Chevy Volt a Failure - GM to Layoff 1,300

Announced today that due to lower than expected sales of the Chevy Volt - GM will be laying off 1,300 workers and will temporarily suspend production of the "green" vehicle.

I wonder if this announcement was delayed until after the Michigan Primaries last week.

 

I was going to purchase one this weekend.

 

Obama must have known this yesterday when he was speaking in New Hampshire.

"It's not going to be a long, smooth road. Some companies will fail. Some experiments won't work all the time. But as long as I'm president, I am not going to walk away from clean energy. I won't see the markets for solar, wind, and battery technologies go to China because some politicians don't want to take the chance on them. With or without this Congress, I'm going to do everything I can. They've got their business. I've got you."

 

5-week layoff.

content.usatoday.com/communities/driveon/post/2012/03/gm-stops-building-slow-selling-chevy-volts-for-5-weeks/1#.T1FM68wzUfg

 

Chris L leads his fellow right wingers in celebrating the decline of American ingenuity and technological advancement at the expense of foreign oil imports!

 

Surprised GM is not selling more. At $838 per month ( over 48 months) or $1100 per for a 36 month lease it's a good deal.

 

Particularly in this great economy.

 

As someone who comes form an oil rich province, the volt was actually a car that drew some interest form me, as in the if I was in the market to buy a new car, I would actually consider it. But I had no idea they started at $41,545 up here. That's absolutely insane, especially for a non-luxury car. They are a commuter car, that is all. Expecting to get more than $25,000 for a base model that for most families will be a second or third vehicle is ridiculous.

 

You could be driving a BMW 750

 

The 750 Li Hybrid electric leases for $1600/month on a 60 month lease.