Well with the Federal Government firmly entrenched in GM, can subsidies be far behind? Oh that's right we already own GM, hey how about they just give all us taxpayers a free Volt! Kill three birds with one stone, pay us tax payers back, a little stimulus thing and save the world from CO2-win,win,win... right?
A Shocking Statement from Team Obama
The Chevrolet Volt will not save General Motors Corp., the U.S. government said Monday in its Viability Summary of GM.
"While the Volt holds promise, it will likely be too expensive to be commercially successful in the short-term," the report said.
The electric car "is currently projected to be much more expensive than its gasoline-fueled peers and will likely need substantial reductions in manufacturing cost in order to become commercially viable."