posted on Jan, 23 2012 @ 09:11 PM
Originally posted by macman
reply to post by buddhasystem
It is very simple.
If you refuse to use the math, in terms of how GM operates, whether it be Fiscal Year or Calendar Year for finances, it still applies.
The Tax Subsidy is Calendar Year based.
The Financial Year for GM could be either, but for this argument, lets have it fall in line with Calendar Year.
Take the amount of Volts sold 2011, 7471.
Take the Tax Subsidy that GM got for year 2011, what ever it is. Now, I know that GM gets several Subsidies. So, apply the one that is directly
connected to the EV and place it here.
Now take the amount of Subsidy and divide by the amount sold 2011.
There is the amount. This is very simple.
Even the dealers understand basic math. Regardless of projections and promises, the Volt can't even make it onto some showrooms anymore.
Apparently, dealers agree with you!
Some Chevy dealers spurn Volt allocation
Some Chevrolet dealers are turning down Volts that General Motors wants to ship to them, a potential stumbling block as GM looks to
accelerate sales of the plug-in hybrid.
For example, consider the New York City market. Last month, GM allocated 104 Volts to 14 dealerships in the area, according to a person familiar with
the matter. Dealers took just 31 of them, the lowest take rate for any Chevy model in that market last month. That group of dealers ordered more than
90 percent of the other vehicles they were eligible to take, the source said.
In Clovis, Calif., meanwhile, Brett Hedrick, dealer principal at Hedrick's Chevrolet, sold 10 Volts last year. But in December and January he turned
down all six Volts allocated to him under GM's "turn-and-earn" system, which distributes vehicles based on past sales volumes and inventory levels.
GM's "thinking we need six more Volts is just crazy," Hedrick says. "We've never sold more than two in a month." Hedrick says he usually takes
just about every vehicle that GM allocates to him.
GM spokesman Rob Peterson confirmed that "dealer ordering is down" for the Volt.
Here, we're fed lie after lie about a "green revolution" and the wise use of taxpayer "investments," when it is nothing more than crony
capitalism and pandering to specific constituencies.
Now, even one of the largest recipients of Obama's largesse admits it can't deliver what they promised or what Volt advocates here take as
At the Detroit auto show this month, GM executives said they wouldn't chase a previous Volt production target set for 2012 -- 60,000 units,
three-quarters of which would be for U.S. sales -- and vowed simply to build as many as customers want.
(GM sold 7,671 Volts in the United States in 2011, short of its 10,000-unit target. It launched the car in seven key markets starting in late 2010,
but didn't begin a national rollout until this past autumn. )
Many dealers say they no longer have customers waiting in the wings.
Bottom line, if anyonein this administration even cares about such things, is that the Volt served a political purpose and nothing more.
The truth will out.