Tuesday, September 11, 2012

Like Kate says over at Small Dead Animals, this is the point where we juxtapose:

GM loses 49,000 dollars on every Volt it sells, say analysts.

The Pentagon is buying GM's Chevy Volt in order to "green up" the military.  They have a goal of buying 1500.  Based on the above estimates, that alone will cost GM 73,500,00 dollars.  Sounds like a great way to put the company back in bankruptcy just to comply with someone's idea of political correctness.  A government run car company, especially one run by Chicago politicians, is a continuing disaster, and should never have been allowed. 

Further, is it a good thing to be making decisions on what the military needs to protect the country based on the illusion of "green" energy?  Once you cross that Rubicon, what else will fall to the tyrants of green?  Electric tanks?  Bean  bag shooting rifles (ask the border patrol about that one)?

Ugh.  As Kate said, it's a giant snowball of stupid. Complete corruption all around.

Update: GM disputes the number, claiming that development costs must be spread out over the entire production run, not just the cars that have already sold. However, with sales being subsidized by military purchases, which in reality is simply more public money being thrown after bad, and the plant that makes the Volt idled later this year for slow sales, how much of a legitimate production run will that really be?

No comments:

Post a Comment