Tuesday, November 13, 2012

The Volt vs. the Cruze

“The $40,000 Volt is basically a $17,000 Cruze - with a 500 lb., 25-mile range, eight-hour-to-charge battery. Which is toxic when spent - and costs somewhere between $8,000 and$15,000 to replace. . .

We the Taxpayers own 26% of GM’s stock - and are poised to lose more than $40 billion on the auto bailout.

In no small part because GM - the company in which we are conscripted investors - is wasting tens of millions - and the Feds billions more - tilting at Volt windmills.”   Seton Motley

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