"GM Halts Chevy Volt Production Because Sales Suck"

[niky]

So let's vote the Republicans back in office so they can cut more taxes for the rich, cut more deals wi industrialists, start two or three more wars and run up a few trillion dollars more in debt?

[onemph05]

So let's vote the Republicans back in office so they can cut more taxes for the rich, cut more deals wi industrialists, start two or three more wars and run up a few trillion dollars more in debt?

Or vote Obama. He only gives his party millions in tax money, create fake green jobs and pocket the money after closing down months later, don't prosecute them and pay zero tax money. Obama will get his money back since they are his biggest liberal donors. The news won't come out since they own: CNN, NSNBC, NBC, NPR and all the the left leaning news sites. The republicans are evil, because the media outlets we own say they are evil. Evil!

Solyndra was a number of things happening at once.

With the Volt, for a very specific subset of buyers, it works and it does save them money in the long term... But for mist, the huge upfront cost is a hurdle too far.

Solyndra was in trouble before Obama gave them the millions in loans. Documented by emails and visits to the white house.

How does the volt save you money, when price of electricity keeps climbing? The remaining units, they attempted to unload into the Chinese market. GE bought them to use as company vehicles. GE is also the biggest donor to Obama's campaign and paid no taxes. GE also owns NBC and MSNBC, so you'll never hear the "special price" GE paid for the Volts.

The back scratching and coverups continue...

[Ry_Tower]

Wow, conspiracy theory stories pala dito...

:popcorn::pepsi:

[uls]

not consipiracy theories

republicans have their agenda, democrats have their agenda

they have their own ideologies

onemph05 and niky just described some of those agendas

republicans are right leaning, democrats are left leaning

sa US malinaw ang pagkaiba ng paniniwala ng dalawang political parties

dito sa atin madami political parties pero walang malinaw na ideology

[onemph05]

Wow, conspiracy theory stories pala dito...

:popcorn::pepsi:

Hehe... My last job was to find and solve, why a company was buying so much product and spent more than it made. It had ties to the energy provider in the area. People were always scared to see me visit a site, bec. someone would usually get terminated.

[niky]

Or vote Obama. He only gives his party millions in tax money, create fake green jobs and pocket the money after closing down months later, don't prosecute them and pay zero tax money. Obama will get his money back since they are his biggest liberal donors. The news won't come out since they own: CNN, NSNBC, NBC, NPR and all the the left leaning news sites. The republicans are evil, because the media outlets we own say they are evil. Evil!

Obama himself doesn't pocket the money. The problem with the green loans is that some of them were being given to mismanaged businesses like Solyndra. Others were being given to businesses that were too small to succeed (like Aptera and Coda), despite their actually spending money on development and such.

A modern car requires an engine that costs hundreds of millions of dollars to develop, a chassis that requires millions of dollars in crash testing and tens of millions of dollars in tooling up and sales and marketing. The money given to some of these electric start-ups was never going to be enough. They needed cash infusions from the private sector, too. The green loans failed to make these companies attractive enough to investors, so they failed. Big problem of poor screening of loan applicants.

Solyndra was in trouble before Obama gave them the millions in loans. Documented by emails and visits to the white house.

And what about the banks Bush signed all that money off to? And the major auto-manufacturers? Let's not forget. The billions spent in bailout were authorized by Bush well before the election. There are corrupt companies and there are corrupt companies. Even if Solyndra didn't have book-keeping and management issues, it was always going to be a big gamble. The solar game is competitive, and prices are artificially low due to competitive pressures from the Chinese.

How does the volt save you money, when price of electricity keeps climbing? The remaining units, they attempted to unload into the Chinese market. GE bought them to use as company vehicles. GE is also the biggest donor to Obama's campaign and paid no taxes. GE also owns NBC and MSNBC, so you'll never hear the "special price" GE paid for the Volts.

The back scratching and coverups continue...

The Volt can save you money if you drive a certain amount on electricity. It's simple math. Even at high rates, electricity is still cheaper than gasoline due to economies of scale. The problem of the Volt is that most people are not willing to pay upfront now for a car that will be cheaper to own over ten years than the SUV they're buying, instead. (Personally, I'd get neither... a subcompact or supermini makes infinitely more financial sense).

Wait... GE? GE + Obama? Wahahahahaha... Are we going to pretend that GE doesn't give millions in donations to the Republicans now? And that they haven't been using offshore operations and creative accounting to evade taxes since long before Obama became president? Pull the other one, thank you.

This is not to say the Democrats are perfect and that the Green loans weren't an enormous waste of money, but really... that's just sad conspiracy theorism at its worst.

[onemph05]

Obama himself doesn't pocket the money. The problem with the green loans is that some of them were being given to mismanaged businesses like Solyndra. Others were being given to businesses that were too small to succeed (like Aptera and Coda), despite their actually spending money on development and such.

The money is pocketed to his cronies who in turn put more money into his re-election. You've hear the term, you scratch my back and I'll scratch yours? Well his administration the biggest example of corruption to date. Solyndra being one of the more widely known examples. The humor is, it was thanks to a employee who phoned in on the Mark Lavin show on KSFO about the dirty business. A conservative news AM channel, that Liberals have long fought to take down.

A modern car requires an engine that costs hundreds of millions of dollars to develop, a chassis that requires millions of dollars in crash testing and tens of millions of dollars in tooling up and sales and marketing. The money given to some of these electric start-ups was never going to be enough. They needed cash infusions from the private sector, too. The green loans failed to make these companies attractive enough to investors, so they failed. Big problem of poor screening of loan applicants.

Wrong, they produced a product no one wanted and was inefficient. China was producing the product cheaper and lower cost to the few consumers. Its the reason why they failed! Solyndra customers were all government owned assets. Surprised it only lasted a couple of months? These companies were supposed to provide Obama voters stable employment.

And what about the banks Bush signed all that money off to? And the major auto-manufacturers? Let's not forget. The billions spent in bailout were authorized by Bush well before the election. There are corrupt companies and there are corrupt companies. Even if Solyndra didn't have book-keeping and management issues, it was always going to be a big gamble. The solar game is competitive, and prices are artificially low due to competitive pressures from the Chinese.

Who was in charge of the house and senate at the time? Liberals had majority on both. This whole collapse because you had Obama and activist like him going after banks claiming the race card game. Would you loan money, to someone incapable of paying you back? Its discrimination for not lending a person be it: black, white, hispanice, filipino: to purchase a home, when they can't hold a stable job, have bad credit and in dept? Its similar to affirmative action. Let someone in on a high level college, based on his color, not based on grades and achievements. The Liberals created a ticking time bomb. Bush failed to see it in time and slow it down.

The Volt can save you money if you drive a certain amount on electricity. It's simple math. Even at high rates, electricity is still cheaper than gasoline due to economies of scale. The problem of the Volt is that most people are not willing to pay upfront now for a car that will be cheaper to own over ten years than the SUV they're buying, instead. (Personally, I'd get neither... a subcompact or supermini makes infinitely more financial sense).

Why pay upfront for a Volt, when competitors like the Nissan Leaf and Prius are cheaper? What commonsense does GM have to release a product, that others can beat in price and efficiency? The Volt isn't the first Hybrid GM failed in. Ford was smart enough to approach Toyota. Remember GM hasn't paid the bail out in full and majority of the money was from selling assets. Its not because, they made quality cars.

Wait... GE? GE + Obama? Wahahahahaha... Are we going to pretend that GE doesn't give millions in donations to the Republicans now? And that they haven't been using offshore operations and creative accounting to evade taxes since long before Obama became president? Pull the other one, thank you.

GE CEO is Jeffry R Emmelt. Obama named Immelt council on Jobs and Competitiveness. He was also on Obama's Economic Recovery Advisory Board. GE owns the following media assests, click the link: List of assets owned by General Electric - Wikipedia, the free encyclopedia The list of connections continues.

This is not to say the Democrats are perfect and that the Green loans weren't an enormous waste of money, but really... that's just sad conspiracy theorism at its worst.

Niky, its worst to deny the facts and the coverups a group of connected members can do because of their greed. All they can do is blame Bush. Hell we can blame our mistakes at work to those who held the position before us. We all have gone through job interviews and claimed to be capable of doing the job. We shouldn't be fired if we are bad at it. It was Bush's fault...

[niky]

The money is pocketed to his cronies who in turn put more money into his re-election. You've hear the term, you scratch my back and I'll scratch yours? Well his administration the biggest example of corruption to date. Solyndra being one of the more widely known examples. The humor is, it was thanks to a employee who phoned in on the Mark Lavin show on KSFO about the dirty business. A conservative news AM channel, that Liberals have long fought to take down.

Republican-Democrat. Pot. Kettle. Boo hoo.

Wrong, they produced a product no one wanted and was inefficient. China was producing the product cheaper and lower cost to the few consumers. Its the reason why they failed! Solyndra customers were all government owned assets. Surprised it only lasted a couple of months? These companies were supposed to provide Obama voters stable employment.

Better do your research, bub. And not on Neo-con radio. Know where the body for the Coda sedan came from? The body for the Electrovaya? Do you know where all these EV start-ups were getting their cheap motors and batteries? That's right. China.

Who was in charge of the house and senate at the time? Liberals had majority on both. This whole collapse because you had Obama and activist like him going after banks claiming the race card game. Would you loan money, to someone incapable of paying you back? Its discrimination for not lending a person be it: black, white, hispanice, filipino: to purchase a home, when they can't hold a stable job, have bad credit and in dept? Its similar to affirmative action. Let someone in on a high level college, based on his color, not based on grades and achievements. The Liberals created a ticking time bomb. Bush failed to see it in time and slow it down.

Absolute bullcrap. Banks still penalize blacks and hispanics when giving mortgages. Duh. You have to be White or Asian to get a good deal. And Bush? Bush coddled Fannie Mae and Freddie Mac and blocked investigation into their practices. Bush was never trying to stop the bubble.

Why pay upfront for a Volt, when competitors like the Nissan Leaf and Prius are cheaper? What commonsense does GM have to release a product, that others can beat in price and efficiency? The Volt isn't the first Hybrid GM failed in. Ford was smart enough to approach Toyota. Remember GM hasn't paid the bail out in full and majority of the money was from selling assets. Its not because, they made quality cars.

While I agree, the Volt's per mile operational cost is lower than the Prius, and the Leaf lacks flexibility compared to the Volt or the Prius. It's apples or eggs, really. The Volt could have been much cheaper if the regen motor was sold as an option instead of standard... or it could be slightly cheaper and much more efficient on gasoline if GM had gone for a much smaller regen motor (like the excellent 1.0 from GMDAT). Still, it's funny that the Volt gets so much Obama linked hate when... surprise surprise, it was in the pipeline long before Carmageddon 08.

GE CEO is Jeffry R Emmelt. Obama named Immelt council on Jobs and Competitiveness. He was also on Obama's Economic Recovery Advisory Board. GE owns the following media assests, click the link: List of assets owned by General Electric - Wikipedia, the free encyclopedia The list of connections continues.

So? GE still contributes millions to the Republicans. And GE has been on the offshore tax boat since long before Obama. And who was President in 2002? This is not to say that GE isn't a big lobbyist. Hell... all the majors give money to the parties, red or blue, depending on who they like or who's in power. This doesn't quite mean anything.

Niky, its worst to deny the facts and the coverups a group of connected members can do because of their greed. All they can do is blame Bush. Hell we can blame our mistakes at work to those who held the position before us. We all have gone through job interviews and claimed to be capable of doing the job. We shouldn't be fired if we are bad at it. It was Bush's fault...

People act as if the Volt sprung straight up out of the ground when Obama took office. It didn't. The Volt was first shown in concept form in 2007... TWO YEARS before Obama took office.

Again... Solyndra... yes, it was always a marginal investment, the Energy Department failed to clear the loan with the Justice Department for check-and-balance... but the sad fact-of-the-matter is... when Solyndra was starting up new production, the economy was in the crapper and the Chinese were flooding the market with solar cells at unbelievably low prices. There's no way you can operate a brand new facility at a profit when you can't sell your cells to anyone.

-

Did the Obama administration muck up those loans. Yes.

Was there a massive conspiracy by Obama to mulct the public? No. Go look at the shuttered plant and tell me they didn't actually spend that money on construction... $500m on a new production plant? Hell... make a plant in this country, where labor is much cheaper, and you can spend almost that much.

This is not to say the CEO and CFO of Solyndra did not lie about their financial capacity and didn't make anything off the deal (then again, let's talk about the golden parachutes Bush approved for bank managers, shall we?)... but that's business with the government. If you want to make money, no easier way than to con the government.

Those of us who are familiar with alternative energy and alternative car companies know the real score. Some serious start-ups got money. Some not-so-serious ones did. The Energy Department simply didn't do enough homework. And yet the money was spread out so far in such a scattershot manner that it would never be enough to result in good products or effects. The reality is that the market in general really doesn't have the money to buy alternative energy products. Instead of funding the start-ups, the government should have merely subsidized the buyers, and let market forces choose the winners in the alt-energy game.

But if you like, we could go back to Bush and find another Middle Eastern country to invade, eh?

[cripple_rooster]

The Volt can save you money if you drive a certain amount on electricity. It's simple math. Even at high rates, electricity is still cheaper than gasoline due to economies of scale. The problem of the Volt is that most people are not willing to pay upfront now for a car that will be cheaper to own over ten years than the SUV they're buying, instead. (Personally, I'd get neither... a subcompact or supermini makes infinitely more financial sense).

I'd also get a subcompact over a hybrid (or a battery-electric vehicle) if I were seeking for cost-effectiveness. Might also consider that after a predictable 10-year lifespan, it's still cheaper to overhaul a subcompact's engine than to overhaul the engine AND replace the traction batteries of a hybrid...