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UPDATE: Chevy Volt Makes NO Money


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#1 Rogerdodger

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Posted 17 July 2012 - 12:56 PM

UPDATE: Chevy Volt Makes NO Money, Costs Taxpayers Hundreds of Thousands of Dollars Per Car...

But all Americans could be mandated to buy one or pay a Penalty Tax.
Supreme Court says so.

"While the "stimulus" racked up trillions in new debt, billions of dollars did go to create jobs that were outsourced or spent overseas.
Whether is it electric cars made in Finland or solar panels in Mexico, taxpayers would be astonished to learn that their hard-earned money went abroad for jobs that weren't created in the United States.
Switzerland, China, Finland, Denmark, South Korea, Australia, Mexico, the Dominican Republic, New Zealand, Thailand, Vietnam, Italy, Russia, Germany, Luxembourg, El Salvador, Great Britain, India, Spain, Indonesia, Japan and France have connections to companies that received stimulus funds or grants, or received stimulus funds directly.
Many of the companies that received funds have ties to the green energy industry, such as Fisker Automotive, which built cars in Finland, or the California Solar Valley Ranch, which included some solar panels built in Mexico rather than at the SunPower California plant."


Edited by Rogerdodger, 17 July 2012 - 01:06 PM.


#2 Rogerdodger

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Posted 17 July 2012 - 10:33 PM

Energy Dept. 'Unable to Locate' $500,000 in Equipment Bought With Stimulus Money...

The DOE said it would not be "appropriate" to release the name of stimulus-money recipient where the $500,000 worth of equipment could not be located.
The program was given nearly $2 billion in stimulus funds "to support the construction of U.S. based battery and electric drive component
manufacturing plants."

Besides, 1/2 a mill is chump change today.

Edited by Rogerdodger, 17 July 2012 - 10:35 PM.


#3 stocks

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Posted 22 May 2018 - 06:20 AM

Electric cars are a great deal  . . . when you get someone else to pay for them.

 

BMW recently offered a $54-per-month lease deal on the i3, its $44,450 (to start) electric car. BMW is literally paying people to take one off their hands – and for those who do, it’s one hell of a bargain.

 

BMW is not the only company selling electric cars this way. They are all being sold this way.

Every single one of them is a money-loser . . .  for those making them.

 

Cue the infamously frank comment by Fiat’s head, Sergio Marchionne – who publicly urged people not to “buy” the electric version of the Fiat 500, which he admitted cost his company $14,000 per sale

 

 

 

https://www.ericpete...n-electric-car/


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If liberty means anything it means the right to  tell people what they do not want to hear. - George Orwell