Friday, July 30, 2010

This is what a government car company looks like

Government Motors (GM) has announced the new Government Car: The Volt—the “car of the future” that takes the world back around eighty years.

Back in 1922 a Detroit Electric had a range of 70-100 miles. In 2010 a Chevrolet Volt gets 40 miles per charge.”

40 miles on electricity alone! Gosh! What a wonder! No wonder some people are calling it “The Voltswagen — The people’s car that the people must pay for.” That’s payment through the nose, because even with a price tag of US$41,000, more than a top-range Cadillac, it will still lose money. No wonder government-owned Government Motors is after government subsidies to make it work.

Hooray for Government Money.

Notes Peter Foster at the Financial Post,

“GM’s marketing chief, Joel Ewanick … said the Volt was ‘starting the world on a different path.’ Would that be The Road to Serfdom?”

It would.

The same road now being trod in Australia.

2 Comments:

Blogger Dave Mann said...

The telling piece of the article came just at the end...

"Pending "satisfactory government incentives," production is scheduled to begin late 2010".

I nother words, this stupid fucking company is relying on the US taxpayer to subsidise its production of this useless piece of ecojunk!!!


Hahahahaha... what an economy these Americans must have!

8/01/2010 10:19:00 am  
Blogger PC said...

"Green" energy. "Green" jobs. "Green" cars. What's the common factor? Answer: they all take more resources to make than any of them can ever deliver in return.

That's why they always need to be subsidised.

The irony is that it's the advocates of "green" energy "reen" jobs and "green" cars who bang on about "sustainability"...

8/01/2010 11:05:00 am  

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