:17 PM
That be 2. I own one and my wife owns one.
coldwater on July 30, 2010 at 6:18 PM
Nope no questions of you. I’ll save the questions for the adults.
Tim Zank on July 30, 2010 at 6:19 PM
I suppose you think that our own military is funding terrorists, with all those trucks, Humvees, M1 Abrams tanks, Bradleys, Strykers, not to mention all the jets and helicopters.
I’m sure they appreciate that sentiment.
Brian1972 on July 30, 2010 at 6:22 PM
It’s not a pie in the sky fantasy. That’s what electric will eventually do. Obviously this will take time, but the sooner we start the sooner we get there. Should have started when Reagan was talking about this stuff in the early 80s…
coldwater on July 30, 2010 at 6:23 PM
Wow. One for each of you?
As requested, specific makes/models/engines of each, please.
rogerb on July 30, 2010 at 6:24 PM
Oh goody, you agree we can start ASAP in ANWR?
txmomof6 on July 30, 2010 at 6:25 PM
According to a Rand report from 2005, there are between 500 billion and 1.1 trillion barrels of recoverable shale oil under the Rockies, in western Colorado, eastern Utah, and southern Wyoming, enough to supply our needs for well over 100 years, which could be recovered for about $30 per barrel, less than half the price on the world market. If we developed that, the USA could become the world’s largest PRODUCER of oil, and control the market.
But most of it is under Federal lands, and our boy-genius tree-hugger Interior Secretary from Colorado says we can’t develop it.
What’s wrong with this picture?
Steve Z on July 30, 2010 at 6:25 PM
I’d rather buy 2 Civic Hybrids. I’ve got 90k miles on mine now and mechanically it’s still the best car I’ve ever owned. Gets between 45 and 51mpg depending on how it’s driven, but I’ve never had a tank average below 44. Oil changes every 12k miles and the brakes never wear out.
I will always have a soft spot for the mid-80s GM G bodies (the turbo Regals, especially) but the last Chevy I sat in had poorly fitting components and sharp seams on the plastics.
They should have badged the Volt as a Caddy if they wanted that number on the sticker.
DrSteve on July 30, 2010 at 6:26 PM
Oh he knows how to drive.
He has been driving his daughter’s Barbie- cars like for ever , they are battery powered too yano
;-)
macncheez on July 30, 2010 at 6:26 PM
We eliminate the 50% of Global oil we use and the global oil rates tank by about 40$ per barrel. China and India will pick up that slack in no time and the jihadis will still be rolling in dough. And they will still want to cap your a&&. Any questions.
chemman on July 30, 2010 at 6:27 PM
You haven’t been following the news? Over the past decade our government has been providing billions upon billions of dollars to Pakistan which turns around and uses that to support the Taliban. How messed up is that?
coldwater on July 30, 2010 at 6:32 PM
Are you suggesting some kind of legislative regime under which what you deem to be “gas guzzlers” are artificially made more expensive to buy and operate to force people into electric cars over time?
You will never, ever kill the internal combustion engine. Never.
America loves horsepower, and that isn’t changing anytime soon.
We are going to be driving on petroleum for the rest of your life, and your children’s lives. Probably longer.
It is the most efficient stored energy method, and the most convenient.
I suggest you worry about how best to kill the damn terrorists, rather than going around accusing your fellow Americans of helping them.
It’s bullsh!t.
Brian1972 on July 30, 2010 at 6:36 PM
The chemistry and physics of energy conversion limit electric engines to nothing more than a stop gap on the way to possibly a hydrogen or some other chemical based fuel economy.
chemman on July 30, 2010 at 6:37 PM
Both India and China are very unhappy about having to pay through the nose for the stuff. As soon as the technology has been developed they will copy it and run with it.
coldwater on July 30, 2010 at 6:38 PM
That is a totally different argument than what you have been putting forth on this thread. You have a valid point with this argument.
chemman on July 30, 2010 at 6:39 PM
He could only drive it 10 feet? They need a longer extension cord.
kwbrownie2003 on July 30, 2010 at 6:42 PM
It’s messed up. Buying a Volt over it is downright stupid, however.
There’s necessity and sufficiency, and you don’t seem to know the difference.
DrSteve on July 30, 2010 at 6:43 PM
I am not aware of the stuff being recoverable and for 30$ per barrel. Could you provide a link please. While we are still are using oil we should definitely be exploring every available resource.
coldwater on July 30, 2010 at 6:43 PM
Yes, I will buy one, but will wait a few years to do so. It will take them a couple of years to work out the kinks.
coldwater on July 30, 2010 at 5:44 PM
Get a clue, cupcake. This POS isn’t going to be around in a few years. But, hey, if you are so committed to “keepin’ it clean”, by all means, walk everywhere you want to go between now and the time that you are able to afford one of these babies.
The question nobody seems to have addressed is this: Who is going to be around to service these puppies? I’d be willing to bet that my local GM dealership won’t have anyone trained to fix one of these up, and if they do, it’s going to cost a pretty penny, because the parts are going to be quite specialized and hard to find.
Then there’s the question of insurance. How much do you think a collision/liability policy is going to cost for one of these cars? Does the insurance industry even have policies that cover this? I’d be willing to bet that insurance isn’t cheap for this vehicle, which guarantees that only those people with LOTS of disposable income are going to be able to buy one of these cars.
And Coldwater, you DO realize that the batteries on these cars run between $5,000-$10,000 APIECE, right? They don’t last more than 2-3 years at the present time. Seriously, how many people do you think are going to buy a car that costs that much to begin with, knowing that they are going to have to shell out an amount equivalent to 25% of the cost of the car BEFORE it’s even paid off?
These cars are going to sit at the manufacturing plant, slowly turning into rust. The lawyers who are currently running this country don’t understand that you can make wonderful things, but if people don’t find them economical and practical, they are never going to buy them.
TeresainFortWorth on July 30, 2010 at 6:47 PM
Tesla makes a kickass electric sports car.
coldwater on July 30, 2010 at 6:47 PM
Adopting? Yes, certainly. “Running with it”? Unlikely. Even with the captive savings of a billion Chinese at their disposal, the government of that country’s not going to replace every ICE overnight, or even a significant fraction of them. The place is awash in marginal and outdated technologies in every single industrial application you can name. In fact, they’re more likely to salvage our ICEs when we’re done with them (which would have no small positive impact, I’ll admit).
And in any event, I’m not sure anyone wants to see the environmental impact of a billion new battery packs.
DrSteve on July 30, 2010 at 6:48 PM
That is a direct foreign aid package, not petroleum use.
Yes it is messed up, but off topic.
Tell the Marine Gunnery Sgt in an M1 Abrams tank that for every gallon of fuel he burns in that tank, he is helping the terrorists.
I dare you.
Brian1972 on July 30, 2010 at 6:49 PM
My point is that we have been shooting ourselves in the foot many times and in many different ways. What you asked me is indeed one of those ways.
coldwater on July 30, 2010 at 6:50 PM
We gave the $35 billion to the wrong companies, no argument here. Imagine how much lower the Tesla 4-door’s (or the Venture 1′s, or the Aptera’s) unit costs would be if they’d gotten some of that money to operate at efficient scale.
Instead we bought transfusions for dinosaurs.
DrSteve on July 30, 2010 at 6:50 PM
But what gas mileage does it get at 300 miles? Even if its MPG is equivelant to a conventional car one cannot justify buying a car that cost 2-3x the price of a convention car. So its still fair to say its not practical.
Your answer of “I’ll wait a few years…work out the kinks.” demonstrates your acknowledgment of its impracticality though you don’t want to admit it.
Again, I’m not trying to be harsh. Think about it.
Who can you imagine will buy this car now? Most people that like the idea are also likely to buy one a few years from now.
What should have happened was that GM should have waited a few years. But they were pushed by our pseudo-green government.
shick on July 30, 2010 at 6:53 PM
Not as kickass as a Corvette ZR1.
Brian1972 on July 30, 2010 at 6:55 PM
Thanks to our current administration which is hurting our US oil companies you can bet we’ll be buying more foreign oil.
shick on July 30, 2010 at 6:56 PM
Here’s the ridiculous thing. You can get a car with better fuel efficiency right now. Honda and Toyota are both on the 3rd generation of their hybrid technology. And e-flex isn’t anything revolutionary… we had reliable diesel-electric locomotives 60+ years ago.
DrSteve on July 30, 2010 at 6:58 PM
The general public needs to understand this. That’s all I am saying. I am not attacking individual soldiers who are just doing their jobs, many of them heroically.
coldwater on July 30, 2010 at 6:59 PM
Oil hasn’t been 30/bbl in years. Last estimate I read about 3 yrs ago put the economic cost at about $45/bbl. Now that was several years ago as well. I lost interest in the underlying economics when it became apparent that alternative energy was less about powering the nation and more about political by-lines.
Fighton03 on July 30, 2010 at 7:03 PM
I know….I see thousands of them on the road.
Fighton03 on July 30, 2010 at 7:04 PM
Obama was going to allow more offshore drilling than was allowed under Bush until this BP oil leak disaster… Now a lot of people are having second thoughts about offshore drilling. So you can thank BP for this one…
coldwater on July 30, 2010 at 7:04 PM
Third time’s the charm, coldwater.
As requested, please post the specific makes/models/engines of each of your family’s two (wow, two?) vehicles, please.
rogerb on July 30, 2010 at 7:04 PM
Since when has the size of an equity stake in a company made any difference in the Thug-in-Chief’s willingness to stamp his foot and demand anything he wants from that company?
PS: What fool thinks that Americans will then no longer consider it ‘Government Motors’?
slickwillie2001 on July 30, 2010 at 7:08 PM
Dude, it’s a new and developing technology. It’s still expensive. With time things will change. What we can’t have happen is to have narrow-minded luddites and oil interests snuffing it out.
coldwater on July 30, 2010 at 7:08 PM
Also not as kickass as a Shelby GT500 Mustang,
or the Ford GT.
Brian1972 on July 30, 2010 at 7:09 PM
Fighton03 on July 30, 2010 at 7:15 PM
how the heck did I hit the strike button???
Fighton03 on July 30, 2010 at 7:16 PM
slickwillie2001 on July 30, 2010 at 7:18 PM
When outrunning scimitar wielding Jihadis I drive a Scion XB which gets 38mpg on non-premium gas and has a range of over 300 miles – without the coal plant back-up.
Otherwise I live a block from work and hardly ever drive. So it ain’t me financing their activities.
Lily on July 30, 2010 at 7:18 PM
GM is offering an 8 year/100 thousand mile battery warranty. The dealerships that sell them will have parts and people trained to fix them.
When it’s so easy to look this up, why are you posting ignorant stuff here?
coldwater on July 30, 2010 at 7:18 PM
Well, we’re gonna be A-OK since there needs to drill-baby-drill to get the oil to power up the unit./*geniuses*/sarc
ProudPalinFan on July 30, 2010 at 7:18 PM
ProudPalinFan on July 30, 2010 at 7:21 PM
Am I correct that while Gibbs claimed that GM turned an operation 4Q profit, that profit actually came from GM’s overseas operations. Specifically, their Chinese operations?
victor82 on July 30, 2010 at 7:23 PM
ROFLMAO
Fighton03 on July 30, 2010 at 7:25 PM
In that case please be fair to the Volt then
coldwater on July 30, 2010 at 7:28 PM
I toured the shanghai facility in 2001. It was a pretty slick operation, seriously automated, and when you consider that a chinese workers at the time considered $10-15/day pretty good, you know that factor made money.
Fighton03 on July 30, 2010 at 7:29 PM
That’s good, we need someone to replace the Maytag repairman.
Oldnuke on July 30, 2010 at 7:34 PM
Mr. PPF looked at it, and as smart as he is, it hasn’t clicked to him yet that the Audi he wants can be bought with that price tag.
I can’t believe that an Oddy Touring that fits 8, a giant dog, luggage and perks in extra compartments is cheaper than THAT.
ProudPalinFan on July 30, 2010 at 7:36 PM
EVERYTHING is a religion – politics, diet, electric cars… you can’t DISCUSS anything because everyone has their own set of facts and rules for math.
Oh, and BTW, electric cars have been around for more than a hundred years. It’s not first-generation, it’s not a new technology – it just can’t keep up.
TWO WORDS: POWER GRID
I have no doubt we’ll see more electric cars, because it’s government-mandated. We’ll also see rolling blackouts again in areas whose power grid isn’t quite up to snuff. We’re not talking about charging cellphones here. They’re already talking about mandating “charging hours” for cars.
Merovign on July 30, 2010 at 7:37 PM
I think at the very least reading the Volt’s Wikipedia article should be a must before posting any “facts” about it.
Here is a link for everyone who is to lazy to Google, but is not too lazy to post wrong information about it here.
Anyways, I gotta run. Wishing most everyone here continued fun in the echo chamber preaching to the choir.
coldwater on July 30, 2010 at 7:37 PM
Your comment made my day better after a not so great work day.
antisocial on July 30, 2010 at 7:40 PM
buh bye! careful…you might want to cover up that mark…it’s a doozy.
Fighton03 on July 30, 2010 at 7:41 PM
If you read about how the Volt actually works you will realize that it is in very many ways indeed new technology. Do check out the Wikipedia article.
coldwater on July 30, 2010 at 7:41 PM
Enjoy driving one of your two vehicles. Taking the truck out tonight?
rogerb on July 30, 2010 at 7:41 PM
Fighton03 on July 30, 2010 at 5:59 PM
That was when GM spent 10 years and a billion dollars to prove that electric cars were viable. It ended up with all of those cars junked; what a waste.
mad scientist on July 30, 2010 at 7:45 PM
oh…and just to finish the topic…it’s still debated whether Toyota actually makes a profit on the Prius or just considers it a ‘Halo vehicle’ to attract attention to the mark.
Fighton03 on July 30, 2010 at 7:46 PM
coldwater, google is your friend: here’s the Rand study.
There’s LOTS of oirl in the US and US territorial waters; enough to make us independent of any foreign oil if we wanted to be.
But the people in DC have other plans.
Wanderlust on July 30, 2010 at 7:50 PM
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