RightMichigan.com || Clark, You May Want To Stifle Your Father of Government Motors Chevy Dolt

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Clark, You May Want To Stifle Your Father of Government Motors Chevy Dolt

By Corinthian Scales, Section News
Posted on Sat Feb 18, 2012 at 03:11:45 PM EST
Tags: Clark Durant, Bob Lutz, Debbie Stabenow, Obama, George W Bush, TARP, Pete Spend-a-Lot, Government Motors, Chevy Volt, China (all tags)

via freep.com

Former General Motors Vice Chairman Bob Lutz on Friday sharply criticized Republican presidential candidate Mitt Romney, defending the rescue of GM and Chrysler as a "necessary government intervention."
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Yup. That should resonate real well for the Durant campaign during the primary. Perhaps, a not so subtle reminder for when "Maximum Bob" opens his pie hole again...

Chevy Volt Costing Taxpayers Up to $250K Per Vehicle
Analyst: 'This might be the most government-supported car since the Trabant'
Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it - a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy.
Hohman looked at total state and federal assistance offered for the development and production of the Chevy Volt, General Motors' plug-in hybrid electric vehicle. His analysis included 18 government deals that included loans, rebates, grants and tax credits. The amount of government assistance does not include the fact that General Motors is currently 26 percent owned by the federal government.
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"the Volt will survive and will justifiably become a landmark vehicle." - Bob Lutz