GM halts production on the Chevy Volt

[MT Mike]

BTW, got anything from a non-biased news source?

No such thing. You'd have better luck finding Sasquatch riding Babe the Blue Ox through downtown Seattle.

 

[XJEEPER]

Interesting...........is GM really headed for bankruptcy again?

http://www.forbes.com/sites/louiswoodhill/2012/08/15/general-motors-is-headed-for-bankruptcy-again/

 

[Bent]

The Volt is an electric drive with a gas powered genset. Once the battery is depleted the genset kicks in and charges the battery, but is never gas driven though.

If you are correct, the drive is in essence would become similar to that of contemporary locomotives. I’m thinking hybid on the trail one of these days; one electric motor at each wheel. From what I’ve seen the volt is an appealing prospect; and another step toward developing the required technology. Truth be told, I’d take the Hybrid version of my ‘07 Eclipse over my V6 model in a heartbeat.
Remember the 1974 model year cars? Now think about what is being squeezed out of today’s four and sixes. You gotta start somewhere.

No such thing. You'd have better luck finding Sasquatch riding Babe the Blue Ox through downtown Seattle.

Dude! I know a guy. He can help you out with that. I think Paul would even show up while you're there; I know he would.

 

[XJEEPER]

Here's your tax dollars at work.........

Workers at LG Chem, a $300 million lithium-ion battery plant heavily funded by taxpayers, tell Target 8 that they have so little work to do that they spend hours playing cards and board games, reading magazines or watching movies.
They say it's been going on for months.
"There would be up to 40 of us that would just sit in there during the day," said former LG Chem employee Nicole Merryman, who said she quit in May.
"We were given assignments to go outside and clean; if we weren't cleaning outside, we were cleaning inside. If there was nothing for us to do, we would study in the cafeteria, or we would sit and play cards, sit and read magazines," said Merryman. "It's really sad that all these people are sitting there and doing nothing, and it's basically on taxpayer money."
Two current employees told Target 8 that the game-playing continues because, as much as they want to work, they still have nothing to do.
"There's a whole bunch of people, a whole bunch," filling their time with card games and board games," one of those current employees said.
"There's no work, no work at all. Zero work," another current employee said. "It is what it is. What do you do when there's no work?"
​

At the 2010 groundbreaking, President Obama seemed pleased to promote one of the few "Stimulus" projects he thought at the time was actually "shovel ready":

"Government can’t generate the jobs or growth we need by itself. But what government can do is lay a foundation for small businesses to expand and to hire. For entrepreneurs to open shops and test new products.For workers to get the training they need for the jobs of the 21st century...
"For years you’ve been hearing about manufacturing jobs disappearing overseas.You are leading the way to show how manufacturing jobs are coming right back here to the United States of America…
"The workers at this plant already slated to produce batteries for the new Chevy Volt learned the other day they’re also going to be supplying batteries for the new electric Ford Focus as soon as this operation gears up. That means by 2012 the batteries will be manufactured here in Holland Michigan."
​

But like most of the Obama administration's "Clean Energy" projects, none of the promises President Obama made about LG Chem's production plans came true. As a supplier of batteries for the electric powered Chevrolet Volt, LG Chem has learned that its customer -- government owned General Motors -- simply doesn't need its batteries because there is virtually no consumer demand for Chevy Volts.


It's 2012, and LG Chem has yet to ship its first battery for the Chevy Volt or any other electric car.



http://www.breitbart.com/Big-Govern...o-Workers-Play-Cards-at-Stimulus-Backed-Plant

 

[Vanimal]

i probably see more bentleys than volts, leafs, or any other electric car, combined. cant imagine they're selling many.

 

[87manche]

it's not just LG chem

a123 is going bankrupt right now.

we pumped tons of money into these companies and then expected mandates to make a market for their products.

it's a bitch when your socioeconomic manipulation doesn't work out like you think.

 

[XJEEPER]

Yup, the list of failures keeps growing.........

 

[boostamante]

You really want to reduce your footprint? Get an 80's CRX.

I <3 you!

Wish i hadn't sold my 88 Civic Sedan. That thing was ugly as hell but great on gas!

The 07 Fit is nice tho and gets 35-37 and sometimes 40 MPG's

 

[Vanimal]

i've wanted an 87 crx hf for a while. those things get like 51mpg.

 

[Tom R.]

I owned a 1980 Civic 5-door hatchback with the 1.3L. It got over 50 MPG on the highway. Despite having only 55 hp, it was a fun car to drive and surprisingly provided lots of storage space to haul my gear. Often wish I never sold it in '86.

 

[Beezil]

I owned a 1980 Civic 5-door hatchback with the 1.3L. It got over 50 MPG on the highway. Despite having only 55 hp, it was a fun car to drive and surprisingly provided lots of storage space to haul my gear. Often wish I never sold it in '86.

50mpg for a affordable automobile?

BS....i don't buy it.

in order to get a thing like that to the market, it needs to be heavily subsidized by the tax payer, have a price point of $40,000, and an 8-9 year ROI.

 

[Boss Cherokee]

My dad use to get while going to the river, 54 mpg in his Diesel "4"spd not 5spd Rabbit p/up!

 

[XJEEPER]

It just keeps getting better……the whole, “I saved the auto industry” claim that Obama continues to make. GM is floundering again, in spite of taxpayer funded government subsidies and bailouts.


"The Volt has, by now, received well more than $3 billion in government subsidies. To make the equivalent of a $17,000 car - that retails for $40,000 and costs $89,000 to make.

(T)he (electric/hybrid car) market only represents only 0.3 percent of total industry sales....
​

Billions well spent."

http://www.breitbart.com/Big-Govern...s-Americans-Won-t-Pay-40-000-for-a-17-000-Car

 

[XJEEPER]

Who could have predicted that taxpayers would get screwed by the US Government when they tried to play business......oh, wait, everyone with two brain cells to rub together.

http://www.detroitnews.com/article/...from-U-S-?odyssey=mod|breaking|text|FRONTPAGE