Saturday, March 3, 2012

Government Motors Halts Production of Junk, Formerly Known As The Volt

GM has stopped production of the Volt and laid off 1300 workers. Seems nobody is buying that overpriced POS. I snipped this quote courtesy of a ZeroHedge article I will link at the bottom.

"We did not develop the Chevy Volt to be a political punching bag," General Motors CEO Daniel Akerson testified before Congress in the same January hearing. "We engineered the Volt to be a technological wonder."

The Volt is a wonder alright. It's a wonder anyone buys the piece of crap.

Here's how the Volt pencils out. With local taxes, dealer fees, and the 600 dollar power cord, you can't get off the lot for a dime less than 45 grand.

My Hyundai Elantra is bigger, roomier, has a larger motor, gets better mileage, and costs 30 thousand dollars less. The Elantra has not been known to spontaneously burst into flames either.
So how much gas does 30 grand buy? Say at 4 bucks a gallon?

It buys 7500 gallons. That is 262,000 miles worth. (At 35 MPG)

The Volt does not pencil. It never has. You only have battery power for about 30-40 miles, then you are on gas. It costs 1.80 on average to charge the car for 10 hours. The heater sucks all of the juice out of the battery and puts you on gas in short order. From that point- not only is the car underpowered but it gets worse mileage than the Hyundai.

But to each their own. I mean after all ...people bought Pacers, Gremlins, and Monzas didn't they? They just didn't shell out 45 grand to do so. http://www.zerohedge.com/news/excessive-channel-stuffing-forces-gm-halt-chevy-volt-production-fire-1300

1 comment:

Jim at Conservatives on Fire said...

Maybe Obama will buy one and use it as a golf cart.