In other words, exactly the kind of car you'd expect government to produce. From (of all places) The New York Times: (LINK FIXED)
For starters, G.M.’s vision turned into a car that costs $41,000 before relevant tax breaks ... but after billions of dollars of government loans and grants for the Volt’s development and production. And instead of the sleek coupe of 2007, it looks suspiciously similar to a Toyota Prius. It also requires premium gasoline, seats only four people (the battery runs down the center of the car, preventing a rear bench) and has less head and leg room than the $17,000 Chevrolet Cruze, which is more or less the non-electric version of the Volt.
In short, the Volt appears to be exactly the kind of green-at-all-costs car that some opponents of the bailout feared the government might order G.M. to build. Unfortunately for this theory, G.M. was already committed to the Volt when it entered bankruptcy. And though President Obama’s task force reported in 2009 that the Volt “will likely be too expensive to be commercially successful in the short term,” it didn’t cancel the project. ...
So the future of General Motors (and the $50 billion taxpayer investment in it) now depends on a vehicle that costs $41,000 but offers the performance and interior space of a $15,000 economy car.
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R.J. - Jul 30, 2010 10:13 PM
http://onscreencars.com/tv/the-homer-the-car-built-for-homer/
DS - Jul 30, 2010 10:31 PM
Gov't is OK to DS - Jul 31, 2010 12:46 AM
gov't is OK - Jul 31, 2010 2:19 AM
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