By Corinthian Scales, Section News
Posted on Fri Sep 16, 2011 at 05:34:44 PM EST
Tags: Sen. Debbie Stabenow, Obama Motors, $20000 U.S. subsidy per Volt sold in China, $500M vanished at Solyndra?, Destoy you from within (all tags)
Whooops! Did I write Solyndra? I meant U.S. taxpayer subsidized Chevy Volt's for the ChiComs. Silly me...
Prompting the concern is the Volt's debut in China next year, and news that Chinese officials are refusing to let the Volt qualify for incentives worth nearly $20,000 per car unless GM shares some of the vehicle's key technologies.
GM has so far attempted to deflect concern over the subsidy issue, saying it believes it will work through a solution with the Chinese government.
Actually, with Volt sales figures... this may be a helluva lot cheaper on us taxpayers than building the ChiComs a NAFTA Bridge.
You sure can tell we're approaching an election year.
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By apackof2, Section News
Posted on Fri Jun 12, 2009 at 08:36:46 AM EST
Tags: obama motors, Chrysler, auto, blanchard, uaw (all tags)
The United Auto Workers (UAW) union tapped former Michigan Gov. James Blanchard (D) as their representative to the newly-constituted Chrysler.
(3 comments, 113 words in story) Full Story