Wrong again - Reutersí estimate of the current loss per unit for each
Volt sold is grossly wrong, in part because the reporters allocated
product development costs across the number of Volts sold instead of
allocating across the lifetime volume of the program, which is how
business operates. The Reutersí numbers become more wrong with each
Also - The Obama administration, of course, had nothing to do with
development of the Chevy Volt. The production design model was
unveiled in September 2008, before Obama was even elected. Yet somehow
right-wingers believe that disparaging the Volt, an all-American car,
will reflect poorly on Obama.
I'm not a fan of the battery powered cars but then I think with time
they will be viable in certain travel segments. Still will get kicked
in the pants by the government when they figure out how to tax the
electricity used to charge them can be road taxed like each gallon of
I agree. I saw that article today where some moron reporter took develpment
cost and divided by the number of Volts sold. They need to divide by all
the number of Volts sold and which are planned to be sold. I agree with
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