Chevy Volt is even more subsidized

Sep 2006
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Apparently Government Motors has decided that all the money they were spending advertising only the Chevy Volt on TV and all the money they are losing when they sell the Volt was not enough. They have started heavily discounting the Volt even more than they were. In June they simply lowered the Volt by $1,000 but that had no effect on sales so they took it much further.

I thought car companies were supposed to be in the business of making money but apparently Government Motors is more interested in promotting something other than making a profit.

Chevrolet’s Volt selling, but not at sticker price

...Sales rose mostly because of discounts of almost $10,000, or 25 percent of the Volt’s sticker price, according to figures from TrueCar.com, an auto-pricing website. Other pricing services gave similar numbers, and dealers confirmed that steeply discounted Volts are selling better than a few months ago.
GM’s discounts on the Volt are more than four times the industry’s per-vehicle average, according to TrueCar estimates. Edmunds.com and J.D. Power and Associates say they’re about three times the average. Discounts include low-interest financing, cash discounts to buyers, sales bonuses to dealers, and subsidized leases.


Read more: Chevrolet’s Volt selling, but not at sticker price - Washington Times Chevrolet
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Feb 2010
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Who cares? We have bigger problems. Trillions in worthless derivatives, a recession on the horizon, Europe is about to go belly up, turmoil in the Middle East and Afghanistan is heating up..
 
Sep 2006
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Who cares? We have bigger problems. Trillions in worthless derivatives, a recession on the horizon, Europe is about to go belly up, turmoil in the Middle East and Afghanistan is heating up..
and we have Mitt Romney's tax forms too right?
 
Feb 2010
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Good because Mitts taxes are his business but Government Motors has been made our business because it is government owned.
So what if not releasing them costs him the election. It's his choice.
GM is still a U.S.-based multinational auto company, incorporated in Delaware and headquartered in Detroit. In fact, according to the Congressional Budget Office, about 33 percent of the stock in GM is still owned by the U.S. Treasury as a result of a taxpayer-assisted bankruptcy and downsizing in 2009. But the company sells cars in more than 120 countries and accounted for nearly 12 percent of all car and truck sales worldwide last year (11.9 percent, according to GM’s annual report). It’s also true that China is now the largest market for car sales on earth. Total car sales in China surpassed those in the U.S. in 2009. China retained the lead in 2011, and that lead is expected to grow in the future
 
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Sep 2006
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So what if not releasing them costs him the election. It's his choice.
It won't because he gave 4 million to charity and Obama is not going to challenge him on his taxes in the debates that is for sure. Infact I am noticing that the media is now laying off the tax form thing as well. We are free to focus on the economy.
 
Feb 2010
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It won't because he gave 4 million to charity and Obama is not going to challenge him on his taxes in the debates that is for sure. Infact I am noticing that the media is now laying off the tax form thing as well. We are free to focus on the economy.
Obama doesn't have to say a word about Mitt's returns. All they have to do is replay the republican primary soundbites.