Obama's Car Puzzle

You have in GM's Volt a perfect car of the Age of Obama -- or at least the Honeymoon of Obama, before the reality principle kicks in.

Even as GM teeters toward bankruptcy and wheedles for billions in public aid, its forthcoming plug-in hybrid continues to absorb a big chunk of the company's product development budget. This is a car that, by GM's own admission, won't make money. It's a car that can't possibly provide a buyer with value commensurate ... Full Story »

Posted by David Fox
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Posted by: Posted by David Fox - Nov 12, 2008 - 11:34 AM PST
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Edited by: David Fox - Nov 12, 2008 - 11:50 AM PST

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2.0
by David Fox - Nov. 12, 2008

The author wants to make a point, but without checking his facts. Among other things, he implies that the GM Volt is unique among new cars in that it will lose money at the start. This is true for most new cars lose money when they're first produced. He also seems incredulous that the Volt might get 50 MPG while in gas-generator mode. I don't know if that's accurate, but it's believable - that's what I get on my Prius. For more comments see the related link to the CalCars article.

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3.0
by Derek Hawkins - Nov. 12, 2008
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  • Uninformed Wall St. Journal Columnist Critiques Volt; Related GM News

    It's not surprising that the day begins with an extraordinarily uninformed and misdirected attack on the Chevy Volt in the nation's most influential financial publication, The ...
    Posted by David Fox
    3.8