Monday, September 24, 2012

$10,000 Discount for GM Electric Volt. It Cost $65,000 to Produce.

  • $40,000 sticker price, a high price for a small passenger car.
  • GM (Government Motors), has a bad name. Will have no resale value.
  • Sell it before your battery goes dead. $12,000 for new battery?
  • Obama is shutting down coal fired power stations. Electricity prices may increase.
  • This is your tax money at work.
  • Pity those who own the stock.
This report from BREIGHTBART by Tom Krisher AP Auto Writer.

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