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Thread: Volt production on hold for 5 weeks

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    Re: Volt production on hold for 5 weeks

    Quote Originally Posted by Hikertrash View Post
    According to reviews, it's the best in upscale midsize cars.

    2012 Chevrolet Volt Reviews, Pictures and Prices | U.S. News Best Cars
    Yepp and the design is ****ing awesome (well, at least compared to other cars on the market today)!
    Last edited by Canell; 03-03-12 at 06:00 AM.

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    Re: Volt production on hold for 5 weeks

    Quote Originally Posted by Hikertrash View Post
    You're not subsidizing anything. Buyers get a tax credit to help increase sales. Eventually the cars will become cheaper and more affordable. Sooner ir later we're going to need to wean ourselves from oil, and the Volt and cars like it will help.
    orly?

    Gov’t subsidies for Chevy Volt up to $250,000 per car? « Hot Air

    Chevy Volt Costing Taxpayers Up to $250K Per Vehicle [Michigan Capitol Confidential]
    links embedded in story:
    http://www1.eere.energy.gov/recovery...ardee_list.pdf 100million
    http://www.michigancapitolconfidenti...9-23-08-BM.pdf another 100million
    http://www.michigancapitolconfidenti...4-14-09-BM.pdf 100 million to the battery supplier
    Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy.

    Hohman looked at total state and federal assistance offered for the development and production of the Chevy Volt, General Motors’ plug-in hybrid electric vehicle. His analysis included 18 government deals that included loans, rebates, grants and tax credits. The amount of government assistance does not include the fact that General Motors is currently 26 percent owned by the federal government. …

    GM has estimated they’ve sold 6,000 Volts so far. That would mean each of the 6,000 Volts sold would be subsidized between $50,000 and $250,000, depending on how many government subsidy milestones are realized.

    If battery manufacturers awarded incentives to produce batteries the Volt may use are included in the analysis, the potential government subsidy per Volt increases to $256,824. For example, A123 Systems has received extensive state and federal support, and bid to be a supplier to the Volt, but the deal instead went to Compact Power. The $256,824 figure includes adding up the subsidies to both companies.

    The $3 billion total subsidy figure includes $690.4 million offered by the state of Michigan and $2.3 billion in federal money. That’s enough to purchase 75,222 Volts with a sticker price of $39,828.
    Keep fooling yourself, there is plenty of corporatism involved if its a cause Obama likes. Btw whatever happened to the liberal idea that tax breaks werent ok, you guys seem to hate it when oil is involved.

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    Re: Volt production on hold for 5 weeks

    Quote Originally Posted by Ockham View Post
    Volt production on hold for 5 weeks | Detroit Free Press | freep.com

    Basic laws of supply and demand dictate the demand just isn't there, despite the average gallon of gas today hitting $3.47 per gallon in the U.S. The cost (ie., math) of the Volt just doesn't work out until maybe gas is around $5.00 + a gallon. In a related note, the Detroit Hamtramck plan was visited by the President in 2010, adding to a possible meme that if the President visits, bad things happen. Let's hope the people put out of work by this slow down, are hired back quickly.
    If us tax payers were not subsidizing this so called car they would have sold about three.

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    Re: Volt production on hold for 5 weeks

    It was the wrong answer to a good question. The only thing it does well is short trips and it's too expensive for that type of car. You pretty much have to have a garage also. That is going to be a major limitation for a good while. People that live in apts don't have access to a garage for a recharge. I have my 56 Pontiac and three motorcycles in ours. To recharge one I'd have to run an extension cord. It's not going to happen.

    The car gets pretty average mileage while not running on the battery because of the weight of the battery.

    They should have perhaps made it a limited option for a Hybrid while they worked on battery technology. You can't make people buy what doesn't work very well for them especially at these costs. People are buying the Prius because it makes sense and works for them.

    People have been begging for GM to offer a 1500 series truck with a small diesel and for some reason they refuse to do it. Go figure.
    Last edited by 1Perry; 03-03-12 at 10:40 AM.

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    Re: Volt production on hold for 5 weeks

    49 billion of our tax dollars and this is the best GM can come up with? What a joke. GM should have filed for bankruptcy. Buy a Ford, they didn't take corporatre welfare. In a related story yesterday our president apparently didn't get the memo that GM was shutting down production of the volt. At a UAW fundraiser for him President Obama brought up a sore subject when he talked about the Volt. Said he was going to buy one. What a moron.
    When America is strong the world is calm, When America is weak tyrants and terrorist slaughter the meek. ~ SgtRock

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    Re: Volt production on hold for 5 weeks

    Quote Originally Posted by SgtRock View Post
    49 billion of our tax dollars and this is the best GM can come up with? What a joke. GM should have filed for bankruptcy. Buy a Ford, they didn't take corporatre welfare. In a related story yesterday our president apparently didn't get the memo that GM was shutting down production of the volt. At a UAW fundraiser for him President Obama brought up a sore subject when he talked about the Volt. Said he was going to buy one. What a moron.
    As of right now they are only suspending production because the inventory is high. Will they decide to not continue production in 3 months? We will have to see.

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    Re: Volt production on hold for 5 weeks

    Quote Originally Posted by Your Star View Post
    Electric cars aren't that more environmentally friendly anyway, since where does the electricity come from? Fossil fuels mostly, we need to find another energy source, not just rearrange how we power things.
    Kryptonite is the answer. In the mean time drill baby drill.
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    Re: Volt production on hold for 5 weeks

    Quote Originally Posted by 1Perry View Post
    As of right now they are only suspending production because the inventory is high. Will they decide to not continue production in 3 months? We will have to see.
    And why is inventory high? Because people don't want to buy the over priced unpracticle volt. Only suspending production for three months. Tell that to the families of the furloughed workers. Let them eat ramon noodles. Personally I refuse to buy a vehicle from GM (government motors).
    When America is strong the world is calm, When America is weak tyrants and terrorist slaughter the meek. ~ SgtRock

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    Re: Volt production on hold for 5 weeks

    Quote Originally Posted by SgtRock View Post
    And why is inventory high? Because people don't want to buy the over priced unpracticle volt. Only suspending production for three months. Tell that to the families of the furloughed workers. Let them eat ramon noodles. Personally I refuse to buy a vehicle from GM (government motors).
    There are many who feel that way. It's another reason why GM should have simply went through a structured more conventional bankruptcy and started over from there. People have overlooked the costs that don't have a $$ in front of it.

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    Re: Volt production on hold for 5 weeks

    Quote Originally Posted by OpportunityCost View Post
    orly?

    Gov’t subsidies for Chevy Volt up to $250,000 per car? « Hot Air

    Chevy Volt Costing Taxpayers Up to $250K Per Vehicle [Michigan Capitol Confidential]
    links embedded in story:
    http://www1.eere.energy.gov/recovery...ardee_list.pdf 100million
    http://www.michigancapitolconfidenti...9-23-08-BM.pdf another 100million
    http://www.michigancapitolconfidenti...4-14-09-BM.pdf 100 million to the battery supplier


    Keep fooling yourself, there is plenty of corporatism involved if its a cause Obama likes. Btw whatever happened to the liberal idea that tax breaks werent ok, you guys seem to hate it when oil is involved.
    First, the article starts off by saying MAY have... The first hmmmmmm?
    Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a total of $3 billion altogether
    Then it says it's unlikely to ever receive all the $3 billion it touted in the beginning. Guess that blows his math all to hell.
    It’s unlikely that all the companies involved in Volt production will ever receive all the $3 billion in incentives, Hohman said
    Finally we get down to the meat of the article...coulda...woulda...well, maybe. What a joke of an article.
    But the analysis looks at the total value that has been offered to the Volt in different aspects of production

    In the third link there are lots of awards given to manufacturers that are NOT Volt exclusive, most are generic battery producers, such as Saft America, Inc. for production of lithium-ion cells, modules, and battery packs for industrial and agricultural vehicles and defense application markets. Last I looked the Volt wasn't an industrial, agricultural or defense vehicle.

    Or how about Allison Transmission, Inc. to to manufacture hybrid systems for the commercial truck market. Is the Volt now a commercial truck?

    Then there's the Ford Motor Company (Ford subsidy for a GM Volt???) to produce a Ford electric drive transaxle with integrated power electronics in an existing Ford transmission facility.


    And on and on. To say that the Volt is subsidized by as much as $250,000 each using these state and federal incentives is sensationalism at it's best.
    “We just simply don’t know how to govern” - Rep. Steve Womack (R-AR) a member of the House Budget Committee

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