Thursday, October 21, 2010

Volt Fraud At Government Motors

http://www.investors.com/NewsAndAnalysis/Article/550957/201010191855/Volt-Fraud-At-Government-Motors.htm

More lies, from bogus tries.
This was definitely worth that bailout!
And for everyone they sell the taxpayer will give them a 7500 dollar subsidy.
Coz we're so proud of Government motors, they need to be rewarded.

That's not quite true. The gasoline engine has been found to be more than a range-extender for the battery. Volt engineers are now admitting that when the vehicle's lithium-ion battery pack runs down and at speeds near or above 70 mph, the Volt's gasoline engine will directly drive the front wheels along with the electric motors. That's not charging the battery — that's driving the car.

So it's not an all-electric car, but rather a pricey $41,000 hybrid that requires a taxpayer-funded $7,500 subsidy to get car shoppers to look at it. But gee, even despite the false advertising about the powertrain, isn't a car that gets 230 miles per gallon of gas worth it?

We heard GM's then-CEO Fritz Henderson claim the Volt would get 230 miles per gallon in city conditions. Popular Mechanics found the Volt to get about 37.5 mpg in city driving, and Motor Trend reports: "Without any plugging in, (a weeklong trip to Grandma's house) should return fuel economy in the high 30s to low 40s."

Car and Driver reported that "getting on the nearest highway and commuting with the 80-mph flow of traffic — basically the worst-case scenario — yielded 26 miles; a fairly spirited backroad loop netted 31; and a carefully modulated cruise below 60 mph pushed the figure into the upper 30s."

This is what happens when government picks winners and losers in the marketplace and tries to run a business. We are not told that we will be dependent on foreign sources like Bolivia for the lithium to be used in these batteries. Nor are we told about the possible dangers to rescuers and occupants in an accident scenario