Cincinnatus BLOG *** Political Commentary - Social Commentary

You are Browsing the April 2009 Archive:

Obama Motors – The Not For Profit Car Company

  It was all about the battery, they will say, while viewing the Chevrolet Volt on its prominent display stand -- diagonally across from the Edsel in some car museum of the future. Obama Motors (OM), formally known as General Motors (GM) has reiterated its commitment to deliver the green Chevrolet Volt, plug-in electric car to showrooms in November 2010 as planned. This despite the fact that President Obama's own task force concluded that the Volt would be too expensive to be commercially viable. Industry analysts estimate the cost of the Volt will be around $40,000. As a comparison, the price of proven green fuel-efficient vehicles such as the Prius ranges from $22,000 to $24,270 for the base model and the recently introduced, Honda Motor Co.'s Insight hybrid, $19,800… Continue reading | 23 Comments