reply to post by buddhasystem
Sorry, but the study was based upon then-current facts and figures.
Your efforts are based upon projected domestic production.
China is relevant, as GM has admitted that they are giving
China their Volt technology, and are moving more and more production to the
cheap-labor BRIC countries.
The recall is relevant because before you can count "sales," a car has to stay sold.
Given a maximum hypothetical
"profit" of $1,471 ( at 3.7% margin), just how long do you think we''ll have to wait to see if our
"investment" is ever
And, don't forget the $ tens of billions $ in the bankruptcy bailouts and lost stock value we will NEVER get back!
Your projections are hopelessly flawed, so your accounting is based upon nothing more than imaginary numbers.
The Mackinac study was based on facts on the ground.
Would it make you feel better if the taxpayers only subsidized the Volt to the tune of $100,000/car? $50,000 per car?
Most people I know do not beleive taxpayer money should be used at all
to subsidize a specific product from a specific manufacturer in a
single industry; so, even a $7,500 "tax incentive" is an unfair distortion of the market!
Here's a question you will never answer:
How much are YOU willing to pay people earning $170,000 to but a car from GM