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healthpellets
03-29-2011, 01:26 AM
http://www.forbes.com/2011/03/16/chevy-volt-ayn-rand-opinions-patrick-michaels.html

Chevy Volt: The Car From Atlas Shrugged Motors

Patrick Michaels, 03.16.11, 6:00 PM ET

The Chevrolet Volt is beginning to look like it was manufactured by Atlas Shrugged Motors, where the government mandates everything politically correct, rewards its cronies and produces junk steel.

This is the car that subsidies built. General Motors lobbied for a $7,500 tax refund for all buyers, under the shaky (if not false) promise that it was producing the first all-electric mass-production vehicle.

At least that's what we were once told. Sitting in a Volt that would not start at the 2010 Detroit Auto Show, a GM engineer swore to me that the internal combustion engine in the machine only served as a generator, kicking in when the overnight-charged lithium-ion batteries began to run down. GM has continually revised downward its estimates of how far the machine would go before the gas engine fired, and now says 25 to 50 miles.

It turns out that the premium-fuel fired engine does drive the wheels--when the battery is very low or when the vehicle is at most freeway speeds. So the Volt really isn't a pure electric car after all. I'm sure that the people who designed the car knew how it ran, and so did their managers.

Why then the need to keep this so quiet? It's doubtful that GM would have gotten such a subsidy if it had been revealed that the car would do much of its freeway cruising with a gas engine powering the wheels. While the Volt is more complicated than the Prius, and has a longer battery-only range, a hybrid is a hybrid, and the Prius no longer qualifies for a tax credit.

In other words, GM was desperate for customers for what they perceived would be an unpopular vehicle before one even hit the road. It had hoped to lure more if buyers subtracted the $7,500 from the $41,000 sticker price. Instead, as Consumer Reports found out, the car was very pricey. The version they tested cost $43,700 plus a $5,000 dealer markup ("Don't worry," I can hear the salesperson saying, "you'll get more than that back in your tax credit!"), or a whopping $48,700 minus the credit.

This is one reason that Volt sales are anemic: 326 in December, 321 in January, and 281 in February. GM announced a production run of 100,000 in the first two years. Who is going to buy all these cars?

Another reason they aren't exactly flying off the lots is because, well, they have some problems. In a telling attempt to preserve battery power, the heater is exceedingly weak. Consumer Reports averaged a paltry 25 miles of electric-only running, in part because it was testing in cold Connecticut. (My engineer at the Auto Show said cold weather would have little effect.)

It will be interesting to see what the range is on a hot, traffic-jammed summer day, when the air conditioner will really tax the batteries. When the gas engine came on, Consumer Reports got about 30 miles to the gallon of premium fuel; which, in terms of additional cost of high-test gas, drives the effective mileage closer to 27 mpg. A conventional Honda Accord, which seats 5 (instead of the Volt's 4), gets 34 mpg on the highway, and costs less than half of what CR paid, even with the tax break.

Recently, President Obama selected General Electric CEO Jeffrey Immelt to chair his Economic Advisory Board. GE is awash in windmills waiting to be subsidized so they can provide unreliable, expensive power.

Consequently, and soon after his appointment, Immelt announced that GE will buy 50,000 Volts in the next two years, or half the total produced. Assuming the corporation qualifies for the same tax credit, we (you and me) just shelled out $375,000,000 to a company to buy cars that no one else wants so that GM will not tank and produce even more cars that no one wants. And this guy is the chair of Obama's Economic Advisory Board?

It really is enough to get you to say Atlas Shrugged. For those who do not know, or who are only vaguely familiar with, the Ayn Rand classic, it is a story of a society in decay, where politically favored technologies and jobs are foisted on the nation, where innovations that might threaten existing corporatist cartels are financially or physically sabotaged as unemployment mounts and the nation spirals into a malaise that makes the Carter years look like Mr. Rogers' Neighborhood.

Atlas Shrugged is about to come out as a surprisingly good and entertaining movie (which will be destroyed by Hollywood and New York Critics) on--you guessed it--April 15. Maybe the government could put in an ad before the show with Immelt exhorting Americans to care about "the environment and green jobs." All must buy Volts.

ClevelandBronco
03-29-2011, 01:56 AM
If only we could harness the untapped power of Ayn Rand spinning in her grave...

shirtsleeve
03-29-2011, 02:07 AM
Exactly what we are now experiencing. Disgusting in every way. We've seen it before though. Soviet Russia's industry was run in just this way. Welcome to State Socialism.

PornChief
03-29-2011, 05:34 AM
green is the new red

mikey23545
03-29-2011, 06:13 AM
Now that you've seen our State-manufactured car, wait till you see our State-run health care industry!

I can hardly wait for the next four-year plan...

chiefsnorth
03-29-2011, 06:22 AM
Consequently, and soon after his appointment, Immelt announced that GE will buy 50,000 Volts in the next two years, or half the total produced. Assuming the corporation qualifies for the same tax credit, we (you and me) just shelled out $375,000,000 to a company to buy cars that no one else wants so that GM will not tank and produce even more cars that no one wants. And this guy is the chair of Obama's Economic Advisory Board?


GE is quickly becoming the company I hate the most because of this sweetheart releationship with Obama... good lord 2012 get here fast

Ebolapox
03-29-2011, 06:56 AM
what a fucking joke. wink and a smile politics.

chiefsnorth
03-29-2011, 07:13 AM
I posted a thread wondering why no one was asking GM questions about blatantly lying and saying the Volt was all-electric, that it got 230mpg, etc. The responses were all on the order of, well if you only drive in the spring and fall (or don't use heat or a/c) and never drive more than 20 miles in a day, and you never go above 50mph, then their claims might be true.

Some even claimed that this was still a huge leap forward when it is essentially a Prius, which Toyota built 10 years ago and costs 50% less.

Truth is, they spun a tall tale that would have other companies before some kind of Congressional browbeat committee, purely for the purposes of securing bailouts and tax breaks resulting from GM's "Trucks, SUVs, and more SUVs" product strategy

Garcia Bronco
03-29-2011, 09:56 AM
Stop buying GM cars. Let the company fail utterly...er...ahh...more so than in the past.

Ebolapox
03-29-2011, 10:06 AM
Stop buying GM cars. Let the company fail utterly...er...ahh...more so than in the past.

won't work, they'll just get another fucking bailout. they're TOO BIG TO FAIL.

Garcia Bronco
03-29-2011, 10:41 AM
won't work, they'll just get another ****ing bailout. they're TOO BIG TO FAIL.

It'll work because we're broke and tired of them. the union runs the company now and they still suck.

Ebolapox
03-29-2011, 10:52 AM
It'll work because we're broke and tired of them. the union runs the company now and they still suck.

I wish I believed that. honestly, I'm not sure there IS any way to fix the economy and actually allow underperforming companies to fail. we're on a dangerous path, and I see no way out of the mess we've made for ourselves.

healthpellets
03-29-2011, 10:56 AM
Now that you've seen our State-manufactured car, wait till you see our State-run health care industry!

I can hardly wait for the next four-year plan...

this.

The Mad Crapper
03-29-2011, 11:25 AM
"Let me be clear. This is how they did it in East Germany, and this is how we're going to do it here." -Black Jimmah

chiefsnorth
03-29-2011, 11:30 AM
Now that you've seen our State-manufactured car, wait till you see our State-run health care industry!

I can hardly wait for the next four-year plan...

http://en.wikipedia.org/wiki/Trabant

Bewbies
03-29-2011, 01:19 PM
If you want the car we were told the Volt was, go buy a Fisker Karma. They are $100,000, but they are one of the best looking cars on the road.

Chief Faithful
03-29-2011, 01:37 PM
I wish I believed that. honestly, I'm not sure there IS any way to fix the economy and actually allow underperforming companies to fail. we're on a dangerous path, and I see no way out of the mess we've made for ourselves.

You are right, there is no way for the government to fix the economy it can only be done by the private sector. Get the government out of the way and the people will fix it.

I had so much hope the Chevy Volt would be an electric car instead it is an over priced poorly designed hybrid. GM needs to fail.

BucEyedPea
03-29-2011, 02:18 PM
GE is awash in windmills waiting to be subsidized so they can provide unreliable, expensive power.
GE is a sterling example of state-capitalism that goes by other names. They're in bed with the govts of the world. Guess whose reactors are in trouble in Japan and were in trouble before the tsunami? Need I say more.

"We bring good things to life."

BucEyedPea
03-29-2011, 02:19 PM
I had so much hope the Chevy Volt would be an electric car instead it is an over priced poorly designed hybrid. GM needs to fail.

This is the company Obama tried to run at first. I'm sure his heavy hand is still in there. :doh!:

Calcountry
03-29-2011, 02:29 PM
I had so much hope the Chevy Volt would be an electric car instead it is an over priced poorly designed hybrid. GM needs to fail.LMAO

Now, we wait for the change.

The Mad Crapper
07-10-2011, 08:05 PM
The electric car factory Baraq was pimping in Indiana just went bankrupt:

Electric car company filing for bankruptcy

The electric car maker that launched its North American operations in northern Indiana has filed for bankruptcy protection in Norway, a major creditor said Wednesday morning.

Think Global AS plans to liquidate its assets, according to a statement from its exclusive battery supplier, Ener1 Inc.

Ener1, which engineers and makes its batteries in the Indianapolis area at its EnerDel subsidiary, notified investors Wednesday that the company would take a charge of more than $32 million on unpaid loans and accounts receivable from Think Global.

Think’s spokesman in Detroit, Brendan Prebo, could not be reached for comment Wednesday morning.

"I think the car is quickly becoming a historic footnote," said J. William Moore, publisher and editor of the Nebraska-based EV World, which covers the electric vehicle industry. "There's a whole bunch of big, serious competitors hitting the market soon."

Think's sputtering performance has already dragged down Ener1's stock price, but it's not clear what affect the bankruptcy will have on the company. Spokesman Brian Sinderson would not answer a question about the impact on local operations. He issued a statement via email this morning saying, “Ener1 estimates that the amount of the charge is $32.6 million, although the amount could change based on the extent to which funds are recovered as a result of the liquidation of Think Global.”

Think hasn't sold nearly as many cars in North America as it hoped, and early this year asked Ener1 to stop shipping batteries while it worked through a backlog of cars at the Elkhart assembly plant. That contributed to layoffs at Ener1's local operations.

Then, in May, New York-based Ener1 told investors it would write off its $73 million stake in Think, a move that sent its share price to new lows.

Ener1 months ago shifted its focus from supplying batteries for electric cars to utility energy storage. The Mount Comfort assembly plant has been turning out battery packs for the Russian electric grid. Ener1 announced on June 16 a deal with JSC Mobile GTES, a subsidiary of the Federal Grid Company in Russia, which could lead to more manufacturing work in the future.

Think Global opened its Elkhart factory last year with hopes of producing 2,500 autos per year initially and employing 415 people by 2013.

Shares of Ener1 Inc. were down a penny each this morning, to $1.35, well off the 52-week high of $4.60 per share it hit late last year.




http://www.ibj.com/electric-car-company-filing-for-bankruptcy/PARAMS/article/27872

HonestChieffan
07-10-2011, 09:46 PM
Its the Obama magic touch. Everything he touches goes to hell in a handcart.

penchief
07-11-2011, 10:39 AM
Now that you've seen our State-manufactured car, wait till you see our State-run health care industry!

I can hardly wait for the next four-year plan...

We already had it with single-payer Medicare for seniors and disabled. That is, before it was dismantled in favor of the corporate welfare program we have now. Based on the track records of both, universal single-payer is more efficient, IMO, than the Wall Street run health care system we have now. Single payer was far more efficient and far less costly to the tax payer.

So things are not nearly as black and white as many of you ideologues would like to make it sound.

KILLER_CLOWN
07-11-2011, 11:25 AM
We have to have something to compete with the Yugo....oh wait.

The Mad Crapper
07-11-2011, 02:20 PM
We already had it with single-payer Medicare for seniors and disabled. That is, before it was dismantled in favor of the corporate welfare program we have now. Based on the track records of both, universal single-payer is more efficient, IMO, than the Wall Street run health care system we have now. Single payer was far more efficient and far less costly to the tax payer.

So things are not nearly as black and white as many of you ideologues would like to make it sound.

Yeah duH aHR :drool:

LBJ was awesome between viet nam and the war on poverty

YOU'RE A FUCKING IDIOT PENCHIEF.

Bewbies
07-11-2011, 04:23 PM
We already had it with single-payer Medicare for seniors and disabled. That is, before it was dismantled in favor of the corporate welfare program we have now. Based on the track records of both, universal single-payer is more efficient, IMO, than the Wall Street run health care system we have now. Single payer was far more efficient and far less costly to the tax payer.

So things are not nearly as black and white as many of you ideologues would like to make it sound.

You've got to be a dupe account who's sole existence is to ruffle people's feathers. Either that or I need to apologize to Frankie again.

Jaric
07-11-2011, 05:41 PM
I can't believe they've sold as many Volts as they have quite honestly.

I checked it out on the Chevy website, and it looks neat, but not 40k neat.

In order for hybrid/electric cars to become seriously viable, the cost of ownership has to at least be equivalent to that of a regular non-hybrid/electric.

Right now, it's not even close.