Time to End Subsidies for the Chevy Volt and Other Electric Cars
by Rick Moran
The bottom line is ugly. We are not only massively subsidizing the purchase of these vehicles, we are subsidizing a bunch of loser companies in an industry that couldn’t make it on its own without our tax dollars propping them up.
The madness has to end. The White House is orchestrating the manipulation of the public, trying to fool them into believing that the Volt and other electrics are a great success. They have pulled out all the stops — begging their cronies to buy them and forcing them on the military and other government agencies:
Such dishonesty deserves censure. Electric cars will sell when people perceive them to be equal or better than gas-powered autos. That’s how it works in a market economy and no tens of billions of government spending is going to change that basic, unalterable fact.
With an advertised 50 mile range on electric (reality checks showed the Volt to have a range closer to 30), few people will wish to commute in a car that can barely get them back and forth to work. It’s time to pull the plug on this green toad of a car and quit subsidizing such spectacular — and inept – failure.
Moran goes over the touted “record” sales of the Volt in 2012 - GM heavily discounted the things, and a significant % of sales were to price-be-d@#$ed government agencies - which are almost as high as the Chevy Avalanche truck in its last year when GM buried it for poor sales. It’s time for government, at all levels, to cut the Volt (and GM!) loose, pull the subsidy and special treatment plugs, and let this Enviro-Hype turd sink or float on its own merits!